Im thinking of importing goods from China/ USA etc, for resale. tools mainly?

Question

do any of you out there no of any good websites which would help

Answer 1

Hi - I am in the business of sourcing and manufacturing goods in China and importing them into the U.S. for my clients. It is possible for you to do it yourself but many things can go wrong so BE CAREFUL! Go to alibaba.com. There you can find hundreds of vendors in China selling tools (and everything under the sun). Keep in mind that you never know if you are dealing with the actual manufacturer or a trading company, so it is difficult to know if you're getting a good price. Also unless you are ordering large quantities (at least 5,000 pcs), most of these suppliers will not take you seriously. You will need to pay deposits up front, typically 30% down. If you are dealing with a fraudulent company then you may not see your money again or get your goods. If you are dealing with a so-called "gold" or "trust-pass" supplier then they will not have time for small orders. The first step is to get samples. The suppliers will typically provide samples for free but you will need to pay for shipping (e.g. FedEx). If you get the samples and you like them, then the next potential pitfall is that you place an order for the same item but you get something different. This is a common occurrence. The supplier may not tell you that the model is discontinued and will simply send you the latest model even though it's different from the item you approved and paid for. Communications are another key issue. As a fluent Chinese speaker I can deal with communications, but still there are challenges. You will find that you ask very specific questions but get only partial answers to some questions. Information is difficult to come by, communications via email can drag on for weeks, and language barriers can cause costly misunderstandings. At first the person you are communicating with via email may seem well-versed in English, but if the discussion ever gets beyond the simplistic level and becomes more complex their English skills are typically inadequate. When I need important information from suppliers or need to tell them something important I always call them on the phone and speak to them in Chinese so there is no misunderstanding. Next you need to deal with international shipping, customs clearance, incoterms, etc. You will need a freight forwarder, and if you are inexperienced in dealing with these companies they will rip you off. Finally, assuming all goes well and you start placing orders, you need to beware of the "end of the honeymooon" syndrome. You may think you are spending a lot of money and buying a lot of product, but don't forget that this is China: your supplier wants orders for MILLIONS of pcs, not hundreds or thousands. They will quickly lose interest in your business if you do not give them substantial orders. Then you will find your orders sidelined and delayed because their other, bigger customers are pushing them for their attention. Working with an intermediary will result in an extra fee, but in the long run it will be less costly than trying to do it yourself. The tuition you will pay traversing the learning curve will far exceed the cost of a good sourcing/import agent. A good sourcing/import agent consolidates the demand from multiple clients/buyers and has much more leverage over suppliers in China than you as an individual have. Not to mention that sourcing and importing from China is itself a full-time job, and I assume you are in the business of selling and distributing tools, not importing, sourcing, QC, logistics, and all the administrative support that goes behind it. Feel free to contact me for more information: 212-847-7175. Good luck!

Answer 2

1

Answer 3

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Answer 4

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Answer 5

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Answer 6

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Answer 7

Where are u wanted to import to? It's better you have exporters to help you. I have some resources in China if you need I will give you.

Answer 8

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Answer 9

dont forget voltage differences and electrical adaptors will you

Answer 10

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