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How do you approach a manufacturer in another country to let you import it to yours? Priority No. 1 is to select a product that is successful in its present domestic operation and has the look and feel of export potential (meaning everybody, everywhere —already loves it and is likely to continue doing so even in the United States). Priority No. 2 is to go to market with what you are familiar with. Priority No. 3 is to view the potential of the product in front of you through the eyes of... Read More

How to Choose the Right China Sourcing Agent or Buy Wholesale from China  How to Choose the Right China Sourcing Agent or Buy Wholesale from China can be pretty a tasking job in particular if it is your first time. It requires ample training as it is time-consuming and a lot of assets are worried (monetary resources). So, to ease this undertaking one wants a China buying agent to characterize him in the actual market and be in a position to get the proper merchandise at the... Read More

Have a new product idea that shocked the world? what are you waiting for? When developing and pricing new products overseas, the first step should be to check whether similar products already exist on the market and what the prices are. If there are similar products, check out how to differentiate your ideas and use the prices of competing products as a starting point. This is needed to bring products to market and price them fairly. Let me first sketch that many people sourcing... Read More

Now that you have analyzed your business requirements and completed your vendor search, you are ready to start the meat-and-potatoes of the vendor selection process. A well-written Request for Proposal (RFP) or Request for Quotation (RFQ) is the key for selecting the best vendor at the best value for your company. Writing a RFP or RFQ is not difficult if you understand the objectives and function of the document. Decide: Request for Proposal or Request for Quotation Request for Proposal... Read More

The vendor selection process can be a very complicated and emotional undertaking if you don’t know how to approach it from the very start. Here are five steps to help you select the right vendor for your business. This guide will show you how to analyze your business requirements, search for prospective vendors, lead the team in selecting the winning vendor and provide you with insight on contract negotiations and avoid negotiation mistakes. Analyze the Business Requirements Before you... Read More

Outsourcing has seen a lot of press over the years. Some look to outsourcing as the savior of their company, while others see outsourcing as an evil, job-killing management tactic. Before you start to evaluate if an outsourcing strategy is right for your company, you need to understand what it is and what it is not. Outsourcing Defined Outsourcing is the contracting out of any task, operation, job or process that was originally performed by employees within your company to a third party for a... Read More

I hope I am not dreaming. I heard you have a great product ready to import or export, now all you need to do is get it in the hands of a few good customers, and you are off to international trade nirvana. Wait, not so fast. How do you know the product will sell? Will you make money selling it? How should you price the product? All importers and exporters must face these questions at some point if they want to achieve success in the global marketplace. Here are a few solutions to guide you in... Read More

Introduction Quality is an important part of the supply chain, whether it is quality inspections during the manufacturing process, quality checks before goods arrive at the customer, or checking the quality as raw materials and parts enter the factory. Before any part or raw material is used in a manufacturer of a finished good that will be delivered to a customer, it is the responsibility of the purchasing department to ensure that the materials that arrive are of the correct quality... Read More

Got a great product idea? Then get ready to source and import it. The whole point of importing is to broaden your selection of suppliers worldwide, lower prices and increase profit margins, all part of a global strategy to become a competitive force in the marketplace. Let’s take a look at how to do that. Order It on the Cheap. Let’s say you ask a United States manufacturer to make hammers for you to complement your already existing line of hardware products; they cost $1/unit... Read More

Globalization and the internet have made sourcing products from overseas more accessible than ever before. The ability to get access to products at significantly lower prices has made sourcing a very appealing option for many businesses. Small and large businesses alike are utilizing web resources to gain access to vendors that were once out of reach. However, sourcing products overseas may seem like an overwhelming task for those who have never done it... Read More

When you run an ecommerce business, one of the most important details to handle is how you will ship your products to your customers. While shipping out of your garage works well in the startup stage, once you outgrow this phase, that model becomes unsustainable. There comes a point in every business owner’s life when they realize they need to  streamline their logistics process, said Krishna Iyer, director of strategic alliances for ShipStation. If you’ve reached... Read More

Every product out on the market today started as an idea in someone’s head. From a mobile device to a software platform or a kitchen gadget, most items you can purchase came to life through the process of invention. The road from concept to finished product can be a long one, and those who travel it often face numerous obstacles and setbacks. But armed with the right information and resources, you can put yourself on the path to bringing your invention to market. Here’s what... Read More

Are you looking for an overseas factory to manufacture your products? Rather than searching for a factory yourself – a task akin … Are you looking for an overseas factory to manufacture your products? Rather than searching for a factory yourself – a task akin to the proverbial needle in a haystack, especially from afar — look for a good sourcing agent or sourcing company to do that work for you. A good sourcing agent, either in the U.S. or in country, can: 1.... Read More

You have a great new product that you want to take global. Now, you need to find someone to manufacture that product. Do you know where to find a manufacturer overseas? I do. Contract manufacturing is when a company arranges to have a local or overseas manufacturer make all or part of the product. Typically, the hiring firm provides a design or formula to the contract manufacturer to replicate or improve. The selling and marketing of the product is left to the hiring company, unless... Read More

If you’ve been reading our previous posts on finding niche ideas and evaluatingg products to sell online, you may have started coming up with some ideas of your own. This can be an interesting time for an entrepreneur as momentum begins to build and excitement grows the more you think about your idea.  However, time and time again, many entrepreneurs find themselves hitting a brick wall and losing momentum when it comes time to actually source products. Whether... Read More

How will you get your products from China to your warehouse? Don’t assume that the Chinese factory will do this for you or fail to include the cost in your price calculations. Did the factory quote FOB pricing – Free On Board? You will need to find a suitable China freight forwarder to handle the shipping from China. Firstly you should understand that China freight forwarders buy in bulk from the carriers or shipping companies. If your volume is large enough,... Read More

In deciding whether to accept your order we may use the information you have given to us, or we already hold about you, or which we receive from any enquiry we may make with us to confirm your identity. thecrazyones will check any details we disclose to them against any data bases (public or private) to which they have access and will keep a record of that check. thecrazyones will also retain this information and may use it in the future to assist other companies with... Read More