Alibaba Customized Contract Trading refers to a trading model on the 1688 platform where buyers and sellers use online contracts to clarify transaction details and responsibilities of both parties for customized processing of goods.

In a customized contract transaction, the buyer can initiate a contract, fill in information such as product specifications, quantity, delivery date, acceptance criteria, and select a payment method. The seller can confirm or modify the contract content, such as payment method, freight, delivery period, etc. The two parties can also agree on terms such as liability for breach of contract and overdue compensation ratio. After the contract transaction is completed, an order will be generated for the buyer to pay.

The advantage of this trading model is that it can avoid disputes caused by unclear verbal agreements, and it also helps to protect the rights and interests of buyers and sellers. In addition, customized contract transactions are also counted as processing and customization transactions, which can help stores get more exposure opportunities when looking for factories, and also help create store processing and customization gold crowns and treasures of the store.