Purchasing in China Yiwu market is different from in Canton Fair.
In the Yiwu market:
- Small quantity of things are accepted, you can mix lots of items (from different suppliers) in one container.
- Almost suppliers in the market can鈥檛 speak English
- The suppliers have not the license of IMP and EXP. and did not know the operation of international trade in China.
- The price is FOB Yiwu price, the suppliers only with responsibility for delivering the goods to Yiwu warehouse.
Therefore, when you will purchase from the Yiwu market, it is most important to find a good agent at first. It must be reliable, experienced and economic, with complete, excellent and efficient service.
The first time, you must go to the market, learn the different type, different item and the price of the product you are interested on. The agent will send an employee to accompany you on your visit to the Yiwu market.
Good agent knows which supplier is better; know the advantage of different supplier. and some agent have relevant factory which they have invested, quality is good and the style is popular in some countries.
Because most items from many suppliers in one container, so the agent have much work to do.
- Order in the market or factory together
- Booking the space of cargo
- Asked the supplier delivery to agent鈥檚 warehouse and check the quantity and the quality
- Declaration to the Customs, loading.
- Making the document
- Express the B/L to the clients
After finished the order (for a 40 ''HQ container order, you will need maybe 2-3 days), clients go back to their country and leave all the things with the agent, so he will finish the job.
Clients come to the Yiwu market almost 3 per month, looking for the new style. The next order can be made by internet and fax. So you don't need to be personally in Yiwu to close the deal.
This article was researched and produced by Posicionarte for China Trading Company , 2007
Author Bio:
Eric Castro Mattas, is chief editor of Posicionarte researching and producing articles for China Trading Company. If you need products from China please visit www.chinatrading-company.com |