How to Start Import Business with China

You can easily join the import business by buying products from the Chinese market. Demand for Chinese products is high throughout the world due to the cheap price. There are a variety of different products, from jewelry to various products.

  1. First decide which product you want to buy at a wholesale rate. The product you are looking to buy be sure to specify the type of service. Take a tour online to see if there are reviews. In the current situation in the Chinese import-export business, refrain from buying any baby products at this time. Select a product that you would be comfortable.

  2. Do some research on your own. As you handle the purchase of commodities remotely, find out the details of the economy and transportation system of the company that is already selected.

  3. Initially build a business relationship with the importer who can help your business without LC. This will facilitate bringing the product from starting to pay the price. Again, if you want to pay yourself, there are many Chinese companies who accept money online, such as Money Booker, Pay Pal, Alert Pay, etc. excluding banks. If so, you can buy dollars in the country and pay the Chinese company online. In this case be sure to know how the product will come in your hand.

  4. If you select a company in the country through Ali Baba, however, it will solve many problems. The reason is that, there is the verification of companies. As a result, paying such companies online does not have to be a problem.

  5. If you want to bring very few products as a sample (which actually falls in the gift phase), then be aware that the product comes in government service. Otherwise, you’ll have to pay a lot of money as a tax on DHL or UPS. And if you want to do the job moderately or professionally, you must go through LC.

  6. However, many times a representative of a product manufacturer provides all the support to the importer. If you also want to hire a representative, he or she must have a clear idea about the business area of ​​China.

  7. If you don’t want to do sales marketing yourself (which is expensive in the beginning), then look for a retailer in the country. Reduce imported storage products as soon as possible to avoid additional storage fees, sales costs. Immediately after importing the product, buy and sell merchandise with local buyers.

  8. After getting some product descriptions, do a little research on the products. Keep track of how much profit you make from product sales. Think about what kind of product you want to maintain your profitability. That way you can become a successful importer by buying a product from China without having to head a little.

As you start your business with china then you professionally have become a part of China Business and you may have to attend personal meet up with your suppliers. In that time, please make sure that you prepare some translated business cards during the meet up that would be comfortable for you and your partners too in China.

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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