A tea seller from China.
A FQA of our price and authenticity. (Others are on my site https://www.kingteamall.com/fqa/)
Q: Why your prices are lower than many others especially on factory tea like DaYi, XiaGuan and etc? You are selling fake tea or unknown resource tea?
A: Mainly we set our product price according to price from our suppliers including dealers of each factory and sub-dealers who can supply us tea on wholesale price not on retail price.
e.g. DaYi tea’s price is open and frequently updated on site of DongHeTea(东和茶业). Most these prices are just wholesale price of carton(件jian). 2018 year 1801-7542’s retail price set as RMB 198/pcs by DaYi. The wholesale price on DongHeTea is RMB5700/ carton. It means wholesale price will be around RMB135.7/pcs. If we can get this tea on cost of RMB150, then our gross merit will be RMB48. But if we can get this tea from our wholesaler on RMB160/pcs, and we still resell that on our site as RMB198, then we can get gross merit of RMB38.
We call it gross merit because there are others costs including paypal commission of near 5% and packaging materials cost etc.
Also we are supplying “Point and Reward”, so our customer can get nearly 10% discount on every order. So what we can get on every tea is nearly 85% of the price.
But we insist that reasonable service should be supported by reasonable merit. So we are trying our best to keep our price on a good level both to customer and ourselves then we can keep our business going forward and live a life of our family.
*sub-dealers are main wholesale tea traders in market. They can’t get tea directly from factory but also they have freedom to purchase which tea from dealers of each factory. Some of them just purchase and resell tea on carton(件jian) and don’t supply tea general consumers. But some others don’t just purchase and resell tea on carton but also resell tea to general consumer or other retailers like us.
Looking forward to communicate with you here or other places as below:
Guangzhou city, China