Yiwu is known to be one of China's largest export bases for small commodities. In 2005, it was called "the world's largest wholesale market for small commodities" by the United Nations, Morgan Stanley, the World Bank ,and other authorities. As a result, it attracts importers from all over the world to trade in Yiwu.
The primary question for every customer will be: Where to find Yiwu Agent? And how to find a reliable Yiwu agent?
Google can find a lot of purchasing agents, but how do you find reliable Yiwu agents? Here are six questions you must ask when choosing the right purchasing agent.
Under normal circumstances, the capital chain of the company agent will be much stronger than the individual agent. Payment for individual agents is usually needed 100% payment before shipment, however, if it is a company agent type, the payment can usually be a 30% deposit, then a 70% balance against BL COPY, especially for some foreign large enterprises, this can effectively ease the financial pressure. So you're better off working with a company than with an individual, it's more secure.
This is a very important point. Different purchasing agents will be good at purchasing different kinds of products. For example, a purchasing agent who specializes in purchasing clothing will be different from a purchasing agent who specializes in purchasing plastic products, because the key points of purchase are completely different. Ideally, you can find a purchasing agent who specializes in sourcing the products you are looking for. You can ask them professional questions about the product you are importing to help you determine whether the purchasing agent is familiar with the product.
Anyone is willing to work with experienced people, which can reduce and avoid some problems at work. Because more experience means more resources for the purchasing agent. At the same time, you can ask the purchasing agent to provide some real examples of how they have successfully helped other customers import from China. And in the communication, you can test whether this Yiwu agent has years of experience in Yiwu agent. For example, you can ask him which section of the Yiwu market are the children's toys and which floors are they in. If they are an experienced agent, they must be able to reply to you quickly.
Normally, the professional and reliable Yiwu agent will investigate the production capacity and financial capacity of the factory or vendor before placing an order, to determine whether the factory can cooperate with our order professionally and quickly, they will also visit the factory’s workshop and warehouse or store, you can ask them for some video or pictures for reference. After that, there is generally no delay in orders, don't worry about the delay in the shipment.
In a normal situations, the commission charge standard of the Yiwu agent is 3-5%. Some Yiwu Agents may charge 1-2%, some even 8-10%, but the charge fees are quite different. Let me analyze it with you. Usually, the inland charge in China is about 1-2%. Beside it, there also have labor operation fees, storage fees ,and other fees, so a 2% commission is far from enough. However, these agents will try other ways to recover this profit, such as the freight, and documents cost...And these Yiwu Agents may not be so active in the after-sales service.
You paid a commission, you also need to know what the fee includes. Because some purchasing agents only do purchasing, and do not provide quality inspection, factory inspection , and delivery services. If you need them to help you with quality checks, factory inspections, or shipping, then you may need to look for a third-party agent to help you, which will be more expensive than a purchasing agent that includes these services. Ask them in as much detail as possible and you won't be surprised if the purchasing agent charges you for other services. Usually, 3-5% commission with these services, product recommendations, orders operation, factory inspection, product control shipment ,and domestic export services... All export services can be covered. But you'd better double-check before placing an order or using this Yiwu agent, you can let them the list service to you, then stamp the documents.
You can ask more questions to collect more information about the Yiwu agent of this company, ask questions, and do not need to pay money.
More questions or details if you want to know, welcome to contact me, and I will explain and solve the question for you one by one.
