Welcome to Wholesale Forum.com



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 |
-
24 Mar 2011 06:00 AM #1
Importing from China to the UK - How do I prepare?
I’ve a market stall and got the idea to start importing from China as it seems to be the way to go. I did a bit of research here and there but wanted to post on this site for some feedback from others in the business.
Basically, I want to know everything I need to do/think about to prepare for such a venture. Any ideas?Want To Be An eBay Powerseller?This is the Service You Need.
-
- Join Date
- Dec 2010
- Location
-
- United Kingdom
- Posts
- 173
- Thanks
- 1
- Thanked
- 5 Times in 5 Posts
24 Mar 2011 06:50 AM #2Your first time importing from China will require much research, so it’s a good you’re doing that and not just in one place. It’s so easy to get caught up in the excitement of it all and forget that not addressing even the tiniest bit is a risk you cannot afford.
I’ve been successfully importing for a couple years now and have found the following to be a good guideline to start with:
Research your product
• Check the market to make sure there is a demand for what you want to sell.
• Get information about the export market for the product in China.
• Ask every possible detail you can think of.
• Get other opinions or check sourcing publications.
Find a reputable supplier
• Browse companies. Double check their contact info and whether or not they have a proper domain name for their website.
• Make sure the company is registered with their local government.
• Search for testimonials from others in the business.
• Ask retailers who sell your desired product who they use.
• Contact any manufacturers that interest you and be prepared to give them every detail of your business plan. They’ll want to know to take you seriously, as they get flooded with emails and calls from potential partners that end up going nowhere.
• Find out about the company’s warranty policy, payment and shipment options, the dimensions and total weight of goods.
Dealing with your chosen factory
• Hire an honest translator when discussing any terms with manufacturers. Communication is key.
• Get any samples of your product that you can. Be specific when ordering samples so it’ll be as close to the real thing as possible.
• Visit the factory. Legitimate companies with good management will be happy to show you around. Ask the right questions.
• If you can’t visit, hire a third party inspection company to represent you.
• Hiring a third party inspection company is typically worth the money regardless, as they oversee entire production, maintaining your desired quality control until your shipment is ready to go. They also understand the language and business culture of China.
Delivery
• Figure out a shipment plan. Consulting a freight forwarder can give you some estimates.
• Calculating your shipment costs before you put an order in with a factory is the best way to get a fair price. Plus, you’ll know what questions to ask and how to better answer any of theirs.
Estimate total prospective costs
• Have an idea of what everything is going to cost you before you begin.
A good thing to keep in mind is “you get what you pay for.” If you want to go super cheap, expect that to show in the quality of your product.
And remember—anything that sounds too good to be true, probably is.Over 150,000 Verified Sources + Deals 95% Off MSRP + Free Website!
-
Thank you for this post:
Surlink (29 Jun 2012)
-
28 Mar 2011 12:48 AM #3
This is pretty much everything you need to think about when planning a start in importing. I would only add that having a list of general standards you want to adhere to no matter what, can help you as you go along. Standards for product quality, payment, general business practice, etc.
I’ve been in it for a bit myself and wish I’d started a general course of action to follow that I could update as I went along.
-
-
- Join Date
- Feb 2011
- Location
-
- China
- Posts
- 8
- Thanks
- 1
- Thanked
- 1 Time in 1 Post
Rated this thread:
02 Apr 2011 12:58 AM #5Aboard business looks complicated, but another face is simple also.
Buy those goods can bring profit for you. and understand risk and benefit are twins always.
Find correct man is the key for business. and others are just floating cloud.
-
02 Apr 2011 06:05 AM #6
Above mentioned pretty enough for what you should think about before starting a importing from China. What I want to mentioned is about shipping and logistics. When you place a enquiry for your supplier,trading terms should be noted, EXW ,FOB,C&F,etc, shipping charges on who's account will be involved in. For a small stall like you have at the beginning, choosing a shipping agent in China will low your transportion cost than choosing one in your end, I think.
-
05 Oct 2011 04:22 AM #7
You'd better find the real manufacturer from China , from which you will get a much better prcie and will save you a lot of money.
-
16 Jun 2012 10:05 AM #8
choosing the right Companies to work with I think is the best way forward.
Good Luck.
-
- Join Date
- Jun 2012
- Location
-
- United Kingdom
- Posts
- 24
- Thanks
- 10
- Thanked
- 0 Times in 0 Posts
Rated this thread:
Got something to say? Sign up now and join the discussions.
Tags for this Thread
Similar Threads
-
Importing Toys from China into the UK - EU Regulations when importing low quantities
By Asad2237 in forum Import & Export DiscussionReplies: 4Last Post: 25 Sep 2012, 11:30 PM -
Importing Electric bikes from China to the UK
By Carzzzz in forum Import & Export DiscussionReplies: 10Last Post: 23 Jul 2012, 02:59 AM -
Importing toys from China – UK standards
By 12snakes in forum Safe Trading Advice & Due Diligence DiscussionReplies: 16Last Post: 03 Mar 2011, 07:56 AM -
UK – Importing Electronics from China with Minimal Risk
By GuitarChris in forum Safe Trading Advice & Due Diligence DiscussionReplies: 5Last Post: 29 Mar 2011, 05:45 AM -
Import duties, customs and taxes when importing into the UK from China
By alber in forum Import & Export DiscussionReplies: 0Last Post: 22 Dec 2011, 04:07 AM -
UK Importing furniture from China - Rules, Regulations and tax implications
By OnlineHound in forum China Product Sourcing & ImportingReplies: 8Last Post: 09 May 2012, 05:30 AM -
Importing mobile phones & laptop accessories from China to UK
By rafiqul in forum Import & Export DiscussionReplies: 3Last Post: 23 Aug 2012, 10:02 PM