Many have been successful in international business by importing a product from China and selling it, but they were not just lucky in importing. Careful planning applies to income generating businesses. That is why it is so important to identify what to import from China
Businesses make money selling products. If you are going to be a successful importer from China, the first thing to do is choose the correct product to import and sell.
Here are 3 tips for choosing that product.
1 – Find a product that you can import from China in large quantities
Do you want to send your product in large quantities? This reduces your costs. If you have to ship your products one by one from China, you would be operating at a high cost. The more you can get in a single shipment, the more it reduces your costs and increases your profit per sale.
2 – Find a product that you can sell at a high price
For example if you had a new business where you sold books. The number of books you would sell could be in the hundreds. The books would not be sold at high prices. The money that would come from them would hardly be enough to cover what was invested plus operating costs.
Now, if you sold hundreds of a product at the price of $ 1,000 or even $ 500, the money that would come in would be in the hundreds of thousands. You would have to sell tens of thousands of books to do that. Big difference.
That is why we recommend you look for a product that gives you a reward by selling less quantity.
3 – Find a product that you are passionate about
You are much more likely to be successful if you are passionate about the product you are selling. Passion is contagious. You don’t have to be the best salesperson in the world; When you are passionate about something, your passion helps you sell it.
If you’re importing something that you don’t care about, you’ll probably have a hard time getting others to care about it and buy from you.
Passion will keep you motivated to work on your business, it will give you an edge over the competition and this will make it more attractive to potential clients.