Chinese production for European and American markets has exponentially grown in recent years. This is due to cheap labor and cheap production costs in this country. It’s an amazing country with a multitude of companies offering what you want to produce. However, this information is well known to everyone, but for many new businesses there is a logical question of how to manufacture a product in China, to be profitable and not to lose anything.
Begin by submitting drawings or product templates you want to produce. There should be no problem sending a sample of products that are produced free of charge. Send your drawings to at least 3 companies to get 3 different quotes. That means you should get 3 samples, one from each company. Regardless of the price (there will not be much between them) choose a sample of the best quality. So it will be more profitable for longer period.
Planning and organizing are essential when dealing with Chinese companies. Delivery usually takes 6-8 weeks so you have to plan ahead each time. For the first few transactions you could insist that you pay for the goods until you build a business relationship where you could then be able to give a loan for one or two months.
This is quite normal so you need to get references from others about the company you are planning to do business with. You see, there are companies there that have to be avoided at all costs. Usually larger, better, companies that already have large production levels for other companies can be a good choice.
I believe that the items usually cost about $ 50 here in the western world, you could get a replica made in China for $ 8- $ 10. You have to do a thorough investigation in the market there before you invest money. If you get big sales levels in your business, production in China is becoming more and more viable.
There is a lot of money to sell products to other companies, to sell your own wholesaling products, but when you start producing your own products, it’s time when big margins come into play. If you are wondering how to manufacture a product, check out the famous Chinese factories that work successfully for several years and get in touch with them, for more information, check out online at their website. That could be the best move you’ll ever make.