Are you planning to source high-quality products for your e-commerce store? Do you want to get in touch with some of the best merchants? Probably yes. It looks like you have reached here searching for some of the best tips so that you can source high-quality products for your e-commerce store. Search no more. You have reached the very right place.
If you are new to the import industry, you might be aware that finding the best goods to bring into your country can be a little tricky; however, the process can be made relatively easier if proper steps are followed.
Let’s get started by exploring what product sourcing is, who sourcing agents are, and the important points that you must keep in mind while sourcing products for your e-commerce store.
What is Product Sourcing?
Product sourcing is the process through which businesses attain stock to sell online or in their physical store. To run an online store, you need marketable inventory. To get this inventory, you have to explore certain manufacturers, artisans, wholesalers, and other product manufacturers who produce merchandise for sale.
Who is a Sourcing Agent, and What Do They Do?
In simple words, a sourcing agent is a third party that helps you find the right suppliers for high-quality sourcing products for your online store. A sourcing agent can either be a person or a company. Sourcing agents usually speak the language of the country from where you source the goods.
There are many sourcing agents in China. Sourcing Nova is one of them and has gained a significant reputation for providing high-quality services to its clients. This company has a long list of satisfied customers and helps them find the best products for their store at an economical price.
6 Valuable Tips to Source High-Quality Products for Your E-Commerce Store
Here are a few tips that you must keep in mind while resourcing high-quality products for your e-commerce store.
1. Research the Product
The first and foremost thing that needs to be considered is, deciding the product to import—conduct market research to find the most in-demand products and offer a valuable profit. Also, make sure that the product stays in demand for the upcoming months and years as well.
You may get the products delivered faster; however, if you order a product and it gets shipped by sea freight, the goods may arrive six-seven weeks later, and there may be reduced demand for the goods by that time.
Resultantly, you will end up stocking things that won’t sell. So, conduct proper market research before finalizing the product that you want to resource.
2. Have a Look at the Product Size and Weight
While importing products from overseas, you have to pay significant importance to the product size and weight. Mostly shipping cost depends on the size and weight of the product. The best strategy to minimize the e-commerce shipping cost is to import products that don’t cover a huge space. For example, you can import phone cases, mobile accessories, and other such products.
3. Check the Lead Time
Lead time is one of the most important factors to consider while sourcing products for your online store. Try to choose a product that is evergreen and generates sales in all seasons. If you want to import a product quickly, you might have to bear additional costs for shipping them urgently. So, make sure you choose a product that generates huge profit if you plan to import it urgently.
4. Make Sure Your Product Easily Clear the Customs
One of the biggest problems you will experience while importing goods is getting them cleared from the customs department. The Customs department in each country has set specific rules and regulations for different products. Make sure you go through them and abide by their rules and regulations. Only then will you get your products safely and will be able to sell them online.
5. Don’t Just Get Attracted to Lower Prices.
There is no doubt that lower prices attract all of us; however, this shouldn’t be the only factor you consider while resourcing quality products for your online store. There are a lot more other things that need to be considered.
The merchant may be offering low-quality products at a lower price. When you get attracted to the lower price, you might end up buying a low-quality product that would stock in your store, and you may experience a huge financial loss.
6. If Possible, Order Samples First
While searching for the best quality products for your online store, you must talk to your supplier and request him to send a few samples first. In this way, you will get to know each detail of the product and will easily decide if the product fulfills your quality demands or not.
If the samples are good, you can place your order. Otherwise, look for another supplier or change the product.
Also Read- Know How E-Commerce Makes Selling Easy