The Easy Way to Source Products from China
The U.S. and China are among the world’s largest trading partners. General Motors, Intel, Boeing, Nike, Coca-Cola, Procter & Gamble, Apple, and Starbucks reflect thousands of U.S. companies that sell products to Chinese consumers, often dominating their market niche.
China, by contrast, leads the world in manufacturing — roughly 20 percent of the world’s industrial output comes from China. Clothing, furniture, electronics, appliances, automotive parts, and pharmaceuticals are all manufactured in massive scale in China, often in smaller factories. The 2016 China Statistical Yearbook reported 2,801,143 factories in China, compared to 274,407 in the U.S.
At 1.4 billion residents, China has the world’s largest population, the world’s largest labor force, and, importantly, relatively low hourly manufacturing wages. According to the Boston Consulting Group, hourly manufacturing wages in China now average $12.43, compared to $22.32 in the U.S.
In short, China is an enticing consumer market for U.S. companies and a viable source of affordable manufactured goods for U.S. retailers and distributors.
But for many retailers and distributors, importing those manufactured goods from China can be frustrating. Obstacles can include inconsistent delivery, uncertain regulations, communication challenges, and payment terms.
The inability to closely inspect a product prior to buying it could be the biggest obstacle of all.
DHgate is a business-to-business website that facilitates the sale of Chinese manufactured goods. DHgate’s new Digital Trade Centers in the U.S. will greatly simplify the process of importing Chinese goods.
Digital Trade Centers are physical “storefronts” for U.S. retailers. DTCs integrate an in-person sourcing experience with cutting-edge digital technology. They are localized suites for global importers. The launch of the DTCs will empower small businesses in the U.S. to streamline the process of importing Chinese products.
- Physical interaction with products
Digital Trade Centers will stock thousands of products from China for retailers to test in person.
- Local staff
DTC staff knows the culture, business customs, and language of the U.S. and China. They understand how you want to buy and your expectations
Retailers who visit a DTC will find compelling products from hundreds of categories from multiple Chinese suppliers. Retailers can then communicate with those suppliers on premise from an order station, in real time. It builds trust and avoids traveling to China and hiring an agent there.
- After-sales services
DTC’s exclusive after-sales services will change the importing industry. Importers will never have to ship something back to China. Instead, importers will return products to the DTC, which will then replace them.
- Local delivery
DTCs have local warehouses that can deliver products within 24 hours. This avoids the common delays with overseas transport for popular items. Moreover, local warehouses enable retailers to easily test items.
- Rich product selection
DTCs are permanent trade shows for importers, with inventory that is continually updated. Importers can inspect thousands of products, discuss customization needs, and explore new categories.
- Procurement efficiencies
DTCs offer free product samples to buyers, eliminating the hassle of negotiating and waiting for the samples to arrive. And buyers at a DTC can scan products’ barcodes with their phones for in-depth information.
DTCs provide free in-person training for importers — on technology, sourcing, product selection, and distribution.
- On-site guidance
DTCs have access, via DHgate, to a huge number transactions and purchase history from past 13 years — over 10 million buyers and 1.4 million suppliers. DTCs provide this data to importers to help them make informed purchasing decisions.
- Match making
DTCs help importers find the right suppliers, for successful long-term relationships. DTC staff can interview importers, access their needs, and then introduce them to qualified suppliers.
DHgate is a leading B2B cross-border ecommerce marketplace in China, providing global importers with quality products at competitive prices. Founded in 2004, DHgate.com has approximately 10 million global buyers from 227 countries and regions, with 1.4 million global sellers offering 40 million products in eight languages.