What Is The Minimum Order Quantity To Import From China?

Most of the business companies are getting the benefits of China’s cheap price products and the reason is profit earned with this business. There are thousands small and medium-size enterprises gaining the most out of it but there are many challenges in this business. The first problem is regarding the product you are searching for because there is too much brainstorming required to do this thing. After choosing the right product you need to figure out the quantity required. This is the main challenge where most of the enterprises stuck. Manufacturers produce a Minimum Order Quantity (MOQ) and if you don’t need this amount of product then this is such a daunting issue. The MOQ vary with every manufacturer and this is the reason that you should search for the right manufacturer. On the other hand, there are some of the methods to lowering your MOQ with most of the manufactures.

How To Lower The Minimum Order Quantity?

You can get started with the help of every manufacturer but minimum order quality and quality is the only issue. You can find the perfect manufacture in terms of quality but what about quantity. Well, negotiation is the only thing which can help you out here. When you contact with a manufacturer on any B2B platform then you are able to check out MOQ and if this isn’t provided there, you should visit the official website of a manufacturer or consult them about it. If the minimum order quality offered by a manufacturer is little more than you need then this is the best time to negotiate. Most of the manufacturer works on quantity bases and if the product is costly then you can get money based orders. If you are searching for an LED manufacturer then you have ordered according to quantity but you are also able to get your product manufactured according to money. The minimum order quality isn’t the issue here. On the other hand, if you are negotiating and good in this thing then you can take them 20% down in MOQs.

Alternatives To Reduce MOQ

There is the solution for every problem in China and this thing also applies for minimum order quantity. If you willing to import 200 units of a toy and the manufacturer offers you 300 or more as MOQ so negotiation doesn’t work here. However, you are able to get 200 units from the same manufacturer by paying little more for every unit. This will give them more profit and these are orders take less time to complete so they will do this thing for you. Even chances of getting defected products also reduce here which is also beneficial for you. This is the best method but this method is less effective in terms of profit that’s why there is one more solution to earn good profit. You can increase order quantity and try negotiation for one more time. Try to increase by 20 to 30% in your order quantity and ask the manufacturer to reduce MOQ with the same percentage. This is the little bit tricky and if you are good in negotiation then you can get the perfect deal.

Ordering More Than One Products

If you are going to order 200 unit of a toy and the manufacturer doesn’t offer you this low amount then you can order for something else including this. If you try to order 200 unit of a toy and 100 units of another type of toy then you are able to place an order. But this is not for many importers because you will end up purchasing something which doesn’t have any demand. Well, if you don’t want to run into any trouble then make sure that you have back plans like choosing a product which is in demand and having a backup of another product which is also in demand. This method won’t reduce minimum order quantity but you are able to buy something which can be sold with ease. This is the good method to earn the profit and there are lots of manufacturers who are providing the single product that’s why you should go for another manufacturer to get variety and reduced MOQ.

Compare Them With Others To Reduce MOQ

This is the fun fact worldwide that if you compare one with another then you can get something which isn’t possible and this is the same thing here. If a manufacturer isn’t offering you the minimum order quantity as you want then tell them that their competitor is offering you reduced MOQ even in the same price. This will help but don’t use any other manufacturer name in front of them because they may know that such companies don’t reduce their MOQ. This is really helpful and most of the people use this trick to fool them to avail right quantity.

Get Pre-Made Products

If you place an order for manufacturing then you get fresh and new made products. Well, this thing matter in very few products that’s why if you buying something which has a stable demand is mostly pre-made. Many manufactures offer pre-made products at reasonable prices. You need to pay the reduced amount and the minimum order quantity for such product is negotiable in many ways.

Checking Out the Manufacturer On B2B Platforms

Manufacturers available on B2B platforms are able to sell you the need in reasonable price because such manufacturers have pre-made products. The minimum order quantity offered is very low and the price charged is also suitable to most of the importers. If you agree with the terms and condition of manufacturing including the MOQ then you can start working. Keep on working with a supplier or manufacturer will improve business relation. This will provide the convenience in reduced quantity and prices. In any condition, you aren’t able to get what you want then you should change the supplier or manufacturer. This is the only method to reduce minimum order quantity with ease.

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How Most of The Chinese Sourcing Companies Work?

E-commerce is the best business these days and the reason is that you are able to buy a product at cheap prices and then sell it way more. This is the reason that you need to hire the best sourcing company which can help in this thing. If you don’t know about any sourcing company then you can try sourcingbro.com and alleviate every issue you are facing. Most of the sourcing agents are located in Shenzhen and sourcingbro is also located at the same. You may know that Shenzhen is called as the main place for global trade and this is the only place which can provide you goods in high volume.

Main benefits

Basically, most of the sourcing agents are able to outsource thousands of products and this variety is the reason that you should contact such contractor. On the other hand, you are able to import and export goods with the help of sourcing agents and the other inspection of goods are the main reason. You can get to know more by this example that if you search for the manufacturer on Alibaba or Aliexpress then there is no guaranty that you are working with the right manufacturer. You have to pay advance and then the product will be after finalizing the payment. This means that you don’t get chances to inspect the product before payment and this is how most of the Chinese manufacturers are looting. The only method to get out of this issue is sourcing this work to an agent. As you know that there are lots of sourcing companies and all you need is to contact them. You can consult about the need and tell them that how much quality is required. This thing will take a couple of days to complete your order and then an inspection will be done by the company you have hired. Well, there is no other method which can save your money from getting waste.

Low Costing

Hiring a sourcing agent will find you the lowest costing manufacturer and then they will deal for the commission. You can get the best product in reasonable price. If you directly contact Chinese manufacturers then they can charge you 1 dollar for a product but there are chances that you will get defected products and whole profit will be eaten up with such defected products. On the other hand, sourcing companies will get the same manufacturer in 80 cents and they will charge you the commission on it. Now, you will get the same product little bit expensive but you can save your money from getting wasted on defected products. Probably, you get my point and the reason that why sourcing agents are used by large companies.

Well, choosing sourcing agent is really helpful in maintaining quality and your business with ease. All the work will be done by such companies and there is no need to worry about supply and inspection. Mostly inspection price is charged differently so make sure that you consult about it.

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What Is Alibaba Trade Assurance?

There are lots of B2B platforms available online which help you to meet with the best manufacturer available in china but no one is able to compete Alibaba. This is the most used marketplace which offers you all kind of product, from electronics to toys and clothing. Even you are able to find the best wood worker. This platform is mostly used by e-commerce business companies. Many novices start their business with the help of Alibaba but is it safe to work here? Well, you can consider the fact that you have to pay in advance and after that, you will be able to check the product. There are chances of fraud are high due to this rule that’s why this isn’t the safe method because there are no chances that a customer can get the refund. The thing which can help in this thing is Alibaba trade assurance and this is the safest method of trading on Alibaba. This service is provided by the Alibaba designers and basically, this is for people who are trying to work with a new manufacturer. Actually, this service is made to build the bonding and trust between customer and manufacturer.

Alibaba Trade Assurance – What Are eligibilities?

As you work with a new manufacturer or supplier and you aren’t satisfied with the product then you can get the complete refund under the terms and condition of Alibaba Trade Assurance. The customer must be eligible for the refund and eligibility is decided when the product quality doesn’t match the demand, the product delivery delay, and defected products. These are three basic issues and if you face any of these issues then you are able to get your money back. Now, the burning question is that how this system works? Well, there are manufacturers and suppliers on the Alibaba and people who have signed up on the Alibaba Trade Assurance policy will refund. Not every supplier is the member of this policy you can check it out before getting started. If you are a novice and searching for the best manufacturer then consider the suppliers who have signed up on this form.

Fee Charged For Alibaba Trade Assurance Services

Still now, there is no free charged for Alibaba Trade Assurance and this is said that it will be free. There is no need of paying fees by supplier and customer to get the benefit of this service. Well, there is no benefit of this service to suppliers but this is only for the assurance of customers. This is the reason that such suppliers and manufactures have more customers than normal. The risk with other companies is more that’s why try to avoid them as much as you can. There is a trade assurance logo on such companies and you can check it out whenever you shop on Alibaba. If you click on any of the assurance logos then you will get few more information regarding the manufacturer. Basically, it will tell you that how much amount can be assured. Most of the Supplier’s trade assurance limit is more than you trade value but if you are doing trade with more money so it can affect a little. If you get any issue then the trade money will be recovered according to limit.

What’s More To Do?

Checking the experience of company is really helpful because if you are trading with best company then that must be in the market for a couple of years. Now, when you trade then look for manufacturer with Alibaba Trade Assurance and make sure that you negotiate with the company. Now, complete your payment using Alibaba. The issue occurs with most of people even under this service is that they don’t get the claim for late delivery. Alibaba asks you to fill the forum in which you have to provide the date and if the product is delivered in that time period then there is no issue. However; if the delivery of product crosses deadline then you can ask for refund. You will get the refund in few days but this is surety that you will get your money back which wasn’t possible before.

Alibaba Trade Assurance has helped lots of people who are new in this business and when a novice get into this business then he/she follow some safety tips and don’t try to avoid these in hope of more profit. You may get your products manufactured in cheap price but faulty product will eat up your complete margin.

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Important Specifications About China Wholesale

Businessman prefers to import goods from other countries to sell them in the local market. This is also a fact that choosing the country for importing good is a difficult task. China is the country which is famous for manufacturing different products of good quality at very low prices. If you are going to start your new business then you should consider China to import the goods. This nation has the world largest manufacturing workforce and more and more countries are importing goods from this country. China wholesale market is the perfect option from where people can purchase goods at very low prices to sell them in their local market. There is large number of wholesalers exists in the market of this country and you need to choose a trustworthy one to import your desired quality of goods.  Importers can take advantage by dealing with wholesalers instead of the manufacturers or suppliers.

Benefits of importing goods from wholesalers

There is different number of things which make your task easier while importing the goods from the wholesalers. You should know about the fact that when they buy goods directly from the manufacturers then they have to deal with a bulk quantity. Most of the time you don’t need the huge quantity of products and then you have to struggle more. In this situation, wholesalers play an important role in providing the goods according to the requirements of importers. People also don’t need to face any problems or to compromise for buying the large quantities of goods.  China wholesale market is more viable for the small businessmen who want to buy the products in small quantity. In addition to this, there are many more benefits which a small businessman can enjoy while dealing with the wholesale marketers.

Key facts regarding wholesale market

When you are going to deal with the China wholesale market then there are many vital facts which you need to consider. The big problem which is faced by most of the importers is that many wholesalers don’t have a license of export goods. In such case, foreign buyers have to face a lot of problems which also create troubles for them while importing goods. They can eliminate these problems by finding the wholesaler with a license of export goods. By doing this, they don’t need to struggle with any complications and they can easily buy the products with good quality at low rates. Most of the people have a myth that purchasing goods from the trading company and from the wholesale market is same but it is absolutely wrong. There is a lot of difference between a trading company and wholesalers which you should need to know to understand the facts about importing goods from them.

Moving further, China wholesale market is the best platform for the small businessmen to import the different types of goods. They also don’t need to hire any sourcing company for this which also reduce their cost and leads to the more revenues in their business.

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http://www.chinafurnished.com/china-wholesale/

Reasons That You Need To Consider Import Tax Before Importing Something

You must be amazed to know the fact that everyone is getting interested in import from China and the reason is profit but do you know that there is import tax which can eat up the whole profit. Well, there are many things to know before getting started with import business. In order to know more, you can check out the import tax and there are many types of taxes charged under it. First of all, you need to do a little brainstorming and find the best product which can be sold at higher prices.

Products in demand are always the first priority. Now, contact with a manufacturer or supplier in China and ask the minimum price. Calculate the tax on product and come up with the basic amount which will be charged as the minimum. This thing will help you know that how much price can be charged to the customer. Is there any profit and if yes, then how much, is some questions to make sure.

Importing Goods At Lowest Price

The minimum price charged by the manufacturer and the tax by the government will matter a lot on your profit. If you are importing something in the USA from China then you will be charged after the 200$ customs value. Well, this is the first tax you have to pay for sure but there are few more types of taxes. Informal imports don’t require any kind of any information but if you are importing goods for commercial purpose then you have to explain and clear it on the import. The import tax is charged on commercial things that’s why you should know about the product you are going to import. If you want to avoid such taxes then you can do it by purchasing lower cost products.

if you are importing something which cost 2 dollars but you have 1000 pieces then the total price is 2000 dollars which are legal under informal imports and you don’t have to mention it in the invoice. On the other hand, the import f same product over 2000$ requires clearance in the invoice.  There are many import tax calculator available online and you can check out the costing by filling the information.

Fees Charged On Import

There are many types of taxes and fees charged on imports and this thing doesn’t matter that you have done formal import or informal one. First of all you have to pay import entry fee and then merchandise process fee. Make sure that you clear everything properly invoices because there is fine charged while getting caught doing a fraud by not mentioning anything. As you are going to resell these products this is why you have to calculate the taxes. VAT is additional and this isn’t charged on import in some countries like the USA so you should check it out. Now, you know that import tax decides that how much profit you are going to earn. If you are paying less tax then you are able to get more margins.

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Things Need To Know About Products Made In China

Everyone knows that China is well known among the people from all over the world for the manufacturing of products. In China, every type of products gets manufactured and also exports to the other countries. Products made in China are of good quality and their cost is also very less and a common businessman can earn high profits by selling them in their local market. There are many countries in which people want to import goods due to their low prices and then they are also earning revenues on them. When we talk about importing goods then we should have some knowledge about some of the manufacturing companies in China. By this, it also becomes easy for us to deal with them because most of the companies which we find online are spam or don’t provide good quality products.

More about manufacturing of goods in China

A businessman can find the best manufacturing companies in China but I require a lot of efforts and time. People have to spend more time to find the companies and there is also no surety about the quality of products. There are many risks present but people can easily ignore them by hiring a sourcing company which works as a mediator between the importer and a manufacturer. With the help of this company, importers don’t need to waste their time as well as money for searching the companies or to manage their projects. By hiring such companies you can easily import the Products made in China without facing the issue of the documentation of import and export.  Such companies also provide you best manufacture and with the help of them, you can easily get the best quality products at low rates.

How to find the best Products made in China?

When you want to start your business then, first of all, you have to decide the buyers from where you can purchase the goods. Most of the people consider importing goods from China and this is also very beneficial for their business. This is not easy but it also provides the huge amount of profit for your business. By importing Products made in China enable you to earn more profit by selling them into your local market. The main problem which caused due to importing is to find a trustworthy manufacturer and to deal with them. With the help of online sources, you can’t find the reliable company which suits your requirements and needs. For this, you have to take assistance from the sourcing companies and agents which work on your behalf.

Moving further, People should try to find the best sourcing company to make their importing process safe and secure. With the help of such companies, you also don’t need to worry about the management of projects, price negotiation, and quality of the products. They provide you everything in a perfect manner and also according to your desire that’s why people always want to hire them while importing goods.

 

 

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What Is Canton Fair China?

China, the topmost leading country in manufacturing everything, is known worldwide and there thousands of product variety is available in China. This is the only country which is exporting this much product to the globe. Every year, there is a fair organized called as Canton Fair. This Canton Fair China was started in 1957 of spring which is all about import and export fair. This fair is also known as with different name called as Chinese export commodities fair and most of the Chinese manufacturers try to show their best in it. This fair is held two times in the year and basically, it is held in two main seasons. Basically, this fair held once in the spring season and second one in autumn season in China that’s why most of the importers participate in it to check out the qualities of most of the manufacturer. Canton Fair China is the place of attraction for many people and mostly this is all about money so importers and exporters, both take interest in it.

Canton Fair China –The Best Exhibition Place

In order to get participation in this fair as an exhibitor, there are many things required as an exhibitor. Most of the people think that everyone can install a stall in the exhibition but this isn’t that simple because there are very strict rules to participate. Basically, exporter enterprises are not able to get into this thing and exhibit. There are lots of enterprises which are running without the even license but non-legit enterprises are not able to participate. All the enterprises must be approved by the law and rules. The enterprise must have the right to import and export. The minimum requirement of export is decided in the fair and it depends on many things. there are many regions in China and you each one is decided according to eligibility of exporting. This is all about booth trading and it matters a lot in growing business. You can visit it as a buyer and attend it. even anyone can attend it but there are many things you should consider while looking at any company’s exhibition. These companies are working under laws and rules so this is impossible to get the minimum price as you were guessing.

What Are The Accommodations?

In such days, if you visit China, you won’t be able to get the hotel at the reasonable price because of this fair. The prices charged is doubled or more in this period. Well, these things apart, if you want to buy something in the fair then you need the couple of things to register. First of all, you need passport and visa with the validity period. A business card is the second and import thing. well, if you have an invitation to join canton fair china then you have to pay 100RPM. You are given a badge to enter and if you are willing to visit it again then you can keep it for the next time.

 

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