Why are more and more people daring to import from China? Importing opens the door to a world of infinite possibilities and the Asian giant is rapidly advancing as an economic superpower. It is also a good tool for doing business. Today China has become a country that produces quality and productivity. Its manufacturers are capable of creating any design requested.
The advantages of importing from China are numerous: their know-how, as they work in accordance with the requirements of Western markets, their diversity of products to meet market demand, the absence of stock problems, the diversity that allows you to choose the product in many variables or their competitive prices.
Market Research
The first step you should take before starting a business is to investigate the supply, demand, the price at which it will be sold, the quantity of goods to be imported or the correct tariff heading, among others.
Business Intelligence
Having a marketing strategy will help you place your product in the market. It is necessary to know the industry trends, the size of the market, the cost of imports, the agents and/or operators.
3. Contracting Logistics Operator Services.
It is advisable to work with operators that carry out the entire logistics chain, since they have better infrastructure and technical equipment, and then consider the shipping methods and look for certified and audited suppliers.
4. Import Control.
It is necessary to know the Incoterms 2010 for a safe transaction, to request quality and warranty certificates, to have all import documents in order, to request previous samples.
5. Contact with the Supplier
Choosing the right supplier is critical in the import process. It is advisable to schedule a business trip to meet our supplier since the Chinese have a motto ‘to do business you have to be friends’.
Most SMEs lack an international trade department, so if you want to start buying in China, the best option is to contact a consultancy to help you and advise you throughout the whole process.
Delegating your projects to companies like MingTa offers many advantages, which will have an impact not only on the quality of the products, but also on the savings in purchases and the security that comes with more than five years of experience. MingTa not only offers a comprehensive service when it comes to importing, but the human team available both in the Asian country and in the country of destination is unrivaled.