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10 Tips To Import Bicycle Rack From China (Part One)

  • Author:Rita
  • Release on:2015-12-30
When importing there are a number of things you will have to consider,today,I collect 10 important tips to help your business go well.

1.Plan your import objectives,bicycle rack for example.
Before you start importing, it's a good idea to be clear about what you are trying to achieve. You might be looking at China to find a cheaper source of supplies, or to import products that aren't yet available in the UK to sell to your customers. At the same time importing should fit in with your overall business strategy.

2.Identify a good, legitimate and reliable supplier
Check the supplier is creditworthy and can meet your quality standards. You should assess product quality and check that the goods you buy are suitable. You need to know whether the supplier outsources any work to subcontractors.

3.Negotiate the right deal
Understanding your own strengths and weaknesses, and what your supplier's priorities are, helps you negotiate the best deal. For example, if you have a healthy cash position, you could offer to pay more promptly in return for a good price.

The Chinese believe that prospective business partners should build a relationship and, if successful, commercial transactions will follow. The objective of developing close relationships is to build what the Chinese call guanxi (pronounced gwan shee), which are essentially social or business connections based on mutual interest and benefit.

4.Reduce risk by having a clear contract
It is important to have a clear contract setting out exactly what payment and delivery terms you have agreed. Using internationally agreed Incoterms (International Commercial Terms) helps reduce the risk of delivery problems or misunderstandings. The contract should also cover what payment is required, when and in what currency, and what payment method will be used.

5.Choose which method of transportation you are going to use
When making your choice as to how you are going to import, you will need to decide whether to handle logistics by yourself, or outsource the work to a freight forwarder.

When importing from China your main options are air and sea. If your business needs to transport large quantities but there is no pressure to deliver quickly, shipping by sea may be suitable. However, if you require your items quickly and with higher levels of security, shipping by air might be more appropriate.

If you are importing smaller items you may want to look at importing by post.

Due to the time,I can only write here today,don't worry,the part two will be written at later on.