Guide for Re-sellers: How to Get Best-Margin Consumer Electronics from Reliable Chinese Suppliers

Tablet PCs at Ahappydeal.comWhen it comes to sourcing consumer electronics from China, Shenzhen is definitely a can’t-missed-out name – the city is the biggest manufacturing hub of various kinds of consumer electronics made for both the Chinese domestic market and the global market.

To purchase consumer electronics in wholesale quantities, the best way is to shop online with trusted suppliers based in Shenzhen. The shopping websites you use are not necessarily based there though. At the same time, just as the way I introduced in the previous post by which you can shop made-in-China jewelry efficiently (read it here), you can also choose to cooperate with a partner locating in the city. That is, to find a dependable partner in China to arrange the sourcing and the logistics for your wholesale or retail business in your own country. With the help of the partner, you can save more cost and the quality of the products you purchase can be better verified.Apple Accessories at Focalprice.com

Actually I have published a post titled “Huaqiangbei: the Biggest Marketplace of Electronics and Digital Products in China” (read the full post here), which introduced Shenzhen’s most famous wholesale electronics marketplace. If you could find a supplier running business in Huaqiangbei, that would be good. However, for online business, it does not matter much where exactly the office is located. As long as the supplier is based in Shenzhen, or any other place nearing the city, it could be a better choice as it means that the cost is reduced without the Chinese domestic shipping fee and that it is much more convenient for the supplier to source the products of your interest from the physical wholesale marketplaces.

As for best sites of wholesale consumer electronics, one of my old articles listed some long ago. I found that the information provided there is somewhat out of date and it is necessary to give it a update here. In addition to the sites mentioned in that post (Aliexpress.com, Chinavasion.com, Lightinthebox.com, Lightake.com and more), there are some other Chinese sites famous for made-in-China consumer electronics. Here is the list:

Continue reading Guide for Re-sellers: How to Get Best-Margin Consumer Electronics from Reliable Chinese Suppliers

Another Good Way of Shopping Cheap Jewelry Efficiently from China: Finding A China-based Partner

In the previous post as a response to my reader, I introduced one efficient way to purchase cheap jewelry from reliable Chinese suppliers. That is, to shop with online China-based stores which allow you to order products in small quantities at low wholesale prices (read the full post here). Here I am going to talk about another good way to get made-in-China jewelry at minimum cost.

Whether you are running a big store or a small shop, you can choose to use one or more online Chinese shopping sites to stock up on products for your inventory. Once you have established stable cooperative relationships with such sites, everything will go easy and you don’t have to worry about your store’s stock anymore. Besides, by shopping with stores accepting small wholesale orders (as small as I piece per order), you can minimize your risk as you don’t need to hold too much stock or to invest too much money. However, despite that there might be more hassles, cooperating with a partner based in China can help you save even more in terms of cost.

This sounds a little bit like traditional trading, for which buyers may need to visit the destination country in person to negotiable about the details concerning the cooperation. However, it is actually not the same thing. It is always good if you can arrange a trip to China to talk face to face with the person you are interested in partnering with, but it is not always necessary to do so. Everything can be done through the internet, phone call or mailing.

The most key part is to find out a reliable partner who is honest, dependable, professional and competent. In particular, I personally would encourage you to use transaction platforms like Aliexpress.com to locate a good partner for your business. Here are the reasons and the specific ways for your reference:

Why?

It can help reduce your cost. Although most wholesale transaction sites including Aliexpress.com and DHgate.com do not charge any fees on buyers and they claim that they are free to use for sellers, they are not really free. Anyway, they need to make money to support the running of their services and to ensure their staff a good life.

Take Aliexpress.com for instance, it is true that they do not charge any fees on sellers upon membership registration. They earn money by adding a 5% commission to the product prices sellers submit to their site. That is, the prices shown on the site are “seller price + Aliexpress commission”. To balance between the cost and the profit, sellers have to submit a price that is profitable, of course. As a result, the prices listed on the site are not the bottom. And this is the very reason why I believe shopping online with the sites is not the only good way for your business.

Continue reading Another Good Way of Shopping Cheap Jewelry Efficiently from China: Finding A China-based Partner

Best Wholesaele Marketplaces of Fashion Accessories in Guangzhou: Taikang City Wholesale Plaza and Wanling Wholesale Center

As the biggest foreign trade base of China, Guangzhou has a huge number of wholesale marketplaces locating in every corner of the city. Most of the marketplaces focus on one or two macro-categories so that buyers or resellers can shop more conveniently. Every year, visitors from all around the world come to these wholesale shopping centers to hunt for products for their businesses and as a result, these places are always very crowded. That’s why Chinese buyers who go there for their domestic business or foreign trade business would rather choose a public traffic tool instead of driving there – it is not easy to find a parking space.

Yesterday we drove to a Guangzhou-based wholesale centre with several marketplaces that mainly offer fashion accessories like jewelry, scarves, glasses, headpieces or watches. Although we had known that finding a parking lot there could be a problem, we still chose to drive there, hoping that we can luckily find a place to park our car. When the GPS prompted that we are getting close to the destination Guangzhou Binbin Plaza, we noticed a one-way street where a non-standard parking service is provided. It charges 10 RMB per hour. So expensive! Anyway, it seems we have no other better choices so we decided to park there. To our surprise, a wholesale marketplace of fashion accessories is right there at the roadside, named “Taikang City Wholesale Plaza”. We had not known this marketplace before and our target place is another famous wholesale marketplace: Wanling International Wholesale Center.

A store at Kaitang City Wholesale PlazaAnyway, we took a quick tour in the Taikang City wholesale trading building and purchased some really nice fashion accessories including necklaces, bracelets and earrings. The merchants generally offer you wholesale prices as long as you purchase a dozen or twenty pieces per order. If you just shop one piece for your personal use, you have to pay a retail price which is much higher than the wholesale price. The products for sale there are very cheap in pricing, e.g. a vintage bracelet made in real leather is available at ¥5-10 RMB (about $1-2 USD) for wholesale orders.

Then we walked for three minutes to Wanling International Wholesale Center, which is nearing the popular shopping mall Haizhou Binbin Plaza. The major businesses the market runs are: toys, knickknacks, boutique, fashion accessories, home adornments, stationery and more. As the Christmas is right around the corner, we saw many Christmas supplies there, such as Christmas trees, Christmas toys, Christmas decorations, Santa Claus Figures, etc. Not surprisingly, we found that many foreigners were busy shopping there for various products. Continue reading Best Wholesaele Marketplaces of Fashion Accessories in Guangzhou: Taikang City Wholesale Plaza and Wanling Wholesale Center

How Do We Review Chinese Shopping Sites Here?

This post is composed as a response to a comment left by a user of our site, who argued that he couldn’t understand why the reviews we posted for Chinese shopping sites here are mostly positive or neutral. As he claimed, he had an unhappy shopping experience with Aliexpress.com and he believes the site is not genuine as we review. To help more readers understand how we rate the Chinese online wholesalers or retailers, I think it necessary to make the points clearly disclosed so that you can have a better decision.

Hi XXX (name hided to protect our user’s private information),

Glad to see that you come back again to share your comment here. With regard to the doubts you shed on us, we admit that as a review website we are not perfect and have so much to improve. Thank you for your valuable suggestion.

It is true the reviews we post here of the Chinese sites are basically positive or neutral. The major reasons are as follows:

1) Although we are trying to post reviews of as many Chinese shopping sites as possible, we can’t do the job now as we have planned because we are short of manpower – 99% of articles published here are written by one author only.

As a result, we put the sites we believe are better in terms of credibility and service at the top priority. While we understand that all these sites also have much to improve and negative reviews against them can be found easily on the Internet, we also know that they have tons of happy customers who have been trading with them for years. We emphasize the good sides of these stores or marketplaces simply because we are ourselves Chinese and it is our mission to popularize and promote better Chinese sites to the world. However, we never intend to overstate their advantages or spread any fake information.

All information we revealed here about them is based on our research and knowledge. To dig out information that can add values to our readers, we read Chinese newspapers, visit Chinese forums or social networking sites and communicate with Chinese friends who are working for the companies. We have good reason to say that Aliexpress.com is a legitimate and genuine site: they belong to Alibaba.com, the most famous and biggest e-commerce company in China, all foreign trade people here know this site. In fact, many e-commerce talents jump from other companies in order to join them for better career development, including a good number of my old colleges who like me worked for another famous wholesale trading platform before.

In addition, their site visits and customer quantity have been soaring since they were founded in 2010. You can search Alexa or Google trend to check their website ranking or interest trend (see the graphs below). As a young site they are developing very, very fast. I think this at least well proves that they are a serious business, not a scammer. They have defeated many powerful Chinese competitors in a short time. So despite that they do have flaws, can we say they are not genuine? Certainly we can’t.

Alexa rank of Aliexpress.com

Aliexpress.com’s three-month global traffic rank is 279! This shows the site has a large number of visits. Only big and legitimate sites are able to attract so many visits. See details here >>

Google Search Interest Trend of Aliexpress.com

From the web search interest comparison between Aliexpress.com, DHgate.com and Lightinthebox.com, the most famous Chinese international shopping sites, we can see that though Aliexpress.com is founded years later than either of the two sites, its search interest quickly leaps to the highest in 2012 (see details here). What does it mean?

Continue reading How Do We Review Chinese Shopping Sites Here?

Tips on How to Save Money from Deals Offered by Chinese Sites

If you choose to use Chinese sites to shop for cheap products, you are always encouraged to check out the latest promotions in order to further reduce your cost. So the first and foremost important thing is, to get yourself empowered with the knowledge about when and where to find out the offers at the stores you are interested in. Here are some tips to help you out.

Holidays, Festivals & Events

Pay great attention to the big shopping seasons, usually internationally observed holidays or festivals, including Christmas, Halloween, New Year, Valentine’s Day, Mother’s Day, Father’s Day, Boxing Day, Black Friday, Thanksgiving Day and more. Stores never miss out these important opportunities to boost their sales volumes as well as revenues so they tend to offer deepest discounts on the widest range of products for sell at their sites.

In addition to the widely known international holidays or shopping seasons, some tradition Chinese festivals may also be their promotional events. Seize such chances and you may find astonishing deals. For instance, many China-based trading companies launch promotions during the Chinese Spring Festival (the Chinese New Year), the most important festival of the year for the Chinese people. In the Chinese culture, the New Year means the new start and merchants like to offer specials to attract orders. They believe it is a good way to bring them luck. By doing so, they kick off their new journey to gaining success.

Continue reading Tips on How to Save Money from Deals Offered by Chinese Sites

The 112th Session of Canton Fair 2012

Canton Fair, also known as China Import and Export Fair, is held biannually in Guangzhou, with a history of over 50 years since 1957. As China’s biggest and most prestigious foreign trade show, Canton Fair boasts of the broadest distributions of Chinese suppliers as well as global buyers. With two sessions held in spring and autumn every year, each session includes several phases, which cover different fields of products so that buyers can better arrange their visits to the show.

The 112th session of Canton Fair will be held from October 15 to November 1 in autumn 2012, composed by three phases as listed below:

Phase 1: Oct. 15 – 19, 2012 9:30 – 18:00

Major categories on show:

  • Building Materials
  • Chemical Products
  • Hardware & Tools
  • Electronics & Household
  • Electrical Appliances
  • Lighting Equipment
  • International Pavilion
  • Vehicles & Spare Parts
  • Machinery

Phase 2: Oct. 23 – 27, 2012 9:30 – 18:00

Major categories on show:

  • Consumer Goods
  • Gifts
  • Home Decorations

Phase 3: Oct. 31 – Nov. 4, 2012 9:30 – 18:00

Major categories on show:

  • Medicines, Medical Devices and Health Products
  • Food
  • International Pavilion
  • Textiles & Garments
  • Shoes
  • Office Supplies, Cases & Bags, and Recreation Products

Venue Address: No.380, Yuejiang Zhong Road, Guangzhou, China

Now the first phase of the 112th Canton Fair has ended. Based on the report, the number of buyers who had attended the super show fell off by 11.4%. Anyway, the emerging markets show a robust trend and the proportion of Middle Eastern buyers, Asian buyers and Latin American buyers increased. As far as I am concerned, the performance of 1st phase of the 2012 autumn canton fair indicates that the new markets are a great potential to the development of the future international trade business. At the same time, the fast progress the online foreign trade industry has been making is probably a can’t-be-ignored reason for which the total quantity of the buyers decreased so significantly.

Being China’s most comprehensive foreign trade show at the highest level, Canton Fair targets mainly big buyers who purchase by large bulk (generally 100 pieces or more for a single order). Such a traditional international trade model is seen a gradual decline in terms of attendance number as well as turnover.

Meanwhile, more and more buyers turn to online suppliers as they can procure products in much more flexible ways by doing so. Today China has many online stores that offer whole prices for small orders with MOQ low as 1 piece only, e.g. Lightinthebox.com, Aliexpress.com, etc. Besides, buyers can shop directly online without paying any visits to the trade shows or to the factories and are able to save the time and the cost. Just click on the mouse and the orders will arrive at the door!

 By clicking it, the coupon code will be automatically copied
and you will be directed to the store.