Many countries import goods from China, including the United States. So, when talking about starting your business, don’t be afraid to import too. Of course, a lot of factors have to be put into consideration.
As a result, being fearful in the beginning is understandable. Besides, importing goods means you deal with vendors who you’ve never met. This makes communication the only way to get what you need. Still, communication is not the most efficient because the language and cultural barriers also present a challenge.
Sourcing from China should not be as intimidating as most business owners think. But first, here are common mistakes to avoid.
3 Common Mistakes Importers Make
Importing from overseas already presents a few problems. However, importers should consider buying from China because there’s a lot of potential to tap into. Here’s what to avoid:
- Misunderstanding How to do Business with Chinese Traders
First, it’s best that you understand that language and cultural differences have a significant role to play in your interaction. In China, there are more than eight linguistic groups and even more dialects. Although the official language is Mandarin, most foreigners cannot speak the language either.
Thus, sourcing from China becomes less smooth because not everyone is willing to learn the new language. In addition, what appears polite in other cultures might not sit well with Chinese business people. So, you have to be careful not to say or do anything that could affect the transaction.
- Being Clueless About the Rules
Every imported product has trade rules. Therefore, before starting the buying process, understand all the regulations fully. In addition, organizations such as the European Union have special guidelines that everyone must follow.
Although China is excellent to import from, some suppliers don’t produce goods that meet the set standards. So, before you import goods into your country, ensure the products comply with the standards. This way, you avoid delays and clearance issues. Visit the customs office in your country for more information on importation rules and guidelines.
- Choosing Unreliable Suppliers
Once the imported product leaves China, you are fully responsible for clearance and customs. So, if there are issues with the goods, you can get into serious trouble with the authorities. The only way to avoid such problems is to do proper research in the beginning. Some other tips to help choose suppliers include:
- Know the source of materials
- Speak to other importers
- Visit the production ground to ensure the supplier exists
- Employ the services of a specialist with knowledge of the production process
Why Importers Shouldn’t be Afraid
Although some suppliers are insincere and might cost you a lot of money, most are genuine. However, you must do your due diligence to find out the credibility of a Chinese supplier before transacting.
Most information in the public domain about sourcing from China is untrue. So, be careful what you choose to believe, and do proper research.
Also, some Chinese vendors understand English. Therefore, it might be unnecessary to learn Mandarin or get an interpreter. This will make communication easier and the entire importation process smoother.
If you’re starting a business or buying more stock for your store, you’ll get better prices overseas. First-timers will find it intimidating at first, but it’s less stressful than you think. However, if it helps, start by importing fewer goods to understand the importation process. Within no time, you’ll be ready to expand your imports.
