This article describes the potential challenges that many people face when they decide to start importing goods wholesale from overseas suppliers (particularly from China). Read useful insights on what you should be looking for, and what to avoid when you do business with overseas suppliers and manufacturers.
If you have been thinking about sourcing products from overseas and selling them through the shops or the Internet, then look no further than turning to wholesale suppliers from China. Doing business with Chinese wholesale suppliers has many benefits and advantages both for small and large traders. Not only you will enjoy high quality products at reduced prices, but the higher margins will lift your profits higher, enabling you to lead your niche market.
Such a tremendous growth in manufacturing and production in China has been heavily influenced by the rapid development of major industrial centres and cities, such as Beijing and Shanghai. Many traders believe that to make a quick dollar all you have to do is go to China and find the manufacturers of a well-known designer brands, asking them to produce an extra run for you. While this may be a good approach, you have to be very careful of which suppliers you are dealing with. There is also a so-called 'dark side of the moon'.
You may find it extremely difficult to find a genuine manufacturer of some of the highly respected designer brands, such as Lacoste, Ralph Lauren, Louis Vuitton, Prada , etc... There are more than thousands of 'underground' manufacturers throughout China and South East Asia that make illegal, counterfeited and fake versions of these products. While these products may be of a very good quality, in fact they are far away from the stringiest standards and procedures the original brands have in place.
If you happen to have bought a small or large lot of these goods - it is more than likely they will be stopped at customs border with full investigation being launched against you and the manufacturer. The fashion designer brands are now treating the matters of non-genuine articles very seriously. Because counterfeited products costs a lot of money, jobs and resources to the original manufacturer. You may even end up standing in court or pay a hefty fine. Surely, you don' want to get yourself into legal trouble...
Research your market. If you do not do a proper research you are likely to loose the money and time you have invested getting the products imported into your own country. You need to do a thorough research both online and offline to identify which products have higher saleability and which ones are not. Sometimes you don't have to invest a fortune! What counts is finding a highly convertible products that are now in demand.
So, where do you find good, wholesale Chinese suppliers? Usually reliable Chinese suppliers advertise in online directories and monthly catalogues. One of the largest, global online directory that I have come across has genuine, proven Chinese suppliers that can offer excellent products at reduced prices. These products have been proven to be selling well on online auctions as well as through stores.
The database of the Global Directory is updated every single day. Spend some time and see how the following directory can make your business sales go further.
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