How to Import From China in five Steps

Importing products straight from Chinese factories and selling them at home country having a large margin: this is often a very profitable method of doing business. However, buying wholesale goods in China just isn't as easy as visiting the store just down the street. Remember, you are carrying out business with people halfway across the world, and there are many risks involved. Importing goods from China can be a long process, easily taking months in the initial look for a supplier before you receive the goods on your doorstep. You'll have to buy vast amounts to make the investment worthwhile. Whenever your container finally arrives the very last thing you want is to find unsellable products! Minimize the hazards that come with importing from China by using the following steps: The first step: Plan A very important factor that is very importing when importing from China is to make a proper plan. Don't just place an order and wait for the best; you might be very likely to end up with faulty products, or with no products at all. Your product may have to comply with certain health and/or safety standards to become allowed to be sold in your home country, research this first. Secondly, write down all the requirements you have yourself, what should the size of the product be? Which materials needs to be used? Be very specific and ensure every single detail is assumed through; this can save you many problems later on. As part of your plan also calculate your overall landing costs to determine whether importing from china financially is practical. Step 2: Find There are many Chinese suppliers, but finding the right one can take some time. There are websites where Chinese suppliers present their products, alibaba.com to be the most famous one. Go to a tradeshow to meet many possible suppliers in the same place. Or hire sourcing assistance which will help on the ground with getting a suitable supplier. Unfortunately there are many cheaters actively trying to trick foreign buyers into investing in goods they will never receive. Therefore, the way you end up finding your supplier will not really matter, as long as you get your supplier checked prior to placing an order. 3: Buy As soon as you found a reliable supplier who are able to supply the product you would like, you can continue to negotiate the price also to sign an order order. Determine which paying method you'll use, and discuss the payment terms. These preferably could be 30% upfront and 70% following the container is loaded. Step 4: Check Now you placed your order and made an upfront payment don't sit back and relax just yet. In China generally manufacturers work on very small margins, and there is a large share of supplier who won't avoid cuttings costs and sometimes it means lowering the quality standards. Receiving good quality products thus remains your responsibility! Have an official quality control done, at least once, during the production process. Step 5: Send As the production is at process you can keep to arrange the logistics. When sending products internationally, either by air or by sea, there's always a lot of paperwork involved. To start with, contact your local customs bureau to discover more regarding the import duties along with other import fees you could possibly have to pay. Contact a China Sourcing Agent, who can arrange the entire shipping and customs process for you personally. Shop around prior to committing yourself to one freight forwarder because there is a lot of competition and cost of shipping is extremely flexible.