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Jewelry Basic Information

1-8. Should I buy accessories at Dongdaemun Sinsang Market/linkShops?

by 헤이도매 2023. 1. 25.
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Should I Buy accessories at Dongdaemun Sinsang Market/link Shops?

 



First of all, there are "Sinsang Market" and "LinkShops" on Dongdaemun Fashion B2B Platform.

 

 As I explained at first, there is a difference between Dongdaemun wholesale Market and Namdaemun wholesale Market. When I dont have an understanding of the market, I feel like I have to go to Dongdaemun Market and use Dongdaemun Fashion Platform.

 

First of all, let's sort out the fashion jewelry wholesalers in "Sinsang Market" and "Link Shops."

 

1) Wholesale company bought at Namdaemun and sold with margin

They are not actual producers because they are targeted at Chinese or Japanese vendors or buyers. Shall we call it a wholesale select shop not wholesalers? 

 

Since They can sell small quantities of various kinds to Chinese or Japanese buyers anyway, They are also selling them with a margin of 20-50% more at Namdaemun price. So it's not really wholesale.

 

NxxNxx, Yellxxxxxx, Edxxx, 19xxx, Rexxx... that foreign buyers are familiar with. Most of their products are purchased from Namdaemun. Perhaps because it's a bit of a brand-like approach, many foreign buyers think that they produce all their designs on their own.

 

2) Namdaemun Wholesale Company - "Sinsang Market"

In fact, Namdaemun wholesalers are located. "Sinsang Market" is open to wholesalers in Dongdaemun and Namdaemun. Simply, there are some Namdaemun wholesalers in the "Shinsang Market," which also has a way of mediating direct transactions between wholesalers and retailers. It is classified as Namdaemun Market in "Shinsang Market". 

 

There are mainly some silver companies in Namdaemun. General wholesalers in Namdaemun do not joinn "Sinsang Market" very often. Design exposure and price exposure are sometimes burdensome, but Namdaemun wholesalers supply products to Dongdaemun companies, so they are reluctant to deal with each other due to possible friction.

 

3) Extremely some, direct producers

In fact, it makes no sense for wholesalers to produce their own products and sell them only in Dongdaemun. Namdaemun Market is the main market for fashion jewelry and accessories, 

but you can't help but sell them at Namdaemun Market. However, there are very few Namdaemun wholesalers that open their own stores in Dongdaemun Market.

 

However, there are many cases where Namdaemun wholesalers have failed after opening stores in Dongdaemun market, so it is very rare for manufacturers to operate Namdaemun and Dongdaemun stores at the same time. Or you can bring and sell Namdaemun products and at the same time, you can also sell items that you make and bring from China.

 

Of course, clothing is the main item of Dongdaemun wholesale app "Sinsang Market." Accessory category only is a little part of them. 

However, if someone starts shopping malls or sales without visiting Namdaemun Accessory Shopping Center, I think it's a big wrong start in my standards.

 

If you have to use the Dongdaemun wholesale platform, Dongdaemun jewelry companies in the "Sinsang Market" have a strong concept of editing products from Namdaemun, so you just have to refer to what the latest design is. Because, of course, fashion jewelry starts with Namdaemun Wholesale Market, not a Dongdaemun Market.

 

 

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