Welcome to JingCheng Electronics Limited!
As everybody knows, China is really a big market and always well-known for good price(Yes, counterfeit in the past too, but changed a lot nowadays), since a large number of distributors here buy and trade more than 1/3 of the global semiconductor inventory…
Many traders buy from China then sell to local market.
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What most buyers considered when placing a first order may basicaly be price, quality and Terms.
— Price
Many experienced brokers can easily get the same best price for SURE! To us, it could be more easier.
Our price database recorded almost all the typical prices you can get on our market. Not only do we know, but also let you know the good prices directly and quickly!
We are one of the few companies that can provide and publicly this massive (30,000,000+) prices database(30 M is not enough? Do you know TBF and ICSource total daily RFQs is just around 2000-3000 items?…), espeially it’s a totally “market prices” database(Which is different with thoes famous authorized distributor websites like “digikey” and some those small qty retailing price websites, they has no much help for the open market).
Even if there is existence of some other similar prices database, it probably has very few prices listed(due to but not limited to RFQs or quotations that they can get), or it probably will not be made public easily too.
(Did you even see several sellers list all their prices with stock directly on TBF or IC Source or elsewhere in the whole past 25 years? Almost all sellers will quote but won’t list the prices in public, why?)
We are not trying to boast about how powerful and precious our price database is, as it free for you to use, we just want to tell it should be really helpful for you.
There are many buyers prefer to buy from someone who they called friend even when sometimes buyers received some better prices from others.
Yes, that’s true, and that’s good. We want to be a good friend too, to be a friend that can really help to get best prices for you, your company and your customers to save cost, and transparent prices.
At least, we CAN and did this while most of others can’t.
We realized very long time ago, with only good prices won’t enough to win the PO in most of the time. Price is important, but no longer the determining factor, Friendship and trust is.
That’s why We made these prices data public. To be transparent together with the prices. Trust is not easy, but won’t need to be that hard too.
We mean to change to earn from low well-earned service nowadays instead of earning a easily high price differentials. To be a service provider more than a seller.
Also as we belived, except the prices, our excellent QC service, Escrow service with low charge and sincereness… that’s what more you need to fullfill an order.
— Quality Control
That’s another advantage of ours.
We do can tell over 80% counterfeit by just one pair of eyes within few minutes.
Tell over 98% counterfeit with the support from the cooperated test house.
And our testing service normally is free, while most of testing houses charge not cheap fees.
We see more and more brokers list a test house related information on their website, but we do know some of them actually have no much QC ability at all.
It maybe easy to learn and copy from the internet, but mastering a skill requires long-term practice, many people actually has no much time or chance or need to research and practice the QC skills at all, except you selling or buying a lot of fakes.
For us, i’m sorry to tell our QC guys worked in the refurbish factory at before, but now they are our QC guards, and QC experience is nearly 20 years till now, besides, we kept a really good relationship with the cooperated test house, it enable us to support you with a free formal testing service.
Together with the price database, Our supplier management system helps us a lot to label the reliable suppliers and their stong line card, which apply to ensure right stock, good prices and quality too.
— Terms
We support 1 year Warranty, and good terms for long term relationship or known customers too.
Regarding Net term, to most buyers, it should have been mostly used as helping to avoid wrong or fake parts and ensure the safety of your payment. Our Escrow & QC service is right to help you against it. Or if you still don’t feel at ease, we won’t mind you adding one more ICsource or HKIN Escrow, it won’t charge much as well. Our price plus all your cost can be still very competitive, as while most other sellers require at least 10% profit.
Right, we had planned not to talk much about it. Some buyers ask NET term(even during the very first time talking) as just thinking they gain only advantages of it, but actually NET term is charging you!!! Maybe you will say all your suppliers give you NET term and didn’t charge you at all. No, they charge you more or less from the price and no need to name it.
Imagine if it were you, you won’t wish to get any returns from risks and funds (which you have to prepay) ? If NET term brings no any profit but risks EVERY time, you both will really treat each other as real friends or long term partners? Then thus, you will still gain the most from the relationship? Or maybe only NET term will make some buyers feel more safe, double Escrow with low cost still can not satisfy them…
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Buyers get accustomed to purchasing from 1 or 2 fixed suppliers, maybe because do not want to spend time to try new suppliers, or maybe tried and hurt, or just didn’t find a better one.