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.
Learning how to buy from 1688.com is quite fun and simple, and it is – provided you are Chinese or fluent in Chinese. If not, it will be a challenge. There are not many tutorials or experiences from people using 1688.com to be found. Sourcing Nova has created this comprehensive guide specifically for international buyers interested in learning more about 1688.com, its products and the benefits found from using the site. Let’s get started!
Quantity discount is an important concept when making a high volume purchase on products from China. This guide breaks down the quantity discount, why suppliers have quantity discounts and how to calculate quantity discount for the most cost-effective way to purchase products.
Have you ever had a bad experience with a business? A poor meal or customer service that really made you angry and never want to return?
This can happen with sourcing products from China. The difference is you will not know any products were bad or poor quality until well after the order placed, paid and shipped to you. Returning the products will cost you and your business dearly.
Have you ever read certain ads and seen a wall of text at the bottom of the ad in very fine print? This print covers the legal information and costs that are not explicitly mentioned in the main ad. This is done on purpose. By law, it must be there. If people took the time to read it, they may not buy those products.
Business-to-business, B2B for short, is the selling of products between two businesses, typically a manufacturer to a wholesaler or a retailer. One good way to think of B2B transactions is when a manufacturer purchases for raw materials for their specific products – like soy wax for candles or steel for kitchen knives.