I’m very thankful for the opportunity to host a webinar with Junglescout’s Greg Mercer and Gen Furukawa this week. We covered four key areas of sourcing:
- Chinese cultural and value differences and “Guan Xi”: It’s a relationship business
- Supplier selection strategy – First cast a wide net then go deep sea fishing
- Negotiations – You get what you pay for
- Quality Control – The Never-ending story
Here’s the replay in case you missed it!
By the way, Junglescout is one of my favorite research tools for selling on Amazon. I use it myself and highly recommend it!
We covered a lot so let me know what’s your #1 pain with sourcing?
Gary,
Your knowledge is impressive and ultra useful! Thank you so much for sharing.
That was great. Very informative points about the elements of Asian culture. I picked up Amasuite not that long ago because of the training, but this definitely filled in some gaps for me. Especially now that hijacking is more commonplace. Thanks again for the knowledge bombs!
Hi. Where can I obtain a the sample purchasing order- and what payment terms would you recommend for a first time supplier buying from a Chinese market to sell on Amazon FBA.
30% on first delivery and complete the balance on the remainder?
Thanks
Vic
Vic, Thanks for your question. You can get the sample PO by signing up here: https://www.8020sourcing.com/junglescout/
30/70 payment terms is a good start. You can read more about payment terms in the article.
By the way, I will be reopening my 80/20 Sourcing Essentials video course on How to find a trustworthy supplier soon – thought you might be interested. Good luck!
Gary
Thank you for the great video. I am starting brand new and this video gave me a good overview of the process. Because I am brand new, when I request for sample, I will be making payment under my personal name and apartment building address, would the manufacturer not take me seriously? Also, being native Chinese American proficient in Chinese, would that give me an advantage or disadvantage?
Thanks.