Group purchases help SMEs reduce costs and compete with large chains
Many small businesses do not meet the minimum order quantities to operate as wholesalers. This, combined with the obligation to pay VAT on all imports regardless of their price, which will come into force in 2017, means that the price difference between goods manufactured in China and those made in the European Union will be balanced in many cases.
Group buying, the solution to import at the price of large chains
The complexity of customs and tax procedures for SMEs is a significant barrier to importing products. Group buying is the ideal solution for small businesses to significantly reduce both unit prices and import costs.
Group purchases allow SMEs to significantly improve their purchasing conditions and compete with large chains. Group imports are organized by coordinating the parties and negotiating customization options for each company. At Bull Importer, we have developed a management protocol and specific software to facilitate group buying.
Price and cost reductions become significant with at least three participants. Bull Importer manages the creation of the buying group and starts the process without complications. The buying groups we work with typically acquire a wide range of products, from sunglasses to furniture.
This solution is suitable not only for small businesses that want to sell the goods in their stores but also for associations, schools, hotels, or companies that use uniforms for their employees.
The group import process
Bull Importer manages group purchases for its clients, handling all the necessary procedures for a smooth and compliant operation.
- Locating products or suppliers
- Negotiating the best price for the group purchase operation
- Cost assessment: taxes, transportation, procedures, and tariffs
- Group or individual invoicing, in euros and completely transparent
