When you are not importing your goods in very large quantities, your negotiation power will be limited. Still, you can get a very good deal and a fair price, if you will take care of all the relevant details.
Here is what you should pay attention at:
You might end up with three different quotations, which is a standard practice. However, you will need to make the right choice: a fair price for quality products.
Ask as many questions as you can to the manufacturer’s representatives:
- Which is the thickness of the material?
- If the product is dyed, how many layers were used?
- Which are the exact components of the material?
All these details need to finally be mentioned in the contract.
Often, the very low-priced products can have a very low quality. Make sure the price you pay is the right price and the quality of the products is the one you need! And if the price is incredibly low, stay away!
When importing large quantities of goods from China, you need to consider and make an estimation of the production costs. This will allow you a better position in negotiating the prices of the products. Here are some items that you should consider:
- Material costs
- Workforce and production capacities