Welcome to the WholesaleForum.com! Sign in or Register Free to benefit from our full range of free services

Welcome to Wholesale Forum.comWelcome ToWholesale Forum.comFind wholesale buyerstrade buyers and wholesale offers free

For Buyers

Wholesale Forum is the fastest growing online business community dedicated to retailers, auction sellers, surplus and overstock buyers needing a quick and safe solution for sourcing trade stock. Join our free and friendly forums today and gain knowledge, offer your advice, and discover new partnership opportunities:

For Suppliers

For wholesalers, dropshippers, manufacturers, distributors and trade services providers. Advertise your business today on WholesaleForum.com for free to reach potential trade buyers on a more personal level. Promote your latest offers, interact with buyers in real time, distinguish yourself as an expert in your field, and attract sales instantly.

Sign up now More benefits for Buyers
Sign up now More benefits for Suppliers
Post Reply
Page 1 of 2 1 2 LastLast
    1. GimleysGrim23 is offline

      Join Date
      Jun 2010
      Location
      United States
      United States
      Posts
      8
      Thanks
      0
      Thanked
      1 Time in 1 Post
      #1

      Chinese Importing Risks - How to minimize my risk

      I own a hat and hair accessories store in Miami, Florida. I would like to purchase products from China in bulk because of the unbeatable prices, but I'd like to know about the risks of importing from China before I step into that arena.
      Want To Be An eBay Powerseller?
      This is the Service You Need.

    2. Thank you for this post:

      Jane Jason (17 Sep 2012)

    3. Robin_texas is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      166
      Thanks
      0
      Thanked
      7 Times in 7 Posts
      #2
      Here are some tips to minimize your risks for importing goods from China.

      • Obtain and review product samples for quality. When placing the purchase order, include as many details as possible.

      • After you find a supplier, plan a factory visit and inspection to meet the management team and check if the factory complies with regulations. If you are unable to travel, consider appointing a local agent to inspect the factory on your behalf.

      • You should have an approximate estimate of the landing cost, i.e., "import to destination" cost, before placing your order with an import supplier in China. Landing cost is the sum of: cost of the goods up to loading on the transport, transport costs, import duties, and cost of service providers (inspections, agents, etc.)

      • If you don't understand the Chinese language, you may need to hire a trusted translator. It can be very daunting to try to negotiate complex business issues when communication is so difficult. Language can be a strong barrier between you and the Chinese companies.

      • Visiting import shows and international trade fairs is a good way to meet potential import suppliers in person.

      • You should understand the relevant import compliance regulations before placing your order. Failure to fulfill customs compliance can be very costly. It may significantly delay customs clearance and force you to pay high and unexpected customs taxes. Consult a good customs house broker before placing any order.

      • Many Chinese wholesalers will only accept Western Union and wire transfer payments. Since these are not secure payment options, purchase a small shipment of goods from your new supplier to minimize your risk of losing too much money.
      Over 150,000 Verified Sources + Deals 95% Off MSRP + Free Website!

    4. GimleysGrim23 is offline

      Join Date
      Jun 2010
      Location
      United States
      United States
      Posts
      8
      Thanks
      0
      Thanked
      1 Time in 1 Post
      #3
      Thanks for the tips. Can you also tell me how I can find information about legitimate suppliers and products I wish to import from China?

    5. Robin_texas is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      166
      Thanks
      0
      Thanked
      7 Times in 7 Posts
      #4
      The easiest way to find information about how to import from China is to ask questions on this forum. You can use the forum to discuss the latest in demand products, importing, wholesale suppliers, safe trading, and more.

      Besides understanding the market, you should learn about the manufacturers and suppliers of the product in China. There are web listing services that will enable you to register your username, post the products of your interest, and receive product supply information. You can also ask service providers and buyers about certain suppliers.

    6. Peshawarn00b is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      20
      Thanks
      1
      Thanked
      0 Times in 0 Posts
      #5
      I own a small toy business located in Atlanta, Georgia. China makes many unique toys that I want to import to the US. I am in the process of creating a list of questions to ask potential suppliers located in China. Can anyone give me a few ideas?

    7. Robin_texas is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      166
      Thanks
      0
      Thanked
      7 Times in 7 Posts
      #6
      You should discuss the price, shipping and payment terms with potential suppliers. You also need to know if the products or toys you receive are licensed and genuine. Do not order counterfeit or branded toys unless the supplier can prove they are an authorized reseller.

      You should also ask suppliers how long they have been in business, which companies they manufacture for, and what trade shows they attend. Check and confirm all of the information given to you to the fullest extent. Here is a list of possible questions:

      • Do you have a minimum order amount?
      • Do you have any samples or a demonstration of the product?
      • How much is charged for technical support?
      • Does the supplier provide consultancy and, if so, at what rates?
      • What happens if I decide to cancel this project?
      • How do you handle returns and refunds on damaged or malfunctioning products?

    8. HagarFences is offline

      Join Date
      Jul 2010
      Location
      United States
      United States
      Posts
      30
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #7
      I have purchased toys from China suppliers in the past. I find that a lot of the brand-name goods that come from China are either replicas or fakes so don't be too surprised if the quality is not the best.

    9. Ibexx0r is offline

      Join Date
      Jun 2010
      Location
      United States
      United States
      Posts
      21
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #8
      Do not buy Chinese products already branded with a company’s label. These products are likely to be counterfeit. Instead, buy unlabeled products and brand your own products that you import from China with your own unique company design.

    10. JeffreyM is offline

      Join Date
      Nov 2010
      Location
      United States
      United States
      Posts
      22
      Thanks
      0
      Thanked
      0 Times in 0 Posts
      #9
      You should also be very familiar with international trade laws if you plan to import toys or goods from China. You must know what regulations have to be followed and what all the US allows for imported toys. Americans have experienced problems with imported toys from China, so you need to be extra careful. If possible, take a trip to China and seek out toy merchants with the safest and highest quality toys. If you cannot go to China, you may want to hire an agent that lives in China to find the toys and send you a report on the quality issue.

    11. Robin_texas is offline

      Join Date
      Aug 2010
      Location
      United States
      United States
      Posts
      166
      Thanks
      0
      Thanked
      7 Times in 7 Posts
      #10
      That's a good point. Any goods that do not meet US requirements can be stopped at the border. Don't take an agent's or supplier's word that the requirements are being met. Check the Customs and Border Patrol website (CBP.gov - home page) to see if your product is restricted or prohibited.

      All items coming into the United States is subject to a Customs duty unless specifically exempted by law. Imported goods may not legally enter US commerce until the shipment has arrived within the port of entry and Customs has authorized delivery of the item. The appropriate documents should be filled out by either by the importer or by the importer's agent.

      The US Customs and Border Protection and other government authorities such as USDA and FDA also regulate importation. You can visit the below links for more information on USDA and FDA importing and exporting regulations.

      USDA Website: USDA - APHIS - Import and Exports

      FDA Website: Import Program

Sign Up Now

Got something to say? Sign up now and join the discussions.

Post Reply
Page 1 of 2 1 2 LastLast

Tags for this Thread

Similar Threads

  1. Plan for the worst to minimize risk
    By wholesaleinsight in forum Business Articles & Resources
    Replies: 0
    Last Post: 11 May 2011, 01:22 AM
  2. What are the risks with Chinese suppliers?
    By Ginni in forum Safe Trading Advice & Due Diligence Discussion
    Replies: 5
    Last Post: 02 Apr 2011, 03:17 AM
  3. Qualifying Chinese Suppliers How to Avoid Risks
    By likemoney in forum Safe Trading Advice & Due Diligence Discussion
    Replies: 3
    Last Post: 29 Mar 2011, 05:58 AM
  4. Risks of importing electronics to the US from China
    By Paul9876 in forum Safe Trading Advice & Due Diligence Discussion
    Replies: 2
    Last Post: 22 Mar 2011, 02:19 AM
  5. Getting a shipping agent - Lowering Risk of Importing
    By uber789 in forum Shipping & Shipping Documents Discussion
    Replies: 6
    Last Post: 02 Apr 2011, 05:36 AM
  6. UK Importing Electronics from China with Minimal Risk
    By GuitarChris in forum Safe Trading Advice & Due Diligence Discussion
    Replies: 5
    Last Post: 29 Mar 2011, 05:45 AM
  7. Restrictions on importing Chinese herbs
    By Lamisskay in forum Import & Export Discussion
    Replies: 2
    Last Post: 02 Feb 2011, 07:04 AM
  8. Replies: 7
    Last Post: 25 Feb 2011, 06:57 AM
  9. Chinese Fireworks Suppliers - Importing fireworks from China to the UK
    By thekeusfamily in forum Wholesale Discussion
    Replies: 1
    Last Post: 27 Sep 2011, 10:10 AM

My Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
All times are GMT -4. The time now is 06:32 PM. - Fixed Width