Region’s largest wholesale hub opens in Bangkok’s Pratunam

[webfact]

Region’s largest wholesale hub opens in Bangkok’s Pratunam

By The Nation

 

 

Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok.

 

 

The AEC Trade Center – Pantip Wholesale Destination will link Thai businesses with domestic and international partners, helping boost the economic recovery.

 

Housed in the old Pantip Plaza tech mall, the new trade hub is designed to meet all the needs of buyers and sellers under one roof.

 

 

AWC has established marketing strategies by collaborating with the Commerce Ministry’s Department of International Trade Promotion, the Board of Trade, 11 trade associations, the Federation of Thai Industries, and Yiwu, or the Zhejiang China Commodities City Group (CCC Group). CCC Group is a Chinese state-owned enterprise that develops and manages the world’s largest wholesale market for miscellaneous goods from Yiwu, China.

 

“Through this, we are encouraging Thai entrepreneurs to join hands with both public and private sectors alongside Yiwu to stimulate the local economy and establish Thailand as the largest wholesale destination in the region,” said Wallapa Trisorat, CEO and president of Asset World Corp.

 

 

The hub’s Yiwu Selection Thailand Showcase will offer products from China at wholesale prices for Thai buyers. Meanwhile, the IC Mall will showcase Thai manufacturers’ products for export to China via both offline and online channels, including platforms such as Tmall.com, JD.com, Alibaba.com, Koala.com, and the IC_Mall Wechat Application.

 

The wholesale hub comes equipped with a Solution Service Centre (SSC) that provides consultation services for import and export businesses, including business matching.

 

More than 400 wholesale shops will offer more than 50,000 products in 18 categories covering all types of goods, from clothing, furniture, and IT gadgets to household items, office supplies, food and beverage, toys and games, processed foods and fruits, cosmetics, and more.

 

 

Until December 6, customers can win free iPhone 12s and free stays at a luxury AWC affiliated hotel, in a lucky draw with prizes worth more than Bt10 million.

 

Entrepreneurs interested booking retail space can contact (02) 254 9797 or 081 805 7247. More details at Line: @aecpantip or Facebook: @aecpantip.

 

Source: https://www.nationthailand.com/business/30398822

 

-- © Copyright The Nation Thailand 2020-12-01

 

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[wotsdermatter]

42 minutes ago, webfact said:

The hub’s Yiwu Selection Thailand Showcase will offer products from China at wholesale prices for Thai buyers.

You may have to read this a couple of times to know that the wholesale prices mentioned are just for Thai buyers.  So, does that mean the old double pricing never went away?

'nuf sed

[impulse]

1 hour ago, wotsdermatter said:

You may have to read this a couple of times to know that the wholesale prices mentioned are just for Thai buyers.  So, does that mean the old double pricing never went away?

'nuf sed

 

Of course there's going to be dual pricing.  One price for people who know how to negotiate, and another for those who don't.

 

The good news is that we each get to decide which group we're in.

 

OTOH, it's a wholesale market and I imagine there will be MOQ's for the best pricing.

 

[ezzra]

That's what Thailand needs right now, more rubbish inferior copy products from China, as if there isn't enough of it already...

Edited November 30, 2020 by ezzra

[OneMoreFarang]

This article should be in the IT section. 

No more computer shops in Pantip Plaza anymore.

 

[Dagfinnur Traustason]

4 hours ago, wotsdermatter said:

You may have to read this a couple of times to know that the wholesale prices mentioned are just for Thai buyers.  So, does that mean the old double pricing never went away?

'nuf sed

What is ´nuf sed? Just a popular expression you needed to use?

Are you aware of that they are giving information about a wholesale market catering to both domestic and international trade? Or maybe you just missed that in your eager search for sounding hip and modern?

The price set for each trade is up to two parts and the negotiations that goes on before the deal is sealed. I will wary very much between Thai buyers as well as foreign traders depending on their ability to negotiate.

 

Anyway, I am very glad to hear that you never taken a step in life towards trading or been involved in any kind of negotioations. That must make your life so much easier.

[Enzian]

That picture of imported cheese products doesn't look very Chinese.

[TooBigToFit]

About five years ago they opened a massive complex on the border of Prathumthani and Phra Nakhon Si Ayutthaya as an AEC Trade Center. The complex is about 700 meters long  and has at least three huge shopping mall-like buildings. Well, it's empty now. I wonder where the money for that came from. It must have coast billions to build and pretty much no one knows of it. Not one of the buildings actually filled even a quarter full from what I saw.

 

 

[H1w4yR1da]

4 hours ago, impulse said:

 

Of course there's going to be dual pricing.  One price for people who know how to negotiate, and another for those who don't.

 

The good news is that we each get to decide which group we're in.

 

OTOH, it's a wholesale market and I imagine there will be MOQ's for the best pricing.

 

The article mentioned "for Thai buyers". Said nothing about being able to negotiate. You can't decide to be in the Thai group.

[unblocktheplanet]

On 12/1/2020 at 6:20 AM, OneMoreFarang said:

This article should be in the IT section. 

No more computer shops in Pantip Plaza anymore.

 

And that is truly a bummer! I loved rooting around in Pantip Computer City. Fortune Town has no character.