Stock lot products in China are unbelievably cheap, but they’re not the defective items you might imagine. The low prices are due to factories overproducing or buyers canceling orders, leaving these products unsold for a long time. To clear out this excess stock, factories sell them to specialized wholesalers at 20% or even less of the original factory price. Many of the cheap, free-shipping items on AliExpress come from these sources.
In China, the largest inventory wholesale markets are in Yiwu and Guangzhou. Yiwu inventory wholesale market, also known as Wuai Market, is concentrated on one street, as shown below.
Wuai inventory wholesale market in Yiwu
Guangzhou’s inventory wholesale markets are also large, but unlike Yiwu, they’re spread across different areas. For example, toy and clothing inventory markets are in separate locations. To find them, you’ll need to search online in Chinese or ask the locals for info.
The inventory wholesale markets offer a wide variety of goods, especially consumer products including clothing, shoes, leather goods, bags, accessories, small household items, toys, hardware, plastic products, and other daily necessities. The prices are incredibly low.
Here, many businesspeople from Africa, India, and the Middle East hunt for bargains. Some are very familiar with China, while others use translation apps to communicate with Chinese sellers. Let’s take a look at these incredible prices! Click to enlarge these pics.
NB! Some stock is sold only by the full carton box, not by the kilogram. Higher-quality accessories are slightly more expensive. For example, the bracelet below is 40 cents/pc.
Feeling tempted? But I have to be honest with you—stock lots come with large MOQs. Unlike regular products or custom orders where you can buy a few hundred or thousand pieces, stock lots are all about selling in bulk. Suppliers need volume to make profits. Plus, they typically prefer to sell the entire stock lot in one go—like 20k pieces—not in smaller quantities of a few hundred.
Many people, including my clients, have made money with stock lots. But I have to be honest—it’s not easy. Success usually comes from knowing how to pick the right products because they understand their local market well. Plus, stock lots require a lot of capital for inventory since the MOQs are large. It’s a capital-intensive business.
So, before diving into stock lot purchasing, you need to know:
The sales channels—street stalls, grocery stores, wholesale, etc.
The price range your target audiences prefer.
The types of products you plan to sell.
The ways to find reliable stock lot suppliers—compare prices, check reliability, and see if they can be long-term partners.
We'd like to hear from you,
Jingsourcing is a leading Chinese sourcing company that helps medium & small businesses import from China. If you’re interested in inventory product sourcing or see a business opportunity, feel free to contact us at any time.
Subscribe
Subscribe to us to learn more about China sourcing, insights, and practical tips that all come from our years of experience dealing with various Chinese suppliers covering a wide range of products.
Excellent article 👍
Thank you for your comment!