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How To Source And Import From China - Managing RiskImporting 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
Wholesale Baseball Caps - Save Money on Your Promotional Marketing Campaigns by Buying in BulkPurchasing wholesale baseball caps can save you a significant amount of money if you need to purchase more than one cap for a sports team, promotional event or for resale. By cutting out the retailer, it is possible to have the same variety of caps you would find at a major store without having to pay the mark up for the hats. However, purchasing wholesale is not without disadvantages. Depending on where you acquire the caps, you may not have as much variety or ability to customize as you would if you purchased through a dedicated customization retailer. The first thing you need to consider when purchasing wholesale baseball caps is what customizations you need. If you are intending to add logos to the cap, you will have to go to a manufacturer that can do the work for you. However, these manufacturers are typically limited to retailers or those who can provide a large enough order to justify the use of their factory machinery. For large prom
How to Buy WholesaleThere are opportunities to buy almost anything at wholesale prices, whether you want to buy everyday items or specific products for resale. Once you begin your search, you will see that opportunities to find wholesale buys exist almost everywhere. The process to get started is easy and your contact list of wholesalers will grow quickly. Steps 1 Get your necessary tax documents and licenses in order. In most states, you'll need to obtain a tax ID and/or license because the wholesale products you are buying are often not yet taxed. Before you begin looking for the best wholesale deal, try to get the following so you can quit worrying about legal and get serious about making money: Obtain a federal employee ID number from the IRS. The application form is available online at the irs.gov website. You are eligible to get this permit as a sole proprietor of a business. Get a federal and state tax ID numbe
Free Dropshippers in China - Questions You Should AskBecause many times, you can obtain the best prices anywhere when you deal with a supplier who outsources directly from China. Bear in mind that "free" doesn't mean that the products themselves are free. It simply means that the dropshippers are not charging you an extra fee or monthly membership charge to access their products. Finding a free dropship supplier in China can definitely boost your sales and your profit! Here are three things you should check before deciding which dropshippers to use: 1. Are the products sent in plain packaging so that your buyer can't identify the exact source of the product? 2. Is there a monthly fee to use the dropshippers services? 3. Is there a minimum quantity of products you must commit to in order to get the best price? Here are some questions you should ask when you are considering a dropship supplier in China: What are the shipping methods and how long before your
China Makes Christmas For the Rest of the WorldChina is the world's biggest manufacturer of Christmas products. China exports nearly 2 billion US dollars worth of Christmas products per year with more than half going to the United States. Most of it comes from Shenzhen in South China's Guangdong province. There are over 3,000 factories in Shenzhen producing artificial Christmas trees. Christmas lights, ornaments and Christmas wreaths are also made here. These items are all made from plastic and metals. Shenzhen is on the coast about an hours drive from Hong Kong. Before 1985 most of these products were mass produced in Taiwan and Hong Kong where the labor was cheap and ports were easily accessible. Taiwan and Hong Kong were not under the strict communist rule of China. By 1985 Taiwan and Hong Kong had developed into huge exporters and their local labor costs had increased. They started looking for a place nearby to ship materials to for assembly by cheaper workers. At the same time China wa