Hatchimals, this year’s “Furby”, are one of the hottest selling toys of the year. They are sold out everywhere, going for 2x retail on eBay, and the manufacturer, or actually the private label owner, cannot keep up with demand. So what do they do? Instead of shipping by sea like they normally do, they are resorting to expensive … Continue reading “Shipping by air? Two weeks before Christmas, Fedex’s International Economy sadly offers a TWENTY (20) day delivery lead time”
Tag: Best Practices
Are you paying your Chinese suppliers too much? How to negotiate up to a 5% price cut from Chinese suppliers in one email – SCRIPT INCLUDED
You may think that the way to grow your business selling on Amazon or your own website is to sell MORE volume or RAISE your prices. Think again. Often overlooked, sourcing professionals know that PURCHASING is where the real money is made. I.e. buying low. Long story short or the 80/20 as I like … Continue reading “Are you paying your Chinese suppliers too much? How to negotiate up to a 5% price cut from Chinese suppliers in one email – SCRIPT INCLUDED”
How to source from Chinese suppliers and not get scammed – Best practices, Dirty Tricks, and Advice from an American Sourcing Professional in China
My name is Gary and I’m an American based in Shanghai and have been sourcing from China since 2008. I’ve sourced a variety of products for clients ranging from industrial products, solar energy products, exercise equipment, auto parts, and more. I’ve worked with and visited hundreds of suppliers across China, big and small, and I’ve … Continue reading “How to source from Chinese suppliers and not get scammed – Best practices, Dirty Tricks, and Advice from an American Sourcing Professional in China”