China is reshaping global economy because of its 7% growth annually. They have opened their gates for foreign companies. If your business is involved in physical products there is chance that you will need to source those from China.
One of the factors that formed China to its state today is because of its cheap labor. They are able to produce products using cheap labor. There is a reason why a lot of things we use today, ranging from shoes, t-shirts, phones and many more are all made in China.
For those that are in the fashion jewelry business you might want to find a reliable China wholesalers jewelry company. The price they offer are incredibly low if you buy in bulk. You can easily profit from these products given that you have a sound marketing strategy. These fashion jewelries can be a lucrative business if you have the right connections.
Fashion jewelries are easy to sell because of their price as well as their functionality. Consumers looking for this product are equipped with cash.
Sourcing your products from China will require some due diligence to ensure you get the best deal. When talking with a supplier here are a list of things you need to ask them:
- Transit time
- Import duties
- Manufacturing time
While those things seem obvious enough, they can easily be forgotten because of the price these suppliers offer. Remember there are a dozen other suppliers that could be offering better rates than the first one you saw. You should be able to make a list of all the suppliers and list all the things you like and hate about them,. This will give you insight on what you value most and what your business really needs.