As your eBiz grows, and housing large stores of inventory becomes feasible, importing becomes a cost-effective way to source products. If you purchase in large volumes, the incredible deals you can find by purchasing directly from overseas manufacturers may outweigh the costs and complications involved. The key to importing profitably is to do your homework:
Research your suppliers
According to Peter Zapf, of http://GlobalSources.com and http://GlobalSourcesDirect.com, there are several steps you should take to find and select a manufacturer:
Locate suppliers. Look for online sites that deliver imported goods directly, or that list manufacturer names and contact information. If possible, attend an overseas tradeshow, visit their booths, and ask questions in person.
Verify suppliers. To ensure youre dealing with legitimate suppliers, find out what steps a website takes to verify the manufacturers they list. Also, ask the suppliers if they participate in any tradeshows, and then go to those shows websites and confirm their participation. Most tradeshows research the manufacturers they let in; and a company that invests the money to take part in a...
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