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Knowledge Base Articles

  • Wholesale Merchandise - How to Buy Wholesale Products?

    Retail business success greatly depends on offering the right product, right price, and also right time. Therefore, it is significant to the accomplishment of your business to be able to locate the greatest sources for those products. As soon as you know what products you would like to promote, it's time to discover places to obtain wholesale products. Before you obtain wholesale products for your warehouse, try to visit a competitor or a store advertising a product line like to what you intend to promote. Browse the store's product selection, making a mental note of the brands they have in stock. What products seem to be selling well? Which items are in the clearance bin? If you visit a related supply too far away to be a competitor, that retailer may be willing to share with you the source of his wholesale merchandise. The internet is a very valuable part of our lives, and it is equally valuable for your business. Trade your products   
  • How To Source And Import From China - Managing Risk

    Importing products from China is a great way to locate new business opportunities and increase profit growth. While the initial stages can be complicated, the payoff in terms of both immediate profit and long-term success is tremendous. Sourcing products from other countries, however, comes with its share of potential risks. It is recommended that first-time buyers follow certain precautions before embarking on any potential transaction. Locate The Right Product The first step is to locate a suitable product that interests you. Try to obtain as much information as possible about the demand for prospective products in your local market. Make sure that sourcing your chosen product from China is truly a cost-effective proposition. Factors like retail margins, VAT, insurance, taxes and freight and currency differences all affect the final retail price and many first-time bargain hunters end up sourcing a product at a price that is too high   
  • The Strategies of Bargaining in China - Tips for Successful Business

    A 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   
  • Corporate Gifts And Promotional Items

    In the world of business, giving out gifts to clients, employees, business partners, and other business associates is vital and essential. The purpose of giving gifts is to thank loyal clients; attract new prospects; show appreciation to employees; and honor executives or managers. It depends, however, to whom gifts will be given to and the budget when choosing corporate gifts. Usually, corporate gifts are given during special occasions like Christmas party, company anniversary, employee recognition day, retirement, and etc. One can give corporate gift to someone who works in a different company. However before giving anything, one important thing to always keep in mind by the giver is the company policy on giving out gifts. Most companies (big or small) have policy when it comes to giving corporate gifts. Usually, it includes a dollar amount that they can only spend for a corporate present. And while a giver would want to stick with his own    
  • Top Things You Need to Know About the Wholesale and Dropship Industry

    Earning a living through eBay auction sites. Making money in eBay does not only involve knowing about your products well. You also need to understand and utilize the many techniques and strategies for you to get noticed in the vast world of online selling. Knowing how to promote traffic to your website is one important thing that you should learn. You can easily get a buyer if you know how to properly present your products on your site, as well as knowing the sales pitch. You also need to know what the buyers want so that you can provide them with what they need. Get your product to the top of the most wanted list through using the proper online selling strategies. Being on eBay is one thing to generate traffic to your online store, since eBay is the 4th most visited site in the whole world. Almost 35,000 people browse eBay every minute. Therefore, it is a wise decision to setup your online store within the confines of eBay, since it i