2007-1-28 14:55
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How to Import from China
You may be able to find a new business opportunity or profit growth by directly importing products from China. It can be complicated, but it can pay off in both immediate profit and long-term success. The process is becoming easier and easier thanks to the trend of globalization and advances in international trade technology.
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1 Find the products you're interested in. There are many sources to find your products. The internet is the easiest one to start with. There are many web listing services, including [url]http://www.alibaba.com[/url] , [url]http://www.made-in-china.com[/url] . Here, you can register your username, post the products of your interest, and you will receive tons of products' supply information and perhaps a price list.
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2 Establish a relationship with potential suppliers. Select a few potential suppliers to communicate with. Narrow down the ones that you really want to work with. Discuss the price and trade relationship. Obtain product samples. Discuss shipping and payment terms. Gather all necessary information to prepare for placing a trial order. ;c+^p
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3 Understand trade terms and use them. Before placing any order, you need to understand and confirm with your suppliers about shipment terms. Most popular are FOB and CIF, as well as payment terms. These are closely related to your landing cost calculation and risk assessment. You can consult an import management company and a freight forwarder for detail break-down on the costs and risks. You can also use an import management company to negotiate the trade terms.