Chinese Students Selling Australian Products in China Enjoy High Revenues
Jenia Cane | | Jul 04, 2016 02:50 AM EDT |
(Photo : Don Arnold/Getty Images) Lou Lu from China and Karen Zhang from Sydney check out merchandise inside the Myer city store during the Boxing Day sales on Dec. 26, 2015 in Sydney, Australia.
Selling Australian products to people in China has become a lucrative business for Chinese students who are studying in the Land Down Under.
An example is Carol Lin, 25, who arrived in Sydney in July last year as a Chinese international student and is now studying English at an ELS language centre.
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And what has made her stay in the country amazing aside from its fantastic tourist spots?
She now earns up to $3,000 a week by selling Blackmores and baby formula to her people back in China.
To be clear, the business of selling Australian health products to China isn't a novel undertaking.
But for many international students from the mainland like Carol, it's a fairly easy way to earn some extra cash while gaining an education in Australia.
And correction, please. This business has enabled them to earn quite a sum.
Carol's game plan? Planning. Lots of it.
She related that before coming to Australia, she had already researched the market and found that selling Australian health products to China through WeChat was a lucrative business.
Also, many of her Chinese friends studying in the country had already set up their own online shop on the messaging platform.
Most of them were sourcing well-known Australian goods such as a2 Platinum Formula and Bellamy's Organic for friends and family back in their hometown.
The huge success of this business model has been spurred by, one, counterfeit products and fake Australian brands being sold in China, and two, the increasing number of Chinese international students in Australia who have tapped into this demand for high quality health goods.
However, what makes this type of online business worrisome is that they operate operate as an unregistered entity without paying taxes.
But the ones running these thriving online shops don't seem to mind the risks, as they have the potential to reap in an insane amount of money.
n a good week, Lin could earn as much $2,000 to $3,000 - a far cry from the $23 an hour wage that regular university students in Australia earn, and has enabled her to make a strong case that selling Australian products to China is a winning proposition.
TagsSelling Australian Products to China, Australian Brands in China, Blackmores and Baby Fomula in China
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