Problem Find business sources Being suitable is certainly an issue that any businessman or manufacturer must pay attention to. Business supplies are the core factor that determines your profits. When you find a source of cheap, high-quality business goods, it can make your business easier and more profitable.
However, finding a suitable business source is not really easy, especially for those who are new to business. In this article, I will give you detailed instructions on how to choose a good business source, avoiding unnecessary pitfalls in the first steps of business.
How to find business sources
To start sourcing products to sell products online, you need to decide what product you want to sell? For example, if you especially love fashion or cosmetics and want to do business in that item, make sure you are equipped with enough knowledge about the item you intend to sell, in addition to need to understand the needs of the market.
1. Find sources of business goods through e-commerce sites
It is not wrong to say that currently is a period of strong boom for e-commerce sites, where countless diverse items are for sale at attractive prices. Among them, we can mention many large domestic and foreign e-commerce sites such as Shoppee, Lazada, Sendo, or Amazon, Taobao, 1688, Alibaba...
In particular, sourcing business goods from international e-commerce websites is always the most popular and popular. With a diverse range of products, ensuring large supply, importing directly from manufacturing distributors and achieving the most attractive prices. At that time, businesses will be able to import goods at low prices and high quality goods, contributing to facilitating smooth trade and bringing high profits.
However, you should be careful to choose reputable Chinese e-commerce website manufacturers and delivery units to always ensure new supply and product quality. Before choosing a supplier for a product or goods, consider evaluating that supplier's reputation, review feedback from previous buyers and consider payment methods and transfer methods. .
And especially, if you are a person with advanced technical skills and the ability to read and understand other languages such as Chinese or English will be a big advantage. Then, your import and trade of goods will go well. However, one more thing you need to keep in mind is that if you choose this form, you need to pay attention to monitoring both the current budget and taxes, etc. to always take the initiative in importing your goods.
Besides, sourcing business goods or importing goods from domestic websites is also quite popular. Nowadays, some websites such as Shopee, Lazada, Tiki... are known and visited by many people. The source of goods here is extremely rich with many diverse designs and quantities, with thousands of source suppliers here so you can freely choose.
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2. Find sources of business goods through wholesale sources of goods at wholesale markets
Currently, domestic wholesale markets in big cities such as Hanoi or Ho Chi Minh City are developing strongly and diversely on a large scale, providing cheap wholesale goods to meet business needs. your business. Finding business supplies for your business will be met in the easiest, most convenient and fastest way here.
Especially in famous wholesale markets such as An Dong, Ninh Hiep, Dong Xuan, Pham Van Hai, Cho Lon, Binh Thai... goods and products are produced and sold in huge quantities, here goods will Supplied enough to meet all buyers' import needs at attractive supply prices. The wholesale market sells a large amount of essential items such as cosmetics, handbags, clothes and shoes, and household appliances, most of which originate from China.
For example:
- Hanh Thong Tay Market in Go Vap offers wholesale prices for fashion and household items.
- Ba Chieu Market focuses on fashion accessories
To be able to find sources of business goods in wholesale markets with the desired quality requires you to have experience and high skills and be able to bargain to buy goods at the best price. .
If you are new to business, to avoid the risk of goods not being protected according to standards, leading to the desired high commercial business efficiency, you can invite someone who has extensive business experience in the country. Wholesale market comes along. Thereby you can also observe and learn how they communicate and pay for the product.
And finally, pay attention, when sourcing goods for business or importing goods at the wholesale market, you need to carefully consider whether the wholesale price at the wholesale market is much lower than the wholesaler's price. otherwise it's better not to enter. Because the potential profit is not enough to cover the shipping costs.
3. Sourcing business goods from factories
To reduce the cost of importing goods from foreign markets such as China and Thailand, many traders have decided to open factories to process their products. Therefore, these factories are places where traders can safely send gold to import goods at original prices.
Note that in order to import goods produced directly at a Vietnamese factory, you must ensure import of large quantity shipments. However, this form is more suitable for the scale of import companies than is personal business. Therefore, it is very difficult for an individual to invest a large amount of capital to import such a large quantity of goods.
How to ensure a reputable import source?
If it is your first time importing wholesale goods, you can ask experienced associates for help. This will help you gain experience so you can import goods yourself next time. Not only that, you can reach out to relatives, friends or anyone who knows many reputable wholesale addresses and show them where to get wholesale products.
Low capital but still want to do business, which input source should I choose?
If you have little capital, you can choose to source wholesale and retail onions from wholesale markets or clothing factories. Because this method is very cheap from cost price, travel costs, transportation costs... You can also refer to Oder sales form. This form does not require spending money to import goods first and then sell them. If you want to import a large amount of goods but do not have enough capital, you can borrow capital from relatives, friends or sources such as banks to have enough capital for sales.
How to do business to maximize profits?
1. Market research
First of all, to be able to do business smoothly, researching market supply and demand is an indispensable step. What types of products are most popular, have the highest consumer demand, receive the most attention... as well as research competitors to see if their products are doing well in the market? or not. Find out the reason why many people who import cheap wholesale goods can sell them but some cannot?
Thanks to market research, you will know which products are popular and will help you find suitable business sources.
If you want to sell something, you should research not only the level of product offerings you want to sell in the market, but also the preferences of your customers. After doing your research, you will need to make a decision about the items you want to sell.
2. Listen to customer feedback
After selling a product on the market for a period of time, after importing goods and starting to sell the product, you need to survey customer feedback about the product. In addition, you should conduct research on consumer opinions about the products you are selling on forums and groups to find out how consumers feel and how interested they are in your products. How do you thereby improve your business.
Customer feedback plays a key role in the development of a business. Through comments from users, you can determine whether the current supply source is of good quality or not, from which you can find sources of business goods. other to ensure product quality.
3. Grasp prices and costs to determine business goals
All import costs, shipping costs, other ancillary costs and final profits will be obtained. In particular, in case you want to source business goods from abroad, you need to consider exchange rate differences and domestic shipping costs, as well as estimate damages if there are problems during transportation. . . Therefore, you should carefully consider which sources of business goods to source for your convenience and bring higher profits.
4. Clearly identify the necessary capital sources to map out an effective business direction
If you are just starting a business and have limited capital, you should choose a source of cheap wholesale goods to focus on one type of business and gradually expand as you accumulate capital and experience.
In addition, if you have enough or large capital, consider importing quality wholesale goods in large quantities. In addition, you can expand your business to many products to increase revenue. This also helps you to find suitable business sources of capital.
5. Be proactive about problems you will encounter
Anyone starting a business will certainly encounter problems after importing goods such as not being able to find a reliable source of business goods, not being able to grasp the cost of prices, problems with transporting goods (products are not delivered on time, goods returned by customs...)
So what you need to do is learn from the experiences of your predecessors and develop “foresight” skills to anticipate, avoid or adapt to potential problems. Thanks to that, your business path will be somewhat smooth, your business will be profitable and you will be able to find good sources of business goods.
summary
The business environment is increasingly difficult and fierce, this will be very difficult for beginners who do not have much business experience.
In this article, we have shared some of the ways Find business sources suitable for you, how to source business goods at wholesale prices while still ensuring high quality in a time when online business is booming strongly as well as what to note in the process of sourcing business goods for your business. your business, hope this article will help you in sourcing business goods, the first important step in your trading process.
Hope you will follow more of our articles so you don't miss out on really useful articles. Wishing you all to be the best businessmen and buyers. See you again in my upcoming articles huongdansudung.
Please refer to: 3 ways to order the most quality and reputable Guangzhou products
