From Startup to Success: How 168 Online Supports Filipino Entrepreneurs
From Startup to Success: How 168 Online Supports Filipino Entrepreneurs
From Startup to Success: How 168 Online Supports Filipino Entrepreneurs Are you wondering how 168 Online started and how it is the go-to choice for many start-up business owners in the Philippines? In 2020, 168 Online emerged from a keen observation of business owners in the Philippines and founded itself. Many small business owners or start-ups struggle to be content with modest profits. For example, a large company or the wealthiest individuals tend to accumulate wealth daily. Are you wondering why? And how could it be?
A large company might sell a product directly to a manufacturer or warehouse, and they get it for ₱500 and sell it for ₱1,000 to its distributors, while smaller sellers might purchase it for ₱2,000, resulting in a loss of ₱1500 per item. This markup slows down the income flow of start-up business owners or small owners who struggle to grow and make their income.
How does 168 Online address this problem?
The 168 Online platform is designed to assist small and startup business owners in maximizing their profits. 168 Online offers a wide range of products similar to Alibaba that came from different suppliers from China, including home appliances, electronics, skincare, and more. The company offers products at reasonable prices, charges minimal shipping fees, offers reliable delivery services, and most products don't require a minimum order quantity.
Unlike other e-commerce platforms, you still need to find a freight forwarder to import your orders or packages to the Philippines, but in 168 Online, you no longer need to worry about finding one because 168 Online handles it all for you. Simply place your order and expect shipments within 3–7 days, depending on the cargo you choose. What to expect if you are browsing the 168 online websites? There's a lot of products that are not yet available in the Philippines. This offers a thrilling chance for a small business owner to import distinctive items and establish themselves as one of the initial providers of these novel products in the marketplace. Your earnings will surpass those of other large business owners, as you will have direct access to China's warehouses and manufacturers, who provide more affordable and cheaper prices than a Philippine supplier. There's no middleman and no markup to the prices.
In conclusion, 168 Online aims to support the growth of Filipino business owners by offering a variety of products at competitive prices, coupled with practical and effective shipping solutions. It’s not just about buying and selling; it’s about unlocking the potential for higher earnings with minimal investment for all startup business owners, even aspiring ones.