7 facts about business with China, which is worth knowing an entrepreneur

No, AliExpress is not the best option for bulk purchases.

1. You can find analogues of almost every product in China

Most of the time you will find the same product, but only cheaper. Also, most of the time, it’s made in China, regardless of where you first purchased the product.

Recently, an entrepreneur on vacation in Thailand decided to try tea, thinking it was local tea, and establish a supply of tea to his country. She took a batch to try it. And when the item was sold out, she decided to buy more and turned to the supplier. She didn’t have to go herself every time. The same tea was found in China. And even at a low price. The entrepreneur set up a delivery from China and was pleased with her decision.

Today, China is one of the world’s manufacturing hubs, where you can find products that meet all your needs, tastes and wallets.

Apple also ordered iPhones and iPads from China and found a manufacturer that met that standard.

Stockholm tourist guides clearly warn tourists. T-shirts with Swedish symbols and other merchandise are made in China at tourist souvenir shops. Only handmade wood carvings are made locally and start at $ 1,000 in local currency.

The idea that China is a supply of cheap goods of questionable quality has long been obsolete. Chinese manufacturers are ready to offer any quality, the only limit is the amount you and your clients are willing to pay for it.

2. If product certification is required, it must be done in your country of residence.

A certificate is required to sell certain items in the United States. Entrepreneurs often ask Chinese suppliers for such certificates and refuse to buy if he does not provide them. Or, you’re ready to do so, but only in electronic form.

In fact, even if the supplier provides a certificate with all the required stickers, it will be a piece of paper that has no legal effect. Also, no Chinese documents are required to pass the certification.

For example, children’s products, chemical products, and some other categories of products require certification.

Law firms specialize in these services, although brokers usually do not authenticate themselves. Some intermediaries have such partners and they recommend them to their clients.

3. Even AliExpress and Alibaba are not the best options to buy

AliExpress is a retail resource and is also for foreigners. Therefore, it has the highest price in the Chinese segment of the Internet. Although the price is cheap in Alibaba, this platform is also aimed at foreigners. Targeted Chinese clients in a secure site where the redemption and payment process is fully automated and money is blocked in the supplier’s account until the buyer receives the item and confirms that there are no complaints It is said.

Similar resources are:

  • “1688”
    A site for Chinese wholesalers. If you need more than 10 items, look for a supplier here. However, sellers may have a minimum batch limit. It can be 10 units or 1,000 units.
  • Taobao
    Is similar to AliExpress, but is a retail resource for Chinese. This is a great option for purchasing sample items that are often unprofitable for wholesalers. It is also suitable for situations where you need little, such as 5 scarves, 3 swimwear and 10 packs of different types of cosmetics. If you are interested in larger batches, it is more profitable to buy at “1688”.
  • Tmall
    Premium segment retail site. Ideal for purchasing for personal needs, or for purchasing very small quantities of exclusive quality for the most demanding customers. On the plus side, we can emphasize free shipping in China and a thorough check of our suppliers, almost eliminating fraud. For your safety, China post EMS tracking
    To find out what the item is in and where it is currently.

The businessman ordered a batch of goods at Tmall, but the supplier did not have the required quantity in stock. However, in 1688 he found a similar product for less money. Since then, entrepreneurs have been purchasing since 1688. He cuts the cost of goods and sells them at the same prices as before.

If you’re using a premium segment, you can see in Tmall if you see a new one in your profile. Offers are less distributed than other sites. You can also buy samples and small lots that are not available from wholesalers at Tmall. Otherwise, we recommend searching for “1688” to purchase the products you saw in Tmall.

4. When you come to China, you can find more favorable conditions than online sites

Chinese suppliers do more than just trade on the internet. The offline markets where it makes sense to look for them are especially in Yiwu and Guangzhou. Yiwu’s Futian Market is considered to be the largest in the world and is a “city in the city” with stores.

Visiting the market personally is an opportunity to find products that are cheaper than the “1688”. The reverse is also true, but there are low-priced offers on the Internet. You need to compare each case.

It’s also worth coming to China to find a product that isn’t represented by the United States and use it to find your state’s niche. Or test your business idea.

Manufacturers of products on the market are usually concentrated near the same city. Therefore, you can not only take a closer look at the products, but also visit the factories that carry the products you are interested in. Personal contact with the owner is an opportunity to negotiate delivery on better terms than standard.

For visits to markets and factories, it’s best to find a guide who is familiar with the area (it’s easy to get lost if you’re in the same “futen” without training), ideally a Chinese-speaking guide. English on such markets and local buyer-oriented online sites is useless.

For example, machine translation by Google Translate is not always useful.

5. If you are not satisfied with the product, you should consult the supplier before refusing

The precedent occurs regularly when the supplier adjusts the order according to the client’s request. Here are some examples.

One customer was not pleased with the fact that the inscription on the toy package and the description of the kit were in Chinese. At the request of the customer, the supplier provided English materials for these products.

The customer was ready to take a batch of clothes, but did not have the character patch that was in the trial sample. After negotiations, the supplier shipped the goods on request. Another entrepreneur received a batch of products without the manufacturer’s logo at his request.

The owner of a small store decided to order an umbrella with his company logo from China and sell it under his own brand in the United States. She was ready to take 100 for a test run, but was worried that the printing of the logo would significantly increase manufacturing costs. The supplier made the opposite offer. If the order grows to 150 copies, he will print the logo for free. It was a contract.

Chinese suppliers are keen to meet the needs of their customers. But in one condition: if they think the deal is beneficial for themselves.

And if you want an exclusive product for your needs, you can find a Chinese manufacturer who will agree to produce it.

6. If possible, it is recommended to check the goods in the warehouse in China.

Common Cause: I received an item, but the package does not contain the item I ordered. Or it is different from what you ordered. This does not always happen because of malicious intent. A more common cause is disruption or mediocre carelessness in the supplier’s business processes. Not all Chinese are not completely paying attention to customer demands, but there are quite a few Chinese.

If bundle defects have already been found in the state, it is usually impossible to do anything about them. And if you succeed in negotiating the shipment of the missing item, it’s long and expensive. However, if a problem is identified in China, the dispute will be resolved more quickly and easily.

7. The supplier is willing to provide not only the product itself, but also its photos and videos.

If you need a product photo or video showing how the product works, please tell the supplier or intermediary who made the purchase directly.

Entrepreneurs have decided to open a new business line, an online children’s clothing store in China. I saw the suggestions and ordered a sample of the item I was interested in. When he received, saw and felt, he ordered everything he liked in bulk. It’s time to launch the website. To develop it, we needed all the photos with tightly defined parameters of quality, size and resolution. The photographer demanded a lot of money, so he asked his supplier if he had such a photo. The supplier provided them free of charge. Clients used these photos to decorate their site, saving money on the services of the photographer.

7 facts about business with China, which is worth knowing an entrepreneur Source link 7 facts about business with China, which is worth knowing an entrepreneur

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