FAQ
Check out frequently asked questions
about Buying Square services.
-
What kind of services are offered by Buying Square?
It is a luxury B2B direct purchase service that provides global local luxury brands as a wholesaler by sourcing genuine brands from 90 local partners in 40 countries.
Only regular members screened and approved by the head office can order all linesheets of global luxury brands we handle after signing up for membership.
-
What brands can we order?
Buying Square currently handles around 3,000 brands, and only the line sheets that are available for order in real-time are displayed when searching for a specific brand in the search bar.
Only linesheets that can be ordered in real-time will be exposed if you search for the relevant brand in the search bar.
In addition, if you click on the "Brands" menu, you can separately view the list of brands that Buying Square can source.
You can view the brands that can be ordered in real time immediately by checking the order availability in the 'linesheet' and 'Offer' menus. -
How to prove genuine goods?
We provide customers with verified products by establishing partnership contracts with proven suppliers or vendors.
We collaborate with large retail and e-commerce companies to offer these products.
If you need a proof of authenticity document, you can inquire with your dedicated manager before submitting an order.
After confirming the possibility, the brand's headquarters can provide an invoice upon request. -
What are the terms of the transaction?
The trade term are classifed into two categories: EXW and DDP.
EXW (Ex Works) is an overseas transaction term in which the buyer pays only the product price and has the logistics cost and other duty and value-added taxes.
After the invoice is issued, if you pay in the local currency,
Buying Square will coordinate with the forwarder and local partners chosen by the buyer to arrange for the pickup of the goods.
DDP (Delivered Duty Paid) is a domestic trade term where the buyer pays Buying Square an amount that includes all costs associated with importing the goods,
including the product price, logistics costs, and customs duties/taxes.
A tax invoice including 10% VAT will be issued, and Buying Square will conduct all processes about shipping and delivery. -
How much is the minimum order amount?
You can check order rule information in detail on each linesheet, including the minimum order amount (MOA).
The minimum order amount differs for each brand and linesheet and generally starts at a minimum of USD 10,000.
If you join the Buying Square platform and become a regular member, you can check each brand's current ongoing linesheet.
1:1 inquiries
If you cannot find the answer you are looking for,
please leave your inquiry on the 1:1 inquiry page.