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Apr 05, 2024 6 Minutes ReadThe Strategic Advantages of Direct Sourcing from China’s Factories Buying directly from Chinese factories presents significant benefits, from lower purchasing costs to increased control over product selection and quality. It opens up a world of possibilities by connecting businesses with a wide array of new suppliers and products. Direct sourcing reduces response times and gives businesses control over pricing, product specifications, and packaging, ensuring more transparency in the process. Moreover, it offers a realistic perspective on quality and avoids issues with stock shortages or discontinuations. By bypassing intermediaries, companies can compete more effectively in pricing and innovate within their markets. This infographic highlights the advantages of direct sourcing from Chinese factories, including lower costs, enhanced control over product quality and specifications, and the elimination of intermediaries for better pricing and innovation. Factory direct buying seems to be all the rage now. Google metrics alone show a 900% increase in the occurrence of “factory direct sale” being searched in 2024 compared to last year. To buy straight from the manufacturer makes a lot of sense now. With rise of Alibaba, Amazon and all these huge, far-reaching platforms, selling factory direct online products is now fairly easy. If you...
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Apr 01, 2024 4 Minutes ReadSourcing agents facilitate international trade by intermediaries between businesses seeking products and manufacturers or suppliers. They assist companies in identifying and connecting with suitable suppliers who can provide the desired products at competitive prices. Given the robust market of China, Chinese wholesale suppliers are essential components of the global supply chain, offering a wide range of goods. They ensure that businesses have access to diverse quality products, making international trade more accessible and efficient for companies worldwide. TRANSCRIPT OF INFOGRAPHICS 6 Benefits of Chinese wholesale suppliers #1 Advantage of Chinese Suppliers Lower purchasing costs lead to competitive prices, making bulk purchasing cost-effective for businesses. #2 Advantage of Buying Wholesale from China China manufacturing capabilities span product ranges, uses and materials. Wholesalers are a one-stop purchasing opportunity for importers with a need for a diverse range of products spanning industries. #3 Advantage of Wholesalers for SMEs They cater to various types and sizes of businesses. SMEs dealing in retail, online sales, or distributorship can certainly take advantage of the lower MOQs. Importers can adapt to demand, and lower inventory costs whith a more flexible source such as wholesale companies in China. #4 Advantage of Bulk Orders China’s skilled labour and advanced...
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Mar 08, 2024 7 Minutes ReadToday, we focus on sourcing steps when buying from China. We know how difficult it can be for import startups, local buyers seeking to outsource manufacturing and young entrepreneurs to get familiar with global sourcing. Buying wholesale from China not only requires planification, funds and a sales outlet. Many times over, we have been asked what IncoTerms mean, or how to handle customs clearance for goods made in China. Whether you import from China, Turkey or any other country, understanding the sourcing steps is the cornerstone to the success of your purchasing wholesale from China. Reach Out to Sourcing Companies Your first step is to contact a reliable sourcing company. They can make your buying process stress-free. You can get all the information on a single platform and reach out to the market anytime, anywhere, without visiting China for research purposes. This can save you a lot of time, energy, and money taken for visiting Chinese factories and negotiating with suppliers. Reach the Market by Visiting Factories and Manufacturers Physically visiting manufacturers and factories can be time-consuming, but it will allow you to identify the products and negotiate with the suppliers. Buying wholesale products from China directly from the...
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Jul 10, 2023 3 Minutes ReadIn today’s globalized economy, sourcing companies play a pivotal role in connecting international buyers with manufacturers worldwide. Among these sourcing hubs, China stands out as the largest manufacturer globally, offering a vast array of products at competitive prices and a well-oiled procurement network. Sourcing companies act as intermediaries between importers and manufacturers or wholesalers. They not only facilitate the procurement process, but also help buyers implement buying strategies (aka supply chain risk management). Because China holds a prominent position as the world’s factory, seeking a Chinese sourcing agent is considered the best path to least resistance. Working alongside a China sourcing company offers the remarkable advantage of tapping into an extensive network of manufacturers and suppliers. The country’s robust manufacturing infrastructure, skilled workforce, and dense logistics network are a delight for overseas importers. By collaborating with sourcing companies, wholesalers and brands can focus their efforts on core business functions, such as marketing, sales, and brand development. Outsourcing manufacturing of electronics, textile, mechanical parts or plastic parts to a specialist of the sourcing process usually leads to an increase in efficiency, a wider reach and overall edge over the competition. Furthermore, sourcing companies assist businesses in achieving...
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Nov 23, 2022 12 Minutes ReadNotwithstanding COVID-19 preventive actions, coupled with a low consumption for the last year, China is still the go to destination for buying wholesale globally. Whether foreign buyers seek low-cost made in China, or competitive advantage over their local competitors, or even an improved economies of scale, Chinese wholesalers help import businesses to maintain a profitability overall. While the margins offered by low end products are reducing due to the increase in workforce wages and stricter regulations, there is still a lot to do with middle-end and high-end Chinese wholesalers. Today’s workshops and factories have never been as well-managed and equipped. Export companies in China have gathered a great amount of knowledge about products, international standards, and foreign business habits. In a nutshell, Chinese wholesalers have come a long way when looking 30 years back. Nowadays, the challenges when dealing with importing wholesale from China are for example the sheer number of so-called “wholesalers”, “exporters”, and “trading-companies”. This alone can feel overwhelming even to a seasoned buyer. So, together, let’s see what China wholesale strategy may work for your business. Step 1 : Finding the right Chinese Wholesale Company “A chain is no stronger than its weakest link” makes a lot...
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