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 [...]
Are you looking to start your own business or side hustle? If you have time but limited funds, an eCommerce business could be the perfect way to earn extra cash. While Amazon and eBay might come to mind, these platforms are crowded with seasoned sellers, making it tough to compete without experience and capital. Today, [...]
Guangzhou is a crucial trade hub connecting China with the world. There are multiple industrial clusters and many huge wholesale markets located in Guangzhou. Factories and suppliers across a wide range of product types gather here, attracting a lot of foreign purchasers and sourcing agents coming into being.However, many people wonder: What are the manufacturing and [...]
Today's case is truly inspiring. When having an idea, take action instead of just thinking and waiting. Don’t go all-in at first; test product ideas with small costs. Then, optimize and grow the business. First, let me give you some background info:Protagonist: Bunny AngeMarkets: stores in different local EU markets.Product: Dino Dog ToySales revenue: $150kNext, [...]
Lots of importers prefer to buy products directly from manufacturers in China, which can offer a range of benefits, from lower prices to better quality control. They always wonder how to find a manufacturer to make their products. But it is not easy to find a real factory and sometimes you may not need a [...]
Despite the global economic downturn, cross-border eCommerce has grown rapidly. Statista reports that the global market reached over $900 billion in 2023 and is expected to exceed $1.5 trillion by 2027. This growth is seen in sales, consumer behavior, and business model innovations. Cross-border eCommerce lets consumers buy quality products from different countries and opens [...]
UL (Underwriters Laboratories) and ETL certification (Intertek ETL) are both famous third-party certification organizations that test and certify electronic product safety. They are common in the North American market. Even though these certifications are not legally required, like CPSIA, having them often enhances a product's competitiveness.What is UL?What is ETL certification?UL Listed and ETL ListedWhich [...]
Today, I'm sharing an inspiring case for startups. If you don't have time to read it now, save it for later. First, let me give you some background info:Founder: Tyson WaltersSite: Shed DefenderProduct: Dog onesieSales revenue: Over $1.7 million until 2018Staff: Tyson, sister-in-law, momNext, I'll tell Tyson and Harley's story in the first person. I [...]
EXW and FCA differ significantly in transportation, delivery, and risk transfer. Understanding these differences helps buyers and sellers create better shipping agreements and achieve higher profits. In today’s blog, we will compare their features and advantages with real examples from our clients.What is EXW? (example included)What is FCA? (example included)When to pay under EXW and [...]
The role of the supply chain is the most important in e-commerce. Our clients who do well all have a very stable supply chain. No matter the product, you can squeeze out extra profit by optimizing the supply chain. We have never seen a business with a poor supply chain stay profitable for long, whether [...]
