Initial costs are required to open a store on T-mall

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Initial costs include a deposit and technical support fees.

● Deposit
The deposit is an amount used to insure customers in the event of damage.
The amount varies depending on the state of trademark registration and the type of store, and can range from 50,000 RMB, 100,000 RMB, or 150,000 RMB depending on whether the store is a store selling its own brand, a store specializing in selling one other company's brand, or a store selling products of two or more brands.

●Technical support costs
Technical support fees are mandatory, ranging from 30,000 to 60,000 yuan depending on the industry, but the support fee is refunded 50% if annual sales are 360,000 yuan, and 100% if annual sales are 1.2 million yuan.

● System fee
In addition, a system fee is charged depending on singapore mobile phone numbers database the sales amount of the product. The system fee is 0.5% to 5% of the sales amount of the product. For clothing, it is 5%, for cosmetics, 4%, for food, and 2% for electrical appliances.

●If you would like to know more about the initial costs, please refer here .



4. What is the current state of cross-border e-commerce in China?
When selling Japanese products in stores in China, customs duties, shipping fees, and other costs are added to the purchase price. When selling products through cross-border e-commerce, the purchase price is added to the postal tax and other costs. When comparing the product price when selling locally with the product price through cross-border e-commerce, it is possible to sell at a lower price through cross-border e-commerce than the local store price, although
this depends on the product. For this reason, over the past few years, an increasing number of Chinese consumers have been purchasing Japanese products on cross-border e-commerce sites.
Figure 1 shows the amount of purchases made by Chinese consumers from Japan between 2010 and 2014. As the figure shows, the amount of purchases has been increasing year by year, with the amount of purchases in 2014 reaching 606.4 billion yen, a large increase of 155% compared to the previous year.

Fig.01

Looking at what kinds of items are being purchased from Japan (Figure 2), food, beverages, and alcohol are the most common at 38.5%, followed by clothing and accessories at 32.9% and household appliances at 27.8%.
In China, spending money on everyday items is a status symbol, and purchases of precious metals, watches, and cosmetics in particular are likely to grow in the future.