Purchase Strategy in Yiwu

how-to-export-from-yiwu

As the largest export base of small commodities in China, Yiwu has a wide range of products to meet the needs of customers around the world. Every day, hundreds of thousands of customers flock to Yiwu from all over the world to find business opportunities and purchase products. There are countless containers exported from Yiwu Port to the world.

Therefore, it is very necessary for us to write a strategy for purchasing in Yiwu, so that you can smoothly purchase your favorite products. It also eliminates a lot of unnecessary troubles and brings you convenience.

1. How to come to Yiwu?

Yiwu is located in the middle of Zhejiang Province, with convenient transportation through an airport and high-speed rail network. You can arrive in Shanghai China, and then go directly to Yiwu via high-speed rail or long-distance coach. From Shanghai Hongqiao Airport to Yiwu High-speed Railway Station, it usually takes less than 2 hours. From Shanghai Pudong International Airport to Yiwu Bus Station, more than 4 hours bus drive. Of course, you can also directly check whether your city has direct flights to Yiwu, and many places have already opened direct flights.

2. 2 Yiwu International Trade City Navigation

The International Trade City is divided into five districts, District 1-5.

Yiwu International Trade City District 1

The first floor operates flowers and toys; the second floor operates jewelry; the third floor operates craft gifts; the fourth floor has opened small and medium-sized production enterprises direct sales center, Taiwanese business hall, and the east side annex is a foreign trade enterprise procurement service center.

Yiwu International Trade City District 2

The first floor operates luggage, umbrellas, ponchos and bags; the second floor operates hardware tools and accessories, electrical products, locks, and vehicles; the third floor operates hardware and kitchen appliances, small household appliances, telecommunications equipment, electronic instruments, clocks, etc.;

Yiwu International Trade City District 3

The building area is 460,000 square meters, and there are more than 6,000 standard commercial spaces of 14 square meters on the first to third floors. There are more than 600 business places on the fourth to fifth floors with 80-100 square meters. The fourth floor is the production direct sales center, and the admission industry is culture. Supplies, sporting goods, cosmetics, glasses, zippers, buttons, clothing accessories and other industries. There are central air-conditioning, broadband network systems, Internet TV, data centers, and fire safety monitoring centers in the market.

Yiwu International Trade City District 4

On the first floor, the main hosiery; the second floor is mainly engaged in daily necessities, gloves, hats, needle cotton; the third floor operates shoes, belts, laces, ties, wool, towels; the fourth floor of the main bra underwear, belts, scarves . Modern logistics, e-commerce, international trade, financial services, catering services and other market supporting services are complete.

Yiwu International Trade City District 5

It is divided into five floors and two underground floors. It has more than 7,000 business locations, mainly engaged in imported goods, bedding, textiles, knitting raw materials, auto supplies and accessories.

After understanding the display of market goods, you can go to the corresponding market to find the goods you need.

3. Who is the seller of Yiwu International Trade City?

Yiwu has a lot of products, but these sellers are mainly wholesalers, some of whom may have their own manufacture. Wholesalers account for the vast majority, and wholesalers work to source goods from thousands of Chinese manufacturers based on market demand and then sell them to customers around the world in Yiwu. There are very few producers, because Yiwu’s procurement is characterized by a large product variety, but the sales of individual product are relatively small, so that there will not be many manufacturers to directly open stores.

4. How to negotiate with Yiwu sellers

Here, most sellers sell through samples placed on stalls(booth/stand) rather than product catalogs. You can search for the products you need at the booth. If you determine the quality and style, you can communicate directly with the owner and communicate in simple English. There are a few things to note. The first and most important thing is to show that you are coming to wholesale goods, not sporadic purchases. In this way, the owner will understand that you are from abroad for wholesale, not for sightseeing and shopping. In this way, he will give you the wholesale price. The wholesale price generally starts with 5 pieces and 10 pieces. If you buy more, the 2-3 pieces may also give you the wholesale price. In any case, let the staller know that you are coming for wholesale.

The second thing is to ask if there is any inventory of the goods, If not, how many days to stock up. Every booth must be asked clearly, and then add a certain amount of time (because Yiwu’s goods are from all over the country, there will be unexpected situations such as stocking time) so that you can know when your shipment will be ready.

The third thing is that the price quoted by the stall owner is the RMB price, which you need to convert to the currency unit of your country at the current exchange rate. You can try to bargain again during the conversation to see if you can get extra offers.

The fourth thing is that you should take a picture of each product and save it. If you place an order, you can send it to us, your freight forwarder. We will follow this to check if the received goods and your original orders are the same.

5. Contract signing and follow-up delivery

In the previous steps, after finalizing the details, pick the products you need directly. You can sign a contract with the seller on the booth. The contract format is generally available to the seller. You can also provide your format. However, it should be noted that sellers generally have a low level of English. So it is recommended that you use their format or contract so that they can accurately prepare the products you need. Another thing to note is that the contractual payment conditions in Yiwu are generally paid after the warehouse inspection.

At this time our role will play. We can provide you with warehouse receipt and inspection services, container packing services, and collection and payment services.

Use our tailor-made service and let the seller deliver to our warehouse. After checking the cargo quality and quantity according to the order contract given by you, we will pay the money to the stall owner. After receiving the goods, we will arrange container booking, loading, and then export customs declaration services. These are the one-stop services we provide to you, with high efficiency and stable prices. For details, please send us QUOTE US to get accurate quotation and follow-up services.

6. Post-shipment issues

We will provide a detailed packing list, integrate it according to each booth list, and send it to you. After the shipment, upon your payment of service charge, we will mail you a full set of shipping documents to facilitate customs clearance at the port of destination. If you choose our door-to-door service, you can wait for your goods to directly arrive at the designated warehouse of the destination port.

Several issues to be aware of

1) Ordering in Yiwu must consider time

Because as mentioned above, many sellers also have to go to various factories to pick up the goods, so it is very likely that several items will be out of stock. So buyers must have alternatives. These sellers should be treated with caution in the future, because some sellers have signed contracts for you when they are out of stock. This is an expression of dishonesty. Do not do business with them as much as possible in the future.

2) Need to pay attention to the intellectual property rights of Yiwu products

In order to attract business, many sellers will prepare products that can only be authorized for domestic sales at the booth. They don’t know that these products (or pretend they don’t know) export problems with intellectual property. You will often find such products very price competitive, you want to buy. But you must confirm with us whether these products have intellectual property issues. If there are intellectual property issues, we recommend that you do not purchase. If you are inspected by the customs at the export stage, your goods will be confiscated and you will face severe fines.

3) On the occasion of the Chinese Lunar New Year, you need to order as early as possible and urge the seller to ship on time.

Chinese Lunar New Year is the biggest festival for Chinese people. This is especially true for workers in production plants. The general production plant is on holiday 10-15 days before the holiday. Logistics and other ancillary services will also be an early holiday. So if you want to ship before the Lunar New Year, first check the date of the Chinese Lunar New Year, and then place an order for Yiwu sellers at least 30 days in advance, so that they can deliver them at least 10 days before the annual leave. Make your goods catch up with the delivery in time.

If you have any specific questions, please feel free to contact us. We will give you a detailed answer. Our services include the following

a. Negotiation and visit accompany

b. Warehouse services

c. Agency for collection and payment

d. Quality and Loading Inspection

e. Container Loading

f. Int’l forwarding services like export customs clearance, booking, document preparing

g. Other services

Basically, we can give you a satisfactory answer to all the questions about Yiwu procurement.

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