Are you interested in becoming an online seller? This is a perfect time to put your idea into action. But there must be millions of questions plaguing your head. What to sell? Which products will bring the best sales? Where to find sellers? Well, it is common to have all these questions as you’re starting new.
Starting a business is not an easy task. There are hundreds of things that you must take into account before making a decision. Online shopping has become highly popular in the past decade. People are more inclined towards comfort, so rather than spending all day dragging themselves from store to store, they can now shop in their favourite stores from the comfort of their home.
First and foremost thing that you must sort out before starting your online business is deciding which product to sell. With good research, you will be able to find products that will ramp up your sales. But if you think your worries end here then you’re in for a surprise. Suppliers, yup, you heard it right. Where to source your material from is one of the biggest dilemmas that every e-commerce enthusiast faces.
With the internet at fingertips, people can necessarily get everything they want without actually working about a thing. So if you’re an online seller you would know that importing from china is best. Although it may be tough currently due to the global pandemic. But China is one of the best sources to import products from. Sourcing your products from China is not an easy process, you may get overwhelmed if you don’t have the right plan or strategy to tackle it.
If you want to get unique products for cheaper prices then China is a perfect source for you. But you must note that with China being a vast country, it has a lot of different manufacturers. Also, take language differences into consideration. With the right strategy, you will be able to make good profits by avoiding common mistakes.
Here are a few tips that will help you in importing goods from China and make good profits.
Don’t just dive into the market without proper understanding. If you don’t want to end up becoming victim to a scam then the most crucial step is to research the Chinese market. As already mentioned China is a vast country that hosts different manufactures. Since you’re residing outside China, it’s better to research online before contacting the manufacturer. There are platforms such as Alibaba that connect people residing outside China with Chinese Manufacturers. Apart from Alibaba, there are other platforms such as Made in China, Chinavasion, etc.
Through research, you can also understand which products you want to sell too. The best thing about Chinese Manufactures is that you can find almost all wholesalers on the internet. If possible visit factories or trade shows in China, this is the best way to find interesting new products and trends. Also, building relationships with Suppliers will work in favour of you in the future. But one thing you must note is that travelling can be quite expensive and time-consuming. If you’re serious about the business then take the leap.
Order a sample
Well, before you proceed further with the order first ask them to send samples. Because if you directly order products without checking the samples, you may be in for a huge loss and disappointment in case the products are not of high quality. Ordering samples also helps you check the differences between all the manufactures and which product has the best quality. You will be able to check whether the price is with or not. If you are satisfied with the samples you can request the manufacturers for the quotes. In case the manufacturer is not ready to give you samples, consider your first batch to be the sample.
While most people talk about sourcing and selling goods from China they talk about the factors but they forget about the important factor i.e., postal service. Yup, the postal services are quite important in import. As you see, if you want to receive your goods without any damage then it is important to trust the right postal service. If you’re looking for a reliable postal service that will bring your order safely then China Post Track & Trace is perfect for you. As a part of research make sure you check the postal services too so that you will not have to worry about it at the last minute. Stick to the same service, as dealing with different services is quite hectic.
Talk to the Manufacturers
Now that you have researched and found different suppliers then it is time for you to communicate with them. If you’re planning to purchase through Alibaba then communication is quite simple as you can search for the manufactures on the platform and chat with them. You can communicate with them regarding their products, quality, expertise in business, payment options, etc. Go through the bio’s of all the manufacturers and narrow down two or three manufacturers that are manufacturing the products you plan on selling.
Never agree for the first price that the manufacturer quotes. The prices at a manufacturer are lower compared to the wholesalers. As you see, since the factories mass-produce the goods the prices are low. According to the quotes you can discuss the prices with the manufacturer. But you must give them the assurance that you are interested in making big purchases with them to get the best prices.
Online selling is quite popular. It is one of the best ways to earn money. If you’re an eCommerce enthusiast planning to sell online, hope this article has helped you in understanding more about sourcing from China and selling online. Just make sure that you choose a niche that you’re familiar with and has a lot of potential to make profits. Once you start selling online analyse your sales regularly to sell how well the products are doing. Lastly, always keep an eye out for new trends or potential trends that have the ability to sweep the market.