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How to find a reliable supplier
Finding a reliable supplier is one of the most important aspects of running a commodity business. Where and how do you find one? Questions such as these can be a serious headache for an entrepreneur just starting a commodity business, as well as for an experienced businessman with a well-established trading network. Today on the FabriQuanta blog, let's discuss this problem.
Business is a dynamic system that is constantly in motion. A supplier that meets your needs in the early stages of your business may be completely unsuitable for a company that is already on its feet.
The issue of finding a supplier arises in a variety of circumstances:
The issue of finding a supplier arises in a variety of circumstances:
- Starting or expanding a business;
- Wanting to diversify the product range;
- Increasing the volume of sales;
- looking for better quality or a better price.
Working with local businesses
Local suppliers are one of the cheapest sources of wholesale supplies. It is not difficult to find them, just visit the city's wholesale base, look through advertisements or simply use an internet search.
The advantage of working with such suppliers is the personal contact, which makes it easy to arrange deliveries, assess the quality of the goods offered or negotiate. In addition, local suppliers have already established a delivery service; you can buy a small quantity of goods, which is convenient for entrepreneurs who are just starting out in the commodity business. The disadvantages are a limited range and high prices.
Another way to negotiate with suppliers is through industry trade shows. Find events that showcase the products you need, visit them and talk to suppliers. You can talk to many companies in one place, examine product samples, make contacts or even negotiate.
Local suppliers are one of the cheapest sources of wholesale supplies. It is not difficult to find them, just visit the city's wholesale base, look through advertisements or simply use an internet search.
The advantage of working with such suppliers is the personal contact, which makes it easy to arrange deliveries, assess the quality of the goods offered or negotiate. In addition, local suppliers have already established a delivery service; you can buy a small quantity of goods, which is convenient for entrepreneurs who are just starting out in the commodity business. The disadvantages are a limited range and high prices.
Another way to negotiate with suppliers is through industry trade shows. Find events that showcase the products you need, visit them and talk to suppliers. You can talk to many companies in one place, examine product samples, make contacts or even negotiate.
The question remains: how to enter China's wholesale markets? There are several ways. The first is to go to China. This method allows you to personally assess the quality and range of goods, make useful contacts and order goods directly from manufacturers. However, travelling to China requires a considerable financial outlay, particularly for relocation, accommodation, interpreters, etc.
The second way to source from China is to use AliBaba or 1688. These online marketplaces have thousands of Chinese suppliers. They offer cheap goods in hundreds of categories. There are no limits to the choices you can make. You can communicate with the supplier, negotiate the purchase of the products you want, additional discounts and even have products made to order. The disadvantages of working through Chinese trading platforms include the language barrier, paid services of managers, lack of protection against fraudsters. In addition, the issues of warehousing, customs clearance and delivery are entirely on your shoulders.
Another option for establishing supplies from China is cooperation with FabriQuanta. Our specialists have experience of working not only with Chinese manufacturers, but also with companies from Europe. The company cooperates with reliable suppliers who provide quality goods. Contacts can be found at the following link: https://fabriquanta.com.ua/en/contact
Another option for establishing supplies from China is cooperation with FabriQuanta. Our specialists have experience of working not only with Chinese manufacturers, but also with companies from Europe. The company cooperates with reliable suppliers who provide quality goods. Contacts can be found at the following link: https://fabriquanta.com.ua/en/contact
Goods from China
The cheapest and most diverse wholesale market in the world is, of course, China. This Asian industrial giant supplies goods all over the world. A large number of wholesalers and large retail chains work exclusively with China, dealing directly with manufacturers. You can find everything in China, from cutting-edge, trendy bestsellers to stable, popular consumer goods. At the same time, they are very cheap.
The cheapest and most diverse wholesale market in the world is, of course, China. This Asian industrial giant supplies goods all over the world. A large number of wholesalers and large retail chains work exclusively with China, dealing directly with manufacturers. You can find everything in China, from cutting-edge, trendy bestsellers to stable, popular consumer goods. At the same time, they are very cheap.
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