How to choose right Yiwu agent for your business needs
Starting your own business in other place or countries from where you are going to import the products required careful observation in some of the things. Especially when it comes to exporting or importing any products from other countries, you need to check trading rules of both government and hence need to calculate other factors like excise duty and other tax. You need to be very accurate in calculating your own profit before making any kind of decision and need to reduce all extra costs for actual profit.
I was very careful when I have started my own business for which I used to import products from Yiwu which is the one of the largest wholesaler city in china. We all know that the China has the biggest wholesale market in the world with biggest foreign investment and large quantity of export ratio. First you need to identify the correct source for your business and should start gathering resources to start the actual procedure of making successful business deal.
As I have said previously you need to have knowledge of right resource to import the products that you want to sell and the right procedure to make your dream success. I wanted to start my own business of wholesale fashion jewelry and stationary products. When I have researched about the different market in china, I came to know that Yiwu market is the best suitable for the stationary, art and fashion jewelry products. So bellow are the steps that I have followed to trade from Yiwu city.
Whenever you go, you need to have knowledge of traditional local language being spoken in that specific region or country from where you want to make a business deal. You cannot expect that people will speak the language that you understand. So your first objective is to find a right person who can work as translator for you and whom you can trust for your business. You also need to be selective because you will get so many people who can work as a translator but few on whom you can trust. So I have contact some of the professional companies in Yiwu which provide professional trading agent with good knowledge. Even after contacting you can check different points to measure the quality of the profession by different point of view or you can ask some question to reveal his knowledge about the trading and local demographical location.
It is necessary that the person you are hiring must have knowledge about local products and the areas where you can buy those products in wholesale. If he knows the correct location for the products that you are dealing with, than he can suggest you the right hotel to stay near that location. After checking his knowledge about the local location, you need to check its education background. He must have good education degrees which can add extra trust factor in hiring him. Along with having good educational background, you also need to ask about past experience and the companies for which he has worked previously.
After confirmation of all above points you need to check the correct percentage of commission you should pay to them. Some of the companies with high experience and big clients take too much commission in this case you can go for individual agent or companies with low service rate. At the end you must choose a person who can help you in calculating some of the financial profit in making deal from that location.
Processing your request, Please wait....
