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How to Succeed in the China Wholesale Market
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Online vendors have recently found a gold mine located just south of Mongolia. The most populous country in the world, China has certainly made a name for itself manufacturing products in bulk, and selling them to the western world. Wholesale electronics suppliers in China face such fierce competition that they continue to offer more features for lower prices. This is good news for those looking to sell Chinese manufactured products in countries around the world. Suppliers are eager to export, and prices are low. However, this does not mean that any uninformed person can make a killing reselling Chinese manufactured electronics. It is important to know what to look for from suppliers.
First, make sure that the supplier you plan to work with is a legitimate wholesaler. If all you know about a company is that their website looks very professional, learn more. Many very sleek looking websites belong to companies that are actually scam artists. Do not be fooled by companies that ask for an initial membership fee to do business with them. Be sure to read user reviews of each company, and employ the help of a GOOD wholesale supplier directory e.g Yahoo directory. Do your research! Many companies that claim to be wholesalers are actually retailers, charging much higher prices than a true wholesaler. Once you feel confident that you will get the lowest price for the goods you wish to sell, there are more things to consider.
Check to see if the supplier you are working with offers a dropship service, as described at http://www.bigboxstore.com/dropship service. If not, you should probably look elsewhere. Wholesale dropshippers offer to ship products to your customers at no extra cost. You simply submit the information of your buyer to the dropshipper, and the product goes directly to them. You never have to see, let alone store, the product you sell. All you see is the profit. This saves the cost and risk of storing goods that haven t been sold yet, and is a necessary prerequisite for doing business with a Chinese wholesaler. The next thing to check is shipping speed.
One thing that can make or break your new business is the length of time it takes for your goods to reach buyers. While dropshipping is certainly quicker than buying from a manufacturer and then shipping goods to your customers personally, it can still be a lengthy process. Check to see if the company mentions a guarantee about how quickly they package and ship all orders. Verify that they have followed through with this in the past by reading user reviews. You may also want to try out a couple of companies, ordering a few products for yourself, and seeing which arrives in the most timely manner.
Another final thing to check is the company return policy. Consumers know that electronics manufactured in China are likely to be lower quality than those from brand name companies. A return policy makes them feel much more secure. They feel confident that even if the product turns out to be a dud, they will get their money back. If your supplier has a 6 month 1 year return policy on most goods, you wont get stuck holding a broken mobile phone that your customer didn t want. There are Chinese wholesale dropshipping companies with reasonable return policies. Once again, you can learn a lot by reading the reviews written by previous buyers.
There is certainly money to be made by retailing electronics manufactured in China. Just make sure you pick a good supplier to work with. Your business partner should offer a speedy dropship service for wholesale priced goods, and should not ask for any additional fee to do so. They should also be willing to replace defective merchandise. Once you find a company whose user reviews reflect these elements, you are well on your way to becoming a successful electronics retailer.
First, make sure that the supplier you plan to work with is a legitimate wholesaler. If all you know about a company is that their website looks very professional, learn more. Many very sleek looking websites belong to companies that are actually scam artists. Do not be fooled by companies that ask for an initial membership fee to do business with them. Be sure to read user reviews of each company, and employ the help of a GOOD wholesale supplier directory e.g Yahoo directory. Do your research! Many companies that claim to be wholesalers are actually retailers, charging much higher prices than a true wholesaler. Once you feel confident that you will get the lowest price for the goods you wish to sell, there are more things to consider.
Check to see if the supplier you are working with offers a dropship service, as described at http://www.bigboxstore.com/dropship service. If not, you should probably look elsewhere. Wholesale dropshippers offer to ship products to your customers at no extra cost. You simply submit the information of your buyer to the dropshipper, and the product goes directly to them. You never have to see, let alone store, the product you sell. All you see is the profit. This saves the cost and risk of storing goods that haven t been sold yet, and is a necessary prerequisite for doing business with a Chinese wholesaler. The next thing to check is shipping speed.
One thing that can make or break your new business is the length of time it takes for your goods to reach buyers. While dropshipping is certainly quicker than buying from a manufacturer and then shipping goods to your customers personally, it can still be a lengthy process. Check to see if the company mentions a guarantee about how quickly they package and ship all orders. Verify that they have followed through with this in the past by reading user reviews. You may also want to try out a couple of companies, ordering a few products for yourself, and seeing which arrives in the most timely manner.
Another final thing to check is the company return policy. Consumers know that electronics manufactured in China are likely to be lower quality than those from brand name companies. A return policy makes them feel much more secure. They feel confident that even if the product turns out to be a dud, they will get their money back. If your supplier has a 6 month 1 year return policy on most goods, you wont get stuck holding a broken mobile phone that your customer didn t want. There are Chinese wholesale dropshipping companies with reasonable return policies. Once again, you can learn a lot by reading the reviews written by previous buyers.
There is certainly money to be made by retailing electronics manufactured in China. Just make sure you pick a good supplier to work with. Your business partner should offer a speedy dropship service for wholesale priced goods, and should not ask for any additional fee to do so. They should also be willing to replace defective merchandise. Once you find a company whose user reviews reflect these elements, you are well on your way to becoming a successful electronics retailer.
Author Resource:
Danny Stokley is currently a Web Content Writer / Editor at http://www.bigboxstore.com. This website provides direct access to China Wholesale Electronics. The company has also recently added Wholesale Car DVD to their product lines.
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