The decisions facing today’s buyer when sourcing products from China are numerous. Factories, trading companies, wholesalers, distributors, purchasing agents and the like. This can be an overwhelming situation because of the sheer number of choices. Is there any difference between each of these? What is the most cost efficient option for you and your Chinese products?
Sourcing Nova has always had an idea to write about the best Chinese products to sell on Amazon. Several tools, like Jungle Scout, can help new sellers with product analysis, but this particular article is different. Our sources are much more reliable.
Sourcing Nova has shared a good bit about our extensive research, and we want to continue providing you the best information. This brings us to our research about scented candles.
It is the goal you complete reading this piece and learn two valuable pieces of information: 1. how to select a proper candle supplier; 2.where to find candle manufacturers based on a thorough understanding of the candle industry supply chain. It is our belief a customer who has ample information will lead to better purchase decisions for your products.
Your business is not a single direction going from you to the customer. If anything, you are in the center of a line between your supplier and your customer. This means your relationship with the supplier needs to be as good as the relationship you have with your customer. After all, the supplier has its own perception of you as their customer.
Today’s global market is considerably different than it was even as early as a decade ago. We are now in a new, unheralded period – the VUCA era. The Volatility, Uncertainty, Complexity and Ambiguity period. This means a global market looking for products that have changed direction from previous product design. Now, the ideas of variety, smaller batches and deep customization are de rigeur. This means a business owner has a much more detailed job ahead of them from meeting the needs of its customer base, maintaining competitive enterprise, market adaptation on the fly and the ever changing flexible supply chain of products coming in with regularity. This is not a choice. It is absolutely necessary if the business is going to survive and thrive.
The Chinese New Year, or Chinese Spring Festival, in the United States is often nothing more than a blip on the radar. For some Americans, the holiday comes and goes without them even noticing. For the Asian people, it is a very important time of the year. For the non-Asian getting their products from China, it is important to understand why this is so important. The Chinese New Year affects your supply chain at the very source.
After an exhaustive search, you have found the golden product you want to sell: Easy to ship, small, durable and has a decent profit margin. You would think the hard work is done, but in fact, it is just beginning. You do not know how to find manufacturers.
Selling on Amazon is a powerful way to create a stream of passive income. Think about it: If you are interested in breaking into buying and selling, there is no better place than Amazon to get started with a new business. However, you do need to know how to find products to sell on Amazon. Sourcing Nova has prepared this piece for you to do that very thing.
The product requirements document, PRD, goes by a few names including product specification sheet and product data sheet.
Regardless of the name, the spec sheet is absolutely necessary for your Chinese manufacturer. Without one, they will not be able to make your products to your customer’s satisfaction.
There is no doubt the role of a Chinese product sourcing agent or agency is more and more important in the global trade community. Many do not know much about the sourcing agent outside of a name and their role in finding products. Sourcing Nova is going to address all of the information you need about sourcing agents in the following post. This way when you are ready to source products from China for your new business, you will be well prepared for the experience.