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    1. dooyoo is offline

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      #1

      Chinese Wholesale Market Information - Is there a better place than Yiwu Market?

      Hi there,

      I have an idea to go to Yiwu market and maybe some other ones near Shanghai. But I am interested in buying about 50 different products on average about 30 pieces of each. Is that something I could do in Yiwu?

      I am thinking about going to Yiwu wholesale market, pay cash and get the merchandise (30psc. quantity) right away, and then send it to agentís warehouse. Or maybe there is a better place to do something like that?

      Please give advice!!!

      Thank you,

      Lauris
      Over 150,000 Verified Sources + Deals 95% Off MSRP + Free Website!

    2. John091 is offline

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      #2
      30pcs is a really small quantity, YiWu is the best place you can go, but travel costs would influence your unit cost too much to justify the trip for such a low quantity. You'd better find an agent to work for you to save your cost.
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    3. JohnW is offline

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      #3
      I think you can find some products on the Internet and have them shipped to the UK. It will be much cheaper than flying to China. Most of the suppliers actually are willing to send some samples as long as you pay the shipping cost. There are more products on the Internet than in Yiwu. I had someone send me samples in the past, though I had not started my business at the time.

    4. experience is offline

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      #4

      Quote:

      Originally Posted by dooyoo View Post
      Hi there,

      I have an idea to go to Yiwu market and maybe some other ones near Shanghai. But I am interested in buying about 50 different products on average about 30 pieces of each. Is that something I could do in Yiwu?

      I am thinking about going to Yiwu wholesale market, pay cash and get the merchandise (30psc. quantity) right away, and then send it to agentís warehouse. Or maybe there is a better place to do something like that?

      Please give advice!!!

      Thank you,

      Lauris
      Hi lauris,

      The Yiwu market is vast and you would need several days to even scratch the surface. As JohnW points out, travel costs would be too high considering the small quantities you want to buy.

      You can buy from the suppliers at Yiwu by using the Yiwu market website, operated by CCC Group, but there are a few reasons I would not consider that.

      Firstly, you will certainly pay more than you would if you bought direct from the manufacturers. CCC add a margin, which obviously reduces your profits.

      Secondly, many stallholders have no English, and problems can arise in relation to descriptions, specifications, packaging, etc. CCC say they handle that for you, but with thousands of small transactions taking place daily, chances are that such problems will not receive much attention.

      Thirdly, product illustrations are not good and it can be a bit of a lottery as to whether the real product will look the way you expect it to.

      I have visited markets in China, and I would much prefer to deal on a one to one basis with manufacturers. I teach how to ensure that they are real manufacturers and how to order small quantities even though they may quote big MOQs.

      One of the good things about dealing with the factory for small orders (apart from getting the best prices) is that they ship out so many orders that they have good freight rates from air couriers, so you get your goods fast and do not have to worry about the freight side of things. The couriers will also handle the Customs work for you.
      To learn safe overseas sourcing and how to buy small (or large) quantities at best prices see→ http://provenchinasourcing.comLearn to find genuine manufacturers and negotiate small orders at prices way below what wholesalers charge. Written after my health enforced retirement and provides insider information from veteran with experience exporting 1978-1987 importing since 1987 Learn to import the easy way

    5. dooyoo is offline

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      #5
      Well. My order will be from 10k-15k within 5 to 15 products.

      I think even if I go to factories, and spend extra days in China I will have to pay for hotel, translator travel, even that 10-20% that I will save might not cover the expense, unless then I keep dealing with them, but I do not see it happening for next 2 years. This will be my first trip and I want variety to see what sells and what not.

    6. experience is offline

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      #6

      Quote:

      Originally Posted by dooyoo View Post
      Well. My order will be from 10k-15k within 5 to 15 products.

      I think even if I go to factories, and spend extra days in China I will have to pay for hotel, translator travel, even that 10-20% that I will save might not cover the expense, unless then I keep dealing with them, but I do not see it happening for next 2 years. This will be my first trip and I want variety to see what sells and what not.
      The quantities you are now referring to certainly make a visit to China worthwhile, but I would not be going to Yiwu market to find them. There are other places where you can find a vast range of products in one place, in much easier circumstances than exist at Yiwu. Also, you would be able to do some preliminary research, and even contact suppliers prior to going and that is very difficult to do if going to Yiwu.

      You would not need a translator to visit the permanent exhibitions I am referring to. I have never needed a translator for my many buying visits to China beginning in 1987, although when exporting to China from 1978 to 1987 I was forced to use a translator because my customers would not use English. That was because using a translator puts you at a disadvantage in negotiations.

      As for the extra 10-20% saving, you are not aiming high enough. Many of my book readers are now making profit margins that they never dreamed were possible.

      If you choose to let me know what product categories you are interested in, I could be more specific. Rest assured that I have no interest in marketing any products from China. I ran an importing business for 22 years before my health enforced retirement, and I am not able to do it any longer.

      In order to keep it confidential, you may like to PM me.
      To learn safe overseas sourcing and how to buy small (or large) quantities at best prices see→ http://provenchinasourcing.comLearn to find genuine manufacturers and negotiate small orders at prices way below what wholesalers charge. Written after my health enforced retirement and provides insider information from veteran with experience exporting 1978-1987 importing since 1987 Learn to import the easy way

    7. GoYum Ceramic is offline

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      #7
      Hello,

      If you list the products you want to buy, I may give you the advise for you to buy them in a way to save some money. Many of the products showed in the Yiwu market are gathered from many other cities in China.

      Ceramic tableware is full in our dailylife! Hotel,restaurant,home,company,etc.

    8. donald81 is offline

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      #8
      There are so many factories getting orders directly from either brands or agents, so the most profit would go to the direct order issuers. Unless you are willing to give orders, sourcing for the right niche with big demand would be the quickest. Hope this helps.

    9. Anna Jacku is offline

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      #9
      Yiwu, the wholesale center of small commodity (mainly cheaper products) is not the only wholesale market in China. Guangzhou Xijiao is also a good choice. You can enjoy the same prices are Yiwu, but you can order in smaller quantities. Xijiao mainly manages some of the high-end brands, so if you want to make your orders finished by the factory, it is advised that you find some factories in Dongguan (like OEM, EDM). All depends on what your location is.

    10. experience is offline

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      #10
      Even if a buyer intends visiting China, it is important to do homework first.

      Once you have completed normal due diligence, and have communicated with the suppliers that appear to be the most suitable, the next step would be to obtain samples from them.

      If everything goes smoothly to that point, you might then consider visiting several of those potential suppliers.

      Markets are not a good place to source regular supplies, and can be difficult places for a Westerner to do business.
      To learn safe overseas sourcing and how to buy small (or large) quantities at best prices see→ http://provenchinasourcing.comLearn to find genuine manufacturers and negotiate small orders at prices way below what wholesalers charge. Written after my health enforced retirement and provides insider information from veteran with experience exporting 1978-1987 importing since 1987 Learn to import the easy way

    11. Thank you for this post:

      wholesaleshare (27 Aug 2019)

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