black blue and yellow textile

Alibaba.com

Alibaba.com is a platform that connects millions of companies worldwide - companies from over 200 countries with more than 50 million active buyers and support for 19 languages - by creating a digital marketplace where businesses can meet, communicate, and exchange goods, services, or information.

THE WORLD’S LEADING DIGITAL ECOSYSTEM IN THE B2B SECTOR

Markets are increasingly competitive

It’s hard to stand out among millions of sellers unless you turn disadvantages into advantages

This is what PS24 focuses on every single day

Buyers

a man riding a skateboard down the side of a ramp
a man riding a skateboard down the side of a ramp
black blue and yellow textile
black blue and yellow textile
Account & Store Setup

Sellers must create an account and can opt for a free account with limitations (e.g., a maximum of 50 products) or a paid "Gold Supplier" account for advanced features, increased visibility, and an unlimited number of products.

Search & Contact

Buyers can search for products or suppliers through specific categories. Once a product or supplier of interest is found, they can send inquiries, negotiate prices, discuss product specifications, customizations (such as adding branding), and shipping details.

Sellers

Request for Quotation (RFQ)

The "Request for Quotation" (RFQ) feature can be used where buyers post their requirements, and suppliers submit their proposals.

Product Posting

Products can be published individually or in bulk, with smart AI-powered tools that help optimize listings.

Minimum Order Quantity (MOQ)

As a wholesale platform, most transactions involve minimum order quantities. However, it is sometimes possible to purchase single items or samples.

Customer Management

The platform allows sellers can communicate directly with buyers and access potential buyer data to cultivate stronger business relationships.

Payment Options and Security

Alibaba.com offers various payment options, including Trade Assurance and bank transfers. Trade Assurance is particularly recommended as it provides extra protection for purchases. The platform advises paying attention to "Verified Suppliers" or "Gold Suppliers" for greater security.

Benefits and Drawbacks of Using Alibaba.com

a man riding a skateboard down the side of a ramp
a man riding a skateboard down the side of a ramp
a man riding a skateboard down a street next to tall buildings
a man riding a skateboard down a street next to tall buildings
Global Reach

Access to a vast international market with millions of buyers and suppliers from every corner of the world, offering significant expansion opportunities.

Advantages

Disadvantages

Risk of Scams and Counterfeits

Despite the platform's efforts to ensure security, there is a risk of encountering fraudulent suppliers or counterfeit products. It is crucial to exercise due diligence and sometimes use third-party verification or inspection services.

Competitive Production Costs

Suppliers, many of whom are Asian, often offer lower production costs, which can translate into higher profit margins for buyers.

Language and Cultural Barriers

The platform operators are worldwide, and although the site is multilingual, automatic translations may not always be perfect, potentially leading to misunderstandings.

Wide Range of Products

An extremely broad selection of products across multiple categories, allowing you to find almost any type of merchandise needed.

Long Shipping Times

Due to distances and production times, deliveries can take several weeks or even months, especially for customized orders or sea freight.

Flexibility and Customization

Ability to negotiate directly with manufacturers for prices, quantities, and product customization with your own brand.

High Minimum Order Quantities

The wholesale nature of the platform often implies high MOQs, making it less suitable for small quantity purchases or individuals.

Buyer Protection

Features like Trade Assurance offer enhanced security for transactions, protecting purchases.

Off-Platform Transactions

In some cases, final negotiations and transactions may occur outside of Alibaba.com, which could entail greater risks if protection tools like Trade Assurance are not used.

SME Support

Alibaba.com is a valuable tool for small and medium-sized enterprises looking to internationalize and reach markets that are otherwise difficult to access.

Costs for Sellers

To access all features and gain visibility, sellers often need to subscribe to paid memberships or purchase additional services.

Advanced Digital Tools

Offers technological infrastructure, such as Alibaba.com's logistics, and AI-powered tools to optimize product listings.

Quality Control

Ensuring consistent quality for large orders requires careful verification, sometimes with the help of external inspections.