AUK

0.00%

0.6¢ aumake limited.

Ann: AuMake Develops New UAF Certified Honey Brand, page-21

First 21 Last

Share
Profile

Follow
American

15 Posts.

9

04/04/18

05:44

Post #: 32199307
Share
Originally posted by American ↑

All the retail stores are selling it at similar prices and something that we are forgetting is that Aumake is a daigou who have just incorporated themselves, they sell products that Chinese people want and then easily ship it to them without the shoppers having to worry about scam and frauds. They've expanded their target audience to tourists and daigou's and allow suppliers to offer their products at wholesale price if they make orders large enough hence why a daigous hub was opened to get the word out on their services and to make it easier for suppliers to do this. I have verified this by contacting them myself. Additionally, by opening more stores (one is being opened this month and another in Burwood later this year!) they'll be able to buy in larger bulk amount to offer a more competitive price than Woolworths and Chemist warehouse

Also, I did some searching on the internet and they're is a website called daigousales.com that allows suppliers to advertise on their website and wechat but they charge a ridiculous amount. Here's the website: https://www.daigousales.com/faq/

A$ 550 eStore setup fee. This includes up to 20 SKUs

A$ 360 per month or $299 per month (if taken on a yearly basis) for eStore management, customer service (pre/post sales), Warehousing (1 pallet) and Service use fee.

We deduct 2.5% from each transaction.

We can provide product translation services but this is additional cost

So if these guys are charging this much I bet Aumake is capable of doing the same or better with their daigou hub.
All IMHO DYOR GLATH

Expand

SO SORRY didn't correct this info when I edited my post but:
***Not sure if other suppliers sell their products at wholesale but I verified that Aumake sell's their product that they made acquisition on (health essence, honey) at wholesale if buyer makes large enough purchase.
cheers!
AU8 Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

ASX Market Open: ASX200 to rise for Friday session | July 26

First 21 Last

Add AUK (ASX) to my watchlist

(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $11.48M

Open	High	Low	Value	Volume
0.7¢	0.7¢	0.6¢	$56.66K	8.547M

Buyers (Bids)

No.	Vol.	Price($)
24	33856746	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	11143543	10

View Market Depth

No.	Vol.	Price($)
23	33700432	0.006
15	11190475	0.005
8	4178000	0.004
8	6642498	0.003
20	28160644	0.002

Price($)	Vol.	No.
0.007	7832576	8
0.008	3600000	2
0.009	11717257	14
0.010	8897828	14
0.011	412000	1

Last trade - 16.10pm 26/07/2024 (20 minute delay)

AUK (ASX) Chart

Ann: AuMake Develops New UAF Certified Honey Brand, page-21

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

ASX Market Open: ASX200 to rise for Friday session | July 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: AuMake Develops New UAF Certified Honey Brand, page-21

Top Stories

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

ASX Market Open: ASX200 to rise for Friday session | July 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News