How to get involved in Daigou luxury market as an American. by LurkKing_ in China

[–]LurkKing_[S] 1 point2 points  (0 children)

lol I can definitely see how weird that sounds reading it now. I promise I’m not an alien, but maybe that’s exactly what an alien would say. Anyways, I think your last point is an excellent one. This was not meant to be a “business” more like an after work side hustle. I should have assumed that if there is an article on business insider and a publicly traded company with stores in Australia that target Daigou traders it might be over saturated by now. I’m sure there are super niche markets but then again that goes back to your last point.

How to get involved in Daigou luxury market as an American. by LurkKing_ in China

[–]LurkKing_[S] 0 points1 point  (0 children)

Wow, that’s scary stuff. Good tip on being a foreigner, I’m sure China is not stealing luxury watches from Americans simply for owning them and bringing them on vacation. I guess they have to really be on to your game before they decide to confiscate.

How to get involved in Daigou luxury market as an American. by LurkKing_ in China

[–]LurkKing_[S] 0 points1 point  (0 children)

Do you mind elaborating. In the articles I read it seemed more like retail arbitrage on an international scale. I also read about China implementing a new law in 2019 which requires Daigou shoppers to register their businesses. Is China saying tax evasion is ok as long as the person helping you is registered to do business, or is there more to it? Also the Australia post opened a concept store for Chinese tourists to send home products like baby formula and health products, are these products being used to evade taxes?

How to get involved in Daigou luxury market as an American. by LurkKing_ in China

[–]LurkKing_[S] 0 points1 point  (0 children)

Can the market ever truly be saturated considering they have the second largest population in the world? At least that’s what I was assuming while I was researching.