26 - 28 SEPTEMBER | 10:00-18:00
GALLAGHER CONVENTION CENTRE
Everyone wants to be an importer these days because we see how people go from zero to 100 real fast with the success as an importer. And that is a proven fact, if you import in the correct way you can achieve success. Importing is not easy it is complexed process which requires knowledge and skills. The complexity starts the moment you try to pick a product. What steps you take in this complexed path which looks easy will decide your success. This step by step guide will give you an understanding about the crucial steps you should follow in order to be a successful importer.
Identify your rights as an importer
Once you import your products from foreign sources, you are an importer. Pay attention to your rights as an importer. Usually regulations only apply to goods imported for commercial purposes. The customs authority has the exclusive power to make judgments about what is considered as items for personal use. If you have Several t-shirts that are identical it will be tough passing the credibility test as items for personal use.
Decide the products you are going to import
Chose a product you like – You will have a passion to market and sell
Chose a unique product – Selling price and demand will be high
Chose a product you can ship in copious quantities – lowest shipping cost per unit
Do your research and find out the products if those goods are legal in your country. Different countries have different prohibited products. Also make sure whether the goods you intend to import are subject to any permits, restrictions or regulations by your government.
Classify your goods and calculate the landing cost.
Get the product price from the supplier
Get the shipping charges from China freight forwarding company
Get the charges of Customs clearance, duty tax, land transportation to your warehouse
Find your potential suppliers.
We suggest you find via trusted sources, evaluate supplier profiles, check the customer review of suppliers Ask for the details of their satisfied overseas suppliers.
Avoid negotiation online if you can (At China Homelife we give you the opportunity to meet suppliers face to face and with our O2O Platform you will be able to communicate with suppliers prior to the exhibition)
Arrange your cargo transport.
There are many hidden costs in shipping, such as container fees, packaging, terminal handling, and broker fees. To understand the total shipping costs, take all these numbers in to consideration.
Track your cargo and get prepared for arrival.
International shipping is not going to be very fast. While you wait, check your commercial invoice, packing list, the landing cost, or any freight documents. That way you will be safe if you get any problem. You should have the knowledge of steps of custom clearance.
Obtain your shipment.
When your container arrives, get your customs broker to clear them through customs and quarantine. if you are satisfied with everything now it is time to take your goods to warehouse.
Posted by : How to import from China. The perfect way
When you register with us we give you the access to our O2O Platform where you will be able to view supplier profiles and their products and evaluate. And, with the O2O platform you will be given the access to communicate with the suppliers even prior to the exhibition. It is a fantastic opportunity because even before you step in to the exhibition you will have the ability to select a supplier that fits your need.
However, most visitors specially when they are new to the import business do not know what exactly they should ask from the suppliers. You must understand here you are the buyer and it is your money therefore do not hesitate to ask any question that is in your mind.
Here are some questions you can ask a potential supplier,
What is the actual size, weight and dimensions of the product?
How many employees work under you?
How long have you been in the business?
Do you have any other products that you sell?
In the previous year, what was your annual turnover?
Do you sell your products to other countries too? Which country and what are the products?
Do you have any current buyers in my home country? Or did you have?
If yes, were they satisfied? Ask for the contact details of the buyers.
What packaging method do you use?
Tell me about the quality control system you have in the place?
Is that fine by you if I will do my own quality control?
What is your method of shipping?
Which port in china do you use to ship the container?
What is the Minimum Order Quantity of your product?
How many items will fit in in a 20-foot container?
Is that fine by you if I come for a factory visit?
Not only these there are so many questions you can ask from the suppliers. Feel free to communicate and build up a healthy buyer-supplier relationship and it will benefit you in many ways throughout the importing process.
Posted by : How to communicate the right way with the suppliers