GROUP BUYING

As you know, Amazon usually charges merchants a 15% commission, 10-25% advertising fees, as well as storage fees, logistics and delivery fees, return and order processing fees, and so on. The cost of the product itself accounts for a much lower proportion of the price than we imagine. However, I think it is unreasonable to add these costs to consumers.

 According to Elon Musk's First Principles Thinking, consumers just want to buy a product, and they only need to pay for the actual value of the product itself, such as materials and craftsmanship. As a merchant, they also need to consider the cost of stocking, shipping fees, tariffs, and so on. Is there a way to save consumers' actual payment costs, but it can also make merchants pay for the actual value of the product in this process? Getting good benefits is a question I have been thinking about.

Because Amazon is a great platform with huge traffic, as a boutique mall focused on the deep sleep section, we lack traffic. We have even discussed the issue of minimum order quantity for a long time. Generally speaking, if a roll of fabric is 250 meters long and an 8-meter set of fabric is needed, about 30 sets are needed. Below this quantity, cutting workers are unwilling to cut and sewing workers are unwilling to sew. Moreover, each fabric has many colors, which requires a large inventory. The key is that we don't know when we can consume all these fabrics.

So, we attach great importance to group buying. Only when there are more people participating in group buying can the fabric we prepare be processed faster. We also prepare discounts for friends who are willing to participate in group buying. As time goes by, the more people participate, the lower the discount.

To save time, we default to air freight, and a 6-pound bedding set costs $40 for shipping alone.In addition to tariffs, our first goal is to use the incremental profits from group buying to subsidize users' shipping costs.

Regarding details of group buying, you may send us an email for consultation (Email: info@cozhom.com ）