What is FocalPrice? FocalPrice Review

Founder Introduction

Li Peiliang, born in 1987, is the founder and CEO of Shenzhen Chiang Technology Co., Ltd.

In 2005, he dropped out of college in his sophomore year and went to Shenzhen to start a business. At the age of 19, he opened a store on eBay and has been focusing on the 3C foreign trade e-commerce field.

Three years after FocalPrice.com was founded in 2008, it has become a leader in the industry.

introduce

FocalPrice has no Chinese name, but its English name means Focus on Price. Focalprice mainly deals in 3C electronic products, with about 50,000 products online, mostly accessories, home furnishings, games and other peripheral products. The market is mainly concentrated in South America, North America and Europe, with annual sales of about tens of millions of US dollars.

Revenue

By the end of 2008, monthly income had reached two or three hundred thousand US dollars.

In 2009, it grew to $1 million/month.

Reached US$2 million/month by the end of 2010.

develop

On July 28, 2011, a smartphone priced at $156.43 was launched on FocalPrice. This is FocalPrice's own brand symbol - MixWall.

In October 2013, the foreign trade B2C e-commerce website Focalprice launched the “Daily+Deal” channel, offering four selected products at limited-time discounts every day.

In December 2013, Focalprice, an e-commerce company specializing in 3C digital electronic products, launched WSdeal, a wholesale channel for B-side users, which may start a comprehensive 2C e-commerce model.

In February 2014, FocalPrice also began to try out flash sales, launching two-day flash sales each time. FocalPrice has launched three rounds of flash sales so far, with each round offering more than 20 products with discounts up to 50%. The products include tablets, mobile phones, watches, mobile phone accessories, small appliances, etc., with prices ranging from US$0.99 to US$149.99 per item.

About WSdeal

Main Products

The products provided by WSdeal are similar to the main products of Focalprice, mainly 3C. Its product category list is divided into iPhone accessories, iPad accessories, Samsung accessories, mobile phones, tablets, mass electronic products, etc. Among them, iPhone accessories and mass electronic products have the most SKUs.

Market coverage

Focalprice's wholesale products can be shipped to nearly 200 countries and regions around the world. Logistics transportation methods include China Post, Hong Kong Post, Singapore Post, DHL, FedEx, China EMS and Hong Kong EMS, and payment methods mainly include PayPal and Western Union.

price

WSdeal's products have great price advantages, and the larger the purchase volume, the lower the unit price. For example, for an iPhone 5 headset, the unit price is $1.86 if the purchase volume is less than 20, $1.81 if the purchase volume is 20-49, $1.76 if the purchase volume is 50-199, and $1.72 if the purchase volume is 200-499. The inventory of each SKU is about 300-500, and products exceeding the inventory must be pre-ordered in advance.