Buying/Importing from China & India
October 14, 2011 8:59 AM Subscribe
I want to buy products from Chinese and Indian suppliers to sell on my popular web site. I don’t have any buying experience and I’ve been trying to learn as much as I can. But so far I haven’t been able to find anyone with actual experience who is willing to advise me (and I have tried SCORE). And the advice I’ve found on the net has been too general and often not very credible. I also want to buy merchandise that is a little unusual, like stepper motors and CNC controllers. I’ve used services like DHgate and IndiaMart to identify potential vendors but I have no clue about what to ask and how to word my inquires so I don’t sound completely clueless. At this point I just want to find out if I can buy products at prices that will make selling them worthwhile. And if I do go ahead I want to start with some small orders. Will most manufacturers accept $500 to $1000 orders for items that cost $20-$50? Do you have any other advice you can give me?