Importing from the Yiwu wholesale market in China sounds complicated. Well, where there’s a will, there’s a way. The key is to know how to do it. Simply put, not every customer has the time and energy to research, find suppliers, request quotations, and inspect goods and logistics on their own.
So it is always a good idea to have a local agent in Yiwu. A Yiwu Sourcing Agent is an intermediary company between buyers and sellers. Many customers think they can do everything through the seller’s contact details.
1. Why do you need a Yiwu sourcing agent？
1.1 A huge supply chain
The best Yiwu Sourcing Agent in China, comes in all shapes and sizes. Despite China’s reliance on imported raw materials and components, a large proportion of consumer goods are still made in China.
The list of products made in China is long and includes everything from clothing to electronics, toys, plastics, and high-end cosmetics to cars. The Yiwu market’s vast supply chain caters to a wide range of products from all over the world, across different industries and sectors, and is one of the indispensable sourcing sources for buyers.
1.2 Value-added functions
Because China is a highly developed technological country, it is impossible to ignore this reality. Innovative technology, a high degree of sophistication, and unparalleled productivity characterize a staggering number of American companies. Manufacturers offering value-added services can be found in Yiwu, thus reducing the total cost of product creation.
1.3 Low-cost services
Yiwu, China’s reduced cost structure is a major factor in many companies choosing it as their primary sourcing location. Manufacturing has become a viable option for the country due to low labor costs, making it an attractive option for businesses.
Molds and tooling, packaging, unit costs, and other technical issues and features are just some of the elements involved in product development.
Yiwu Buyer can assist overseas customers in importing from China. When developing a low-cost sourcing strategy, buyers should consider factors such as transportation costs, overall product quality, and time to market.
2. What kind of customers need Yiwu sourcing agent?
2.1 Need to buy multiple products or customized products
In fact, many wholesalers, retailers, or supermarkets have a stable of cooperating Chinese resellers. Like Walmart, DOLLAR TREE, etc.
Why do they choose to work with a proxy? Because they need a lot of products and some of them need customized products, so they need to rely on the repo, like Yiwu Sourcing Agent to help them complete their import business, save time and cost and focus on their own business.
2.2 Lack of experience in importing
Many buyers want to import products from China, but lack experience. This type of buyer is usually just starting their business. We are sorry to tell you that although we are very careful in developing your acquisition strategy, practical experience is important.
Importing products from China is very complex, with many suppliers and products, complicated shipping rules, and the inability to track production in real time. So it is easy to make mistakes if you do not have experience in importing. Choosing a suitable Yiwu Sourcing Agent for your business to help you can greatly reduce the risk of importing.
2.3 I can’t come to China to shop in person
Yiwu Sourcing Agents who cannot come to China in person is always worried about the progress and quality of their products and miss out on many of the latest products. They may have extensive shopping experience, but they worry a lot when they can’t come to China.
Many customers will hire a sourcing agent to handle everything for them in China. Even if they have a regular manufacturer, they need someone they trust to review supplier information and keep a close eye on product progress and arrange deliveries. What kind of client needs?
3. What services Yiwu sourcing agent can provide？
3.1. Airport pick-up
Many customers want to come to the Yiwu market in China for imports. It is always handy to have a familiar face when visiting an unfamiliar city. As a professional Yiwu Sourcing Agent for the Yiwu market, you will know us as well as you know us. Yiwu Sourcing Agent will pick you up at the airport and take you to your hotel, saving you the time of finding a taxi and hotel in a strange city.
3.2 Yiwu Market Guide
Yiwu Market is one of the largest wholesale markets in the world, with over 75,000 vendors in zones 1-5 of the Yiwu Market. Many of you may have visited the Canton Fair before, the world’s largest trade fair, held twice a year in Guangzhou, Guangdong Province, China. You can think of the Yiwu market as a year-round fair. It is open to buyers from all over the world from 8 am to 5 pm every day, except during the Chinese New Year.
- Language
When you are at the Yiwu market, they are all Chinese suppliers. Do you have a language barrier? The answer is always yes. Many Chinese suppliers in the Yiwu market do not speak English and very few speak simple business terms. This makes business communication difficult.
Even though some suppliers may speak a little English, it is still easy to misunderstand them in business and you don’t want misunderstandings in your business.
As a reliable Yiwu Sourcing Agent, all our staff is trained and fluent in English to ensure that there are no misunderstandings between you and your suppliers. So you just need to take Yiwu Sourcing Agent.
- Price negotiation
Communication is the first step in dealing with suppliers at Yiwu Market. As a Yiwu Market buying agent, we are well aware that our customers visit Yiwu Market with the aim of getting the best wholesale prices for their products.
In addition, we are genuine Yiwu Sourcing Agents, so we have the same natural, cultural and psychological background as the Chinese suppliers. We certainly know how Chinese suppliers think logically, which gives us a good advantage in negotiating prices for you with Chinese suppliers.
- Negotiating minimum order quantities
As Yiwu Market is a wholesale market, also known as Yiwu Wholesale Market, it has MOQ, which is short for minimum order quantity. Most customers want to buy multiple products, each in relatively small quantities, and then ship them together.
Not all suppliers are willing to sell you the quantity you want, but you can’t ask for a minimum starting order quantity; go for it. Well, you have to explain your situation to them and see if the provider can understand you.
It depends on the way you convince them, and Yiwu Sourcing Agent always helps our customers to convince their suppliers to lower their minimum starting order because they may want to place a trial order to test their market before placing a large order in the future.
Under normal circumstances, suppliers will understand this. They also want to be able to repeat the customer’s order one day. There are, of course, many different ways of persuasion; this is just one example.
3.3. Order tracking
After confirming all your orders, the supplier will start producing the product for you. The next step is to monitor and track your order during the production process. To ensure that no errors are made in production, we usually visit the supplier to check the products during the production process.
In addition, you cannot stay local to monitor everything; some orders can even take weeks or months to complete. This is a mandatory procedure for us as professional agents in the Yiwu market. because if you do not pay attention to the production, you may get the wrong quality product.
3.4. Storage
After your supplier has finished production, they can store it for you for a period of time; if you only have one provider, that’s fine. But what if you have 20 suppliers for your goods? Would you rather have 20 suppliers deliver your products individually to the seaport or have them all grouped together and delivered at the same time to save cost and time?
Especially if your shipment is FCL, you will increase costs significantly if you allow containers to access the locations of 20 different suppliers to load their products. In addition, container drivers don’t usually do this.
They usually go to one site and upload all their products at once. So, do you need a warehouse and do you want to rent your own in-country warehouse? Or use your proxy warehouse to avoid these problems? The answer is clear.
As a professional agent in Yiwu, we have several warehouses to prepare our customers’ products before shipping. What’s more, you don’t have to pay separately for our warehouses as our commission is included and it’s much cheaper than renting your own.
3.5. Inspection
Another advantage of having a warehouse is that we can easily inspect your products. As mentioned above, we have already completed the quality tracking of your order.
After the product has been delivered to our warehouse, we may still need double confirmation for post-production inspection. This way, as your Yiwu market sourcing agent, we can do our best to ensure that you receive the expected product.
3.6. Container loading
After we have processed the above procedures, all products are now ready to be shipped in our warehouse. What is the next step? You need to ship these products from China to your country, right? Then, as the Yiwu market sourcing agent, we book the shipment and arrange the container (FCL) or sea FCL to the port of loading for customs clearance in China.
3.7. China Customs
After we have completed the FCL and LCL to the port of loading in China, the final process is the customs declaration to China. This process is more about documentation.
As a reliable Yiwu market sourcing agent, we will send invoices, packing lists, contracts, customs declarations etc. Once our customs documentation has been verified and approved by Chinese customs, your products are ready to be shipped to your country.
3.8. Shipping
The final step is now shipping. As an importer, you will also need to clear customs once the full container or LCL shipment arrives at the port of discharge in your country/region. As a professional Yiwu Sourcing Agent, we will send you the customs clearance documents.
Such as invoices, packing lists, bills of lading, certificates of origin and other necessary documents. In this way you can clear customs, pay import duties and have your products released from the customs department of your country/region.
4. What pain points can Yiwu Sourcing Agent help our clients solve？
4.1 The factory has a high MOQ and some small companies are unable to achieve such high MOQs for a single model.
TOPTRADE SOURCING as a Yiwu Sourcing Agent, offers more competitive prices and minimum order quantities than the factories. This is especially true for large sourcing companies. Through the contacts and reputation they have built up over the years, they are often able to obtain better prices and minimum order quantities than the sellers themselves.
4.2 Sourcing grocery products requires a lot of time to find the right factory with the right quality and the right price.
TOPTRADE SOURCING as a Yiwu Sourcing Agent, saves customers a lot of time. When you save a lot of time on these aspects, you have more time for market research/marketing model research and your products can sell better.
At the same time we guarantee the quality of our goods. As a sourcing agent for Chinese buyers, we are the first to care if the quality of the product meets the buyer’s sample standards.
4.3 Language barrier, no knowledge of Chinese, no direct communication with market shop owners.
Our salesmen are English-speaking, minor language majors, and buyers from almost all over the world, allowing them to communicate with shop owners without barriers.
Not all factories are fluent in English to communicate with their customers, but Yiwu Sourcing Agent basically can. It reduces the hassle as well as the cost of hiring an interpreter for the client.
Best Yiwu Sourcing Agent——TOPTRADE SOURCING
TOPTRADE SOURCING Over 8 programs are our one-stop shop to make your wholesale imports from the Yiwu market in China easier and simpler. Our comprehensive supply service will help you to lead your market by choosing us.
We as Yiwu Sourcing Agent, have a professional team that can help you to source from the Yiwu market without any hindrance, from product selection, and sampling, to post-production and shipping, we control the quality of the whole process, just to provide you with the best service!