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How to calculate the price of the products in 1688 to your currency?
As in the image above, the price of the bag is between the range of ¥37 - ¥39. Price is dependent on the minimum order quantity (MOQ).
MOQ simply means the least quantity of a particular product one can buy. Since the least moq for this bag is 3 - 39, it means you can only buy from 3 quantities up. The higher the quantity, the lower the price. Please forget about the month attached to the bulk batch.
If you would be using agents to pay for your order then their standard rates for Yuan ( ¥ ) is between ₦52 - ₦54. It varies every day as the exchange rate fluctuates.
Let’s assume that you want to buy 3 pieces of this bag, it will cost you ¥39 x 3bags = ¥117. If ¥1 is equal to ₦65, the cost of the bags will be ¥117 x ₦65 = ₦7605. This means that each bag costs ₦2535.
How to place an order on 1688.com?
There are two options to place an order on 1688.com. It is either to place the order directly on the 1688 website or use an agent.
Placing orders on the 1688.com website
If you successfully register on 1688, then you need to have a good understanding of Chinese characters and a verified Alipay account.
Having a good knowledge of Chinese characters means that you will be able to understand every field during checkout.
These fields include identifying provinces, cities, and districts in China. Sometimes, your translator may fail to translate those fields. That is where you use your instinct.
Provinces, city and districts are what your shipping company will provide for you. Just like delivering to a customer in Lagos, a seller needs the customer’s state, town, and possibly region in Lagos.
Placing orders on 1688.com using agents
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