How Alibaba Gold Supplier Membership will benefit you?by TDI India TDI : Premium Transit and Digital Advertising Expe
An Alibaba Gold Supplier holds a paid membership of Alibaba.com, the largest trading and manufacturer directory of the world. Traders also have the option of registering themselves as a Free Member on Alibaba. But like the Gold Suppliers, Free Members aren’t verified by the platform. Alibaba guarantees the authenticity of registered businesses with Gold membership by checking their business license.
Trade Capacity of Alibaba Gold Supplier
The trade capacity page on Alibaba.com lists detailed information of the suppliers, which they mention themselves. However there is a guarantee of its accuracy, but it can be used to assess the potential of prospective suppliers on Alibaba India.
Access to the Main Markets
A supplier’s profile with a high export percentage earns more preference comparatively. The suppliers who focus only on the domestic market have to face one or the other limitations. However, American and European suppliers need to be extra careful since not every supplier targets these markets. The ones who mainly focus on Russia, Africa, Latin America or Southeast Asia manufacture products that comply with European and American product standards – in terms of both quality level and legal standards.
The chance to fix a deal with big brands
Alibaba Gold Suppliers get opportunities to connect with the famous brand and most often they end being their main customers. The biggest brands out there have a strict supplier selection process. Gold membership enhances the credibility of the suppliers while lowering competition percentage for them.
Increased export percentage
Suppliers who focus primarily on exports deliver higher quality products in comparison to others. In addition, they have good knowledge of product certification standards prevalent in America and Europe. This further enhances their expert percentage. Suppliers can better upgrade their business on connecting with an Alibaba India Partner. The professionals have good knowledge of the Alibaba’s Gold Supplier Membership; hence can guide the manufacturers/suppliers in a better way.
Payment Currency and Payment Type
Most the suppliers prefer dealing in EUR or USD, but only the latter is relevant for European and American importers. All the Alibaba Gold Suppliers have valid and legal registrations. Hence they can receive Telegraphic Transfer payments in their bank account. However, this one of the most common Payment Types, but the suppliers also have the option of accepting Letter of Credit for the small orders (valuing less than US$30,000). Western Union payment is yet another option of accepting payments, but it comes with a limitation. The suppliers can’t track their money with Western Union transfers.
Minimum Order Value
The gold members tend to fix the Minimum Order Quantity and not the Minimum Order Value Requirement. Doing so is much more beneficial for them.
The Final Say
Alibaba Gold Membership comes with certain rules and guidelines. However, potential suppliers/manufacturers can get things done on their own, but in order to get the best out of Gold membership its best to seek the help of an expert. Alibaba Channel partners have extensive knowledge of this scheme. Hence, they can help in making the right choices concerning membership.
Created on Oct 29th 2018 08:23. Viewed 78 times.