- I will be discussing in this article whether it is safe to import products from China.
- I will teach you how, with the aid of my secret tool, to import goods from China safely.
- I will give you some tips you’ll be able to use to determine if a Chinese supplier is trustworthy.
Importing Safely From China
First, I want to say something about Chinese imports. Cheap imports from China are a boom to U.S. small business. Because of cheap Chinese goods, U.S. businesses are able to sell products that are to expensive to be made in the U.S. Furniture, crafts, shoes and clothing. I bet you didn’t know that of every dollar spent on goods from China, 55 cents went to American sales or marketing.
So, if your interest is obtaining cheaper goods, or maybe just diversify a product line, importing from China could be the answer.
The U.S. Small Business Administration (SBA) recommends you determine whether the company you’re dealing with has export experience. They also suggest a meet and greet with the producer or distributor of products you’ll be importing. As a matter of fact, the SBA even has a guide that will help you plan your trip abroad.
The SBA also advises that you hire a licensed customs broker. He’ll be needed to help with planning, licenses,taxes,duty fees and so on. A customs broker prepares all the documents needed to import goods.
There are some imported products that are regulated by federal agencies. You may need to obtain permits or licenses to import listed products. A customs broker will also help with these issues.
I mention all these things because it’s not always safe to import from China. Unscrupulous suppliers have been known to export knock offs or in some cases, just take the money and run. So, as you can see, it’s important to deal with suppliers you can trust.
I know most of my readers are not going to make a trip to China for a meet and greet with suppliers. You’re not going to hire a customs broker either. However, you are probably interested in selling products online. The most profitable products you can sell online come from China. Well, you still want suppliers you can trust.
Introducing my Secret Tool: SaleHoo
SaleHoo is a company that has been in business since 2005. They have a directory of over 8,000 verified suppliers. What does this mean for you? It means the research is done for you. You don’t have to question whether the supplier is trustworthy. They are or they wouldn’t be in SaleHoo’s directory. SaleHoo has spent years building their reputation and they have a stringent process for verification of suppliers before they’re added to SaleHoo’s directory.
As a SaleHoo member, you will also have access to user reviews. Between user reviews and the directory you’re able to choose the best suppliers. All this is important to you because now when you order goods from these suppliers, you know they have the product they advertise and will ship it promptly.
Importing cheap products from China can be risky, but you can feel secure and safe knowing that SaleHoo has taken the risk out of finding the right distributors for you.
Tips for Safely Importing from China
I want to give you some tips on how to import from China without SaleHoo.
As I mentioned earlier, the SBA is a good source for importing advice. Beyond that, I would advise you look into the history of any manufacturer or supplier. Only work with someone who has been in business for at least two years. In today’s information world, it’s easy to find reviews of companies that have been in business 2+ years. If you can’t find reviews for a supplier, I would say don’t do business with them. Remember, if you purchase knock offs from an unreliable source, you can be prosecuted, even if you don’t sell them, because it is illegal to buy them.
When you find a supplier, ask for samples. Reputable distributors should provide them. When you do make a purchase, buy in small lots at first. Build up trust. That’s always a two way street.
Check to see if they have a website. Most distributors today do. Check the whois of their site and see if they’ve been online for two years. Something else you can do while you’re on the internet is check and verify their physical location exists.
If you’re going to import from China, just remember research. The key to success is the right supplier at the right price.
In conclusion, I have to say yes, it is safe to import goods from China. The important thing is to be diligent, do your research. As the old saying goes ” It’s better to be safe than sorry”. My tips for a check list:
- Verified Suppliers
- Check Reviews
- Two Year Rule, if you’re in business for 2+ years there has to be information available, good or bad
- Ask for samples
- Buy small lots at first
Also, I want to add, if importing goods to sell online is something you’re interested in, I’d like to suggest you check out my review of SaleHoo. If you’re interested but have no experience and don’t know how to get started, online selling tactics is just what you’re looking for. You should check it out even if you’re experienced in online selling.
I welcome questions and comments. Drop me a line below and we’ll discuss.