Importing products directly from Chinese factories and selling them in your home country with an outsized margin: this will be a really profitable way of doing business. However, buying wholesale goods in China isn't as easy as getting to the shop just down the road. Remember, you're doing business with people halfway across the planet, and there are many risks involved.
importing from China to amazon fba may be a long process, easily taking months from the initial look for a supplier until you receive the products on the doorstep. You’ll need to buy large quantities to form the investment worthwhile. When your container finally arrives the last item you would like is to seek out unsellable products!
Minimize the risks that accompany importing from China by following the subsequent steps:
Step 1: Plan
One thing that's very important when importing from China is to form a correct plan. Don't just place an order and await the best; you're very likely to finish up with faulty products, or with no products in the least. Your product may need to suits certain health and/or safety standards to be allowed to be sold in your home country, research this first. Secondly, write down all the wants you've got yourself, what should the dimensions of the merchandise be? Which materials should be used? Be very specific and confirm every single detail is assumed through; this will prevent many problems afterward. As a part of your plan also calculate your total landing costs to ascertain whether importing from china financially is sensible.
Step 2: Find
There are thousands of Chinese suppliers, but finding the proper one can take a while. There are websites where Chinese suppliers present their products, alibaba.com being the foremost famous one. Visit a tradeshow to satisfy many possible suppliers within the same place. Or hire sourcing assistance which wills assistance on the bottom with finding an appropriate supplier. Unfortunately, there are many cheaters actively trying to trick foreign buyers into paying for goods they're going to never receive. Therefore, how you finish up finding your supplier doesn't really matter, as long as you get your supplier checked before you Sourcing from China to amazon fba.
Step 3: Buy
Once you found a trustworthy supplier who can supply the merchandise you would like, you'll still negotiate the worth and to sign a sale order. Choose which paying method you'll use, and discuss the payment terms. These preferably would be 30% upfront and 70% after the container is loaded.
Step 4: Check
Now that you simply placed the 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's an outsized share of suppliers who won't recoil from cuttings costs albeit it means lowering the standard standards. Receiving good quality products is therefore your responsibility! Have a politician internal control done, a minimum of once, during the assembly process.
Step 5: Send
As your production is in the process you'll still arrange the logistics. When sending products internationally, either by air or by sea, there'll always be tons of paperwork involved. First of all, contact your local Bureau of Customs to seek out about the import duties and other import fees that you would possibly need to pay. Then contact a freight forwarder, who can arrange the whole shipping and customs process for you. Go searching before you commit yourself to at least one freight forwarder as there's tons of competition and the price of shipping is very flexible.
For more info click here:- How to import from China to amazon fba