A good agent will help a lot for you, they know wholemarkets where to go; they know to bargain the price,they know how to evaluate a good supplier,etc, tips here show how to find a good one.
A good buying agent in a low cost area such as China will bring much convenience to your business
Sourcing agents work as business representative in a specific region for foreign businesses that are looking to import products from that particular region. Most of the times, these are low cost regions like China, Brazil, India, Thailand, Vietnam and the likes. The business might need a sourcing agent because the country is far away, and because of the huge difference in cultures and languages.
Sourcing agents can be hired for both: the final products like clothing, apparels, toys, electronics, or raw materials like iron, oil, plastic, or copper.
It is becoming inevitable for the businesses to try and find the most inexpensive source for materials or products that they need on regular basis to be able to run their business. If they won't do it, their competitors will, and they will eventually be outrun by these competitors, just because they were able to cut down their costs drastically. The difference in the prices (between your local market and the low cost regions) can be startling even if you add the shipment charges and import duties, but there remains one major problem i.e. most of these low cost regions have a totally different culture and majority doesn't even speak English. The communication gap can cause serious hiccups in the trade and jeopardize your business.
A major advantage of hiring sourcing agents is that they will carryout the documentation and licensing tasks on your behalf. All countries have their own laws and regulations related to taxes, imports and exports duties, trade licenses, and all that. For a new comer, it is not easy to get familiar with all of these regulations, and this lack of familiarity might get you in trouble sooner than later. The sourcing agents have complete knowledge of the local laws and they can make sure that you are not violating any of them.
Also, because they are locals, they can reach out and get much better prices via negotiation. Most of them already have good relations with suppliers because sourcing agents don't work solely for just one client (that's why you need to make them sign a Non-Disclosure Agreement).
Normally their work include the following items:
1. Manufacturers and Markets Sourcing, Quotation, Price Negotiation, Orders Following and Quality Control.
2. Guide tour to factories and wholesale markets all over China.
3. Custom clearance and all necessary documentation.
4. Booking container, sea, air, inland transportation.
5. Domestic and local transportation service.
6. Hotel reservation and picking clients up from the airport or railway station.
7. translation, and communication work with product suppliers.
If you plan to find a sourcing agent helping you on business, and the best suggestion is send email to them, to know each other better, make the communication in a good state. and ask them to find the potential suppliers before your travel. that will save time and money, at the same time to test if they can meet your demand. wish to learn more about how to evaluate a good and relaible sourcing agent and business guide or you need someone now, please contact with
MS Rachel at
mobile phone: 0086-15322245448