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…