Whether you are running an online or physical store, you should buy from China.
Do you know how to find out the mistakes to avoid when buying wholesale from China?
From this article, we will provide everything you should know when you plan to source goods from China.
If you have experience in buying from China, that will be easy for you.
But if you do not buy goods from China before, it will be complicated work for you. It will take a lot of time and experience. If goes the wrong way, it will cause a big loss for you.
From this blog, we will help you to know what kind of mistakes you should take care of it and should know how to avoid them.
We will analyze 5 mistakes to Avoid When Buying Wholesale from China in the following ways: Mistakes to avoid when researching the market and supplier; Mistakes to avoid when visiting the market;
Mistakes to avoid when buying a product; Mistakes to avoid when negotiating with the supplier; Mistakes to avoid when shipping.
Mistakes to avoid when researching market and supplier
Most buyers reach China and then can’t find out the right place to visit to have the product of their demand. Before you come to China, you should do some research.
If you are a wholesale or buy a big quantity of one item, you should go to the place where the products are being made. You can get the best price at these places. Our company can provide a map that which products are produced in which cities.
We also have good resources for direct factory information. We can save you a lot of time and energy.
If you are a retailer or do not want to buy big quantities, you can go to a wholesale market like Yiwu and Guangzhou. These markets can offer good prices and all kinds of varieties of goods.
Because of the indirect factory, they ask for a big MOQ. In Yiwu or Guangzhou market, you can find all the things you want in one place, and also can get the lowest MOQ. How to identify the factory?
This is important in doing business. A good supplier is the most important thing. You can ask the supplier to provide their Business license. From a business license, you can check their registered address, contact person, and registered capital.
And their business scope. Or you can get 3rd party factory audits to check if the factory can reach your demand.
Mistakes to avoid when visiting market
Do not have any plan when coming to the market. Many buyers come to the market without any buying plan. They will buy too much or buy too less. Before coming to the market,
make a plan of which products to buy, how many designs for one item, and the value of the goods which is suitable for you. Have a clear location of your market and your business type. And in your store,
how much percentage of cheap items, and how much for expensive items.
Taking this list will help you a lot in the market.
The market has thousands of thousands of products. If you have the right target, it will save you a lot of time.
Buying Wholesale from China
Mistakes to avoid when buying the product
New buyers maybe make 100% payment without checking the goods. This will cause a lot of issues. It is better to make a 30% payment when signing up for the deal and then the other 70% payment after inspecting the order.
If the goods have any issues, you can ask the supplier to change the right one for you. But if you make full payment, some suppliers will delay or find excuses.
And if your country has some requirements for importing goods, you should know all the details before placing an order. You may need CE, Rhos, and FDA certificates in order to be able to import them from China.
Mistakes to avoid when negotiating with a supplier
Some buyers only see the price but ignore product quality or the aptitude of the factory.
We are not saying do not buy at a cheap price but should be aware when a factory gives too cheap price. If the price is lower than the normal price, if the factory is reliable, or if the factory has the ability to take over big quantity orders. These are all the things we should consider.
Maybe you order 10 items from this shop, the first item, some supplier will give under cost price, they want to attract you. But when finally you deliver the goods, they will not give us the goods. They will find any excuse, you can not anything at that time.
Mistakes to avoid when shipping
New buyers maybe lack knowledge of shipping. We have different ways of shipping: By air, By sea container, and by Train. And also have FCL, LCL, DOOR TO DOOR services. Most buyers will think by sea is the cheapest way. But now if ship by train, sometimes maybe cheaper and faster than by container.
Also if you buy jewelry or very high-value goods, shipping by air may be cheaper than by container.
If shipping by container, you should find a customs broker and need to pay the broker charges, and local charges. So before you buy goods, you should get a customs broker and check with them about the basic cost.
From the above article, I think you will have a clear understanding of the 5 Mistakes to Avoid when Buying Wholesale from China. We Toptrade sourcing will help to avoid any mistakes, and lead you to the right way when buying and sourcing.
Contact us for more information or any questions. We are waiting here!
Good luck to you all when coming to China.