If you business involves physical products, you might want to know how China can help you. Many businesses are now sourcing their materials from China. This includes basic products like clothing, furniture, electronics and shoes.
Be warned though that this is not a walk in the park. Importing business can be confusing and costly if you don’t come prepared. The common factors that can affect your gains are
- Transit times
- Regulatory fees
- Fluctuating delivery fee
Below is a list of things you should do to start your business right:
- Know the products you want – A wrong product shipped will cost you valuable time and money. Imagine waiting for 45 days only to discover that the product is not what you intended to buy. Let’s not forget that you probably bought in bulk. Knowing the product by gathering all possible information about it is key. Talk with your supplier and ask them to send all the information they can. A reputable supplier should be able to provide with enough information. Here is an example of a website that sells wholesale fashion jewelry in China – https://www.trinketsea.com/cheap-wholesale-fashion-costume-jewelry-china
- Know your import rights – For a few test products you can use your favorite courier such as DHL and FedEx. But for bulk orders there could be some limitation. Importing regulations will be applied for packages that a customs office think does not qualify for personal.
- Know your laws locally – There are some products that are not allowed in different countries. Importing those products could get you in trouble. Knowing all the restriction and regulations set by your government is good business practice.
- Find the right supplier – There are different websites that allow you to purchase goods from China without leaving your country. The most famous one is Alibaba. The only problem is that you don’t get to inspect the product personally. If you have the means, going to China is the best solution in finding your supplier.