Tuesday, January 17, 2017

Why You Should Hire a Sourcing Agent When Importing From China

China is home to superior products with impeccable quality. The friendly business atmosphere here has given rise to manufacturing companies whose production costs are 25 to 50% cheaper than other locations around the globe. 

When importing products from China, it is invaluable to use an experienced sourcing agent rather than going it alone. The fantastic guidance offered will have you receive your imported products faster and in pristine condition. 
Here are the numerous benefits of choosing China sourcing agents;

#1 Great value for your money

If you were to travel to China and source your own products, you would spend a fortune on travel and accommodation costs. Once there, the new environment and complex setting would require you to hire a guide to take you around. Your lack of knowledge on the local industries and suppliers can potentially lead you to con artists eager to part you with your hard-earned money.
By hiring a China sourcing agent, the individuals has practically grown around the environment and has an intricate understanding of it. You will not only save on travel and accommodation expenses but also invaluable time. 
With a greater knowledge and more personal contact with suppliers and industries manufacturing all products you would want, the sourcing agent is the best placed to find sweet deals for you. The traders in China may be competitive in pricing their products; our sourcing agent knows how to spot the lowest price for the highest quality products. Back at home, you will be able to sell these products at lower prices than your competitors and still make handsome profits.

#2 An able local representative

For foreigners seeking to source products from China, the single biggest setback remains the lack of local knowledge. A sourcing agent is a resident in either of China’s cities and towns with knowledge and business contacts. By relying on services of a sourcing agent, you have at your disposal a local representative who will put your interests first.
As your personal representative, a sourcing agent’s primary objective is to get the best material and product on your behalf, while looking for the friendliest prices. The sourcing agent conducts fruitful price negotiations, sample approval and inspection of products to ensure that they are in perfect working conditions. 
This has numerous benefits for you the client as we take away all the risk and explicitly assure you of a good return on investment. The sourcing agent works for you and represent your interests, not those of the suppliers and industries. With the better deals on offer, you foreign-based company has a higher chance of growing immensely and rapidly.
This relationship between the client and local souring agent is a continuous one; your day-to-day business issues will be in capable hands for as long as the relationship holds.

#3 Easy communication

In any successful business, clear communication is key. It is the only way to have instructions executed accurately, enhancing the growth and continued client satisfaction. Our local sourcing agent is not only proficient in their local dialect but also in English. The agent acts as the bridge between you and the product suppliers, only that you will never have to deal directly with the supplier.
If you were to try and communicate with a Chinese supplier directly, you not only risk receiving products you never asked for in the first place but also end up lose the power of negotiation. The experience would be so unproductive that you will want it to end as quickly as possible, missing out on the best products to stock your business. 
With a sourcing agent who is a clear communicator, your business has the perfect personnel to thrive through the striking of great supply deals. Our sourcing agent is a clear communicator in English and the many Chinese dialects. With our services, you only need to spell out the instructions once and high-quality products will be coming your way shortly.
We value communication and maintain it even after the closure of business deals.

#4 Products from trusted factories and suppliers

The thousands of miles between you and product manufacturers and suppliers places you far away from the action. As much as suppliers may have accessible websites detailing the quality and functionality of products, you can’t rely on their world alone.
Our locally placed sourcing agent is as close to the action as possible, placing him at the perfect position of physically reviewing the products you seek and thereafter making recommendations to you. In all honesty, there are innumerable scam, non-existent companies only out to dupe you off your money. Don’t trust the paid customer reviews on their websites.
Our sourcing agent eliminates this risk altogether, dealing with legitimate companies making high quality products on your behalf; it is intricately easy for the agent to spot out scammers and tell them off. The placement of the agent enables them to visit the factories if necessary, and oversee the production of the requested materials. 
Before making any large investment, a physical visit by our sourcing agent is a crucial step in ensuring you don’t end up losing a fortune and stuck in debt. The local knowledge comes in handy.

#5 Vast experience

Over the years, we have served multiple clients by offering sourcing services. Our experience has continued to grow in leaps and bounds, making us the best placed agency to handle your product sourcing. Our many years in the trade have ha us create business partnerships with suppliers of all types of products.
There is no surer way of getting your products fast and conveniently than relying on the excellent services offered by our sourcing agent. By handing the entire importing logistics, quality control and all procedures of sourcing, you will only have to place the order and wait for the product arrival. Sticking to time stipulations is our core virtue.
With full comprehension of custom processes and duties, our experienced sourcing agent is the best placed to represent all your interests.

#6 Opportunity cost

Isn’t it wonderful to have ample time in your hands to fully focus on your business? Most businesses fail to live up to expectations within a few months of setting up shop due to the failure of their proprietors to allocate enough time. 
The thousands of details needed to source products successfully end up consuming time that would otherwise be used in ensuring the imported products sell off in the shortest time possible. By delegating this duty to our sourcing agent, you have all the time in the world to concentrate on your passion and grow your business boundlessly. 
After receiving the product specifications and requirements, our sourcing agent proceeds to ensure quality control, review of the contract with the suppliers, freight scheduling, warehousing and finally import of the best available products at a comfortable price. 
As the business owner, you primary role is in ensuring the smooth running of your business at home, which consequently leads to higher profit margins. Let us take care of all the strenuous and complex processes of getting you the right materials and products while you concentrate on revamping your business. 

#7 Cultural and language understanding

The Chinese culture and way of doing business is different from the procedures followed in the west. The locally placed sourcing agent has grown up in the culture and in this competitive country, one has to learn early to get ahead of the competition.
When sourcing for your products, it is not merely about negotiating the price and getting things done. Our sourcing agent is sharp in identifying trade-offs and understanding the difference in pricing of similar-looking products. Even with excellent negotiation skills, the difference in pricing may likely be due to difference in functionality and overall quality of the products.
The agent is best placed to work with the Chinese culture, such as the religious meals times observed here. The sourcing agent also knows the perfect time and tone to use when approaching product suppliers; such decorum contributes immensely to finding the right products at the right price. It would simply be too overwhelming for you to do all this right, especially considering the time difference between the East and the West.

#8 An All-inclusive service

Our reputable sourcing agent is equipped with all the requisite skills to help out with all processes that are related to the purchase of right business products. While ensuring a wholesome service for you, the quality of products delivered throughout the working relationship remains consistently supreme. 
Whether it is a short or long time engagement with startups or established businesses, we have the manpower to ensure fast product delivery and no hassle on your part. When both negotiating parties use the same language as is in our case, you are more likely to receive a significant reduction in pricing.
We are offering you an all-inclusive package; the only input required from you is the product specifications and final approval of delivered products. By maintaining constant communication with you and updating you on the latest developments, you won’t have to worry about a thing.
For more information on how our sourcing agent will be of help to you, feel free to contact us today. Our pleasure is in offering you exemplary services every time you engage with us. You are one step closer to unimaginable business excellence. 

China products sourcing agent, provide one-stop sourcing purchasing service. Riwick[1]-China Products Sourcing Agent Assist You In Importing Products From Shunde Foshan China.

Footnotes

[1] Riwick Products sourcing Agent

Article from: http://bit.ly/2izMRA4

Monday, January 9, 2017

8 things you wish you had known before importing from China.

8 things you wish you had known before importing from China.

Are you planning to start importing products from China and you have absolutely no idea of what you should or shouldn’t do? This is the right place for you. Below we shall reveal to you 8 things that everyone wishes they had known about before they started importing from China. But first, if you are a first-time importer and you have a product idea for selling to your country, please read the next part before proceeding.

Quick steps involved in importing from China.

  • Find your niche product
  • Find the most suitable and reliable supplier to work with
  • Choose an importing process that ensures profitability and safety.
It is also worth mentioning that importing from China has a high-profit potential and if you take note of these 8 things that you should know before importing to China, you are bound to enjoy the benefits of your business.
  1. Why you should import from China.

If you are a first-time importer and are looking for a starting point, or if you are an experienced importer and you just want to expand your business, then China is the way to go. The question that is nagging you right now is; why China? Here are some of the top reasons why China is the best option for your importing business. China is the world’s largest export country in the world since 2009. This is because the government is encouraging more people to venture into the export business. In 2013 alone, China exports amounted to an estimate of $1.904 trillion. That said, this means that the cost of production and manufacture is significantly low in China as a result of affordable rent and labor. Therefore, you can easily import your goods from China at ridiculously lower prices and in turn, sell them at high-profit rates.
  1. Find your favorite product niche.


It could be easier for us to assume that by now you already have a product in mind. However, if the case is different, then please pay close attention to this section. First, you need to find a product that is within your favorite niche. Ask yourself this question, “What do I love?” This is a vital part of business regardless of whether it is in the import industry or not.
Dealing with what you love will ensure that you stay in business for long. Enjoying what you do will motivate you to interact with more people and as a result bag yourself some potential customers. That aside, here are some more tips on what to look for in a product:
  • Portable enough to be picked at lower shipping costs overseas. A small size is also preferable.
  • Stand out from other products in the same niche that is already in the market. (What is unique about your product? Why should customers buy your product(s) and not the others?)
  • Have a selling price within the $10-200 range and still manage to give back a substantial amount of profit. This price range has been proven to work especially for small to medium import businesses.
  1. It is much more convenient to find your own supplier nowadays.


Most people think of venturing into the import world but are held back by their lack of knowledge on how to find suppliers. Contrary to popular belief, it is easy to find your own supplier from China. Here are some handy tips to get you started:
  • Google your product of interest + supplier, factory or manufacturer + China. The main B2B (business-to-business) sites in China are Alibaba.com, Made-in-China, and Global Sources.
P.S. express is the best platform to work with if you are dealing with small orders.
  • Take a trip to the trade show in China or even your local exhibitions in your country.
  • Start a website to market your product and suppliers will reach out to you.
There are numerous ways of finding a supplier, and all you have to do is choose the one that works best for you. However, it is imperative to understand that your supplier is very crucial because you will be working with them for a very long time. Therefore, pick someone you can confidently rely on and someone you can trust with your investment.
  1. Know who you are working with.

     

    Riwick sourcing services
When looking for suppliers especially over the internet, you will come to the realization that almost everyone claims to be a working with a factory. However, you need to understand that this is how they are trained to represent themselves so as to attract more clients to their business. The reality is that there are 3 types of suppliers as outlined below:
  • Factor/manufacturer- they produce and sell their products directly
  • Trading company- they buy products from the factory and resell them. (Although some trading companies also manufacture some of the products) Trading companies always offer additional services.
  • Sourcing agents- they help customers out in sourcing their products from China at a fee.
Since everyone claims to be a factory when approached by potential clients, here is a checklist on how to know if you are dealing with a factory or not.
  1. Check out their website and see if they provide a broad range of products. If yes, then you are probably dealing with a trading company since this is not economical enough for a factory.
  2. Check out their minimum order quantity (MOQ). If they allow very low MOQs, then they are most likely to be trading companies because this will be wasteful for factories.
  3. In brief, check out their profile on Alibaba, their business license to see whether they are MANUFACTURING in China, factory audit report, year of establishment, and ISO certification among others.
  1. Maybe sourcing companies are not that bad after all.

This point might be contradicting with the previous point, but looking at it from a different point of view trading companies also have their advantages. When importing from China, the primary objective is to utilize the low prices. This said you might easily conclude that working directly with a factory is the best option for your business. Here are some challenges you are more likely to face when working directly with a supplier:
  • Language barrier: Most factories in China lack salespeople who can speak English. So how will you do business with people you cannot communicate with.
  • High MOQs: as stated earlier, factories have very high MOQs and therefore if you are starting out, it is advisable to deal with trading companies.
  • Independent inspection of goods: this leaves enough room for carelessness and errors.
  • They are unwilling to make free sales samples for you: in fact, they offer to sell the samples to you!
  • Very long lead-times: the start of your order processing wholly depends on the factory’s schedule.
All these issues and more are better handled by the trading companies and thus making them a better option.
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  1. Never go for the CHEAPEST offer.

Pay attention because I need you to get this right. A cheaper option is not that bad, but keep off the CHEAPEST offers and other offers that seem too good to be true. The reality is that there are scammers! They approach you with ridiculously low prices and other offers which you can’t resist. Others can even send you a high-quality sample to win your trust, but once you send them the money and make an order they vanish into thin air, and you can never contact them again. On the other hand, others might not be scammers, but they might be hiding a secret. They lure you into trusting them and even send you a high-quality sample, but once you make an order, they deliver very low-quality products that are cannot even be sold. This will make your product incompetent in the market, and you end up making massive losses. In the import business, a cheaper option is always welcome, but sometimes you get exactly what you pay for. Always do a background check of your supplier and pick a reasonable price. You can even compare their price with that of the same product on Alibaba.
  1. Choose a shipment method that is convenient for your business.

Riwick-about-shippingThere are various options when it comes to shipment. However, several factors have to be considered before picking the plan that best suits your business. These include time, cost and size of your product. The weight of the product and its nature (perishable or not, fragile) should also be put into consideration. Below are some tricks to help you out:
  • Regular post: the best option for shipment of samples and product under 2Kg. Takes 2-5 weeks. USD 15/KG
  • Express Courier: delivered to your door. Most commonly used. Applicable to goods under 20Kg. Takes 2-5 business days. USD 50/Kg
  • Air freight: larger than 300Kg. USD 5-10/Kg. 2-10 days. But there is a weight limit. Takes 2-10 days to arrive. However, you have to go through some documentation before picking up at the airport. You can outsource these from trucking companies.
  • Sea freight: the best option for shipping massive goods. Take the longest time 3-9 weeks but have the possibility of door delivery. It also requires documentations for clearance.
Each shipment method comes with its pros and cons. It is up to you to decide the one that works best for you. It is also important to know which one to prioritize between the cost and time.
  1. Always work with a written contract.written contract

The power of a written contract in business should never be underestimated. Whether you are a first-time importer or running any business, a written agreement always comes in handy. It ensures professionalism and order in your business. When it comes to the importing business, a written contract MUST include the terms of payment and delivery, and the currency of payment. It should also clearly outline the terms and conditions of the business.
Do you now feel confident enough to start importing from China? Do you disagree with or have anything to add to the points discussed above? Feel free to share your thoughts with us.

China products sourcing agent, provide one-stop sourcing purchasing service. Riwick[1]-China Products Sourcing Agent Assist You In Importing Products From Shunde Foshan China.

Footnotes

[1] Riwick Products sourcing Agent

Article from: http://bit.ly/2jco6q6