Tips for Small Businesses to Import from China

If you have been thinking of sourcing from China, now is the right time to take the big leap. Things have changed drastically with some new reforms in China. This country is no longer considered to b

If you are new to importing from China or sourcing products from China, you can take the help of a good sourcing agent. These sourcing agents will primarily search for a good China manufacturer or supplier for your products. There are other functions of these sourcing agents that will be of great help to you. In addition to searching the best China manufacturer, the sourcing agents will manage your imports and also coordinate in sample making. Other functions of china sourcing agents are: inspecting goods, checking factories, solving supplier problems, negotiating the price, and managing contractual and logistical challenges.

When you are dealing with China manufacturers, you will have to keep a clear business objective. When you have a clear objective, you can work towards that objective in a professional manner. When you are dealing with china manufacturers, you will have to give yourself a timeframe and understand the benefits and challenges of doing business with China suppliers. When you are communicating with China manufacturers, you will have to be very clear and to the point.

Also, you will have to be very cautious when you are making any assumptions about the China counterparts. You need to have a backup plan and always be very realistic about your business goals. It is very important that you know who you are talking to because you don’t want to be talking to middlemen who are not giving you the correct picture when you import from china to UK.

There are some very important questions that you can ask before you start paying any of the china manufacturers. These questions are: Why do you want to import? Is importing the best option for you? Who are your current competitors? Is there a demand for your products? What are your local market requirements? What are the advantages of importing goods from China?

When you order a huge consignemt of goods from China, you don’t want to keep them in your ware house for a long time. If goods that are not getting sold in your market, you have definitely not selected the right product to sell. The right hand thumb rule that you need to follow is that, “Sell only those products that can be sold” You cannot sit and do market research after you have already placed an order for the goods in the China factory.

This is a big risk and must never be taken. You can hire a good market research firm to tell you which products are in demand and which ones are not in demand. When you do research on the products that are popular in your country, you will also get a fair idea of the cost ranges. When you import from China, the product costs need to be very low so that you can sell them at a competitive price. Never be in a rush to select the China sourcing company. There are thousands of China factories and you will surely get one for your product. So, take your own time to source from china.    

 

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Basic Guidelines for Importing Products from China