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Buying Wholesale Jewelry from China - How Small Businesses Can Buy Direct
Home :: Shopping
By: James Turner Email Article
Word Count: 1186 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

You can import jewelry directly from China

Most small business owners have no idea that they can easily buy jewelry and other items directly from China, there is a huge misconception that only big businesses can import products.

After several years of selling products for other companies I had a conversation with one of my colleagues regarding a product he was selling online. I was a bit surprised to learn that he was importing this item directly from China, bypassing the normal wholesale channels and buying direct.

A vacation and fact finding trip to China was planned.

Though my colleague had arranged to buy from China without ever going there I decided to plan a vacation to China to research potential products and wholesale sources. What I learned during my first trip to China was a revelation, it really was possible and in fact quite easy to import products from China.

Admittedly the product you decide to import will effect how easy and expensive it will be for your small business to get started, but the money I saved and the opportunities I discovered made my trip well worth the time.

How your small business can import products from China.

The first step is to do some serious research, and the Internet can help you a lot with this. You will want to search for Chinese companies that produce the products you currently sell, or would like to sell.

After creating a list of companies and compiling the contact information you will want to do one more thing before making contact, that is to create a business plan detailing how many products you want to buy, and how much you expect to pay per item.

By creating a business plan you will know exactly how cheap you will need to buy your products in order to make buying from China worthwhile.

Deciding what products are best and easiest to import

The products I decided to import are jewelry and art. The reason I decided to import these items was simple, I was able to bring back hundreds of pieces of jade duty free, as the total cost of the items was below the limit of items I could bring back with me on my return flight.

I brought back a few art samples to show prospective wholesale buyers, but the majority of the art was sent to me via ocean freight. There were two main reasons for choosing to import artworks as part of my first wholesale purchase, the first was price and the second is because artworks are exempt from import duties.

Determining and paying applicable import duties is the responsibility of the importer.

Import duties are an important factor to consider when deciding whether it is cost effective to import products from China. There are many items like art that can be imported duty free, while others require a duty fee be paid in order to clear customs in the USA.

There are some items that are more difficult to import, such as certain textiles, as they require a duty be paid and also have quota limits placed upon them. Items with quotas can be imported, but you will have to do a lot more research.

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James Turner is the owner of Web Central Ltd., which has been doing business online since 1998. He personally operates many successful online shopping sites including http://JadeJewelryStore.com and http://ChineseArtStore.com. His company also provides custom shopping cart design services and acts as a wholesale purchasing agent for small business owners who are interested in importing products directly from China.

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