There are certain things you need to know before starting mini importation. in every business there are things which you must acquire for example venturing into a small scale business you need capital. so in importation to have a good profit you must learn how to procure for your self.
What you need before starting mini importation.
A PAYMENT CHANNEL.
We have many means to pay for goods when buying from china and some of the means are.
1. Alipay
2. Wepay
3. Paying through agent
4. Western union (money gram).
A GOOD PHONE OR LAPTOP.
When we are talking about buying from china we don't need to travel there to get our goods it has to with online transactions which is well secure only when you are dealing directly with the manufacturer not with agent. So you need a good phone for you to buy from china store like alibaba, 1688, Tmall etc.
A GOOD LOGISTICS COMPANY.
One of the major problem you will face when buying from china is logistics. If you are not patient enough you might get discourage buying but all you need to know is that try to stick to one logistics because when you use them always you tend to understand their pattern moving from one to one might affect your business.
And you need to work with a reliable logistics to secure your goods because some logistics will always loss your goods and they won't do anything and some even steal your goods when it arrive their logistics so make use of a well known logistics.
A AGENT BUYING FOR YOU OR A PROCUREMENT COMPANY.
This one is optional when it comes to buying from china because when you are using agent your charges increase due to payment for his service but many people prefer using an agent to avoid buying substandard goods from china or they could not pay manufacturer in china themselves so they get someone who can pay for them that is why most people use agent in buying from china.
And using of procurement company reduce your profit to the minimum because they charge
more than agent so it is advisable you buy from china by yourself to make a 100% profit on importation.
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