This page includes some useful information on Business etiquette in China, Chinese social culture and business culture.
If you are interested in trading with China independently, our consultancy services can give you the necessary skills and mentor you through the initial transactions. To get you started, you might like to consult this page to get some general guide lines of etiquette in China.
You could visit Caymeo’s View to get our experts view on trading information, or just click following links to obtain essential information:If you would like to know more about the the business etiquette in China, just visit Caymeo's View. Our consultants will share experience with you and answer your question.
How To importing and dropshipping from china
This is the section to help you get some basic idea on how to sourcing your products or sourcing best manufacture, and do business in China
Phase One: Getting Started
Now, you are thinking about buying your product from China by taking advantage of low cost and high quality products. The first step for you is to find the most reliable possible source to secure your investment even just for one quid or one buck. So, follow the step: research markets and suppliers, make sure you are buying directly from suppliers and trying to avoid dealing with small companies even they offer you unbelievable great deal. Tips: Although its good for you to trade directly with manufacturer, however, there will be language barrier and techincal issues involved, so a good trading company is always helpful as they usually get rich experience and resources in particular industry which reduce quite a lot of risk for you from risk management purpose.
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Phase Two: Details & Details
At this stage, you should have already get a lists of product specification, potential manufacturers, target prices etc. Go over to visit or get a reliable local contacts to visit. Ask as detailed question as possible to get first hand information on whether the selected manufacturer are qualified to be your supplier or business partner, what their capability and credibility are.
Tips: Do not forget to visit our "China sourcing Questions and answers" page to get more information or just get in touch with us to find reliable resources.
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Phase Three:Contract Payment
Contract is vital for protecting your investment and benefits. Its too late to find legal assistance when you meet up with dispute on goods. Get a specialist who is familiar with both common law and civil law system to help you on contracting with your supplier. In the contract, do not forget to mention payment terms and credit terms which not only are the essential part of the whole trading, but also do good to your financial situation such as cash flow.
Tips: L/C (Letter of Credit) will make the the risk of the payment lowest. Although you may be not familiar with this tool, do not worry, speak to your banker, you will get most reliable advice from them. Once you setup good relationship with manufacturer, credit terms normally will be offered, then Wire Transfer is will be the ideal payment methods. Speak to Caymeo, we will give you more advice based on your case.
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Phase Four: Inspect & Logistics
You may need to go over to inspect goods yourself or to be engaged with a third party to do so to make sure the goods fully comply the standards and are exactly what you want. The inspection precess will be taken place till the goods were loaded into container properly.
Tips: Probably most of the buyer will ignore the loading inspection. Do not make any mistake here, from our past experience, this is actually one step away from a successful sourcing, but quite a lot of companies turned it to be a disaster. Make sure your loading process are carried out on professional manner so that no damages on the transportation especially for those easy-broken stuff.
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A lot more information caymeo will share with you, please visit Caymeo's View to get most up to date details.