How to Succeed in Overseas Jastip Business Without Failing!

Jastip, short for "Jasa Titip," is a service that helps individuals purchase products that are difficult for them to obtain. In this guide, you will learn how the jastip business operates and tips for getting started. Jastip aims to assist people in acquiring items that are otherwise out of reach, whether they are abroad or simply unavailable locally. 

Imagine being able to get your dream products from various parts of the world without the hassle of international shipping or dealing with customs duties. This is the beauty of jastip — a service that makes it easy for you to buy items that are hard to come by. Whether it's the latest fashion from Paris, cutting-edge gadgets from Tokyo, or exclusive souvenirs from New York, jastip opens doors to a wide range of products. fashion terkini dari Paris, gadget canggih dari Tokyo, atau souvenir eksklusif dari New York, dan masih banyak lagi. 

Are you interested in starting your own jastip business? Here, we provide a comprehensive guide to help you run a successful jastip business. Read on for all the details!

What Is Jastip?

Jastip is a service that offers to purchase goods from a specific location, with the goal of making a profit from each item entrusted to them. It is a business with no upfront capital because the items are only purchased after an order has been made, and they are then sold at a higher price. Typically, people use this service to obtain items they want from a particular place without needing to travel there or pay high international shipping fees. 

To start a jastip business, you only need to promote your service on social media and wait for orders from customers. Additionally, the jastip system operates on a pre-order model, where the customer pays upfront before the product is received. pre-order system, di mana pemesan membayar terlebih dahulu sebelum barang diterima.

How Does an International Jastip Service Work?

Before starting a jastip business, it is essential to understand how it works. Since jastip is based on a pre-order system, you will only purchase products once there is a confirmed order. Here's how an international jastip service works:asa titip ke luar negeri:

1. Step One: Inform your network that you are offering a jastip service from a particular city or country. 
2. Step Two: Display product examples that you can purchase from that location. 
3. Step Three: Create a list of orders along with the products they request. 
4. Step Four: After purchasing the products from the city or country of origin, add the jastip service fee and profit margin to the product price. You can set your desired profit margin, provided the customer agrees to the price.

Benefits of the Jastip Business

The jastip business has several advantages, including:

Low Risk

The jastip business carries minimal risk. Unlike online store owners who can suffer losses if products don't sell, jastip providers don't face this risk. This is because they only buy products that have been ordered, ensuring there is no unsold inventory.

High Profit Potential

The income of a jastip provider comes from the fees paid by customers. The profits increase when there are multiple customers ordering at the same time.

Utilize Free Time

If you enjoy shopping and have free time on your hands, starting a jastip business could be a great opportunity. You can make the most of your free time to earn significant profits.

Profit Margin in Jastip Business

In the jastip business, it is important to set a profit margin and selling price from the outset. Factors that determine the selling price include the product's original price (purchase cost), customs duties, VAT, income tax, and profit margin.

For example, if you purchase a jastip item for $150, here’s how to calculate the minimum selling price:

1. Customs Duty: 7.5% of $150 = $11.25
2. VAT: 11% of $150 = $16.50
3. Income Tax: 2% of $150 = $3

Total price you should sell it for is approximately $180,75Once you know the minimum price, you can add your desired profit margin. Typically, the margin for overseas jastip businesses ranges from 10% until 15%. 

Read Also: How to Start an Import Business and Tips

Rules for Starting a Jastip Business

When starting an international jastip business, there are several important rules to keep in mind:

1. Legal Framework: In Indonesia, the jastip business is regulated by Law No. 17 of 2006 on Customs and PMK 203/PMK.04/2017 , which governs the export and import of goods. Jastip providers must comply with these regulations to ensure smooth business operations.
2. Classification of Jastip Items: When purchasing jastip items, providers must pay attention to the classification of the goods. Jastip items are not considered personal goods but rather commercial goods. 

Customs has specific criteria for classifying these items, so it is crucial to understand these rules to ensure that goods can enter Indonesia with the proper permits.

1. Customs Declaration (PIBK-BC 2.1): This document is required to bring jastip goods into Indonesia and classify them as commercial goods.
2. Understanding Tax Rates: Like other import and export goods, jastip items are subject to taxes such as VAT and income tax. Jastip providers need to consider this when setting the service fees they charge to customers.

How to Start a Jastip Business

Once you understand how jastip works, let’s explore how to start a jastip business from scratch. Here are the steps:

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1. Have Communication Access to Product Providers

The first step in starting a jastip business is to establish communication with product providers in the source city or country. This could be through a connection or by speaking the language of the country where the products are sourced.

For example, if you want to start a jastip business selling Korean skincare products, you’ll need to have connections with Korean manufacturers and possibly speak Korean or English to communicate with them effectively.

2. Research the Target Market in Indonesia

Next, it’s important to conduct research on the target market in Indonesia. Not everyone is interested in purchasing products through a jastip service. Only people with specific interests will be attracted to buying products from other cities or countries. Therefore, before starting your business, make sure that there is demand for your jastip products.

3. Prepare Attractive Product Photos

Since jastip products are marketed online, it’s important to have attractive, yet authentic, product photos. If you have difficulty taking your own photos, you can ask the original manufacturer for photos of the product. Typically, jastip products are more popular when they feature authentic photos from the country of origin.

4. Set Reasonable Jastip Fees

It’s crucial to determine a reasonable jastip fee, especially if your products are coming from abroad. Although jastip users are generally from the middle to upper class, they are often aware of the original prices of products. If you set your fees too high, customers may turn to other, cheaper services.

5. Ensure Product Quality Meets Expectations

Finally, make sure that the products meet your customers’ expectations. To avoid disappointment, provide products that align with what they want. Additionally, ensure that the quality of the product is maintained during shipment. If shipping from abroad, ask the sender to pack the item well to prevent any damage.

For efficient and smooth transactions in your international jastip business, you will need a reliable and cost-effective solution. Easylink is an excellent choice for transferring money abroad securely, easily, and quickly. So, what are you waiting for? Start using Easylink now to simplify your jastip business transactions!