Tuesday, October 15, 2013

Online Purchase

In recent weeks, I have tried online purchase in an attempt to lower my cost of purchase. Not all online purchases are value for money. Some are probably more expensive. The main disadvantages of online purchase are trust on the seller and the time required for delivery which can be as long as 3 to 6 weeks. The other consideration is a lesser feel on the quality of the product as well as sizes to match individual needs.

In general, my views of purchases are as follow:-

(1) Ebay - Sellers understand that buyers are from all over the world. Hence, they are willing to send products overseas with some giving free delivery (ie costs are included in their price). I have not used tracking as I am ready to loose the purchase to reduce cost.

(2) qoo10 - The website is tailored to locals (Singapore). Prices quoted are in SGD. Products are limited to the usual dresses, shirts, electronics etc. The prices, other than those on promotion, may not be cheaper than those in retail.

(3) Tao Bao - China main online retail portal. Sellers assume you are from China. Purchases have to made through a logisitcs forwarder. The process is more tedious than the 2 webpages mentioned above. But the varieties are fantastics including imitation products. Buyers have to be careful as prices can deviate between sellers. If sellers are chosen correctly, they can offer a very good value for money even when logistics and delivery costs are added. A good understanding of chinese is necessary.

Example of value for money purchase: a Targus keyboard purchased for about S$75 a couple of months back from a retail shop costs only S$21 from purchase on line. They are highly similar with only Targus logo missing. Both are made in China. A difference of more than $50.

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