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What You Should Know When Looking For Wholesale Tool Distributors From ChinaImporting from wholesale tool distributors in China promises cheap buys and higher profit margin but is not without pitfalls. There are a few things sellers need to be aware when working with suppliers from China in order to establish lasting business relationship and trust. Payment The first thing sellers need to know is that most Chinese wholesale tool distributors only accept Western union and wired transfer as mode of payment. It is unsecured and hardly traceable. In the event of a dispute, most of the time, buyer will end up at the losing end. So why do these suppliers use Western union and wired transfer? This is because for majority of retailers in China, these are the only mode of payment they can use as it is not easy and straight forward to obtain credit cards in the country. Hence, majority of suppliers only accept these modes of payment. What can retailers from other countries do? Well, you can minimize th
Learn the Secrets of How to Start a Successful Wholesale BusinessLearn the secrets of one of the oldest and most profitable business in the world, Wholesale Business. It has been in place since the start of civilization. It is responsible for creating wealth and a new class, the rich class. This class created wealth and did not inherited it from kings or queens. How did they do it? Using trade, finding products, and wholesaling them. Now most business trade in some way or another, they trade products, services, something. Now it is easier then ever before to trade products, we have many more sales and distribution channels than ever before, we have many new tools to our disposal and information is easy to get and to transfer. These days you can use the internet, drop shipping, telephone, email, bank wire transfers and many other resources to expedite business transactions and make it much more interesting for wholesale businesses. There are many types of businesses you can start, run,
Custom Wholesale ProductsIf you wish to use promotional gifts to market your company's products or services, you can go for wholesale custom promotional products that can be purchased at affordable prices. Customized Magnets Magnets can be an effective alternative to lapel pins. Delicate clothing materials can be damaged by pins, but magnets would be able to hold clip-on items to any fabric. You can customize such magnets by printing your company name or logo and distribute them to your customers. Customized magnets can be a very effective means to promote your company's products and services. Full color magnets can be very attractive and prominent on apparel. Mini Promotional Fan Mini battery operated fans can be ideal items for beating the heat during summer. They can be used at any time and place when there is no access to electricity. Most of them come in a size of 110 x 35 x 50mm, with a print area of 20 x 15 mm which is sufficient for p
The Strategies of Bargaining in China - Tips for Successful BusinessA popular saying goes around in China, "Everything in China is negotiable." Shopping, selling and buying seem like games that are played between buyers and sellers on the street stores, vendors or in the wholesale markets. However, as a rule of thumb, don't bargain at large department stores, corporate chains as the prices are fixed, and the sales persons don't have the right to modify them. In the market, everyone is out there to make money, and you have to learn the rules so as not to get something that would throw you into deep regret. 1. Opening with some basic Chinese sentences. Don't worry that it would throw you into a headache Chinese conversation. A few opening up sentences like Ni hao(Hello), Duo shao qian(How much) can put a smile on the face of the sales person and cultivate the relationship. 2. Bring a calculator with you if your Chinese is not effluent enough to carry out a conversation. Do not always think that you can c
How to Find a Supplier to Export Products from ChinaIf you have an in on the market, you can be incredibly successful importing Chinese products into North America or around the world; however, China is hard! Language, different business practices, and the sheer volume of manufacturers means you need to go into China with a plan if you want to have a leg up on the massive competition, and to actually take advantage of the low prices on goods. We will focus on electronics and mobile accessories in this article; one of the biggest current exports for small businesses. Steps 1 Choose the right product(s). This can't be emphasized enough. The general rule is if you don't know a good deal about an industry outside of China you will never be able to make sense of it, or make good business decisions when jumping into China to find suppliers. Don't go into China just looking to take advantage of some mythical pot of export gold. Go because you know what product you wan