Questions

How do you approach Chinese suppliers?

How do you approach Chinese suppliers?

5 Tips on How to Deal with your Chinese Suppliers

  1. Tip 1. Always visit the factory or get somebody trusted to do it.
  2. Tip 2. Sign a well drafted contract.
  3. Tip 3. The negotiation process never ends.
  4. Tip 4. Understand your supplier’s cost structure and track commodity prices that are required to manufacture your product.
  5. Tip 5.

How do I connect to China suppliers?

Here are five great starting points that will help you find a supplier in China:

  1. Alibaba – arguably the world’s largest business-to-business (B2B) portal.
  2. China Sources – another popular website that arranges connections between businesses as well as Chinese manufacturers and suppliers.

What important things we must consider while dealing with Chinese supplier?

5 Important Tips for Dealing with Chinese Manufacturers

  • Communicate Clearly. Tip No.
  • Get Your Pricing Right. Tip No.
  • Choose the Right Type of Supplier. Tip No.
  • Understand the Impact of Chinese Holidays. Tip No.
  • Build a Strong Relationship.
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How do I find a good Chinese supplier?

7 Ways to Find a Reliable Supplier in China

  1. The Canton Fair. China’s largest import/export convention is held twice a year and covers virtually every industry that makes physical products.
  2. Yiwu Market.
  3. B2B marketplaces.
  4. Sourcing agents.
  5. Google.
  6. Baidu.
  7. Your industry network.

How do you email a supplier to negotiation?

6 Steps to Follow When Writing a Price Negotiation Letter

  1. Have a positive, polite & professional tone throughout the letter.
  2. Praise the Vendor.
  3. Explain your Position.
  4. Ask for an Odd Number Discount.
  5. Let the supplier Know what would happen if he will not negotiate on price.

How do you politely ask for discounts?

HOW TO ASK FOR A DISCOUNT

  1. Just Ask!
  2. Be Polite – Kill them with kindness!
  3. Ask for a Manager – A normal salesperson or employee probably won’t be able to give you a discount.
  4. Inquire About Future Sales – If they can’t give you a discount, ask them if they can tell you when any upcoming sales will be.
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How to negotiate with Chinese manufacturers?

The main takeaway is to build a long-term relationship. While you may pay a slightly higher price for the first run of your production, on your second order perhaps you order slightly more in volume and get a slight discount. Remember, negotiating with Chinese suppliers is an ongoing process.

How to negotiate with suppliers?

1. Set a realistic target price Before you can engage in meaningful price negotiation, you need to set your target price. If you don’t already have one, you’ll need to contact suppliers to request quotations, and thereby find a price baseline. Your supplier will ask you for both your specifications and target price when asking for a lower price.

Is price negotiation expected in China?

Price negotiation is expected in China. Chinese suppliers don’t expect you to accept the first price offer. Price negotiation is even expected, and you’ll surprise your supplier if you don’t even bother to raise the question.

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How to get a better price from Factory Chinese suppliers?

Other ways to get a better price from your factory Chinese suppliers don’t expect you to accept the first price offer. Price negotiation is even expected, and you’ll surprise your supplier if you don’t even bother to raise the question.