Have you ever considered importing from China to Australia? If you have, then you already know that there are many things to consider when getting your product from the factory in China to customers in Australia. These six key factors as suggested by sourcing agent should be among your considerations as you plan your importation process, including shipping, selling and distribution.
Market Access
The first thing you need to think about when importing from China is market access. Do your products have competitive pricing, are they of high quality, and can they be found easily online? If so, then you’ve probably got a good chance of being successful with imports. You also need to think about the channels that you will use for distribution. If you’re using wholesalers or distributors, do they have access to your products? Will they find it easy enough to distribute them?
Cost
Shipping costs are the first and most important consideration when importing goods from China. Shipping is calculated by weight, so you need to calculate how much your shipment will cost before you make your purchase in order for it to be accurate. This can be done by using a freight calculator or contacting a freight company for an estimate.
Type of Product
The type of product you want to source will have a major influence on the process and factors that you will need to consider. For example, if you want to import electronics, then your options are very different to sourcing medical equipment. A wide range of products is available in China, which can make it hard to decide what you should focus on. Once you have narrowed down your search, be sure to find out more about the specific manufacturing practices for the product you are interested in importing.
Customs and Duties
Customs and duties is just one of those things. Customs duty is an import tax that you need to pay when importing certain goods such as food, alcohol, etc. The duty can be a percentage or a fixed amount per unit. The calculation of the duty depends on what it’s being imported for, the tariff code and whether it’s from a low-duty country or not. It’s recommended to talk with customs before ordering your items to find out about any tariffs that may apply so you can factor this into your budget ahead of time.
Language Barriers
If there are language barriers, it can be difficult to find a reliable supplier. If the supplier does not speak English, you will need to find a way for them to understand what you want and vice versa. Communication is key in any business so if there are language barriers it is important that you have someone fluent in both languages that can help out. It’s a good idea to hire a sourcing agent as they are familiar with the language.
Time Difference
The time difference may lead to miscommunication if the company does not take the necessary steps to accommodate for this such as using a video conference system so that both parties can see each other. A China sourcing agent can work on your behalf and help you in all possible ways to combat the time difference.
As you see, there are a lot of factors to consider. If you’re a beginner, it’s advisable to seek assistance from a sourcing agent China to help you through the process of importing.