Low Commission Product Sourcing Agent Arrangement Business Trip
Contact Person : Cindy
Phone Number : 18025985825
WhatsApp : +8618025985825
|Required Agent Type::||Professional Agent Service, Foshan Sourcing Agent, Trade Agency, Sourcing Agent Company||Experience::||17 Years Trading, Purchase Agent, 17 Years Experiences|
|One-stop Export Solution Service Provider::||To Help Customers Do Business In China More Comprehensively||Goods Purchasing::||Inspection/Quality Control/Delivery On Time|
|Service 1::||Controlling Agent, Collecting, Collecting And Inspect Goods, Hotel Booking, Pick You Up From Airport Or Train Station||Service 2::||Trade Assurance Payment, Warehouse Service, Translator, Placing & Following Order, China Warehouse|
|Service 3::||Collect Goods In Our Warehouse, China Interpreting Agent, Collect And Inspect Goods, Purchasing Orders, Foshan Warehousing Service Agent|
Foshan Product Buyer Agent,
china product sourcing agent
China Sourcing Agent Specialized in Building Materials Foshan Product Buyer Agent
With a local buying agent on your side seems to be much more helpful while importing from China, however, intermediaries are like a double-edged sword, before going into the deal weighing up the benefits can help you decide whether you need a China sourcing agent or not.
China sourcing agent is usually a third party service based in China that you can hire to source products, liaise with suppliers, perform quality inspection, arrange shipping and logistic, etc. on your behalf. There isn’t any standard what exactly a China sourcing agent should do.
Not everyone needs a buying agent in China, especially if you fit into these categories.
Most of the buying agents in China, be it Chinese buying agents or buying agents by foreigners in China, they tend to increase your price with service fee than dealing directly with manufacturers. However, things could work out much more smoothly if they stand on your side.
That being said, good China sourcing agents can help you filter the best supplier in the abyss of product search, carry out quality inspection, arrange shipping…saving you all the hassles across cultural boundaries.
The abilities to handle everything without the help of sourcing agent is vital.
Business practice and culture in China is significantly different from the Western. It’s important to understand the major differences underlying how people in the two cultures think as there’s great potential that they tend to misunderstand each other.
Suppliers who will not cheat you on the quality of the goods, delivery time, etc. Some of the suppliers in China would usually say yes to everything before placing the order. After you pay then maybe they can’t do most of the things and they will ask you to choose other models or make other changes.
China sourcing agent is a bridge between Chinese suppliers and clients. The first and foremost important is to find someone you feel reliable and comfortable to work with, or you’d better do it on your own. It’s just a matter of trial and error.
As a rule of thumb, competing based on low price is still the initiative for many businesses in China and it has lead to illicit competition. To be ahead in the rat race, some dodgy businesses launch products or services at exceptionally low prices. Those who are anxious to get things on the cheap would fall into the trap. Some China sourcing agents offer to source at commission as low as 1% with hidden costs. The average profit margin for retain business is about 80%, 20-30% for wholesale. How can a business survive making 1% of profit margin without clever maneuvering? Unless the clients are ordering truckloads. So use your common sense and don’t fall into the trap of low price.
Sourcing agents with enriching experience and profound knowledge in the products you’re looking for can greatly speed up the sourcing process and saves time in quality inspection. For example, the sourcing of electronics requires more expertise , i.e., what kind of certificates are mandatory for EU, US markets, the materials of the electronics, what kind of manufacturing techniques are used, how to test the gadgets, etc. Another example is fabric, the sourcing agent should know the difference of fabric composition, cotton, polyester, rayon, linen, wool, etc. What kind of fabrics are better for making dresses, pants, jackets, swimsuits, sportswear, what kind of fabrics are for digital printing, screen printing, sublimation, etc.
There’s no standard to the kinds of services a China sourcing agent offers. Some offer a one stop shop from the beginning to the finish of importing from China, while others only offer sourcing service, factory audit or quality inspection service.
The revenue modules of sourcing agents vary depending on each other. Mostly commonly used revenue modules are as followed.
Some China sourcing agents charge a flat fee for the whole project or either a small part like sourcing products, quality inspection, etc. This is widely used in sourcing private label products especially private label clothes that require lots of customization.
Some agents charge commissions based on your buying amount. The commission based revenue provides more incentives to sourcing agents to focus on large volume orders that require little time to develop.
To win in the rat race, some doggy sourcing agents charge tiny commissions as low as 1% or free sourcing as you can see in some advertisements, while in the back they take black commissions from suppliers. Stay away from sourcing agents that charge as little as nothing or work for free, you don’t know what would be waiting ahead of you, maybe an increase of 20% kickback based on the original prices the suppliers give, or defective items.
Here’re a few questions we suggest to ask a China sourcing agent before assessing whether they’re the right pick.
Foshan Future Imp & Exp co., Ltd is a senior and experienced sourcing agent located in Foshan China which is specialized in purchasing a number of products, including furniture, building material, sanitary ware, hotel supplies, ceramic tile, lamps and lanterns, LED lighting, hardware etc
We have provided the best Chinese export services to more than 30 countries around the world. And established longer and closer working relationships with our clients and suppliers not only provide immediate and reliable services but to continually exceed expectations and goals.