How do I find a good sourcing agent in China?
Table of Contents
- 1 How do I find a good sourcing agent in China?
- 2 What are sourcing companies?
- 3 How much do sourcing companies charge?
- 4 What are examples of sourcing?
- 5 How do sourcing agents make money?
- 6 What are the best wholesale sourcing companies in China?
- 7 Are other Chinese suppliers or sourcing companies negative to balance?
How do I find a good sourcing agent in China?
Things to consider when choosing a sourcing agent in China
- Location of the sourcing agent.
- Experience of the sourcing agent.
- Check for references.
- Get the required documentation.
- Check how they deal with quality issues.
- Have the necessary license.
- Check the language proficiency.
- Expertise on the product that you want to buy.
Do you need a sourcing agent in China?
It will be an investment for your company before production starts, but it is a good option if you forecast large orders down the road. Such agents used to be very rare but I am sure they will become more and more common. The best ones tend to work as a procurement office and to be well organized.
What are sourcing companies?
What is a sourcing company?
- A Sourcing Company or a sourcing agent helps a company find sources for products and supplies at a low cost and/or of a certain quality or attributes.
- Sourcing companies and agents work to get clients the best price for whatever product they need and meet quality standards.
How are sourcing agents paid in China?
As there is no standard, you may have to pay anywhere between 5\%-10\% of the order cost as sourcing fees. However, the percentage will depend on the size of the order and also the type of product. If your order is bigger, some sourcing agencies may work on as low as 3\% commission.
How much do sourcing companies charge?
The most common forms of compensation a sourcing agent will receive are the following: Flat rate commission: This rate is usually advertised and ranges between 1\% – 10\% of the factory price. They collect this fee when it is time to pay the supplier, and tack it onto their clients invoice.
How do I find a dropshipping agent in China?
Best Dropshipping Agent in China:
- Best Dropshipping Agent in China:
- AliExpress. Maybe you have heard about drop shipping with AliExpress fulfillment center; even you are not using it.
- Banggood.
- CJdropshipping.
- Chinabrands.
- DHgate.
- Global Sources.
- Jingsourcing.
What are examples of sourcing?
refers to buying the raw materials or components that go into a company’s products from around the world, not just from the headquarters’ country. For example, Starbucks buys its coffee from locations like Colombia and Guatemala. The advantages of global sourcing are quality and lower cost.
What are the types of sourcing?
Some sourcing strategies to consider:
- Outsourcing. Having suppliers provide goods and services that were previously provided internally.
- Insourcing. Delegating a job to someone within the company.
- Nearsourcing.
- Vertical integration.
- Few or many suppliers.
- Joint ventures.
- Virtual enterprise.
How do sourcing agents make money?
Another way that a sourcing agent can make money is to find a low-cost, and often low-quality, manufacturer, charge you what quality suppliers would charge, and split the difference with the factory. As an example, most of the bids for a project from good suppliers may result in a competitive price of $10 per part.
Why choose joinjingsourcing for China Sourcing?
Jingsourcing is not only a China sourcing company but your long-term partner. For different business models, we will tailor our services to best support your business.
What are the best wholesale sourcing companies in China?
Named after its talented founder, Zhu Jing, this sourcing company is based in Yiwu, Zhejiang, which is China’s leading hub for wholesale products. Jing Sourcing has a strong digital presence and offers small buyers a free product sourcing service.
How many China sourcing agents are there in the world?
There are tens thousands of China sourcing agents in the world, but Jingsourcing is absolutely the leading one for your business.
Are other Chinese suppliers or sourcing companies negative to balance?
But other Chinese suppliers or sourcing companies are always negative to balance. Our company has over 60 employees, and all of them have years of China sourcing experience for a wide range of products. But most other sourcing companies are less than 10 people team, with real expertise in fewer categories.