The best way to reduce the likelihood of having problems with overseas suppliers is to visit them, especially before you place your first big order. As China is so far away and so different from western world, many new businessmen feel daunting for the first sourcing trip to China. Here are some tips.
1). Locate where your product is supplied
China is massive and you are sure to lose track unless you have all your products listed and suppliers located in advance. Coming prepared will save a lot of your sourcing time and keep you from getting distracted.
2). Use a sourcing agent
You are sure to find multiple suppliers in China selling the same product at different prices. This makes it necessary to use sourcing agents who can best accommodate your needs to make sure that you crack the best deals at rock bottom rates.
3). Don’t fall for counterfeit products
In China you can find awesome replicas of leading international brands but don’t fall for them. Importing counterfeit products from China and selling them at a high price in your country can get you in big trouble. You would not only lose your rights as a trusted online seller but also invite legal hassles. Although buying counterfeit products seem like an alluring deal, it is advisable to stay away from them.
4). Research your options carefully
China has a downright overwhelming variety of products that can trap you into making a hasty decision, but beware! Suppliers may try hard to convince you into deciding but the best way is to explore all the options you have and finally make an informed decision.
5). Customize your products
If you have a particular product in mind which is not on the market, you can have it custom made. From adding attributes and changing colors to modifying functionality and printing your logo, everything can be done within your desired budget, provided you know how to negotiate, or with the help of a good sourcing agent.
6). Gather information from different suppliers
This task can be a little tedious and time-consuming if you do not have a China sourcing agent by your side. To learn the best sourcing practices, you need to know your potential suppliers. Compile a list of suppliers and set up as many meetings as possible. Visit factories and verify if vendors are fully equipped to fulfill the claims they make in terms of volume and timely delivery.
7). Use a checklist
Visiting factories and meeting vendors can get you really busy, leaving a little time at your disposal. It is difficult to keep track of everything once you get caught up with suppliers and services. Listing down all the questions and queries in advance will help you remain on the right track even with a hectic sourcing schedule. Visiting a supplier in person is very different from having your queries answered online. With a good checklist, you are in a better position to finalize your deals.
8). Do a compliance check
A compliance check plays a decisive role in determining the right vendors. It eliminates unnecessary hassles and saves a lot of your time. Partnering with vendors who comply with your country’s regulations and requirements will help you maintain industry standards and deliver quality products and services.
Follow these tips, you will you will manage your China sourcing trip more efficiently. If you want to avoid the complications that arise with language barriers and communication gap, you can use a reputed China sourcing agent who can find legitimate suppliers and negotiate on your behalf.