China is all about buying bulk,
so when the importers approach the vendors with the small quantities
requirements, they often have to face lots of challenges and hurdles. Because,
obliviously, the name Chinese Wholesale Market isn’t just for the sake of giving
Chinese Market a name. The whole business policy works on offering importers
large volumes of the product made in the Chinese factories in bulk.
What often becomes extremely
challenging is keeping up with the minimum order quantity and the product certification
testing demands investment of thousands of dollars, to say the least. No, the
story does not end here; even the mega-corporations and big businesses have to
face difficulty maintaining a decent profit margin.
Today in this blog, the virtuosos
of the leading Product Sourcing Agent from China have put together certain pointers that you must keep track of
and in mind if you want to have a successful small quantity goods import from
Chinese market without compromising your own profit margins.
Don’t Flock To Ali Express: Even if you are buying small quantities
that aren’t fulfilling the minimum order quantity, you need to stick to the
Chinese Manufacturers. Though you cannot buy a full range of products you had
in mind, you sure can buy one or two. Make sure these are the products that you
know will face a maximum sale.
Avoid Buying These Products: When you are looking forward to buying
small quantities from the Chinese wholesale market, steer clear of these
product categories,
- Electronics
- Toys
- Cosmetics
- Chemical Products
The reason?
These are the certain product
categories which are primarily made for the domestic Chinese market and are
often not in compliance with the US and EU product certification requirements.
The import of products not meeting
the certification requirements is unauthorized and illegal and may be
confiscated by the customs authorities.
How to Meet the Minimum Order Quantity: This is one of the major
issues that small volume importers have to face. The Chinese product manufacturers
keep a Minimum Order Quantity of 500 to 1000 pieces per product which is
considerable for the small volume importers if it would’ve been for the total
order.
But it isn’t.
When 500 pieces per product X Different products in various shapes
and colors = Enormous Minimum Order
Quantity
And, no matter what the Chinese
product manufacturers will not at any cost reduce the MOQ requirement, no
negotiation on this front.
Then, what needs to be done?
So, what small volume importers
can do to meet the MOQ requirements as per the leading Import Agent China is to simplify the usage of the product
components and materials, meaning that they should strive for variation by
putting in use the same component and material again and again.
Brand Your Product: All China
Products Wholesale Agents though suggest the buyers to completely steer
clear of the customized products, branding your own product are one of the key
factors of this whole strategy. Though it will take a brand to pick up
recognition a long time, it will surely add value to their business. A brand
will give a product and the company behind it an identity.
But, won’t a logo cost tons of
money?
No, it will not! Branding your
product doesn’t have to be a full blow glossy and shiny packaging, a simple
printed logo on the product will suffice. The Chinese suppliers don’t ask for
more than a few cents to print your own brand logo on the products they are
supplying.
For more information in this
regard, you can reach the top China
Import Agent, Import
Agents China.
Comments
Post a Comment