Sourceimport from China is a popular choice to ship products globally. However, there are pitfalls to avoid when planning to import from China. One of the main issues is finding the best sources for your products. If you are shipping to the Chinese mainland, the risks are higher as you cannot check your shipments once they arrive. In addition, goods in transit may be seized by the Chinese government.
Research your market before shipping to China. Find the best products to import from China by reading consumer reports, reviewing government and non-government sites, and asking questions of established import companies. Make sure your products fit your target market and will sell well in China. Define and develop product specifications sheets so you know what you have to ship to China. Ship quality products to China with a clear cost and quality edge import from China.
When sourcing products from China, identify which countries produce the best products at low prices. The ship those products to your supplier, but do not rely on your supplier to deliver the goods to your customer. Instead, use your contacts and connections in China to find another supplier that can ship the products to your customer for a better profit.
If possible, source products that are in high demand. China has the world's largest consumer population with an estimated annual demand of over 500 million units. To determine if a product is in demand, contact a distributor or wholesaler in your location and ask what their current supply is. In addition, use the internet to research potential products that fit your criteria and find potential wholesale price with no minimum order requirement.
Find and list profitable items on eBay - research current selling trends and visit eBay to search for potential items that fit your criteria. Look for items that have high demand from eBay buyers and that going for low prices. China has one of the most successful online shopping culture, so it shouldn't be too difficult to find a few products to import from China. Check out the feedback and track records of the seller before purchasing.
Sell on eBay - if you can find a reputable and established wholesaler with a good volume of stock at a reasonable wholesale price, then you will likely find a few products like this on eBay. Make sure you research the seller before placing an order. Buyer feedback is important to help ensure you buy from a reliable wholesaler. Once you have found a few potential sellers, you can start posting the product and wait for it to sell.
Place the orders - once you have found a few potential sellers, create an account and place the first order. Always remember to set a minimum purchase amount and only order enough to fulfill your initial orders. You can always negotiate the wholesale price later once you have sold a few products. With some products like electronics, you may not need to make any sales at all, so you won't want to spend too much on these.
Sell the products - after receiving your initial shipments in the mail, ship the items to the buyer. Make sure you pack them properly using appropriate packing materials and to avoid shipping damage by using professional courier services. If you are working with China manufacturers, they may suggest that you send the items through their company. This may not always be the best option. Find out if your potential supplier offers this service.
Use Facebook and eBay - create a page in both Facebook and eBay to promote the item you are selling. Begin offering either free samples or discounted prices for interested buyers. The more exposure your item gets, the better chance it has of selling. Make sure you include the wholesale price when you are stating the price of the item. Many Chinese manufacturers will set the wholesale price before paying for the item.
Keep in mind that the typical retail price is usually lower than what a China supplier will charge for the item. However, if the items sell quickly, you could earn a lot of money in a short period of time. If you sell items that aren't very popular, you won't get many orders. If you are able to sell popular items, however, you can make a lot of money in a relatively short period of time.
Use Coupons - another way to make a lot of money when you import from China is to offer coupons. Many manufacturers will offer low wholesale prices in an attempt to encourage customers to purchase in bulk. You can use these coupons to purchase a few hundred units, then you can resell the rest of the items for a higher price than you would have been able to if you purchased them individually. This is a great way to make a lot of money when you import from China.
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