• Elksourcing:Why Chinese Suppliers Raise Prices of an Order?

    If you have done regular business with Chinese suppliers, you have certainly noticed how eager they are to push prices up. And you probably felt like you got cheated sometimes. In this article, I am going to focus on cases where the supplier increases the price of an order they already accepted — a very upsetting situation for the buyer. 1. How they raise prices I think it works out this way most of the time: The boss looks at the prices negotiated for current productions. He says to the salesperson “we will not make money on this order. We need to increase the price.” It is always better to invoke an external fact, upon which their company has — supposedly — no control. So, the boss chooses an excuse of this type. In the email from the salesperson to the customer, it often sounds unconvincing. The customer generally cannot check…

  • Elksourcing:Cheap Prices Mean Low Quality Products

    Sourcing in China is the focus when western businessmen look for importing. The quest for ‘Cheap’ products seems to be a common one judging from the enquiries I receive, but I need to re-iterate: CHEAP PRICES MEAN LOW QUALITY PRODUCTS. A few days ago I received an email from an American importer asking if I knew of a manufacturer in China that could supply him with cheap USB sticks. I asked them for more information on specifications they required and they replied simply, “It doesn’t matter, as long as they are cheap”. NO! This is quite simply a recipe for disaster, and it is interesting that most people with this approach are new to importing. Most will not venture into importing again once if they receive their goods, which without doubt will be a pile of crap. China is a manufacturing haven. You can pretty much order anything you want and…

    Shopify Tutorial 2021-04-06
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