Comparison: BizHubMall vs Warehouse Malls

The table below shows the differences between the Central BizHub Malls (CBM) and “warehouse” malls like Shopify, Takealot, Amazon, Alibaba and eBay. The retailers that rent space in the BizHubMall are referred to as "Tenants".

Warehouse Malls Central BizHub Malls (CBM)
There are many warehouse malls around the world. There is currently only one Central BizHub online mall in South Africa, called Central BizHub Malls ZA.
Warehouse malls get all the brand recognition. Their vendors get very little or none at all. Warehouse mall customers do business with the mall, not it's tenants. BizHub Tenants get full brand recognition, their own private shop AND a public shop where they can list unlimited products for sale. Their unique shopfront, private shop, products and categories all have their own, unique URLs. Our Mall Tenants can interact and transact directly with their customers.
Vendors must send their goods to the warehouse mall's warehouse at their own expense and then pay them storage fees. Tenants keep their goods in their own shop or warehouse and incur no additional transport or storage costs.
Vendors can’t communicate directly with their customers and potential customers, except to answer complaints or to give refunds on returned goods. BizHub Tenants can write articles about their businesses in our blog, and they get their own Q&A forum to answer customers’ questions for everyone to read. We introduce them to our visitors when they register, and they can attend our weekly business networking meetings to get more leads.
Warehouse malls cut vendors’ margins to the bone so the mall can sell cheaper than their opposition. Tenants can sell at full mark-up and earn good profits. They can give discounts to people who subscribe to our Business Development Plan to encourage them to buy from their BizHub shops.
Vendors have to wait a long time to get paid when their goods are sold. Goods are bought and paid for immediately through our payment gateways.
Goods are mostly sent to buyers by post because of courier costs (in USD) and distances, eg: from China. Goods can take up to 8-12 weeks to arrive. Goods often don’t arrive at all, then the vendor must refund the customer. Tenants courier items to buyers. Courier deliveries are affordable because distances are local and courier companies are paid in Rands, not Dollars. Goods can arrive within a day or two, especially now that we have incorporated what3words into our system.
There is no personal interaction between vendors and customers, because customers don’t know who the suppliers are, and very little information is available about products apart from their descriptions. Tenants and customers can communicate with each other directly through a number of media options, like blogs & forums on our web site, phone, messaging, email, sms, Whatsapp, Skype, Messenger, Facebook, etc.
Vendors don’t get an opportunity to business network, receive and give leads, and generally enjoy a sharing, business community environment. Tenants do get the ability to network with each other and with their customers on our regular business networking Zoom meetings, to receive qualified leads and pass on leads to each other.
Vendors’ merchandise is co-mingled with every other vendor’s goods so it’s easy for a customer to be diverted to another product, eg: one selling at a cheaper price. BizHub offers this feature, too. However, Tenants can also get their own unique store and shopfront with its own URL, filled with their goods only, so visitors can buy only their products and not someone else's.
Warehouse malls do not offer merchants and consumers many options for making money other than listing their products for sale in their malls. BizHub Central offers unlimited product listings, private shops, auction and dropshipping facilities and a lucrative Business Development Plan so that more people can use the mall in different ways to earn money.
Few, if any, warehouse malls offer vendors and customers a supplementary income plan. The BizHub Business Development Plan (BDP) rewards you for bringing new tenants and customers into the mall when they buy our products. It provides a primary or secondary income for everyone. They also get Preferential Discounts from participating merchants.
Warehouse malls charge vendors a range of different fees, including monthly rentals, storage fees, "success" fees and sales commissions, all of which erode their already reduced profit margins. BizHub is running a Special Offer called the Tenant Bundle. It has 3 rental options and each of those has 3 payment period options. The Bundle combines everything a retailer needs to start and run a successful online business, worth over R50,000. Tenants learn how to sell like professionals. They get a trading platform with powerful marketing tools that work for them 24/7.
Warehouse malls sell millions of products worldwide, mostly made in China, and quality is questionable. BizHub Mall Tenants are all South African-owned businesses and nearly all products are made here in South Africa, and they are of high quality.
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