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Top 5 Mistakes to Avoid When Sourcing Products from China
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🌟 Discover the insider's guide to navigating the pitfalls of sourcing products from China. With insights gathered from years of hands-on experience with over a thousand suppliers, here are the top 5 mistakes that could trip you up.
💼 Mistake #1: Outgrowing Your Supplier
Don't get stuck in a rut! As your business blossoms, it's crucial to reassess if your current supplier still cuts the mustard. Explore bigger and better options to ensure you're getting the best bang for your buck.
🔍 Mistake #2: Skipping Pre-shipment Inspections
Don't roll the dice on quality! Pre-shipment inspections are your safety net against receiving duds. Invest in this essential step to double-check quantity, quality, and compliance before your goods hit the road.
🛠️ Mistake #3: Neglecting Product Testing
From gadgets to gear, compliance is king. Don't leave testing to chance; iron out requirements upfront to steer clear of costly surprises later on. It's all about setting yourself up for success from the get-go.
💰 Mistake #4: Mismanaging Payment Terms
Master the art of payments! Always nail down a pre-production sample before loosening the purse strings, and never fork over more than 30% upfront. Smart financial moves pave the way for smooth sailing.
📦 Mistake #5: Ignoring HTS Codes and Shipping Costs
Crack the code to smooth sailing! Understand HTS codes and shipping costs to dodge unexpected bumps in the road. With the right know-how, you'll breeze through customs like a pro.
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