Sourcing your goods in the China wholesale markets means margins you can not find elsewhere, margins that will skyrocket your profits and let you dominate your market. China has been described as the world’s factory.
The phenomenal economic growth in China, typified by the rise of Shanghai – now the world’s biggest city, in the world’s biggest nation – will have an ever-increasing impact on world trade, and around the area of re-selling online.
China manufactures for the planet, and anyone looking to source products only must begin their search at the China wholesale markets. So me, and probably you too.
Many US re-sellers are still convinced that the way to a fast fortune is to visit China, find the man who makes shoes for Gucci or handbags for Prada, and convince him to run off an extra few
A less-reputable China wholesale manufacturer might do so, but the product won’t endure the coveted label. You may manage to import the goods into the United States, but no way can you market them -Legally – as brand-name goods, even if they’re created from the same manufacturer as the real item.
Beware the so-called»gray market». The Brand name companies are getting to be ever-more competitive in pursuing through the courts anyone infringing their copyright.
In most manufacturing sectors, China is a volume manufacturer, Meaning You’ll always be facing high minimum order quantities, typically thousands of components, making it seem a
No-go place for the solitary dealer of modest means. But there’s a solution to this issue, as you will see later.
China already has a fantastic reputation for quality clothing, shoes, and basic commodities, but progressively China wholesalers are turning into high-technology solutions.
The Great news is that the China wholesale producers and the brokers are very clued-up on the US market, and very fast to respond to requests for sample products and cost and delivery
quotations. The really great news is that there’s generally an unbelievably margin, so if you’ve got the bankroll and the experience you could really earn a lot of money at this.
So what about a plan of action?
If the China wholesale marketplace excites you, you truly can’t do without the assistance of a neighborhood China-based agent.
He’s the man with personal contact with all the makers and mill owners. He knows the China wholesale world intimately – he knows the best sources for all of the products. He acts as the middleman and efficiently as the purse-holder, and you’ll need this kind of expert to lead you through the minefield that’s the Chinese-US tax problem.
He’ll make certain that the item gets shipped on time, and most importantly can check on the quality of the merchandise before it’s shipped.
These Chinese export brokers are tracked and encouraged financially by their own Government to promote China wholesale company abroad, so you should be able to find a reputable one with no difficulty.
The bottom line is if you are seriously interested in sourcing products from China in bulk, then you can’t do the business with no excellent China-based agent.
You just need to commit the time to go over to China, ideally if one of the large trade fairs or conventions are occurring. (You can easily find this information in your favorite Search Engine).
Here you can meet the brokers, who will introduce you to the mill owners, who can invite you to the factory to find the product being created, and will most likely give you an on-the-spot quote.
You’ll find, as I did, that much business in China is still conducted on a personal-relationship basis, so in case you don’t make the personal contacts and establish and cultivate relationships in the China wholesale Earth, then you probably won’t flourish in China.
In the event you just haven’t got the resources or time to establish personal contacts in China, then you could search for a good US based Chinese broker or agent – ideally one based on your town or State. (Again, there are one with the Search Engines).
You might be lucky and find a person who has great contacts in China, and he can guide you through much of the bureaucracy involved with importing from a China wholesaler.
Discover who he’s represented before, and make sure you contact this individual or company to check out your broker or broker.
There’s an exceptional resource online with a lot of experience in sourcing China wholesale products. This is the site at http://www.alibaba.com, which provides excellent advice, and can quickly supply details of Chinese producers for your favorite product.
So there are 3 levels at which you can get involved with the China wholesale markets – the 3 paths to enlightenment and gain as we might call them.
At the base level,in case you only need to get a feel for what’s available, then invest some time on search in http://www.Alibaba.com – a excellent resource which could show you the unbelievable assortment of goods available, and which may put you in touch with agents or producers in the China wholesale company.
In a slightly more ambitious level, if you’re dedicated to doing business long-term, then you could start looking for a trustworthy US-based Chinese agent or agent, who for a fee or commission will ease your way into the often-baffling world of importing goods from China.
And the serious entrepreneurs will jump in at the top level, and get themselves over to China, the sooner the better, to be able to establish those long-term relationships with those active in the China wholesale world.
Relationships that will reap rich rewards for years to come.
If you’re not large enough or confident enough to face this on your own, then find a couple other re-sellers in precisely the exact same market – or associated market – on your own, and pool your resources and time.
Whatever it takes, enter this profitable market place – the potential gains are HUGE!
China and its makers are going to have an enormous effect on the Internet re-selling world during the next 5 decades.
It’s already beginning to happen, and the opportunity to get involved is now.
The man who sources the merchandise at the lowest cost is the man who wins, especially online.
And that lowest cost will most likely be supplied by a Chinese manufacturer.