• Elksourcing:How to Find a Good Sourcing Agent in China?

    Elksourcing:How to Find a Good Sourcing Agent in China?

    When your start your business of importing from china, it is advisable to find a sourcing agent to help you, but it is not easy. You may not know how and where to find a good sourcing agent. How to sign a contract with the agent? How to pay the sourcing agent? How can you tell if they are trustworthy?  Here are some tips for selecting a sourcing agent: 1. Trust is everything I think you would agree with me that to work with an agent, trust is important. I would rather use a reliable and trustworthy but mediocre agent than someone who is capable but not reliable. Ideally, you need someone who is competent and reliable. How can you tell if your agent or representative in China is trustworthy? In many cases, first impressions can misguide you. You can do some online research to see if there are any comments…

  • Elksourcing:How to Identify Right China Sourcing Agents?

    Elksourcing:How to Identify Right China Sourcing Agents?

    China is a vastly populated nation where coming across efficient and cost-effective sourcing, however, for new importers, it is daunting considering the far distance and vast culture difference.Sourcing agents play a great hand in the success of a sourcing strategy of a company. With the help of sourcing companies, organizations can lower the prices of their products while focusing on key operations. Seek help from sourcing agents if you want to accelerate the growth of your organization. Firstly, observe the market condition The concept of perfect market exists solely in academic books and economic theories. The concept of marketing service in China does not function in perfect market situations. The exercise of marketing strategies depends on the supplier’s expertise and strength of resource. Transactions are often affected by information asymmetry which leads to market failure. Therefore, you should never think of paying a sourcing agent on an hourly basis; you incur loss in…

  • Elksourcing:How Can Sourcing Agencies Help Your China Sourcing?

    Elksourcing:How Can Sourcing Agencies Help Your China Sourcing?

    For a business to set up its own manufacturing facility or procurement office in China is actually impractical. Such decisions raise and increase the hassle of business owners. Instead, any business that wishes to explore China sourcing, should do it with a reliable sourcing agency. There are many reasons for consulting with agencies that have operated in China before. Let’s have a look. A.   Reputed sourcing agencies have core local knowledge of Chinese marketplace.  B.   They can identify and recommend the most profitable supplier options.  C.  Business owners do not have to face linguistic, cultural, geographical and negotiation hassles. D.  Agents in China seal the deal with suppliers. They proactively work to reduce costs, while profitability and efficiency. Chinese product sourcing is something that can offer serious benefits to businesses across many industry sectors. The large domestic markets, promising labor, and logistics maintain its position on top of other marketplaces. Associating with experienced and verified…

  • Elksourcing:How to Qualify a Sourcing Agent from China?

    Elksourcing:How to Qualify a Sourcing Agent from China?

    China has got certain benefits in terms of overseas sourcing, however, in order to do it properly, a professional sourcing agent is needed. Do you know how to qualify a sourcing agent? You may ask below 10 questions. 1)What sort of services can a sourcing agent offer? Obtaining products from China is often underestimated. It requires good amount of hard work, knowledge and expertise in this domain. Ask your agent to demonstrate what can he or she do to manage your project ‘end-to-end’ and this will save a lot of time in inspecting companies, customs, freight forwarders and collaborating agents. 2) What can the sourcing agent source? You may come across some agents who have a wide network in a market and they can help you to purchase different products. With large database and purchasing system, such agents can penetrate various markets and get you a product at an affordable costing. A good…

  • Elksourcing:4 Advantages of Professional Chinese Sourcing Agents

    Elksourcing:4 Advantages of Professional Chinese Sourcing Agents

    Sourcing from China has allowed companies to increase their international competitiveness with low-cost prices and most importantly, focus on their core business. Over the past few years, China has been named as the “factory of the world” and is an appealing option for any business seeking cheaper raw materials, semi-finished and finished products for profit improvement. A.   Provide sourcing service: It is difficult to do sourcing in China without the help of professional sourcing agents. Chinese agents are good at sourcing, efficient to work with the business owners. China has set up factories to make about every kind of products whatever you need, however, research is an essential part of souring, but it is always difficult. Professional sourcing agents evaluate, compare products to determine which best meet your organization’s needs.  B.   Monitor quality control: The quality of the product is the main concern of the business owner. The biggest concern of sourcing directly…

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