Buy Wholesale Directly from a Chinese Manufacturer
The key to profit is to buy at a low cost and sell for a higher price. However, you cannot always sell your products as high as you want, because you have competitors to match up with. Thus, it is important to purchase your products at a low price.
Why you should buy from Chinese manufacturer
You can buy products for a cheaper price from a Chinese manufacturer. China has low costs of labor, raw materials and supplies. It is important that you buy your products at a low price, so that you can have a bigger mark-up while keeping your selling price at par with your competitors.
On dropship companies
Many people purchase their products from dropship companies. It is worth noting that dropship companies are not manufacturers. They act as a middleman which connects a manufacturer and a buyer. Although dropship companies are usually easier to find than manufacturers, you can save more money if you buy wholesale directly from a manufacturer. Remember that in the chain of business, the farther you get your product from the main source (manufacturer), the higher the price becomes.
- You may refer to our other post about China dropshipper, wholesaler list
Solution: Buy directly from a Chinese manufacturerTherefore, avoid dropship companies and any other middleman. Buy wholesale and directly from a Chinese Manufacturer. If you reside in China, you can easy locate a manufacturer’s office address on its website and personally visit the place. If you are not a resident of China, you can still easily find and contact Chinese manufacturers by accessing the Internet. Some good places online to look for Chinese manufacturers are Alibaba, AliExpress and Taobao.
Stay competitive in the marketplace and save more money by buying your products directly from a reputable Chinese manufacturer. This will help lower your overall cost and give you higher profit.
Free Book: Doing Business in China - Tips and Tracks
China has its own business culture and etiquette.
There are many things that a businessman from West needs to understand if he wants to enter the China market and succeed.