Buying Wholesale from China

If you plan to buy wholesale from China perhaps the first things you should know is that it is not a walk in the park and it is quite a lucrative business venture. So if you are willing to work hard and if you have the money to invest, you can expect some good returns from a business you can operate for a long time. Let us look at some of the important things you should understand first before venturing into the unknown.

If you are a first-time importer, you should know that you are wholly responsible for the product you will be selling. This means that your product needs to meet safety standards. This also means that you will be responsible for any product safety issues that may arise out of the use of your product. To illustrate, a seller who sells horse saddles will be responsible should one of their buyers fall off a horse while using the saddle. At the very least you will be the point of recourse should customers be unsatisfied with your product.

The takeaway here is to try to avoid products that can potentially be dangerous or cause harm. You should also purchase product liability insurance and be sure that the Chinese manufacturer or supplier you will be dealing with is covered by product liability insurance as well. The amount of insurance coverage to get will depend upon the type of product you plan to sell.

Again for first-time importers, the two places to search for products to sell would be trade shows in China and the Internet. The Internet has had a significant impact on reducing trade barriers for Chinese products. But finding a product to sell over the Internet can also get tricky. It would be best if you include a trip to China in your capital which would bring you to the actual place where the products are made.

Chinese goods makers and suppliers can often be found in online directories where there would be a listing of their products, a background on the company, and their contact information. If you plan to conduct your purchase online, make sure that the supplier would be willing to send you a sample first and that they accept an online payment system and not a wire or bank transfer. 

Author: Todd Johnson
Email: Todd@australianwebsitedevelopment.com.au
Mobile: 0449 041 815