What is E-Shop ? Why E-shop
?
E-Shop is our way of keeping customers abreast of the latest products
we have to offer. We are so excited when new patterns arrive that we want
to let everyone know about them! As our hottest new products arrive, we
post a new "E-Shop" page on the website and immediately send all
participants an email announcement.
For the convenience of our E-Shoppers, orders can be place online 24hrs.
Click to see our Real and demo Eshop :
Sinomax or
Tops Eshop
Comparison between Traditional Retail store
and Eshop
| |
Retail Store / supermarket (12hrs) |
eshop (24hrs) |
| 1. Shop Rental |
Very high, HK$20000~HK$50000 |
in arround HK$1280 ~ HK$1800 |
| 2. Labour cost |
Salary HK$7,000 and up /each sales person |
no extra |
| 3. Running cost (electricity cost, air condition,
lighting, maintenance, water supply ... ) |
Normal to high |
very minimum |
| 4. Transportation |
cost from warehouse to retail outlets |
cost from warehouse to customers |
| 5. Turn over /sales volume |
High, traditional trend |
low, trend to grow up |
| 6. Payment withholding period |
60~90 days from Department store A/C to your
A/C |
30 days from Credit card company to your A/C |
| 7. Actually Account receivable rate |
20%~30% service charge from Department store
i.e. for HK$10000 sales volume, You can only get HK$7,000 nett from
department store. |
4% from credit card company ONLY i.e.
HK$10000 sales volume, You can get HK$9600.- nett from Banker
|
| 8. Products fulfillments |
multi-locations fulfillments required. 1~2 full
time staff may required |
single location (same as Karrex warehouse) , NO
extra labour cost ! |
| 9. Products stolen rate |
5% of sales volume |
0% of sales volume |
| 10. Credit card |
Visa, Master, Diner |
same |
| 11. Delivery |
no need |
required, but can charge clients $5~$20 each
order |
| 12. Target oversea clients |
no, target local customers only |
easy to target everywhere |
| 13. Products / CD title search |
no |
easy |
| 14. On line catalog for buyer |
no |
easy |
| 15. Insurance (labour, products) |
Yes |
no extra |
| 16. Stock take |
multi-locations stock take required |
single location (same as your warehouse) |
| 17. Company image |
good image |
plus modern image |
| 18. Products / Packaging damaging rate |
very high,
because customer will take the product a look, after few weeks the
products may be look old and should be replaced with new packing or cover. |
No package damage will be caused. Customer
will only see the products image and CD title detail thru eshop, no need to
touch the real products |
| 19. Stock level VS sales
volume |
High stock level can get High sales volume.
You need to place a physical products in EVERY sales outlet.
If you have 200 sales outlet points, Karrex need to have at least 200
same title CD placed at each outlet, otherwise no sales activity will be
occurred
Stock QTY level always need to higher than sales QTY level.
No stock no sales ! |
low stock level or "no stock level"
You only need to keep a very minimum stock for eshop.
Once your company get the order from customer, You still have to time to
prepare for delivery.
No dead products
|
| 20. Customers database |
not easy to have loyal customers database even run
business for 10 years |
customer database will always be updated and
accumulated by default customer registration are the default feature of eshop
solution |
| 21. Products Promotion and seasoning discount. |
Yes, but need to follow the rules from
department store, not very flexible |
very flexible after input a discount rate. |
| 22. Sales tax free in HK |
tax free if transaction
occurred in HK |
same |
| 24. Oversea VAT /GST sales taxation planning |
not very possible |
easy deploy taxation planning.
i.e. Off-shore retail transactionsif sales transactions occurred in
HK, no sales tax VAT/GST need to be calculated, no matter the what's
destination of delivery.
Very good position for merchant to target GST/VAT country.
|
