Friends, I greet you all.
Based on my blog traffic statistics, I’ve noticed that many people are interested in purchasing guaranteed-quality goods from China. I think that everyone is looking for a product of their own quality, and Russian buyers are especially demanding cheaper products, which by definition can’t be 100% quality. We visited a sock factory in Yiwu, and the owner bluntly stated that only Russian entrepreneurs ask for standard threads to be replaced with cheaper ones. That’s why. It serves the Japanese and American markets, which have high-quality standards. And such examples are ubiquitous.
Therefore, product quality shouldn’t be a concern for our customers if the supplier is a Chinese manufacturer. However, not every manufacturer in China is licensed to engage in foreign trade. These factories are “sponsored” by Chinese trading companies—intermediaries. They will help you purchase, clear customs, and ship your goods from China. This service costs 2-3% of the purchase price. Lately, I’ve often seen advertisements in China declaring that they don’t charge a percentage for the first purchase, but I think this is a marketing ploy—they’ll include their percentage in customs clearance or shipping costs from China to Russia.
Standard warehouse for goods consolidation in Yiwu
This increase in the cost of purchasing high-quality Chinese goods can only significantly impact large wholesale orders. On the other hand, you’ll be protected from any potential complications when shipping goods from China yourself.f Therefore, feel free to enter into a contract with a Chinese intermediary company for the goods you’re interested in, such as Vesna. The company is a reputable company with extensive experience working with Russia, and its director speaks fluent Russian. Currently, they ship 30-40 containers per month to their clients via Ningbo to Vladivostok, complete customs clearance, then, at the client’s request, offer truck, air, or rail transportation.
As the experience of such Chinese companies shows, Russian entrepreneurs start their own businesses in China with a small investment—typically starting from $1,500. Within a year, they’re already generating $30,000 in turnover if they find the right product in China and their target audience in Russia.
Without further ado, our employee’s wife bought a small batch of jewelry to try out and brought it back to Vladivostok on July 20, 2013. It was all sold in two days, with a 360% profit margin! When I left Yiwu on August 12, 2013, they handed me the next batch of goods—a turnover, indeed!
I spend almost half my time traveling around China.
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