How to Import From China in five Steps

Importing products directly from Chinese factories and selling them in your house country with a large margin: this is often a very profitable method of doing business. However, buying wholesale goods in China isn't as easy as visiting the store just down the street. Remember, you do business with people halfway around the globe, and there are many risks involved. Importing goods from China is really a long process, easily taking months from your initial visit a supplier unless you receive the goods on your doorstep. You will need to buy large volumes to make the investment worthwhile. When your container finally arrives the very last thing you want is to discover unsellable products! Minimize the hazards that come with importing from China following the following steps: Step one: Plan Something that is very importing when importing from China is to make a proper plan. Don't just place an order and wait for best; you are very likely to end up getting faulty products, or without any products at all. Your product may have to comply with certain health and/or safety standards being allowed to be purchased from your home country, research this initial. Secondly, take note of all the requirements you've yourself, what if the size of the merchandise be? Which materials needs to be used? Be very specific and ensure every single detail is believed through; this can save you many problems afterwards. As part of your plan also calculate your total landing costs to determine whether importing from china financially is sensible. Step 2: Find There are millions of Chinese suppliers, but finding the right one can take some time. There are websites where Chinese suppliers present their products, alibaba.com is the most famous one. Check out a tradeshow to meet many possible suppliers in the same place. Or hire sourcing assistance that can help on the ground with finding a suitable supplier. Unfortunately there are many cheaters actively attempting to trick foreign buyers into paying for goods they are going to never receive. Therefore, the method that you end up finding your supplier will not really matter, as long as you get your supplier checked prior to placing an order. Step three: Buy As soon as you found a reliable supplier who can supply the product you would like, you can continue to barter the price and to sign an investment order. Choose which paying method you will use, and discuss the payment terms. These preferably would be 30% upfront and 70% following the container is loaded. Step four: Check Now that you placed your order and made an upfront payment usually do not sit back and relax just yet. In China generally manufacturers focus on very small margins, and there's a large share of supplier who won't avoid cuttings costs even if it means lowering the quality standards. Receiving top quality products is thus your responsibility! Have an official quality control done, at least once, during the production process. Step five: Send Since your production is in process you can preserve to arrange the logistics. When sending products internationally, either by air or by sea, there will always be a lot of paperwork involved. First of all, contact your local customs bureau to discover more on the import duties as well as other import fees that you have to pay. Contact a China Consolidated Shipping, who are able to arrange the whole shipping and customs process to suit your needs. Shop around prior to committing yourself to one freight forwarder because there is a lot of competition and cost of shipping is extremely flexible.