why not get a UK seller and have them come over with equipment and then resell etc or come over with van loads of equipment set up shop in UK job done and can get more customers and be happy.
Because its much slower than sending directly to customers, more expensive than sending directly to customers, increases stock holding (unless you want premining) and generally doesn't help.
Exactly, I don't see why people think that the UK seller won't have to pay all those fees to get the stock into the country in the first place, and then pass them on to the customer with an additional markup.
You can not see the argument because you / your arguments are narrow-minded.
If bitmain decided to hold stock in the UK (even EU), they'd DEFINITELY get a better per unit shipping rate (when they ship in bulk to the EU) which can constitute their mark-up to cover their overheads; I argue that it would be enough to even book a real profit NOTWITHSTANDING that the actual price to the customer will not be increased.
It is up to bitmain to identify their best "locality" in Europe (UK, Germany, France etc) such that postage in that "locality" will be even lower than the other outer reaches of the EC. They'd be a tax collecting point and effectively reduce the time it takes their customers to get their orders.
To argue that it takes longer to ship within the EU than it is from China to the EU is, in the light of day, as counter-intuitive as it is ignorant. All it takes is planning ahead.
By the way, the same argument could hold true for the Americas, but I will not argue their case for them.
You are naive if you think this.
Its actually likely that it would take longer getting stock to customers this way and would also end up costing more to customers.
Factors that would affect this:
- No matter if you bulk ship or ship individual items you still have to pay VAT to get items into the EU
- Once in the EU you are legally obliged to sell those items with VAT on top so the customer still has to pay
- Cost of setting up the company in the EU is not unsubstantial
- Staff costs WAY more expensive in EU than in China
- Building, warehousing and storage costs WAY more expensive in EU than in China
- Legal, insurance, accountants etc requirements of running business WAY more expensive than in China
And that's just off the top of my head.
Best case scenario, you end up paying the same as you would buying it direct, a more likely one is that you would end up paying more.