₦airaland Forum

Many of the products and suppliers that shall be introduced to you in this article are made or based in China.

Although we shall also talk about products from the US and Europe, the tips in this article reveal more about buying products from Chinese manufacturers and suppliers. The most likely question on your mind right now would be: Why China? Good question.

I’ll tell you why.

As you may already know (or don’t know), most products in the world today are manufactured in Asia, particularly China. Toys, home appliances, accessories, computers, laptops, mobile phones and even Apple’s iPads are made in China.

Let’s try to verify this by doing a quick check of the products that are around you right now. You would be amazed that roughly 4 out of 5 things around you were manufactured in China.

I’d like to use myself as an example.

The laptop I am using to type these words is a HP Notebook made in China. The shirt I’m wearing, my earphones, my wrist watch and my iPad – all made in China. My mobile phone is probably the only thing that’s ‘Assembled in Brazil’. So the 4 out of 5 theory is true in my case!

Apart from food products, China is the Number One source of all the hot-selling and fast moving consumer products you know.

China is one of the cheapest manufacturers in the world because of its low labour and production costs. As a result, many of the big brands that you know (Apple, HP, Louis Vuitton etc) make their products through factories and contractors based in China.

To ensure the quality of their products are not compromised, US and European countries set very strict standards which the Chinese usually comply with.

Why am I telling you all this? It’s because many people in Africa have come to suspect Chinese products to be low quality.

While this may be true, I don’t think we should blame the Chinese. After all, China also produces many of the high quality products in America and Europe.

If our governments could enforce strict quality and safety standards for products coming into Africa, the Chinese would comply as they do for their clients in the USA and Europe.

However, you don’t have to worry about importing low quality products. In the later part of this article, I’ll share with you the secrets of finding high quality products and suppliers that meet US and European standards.
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Many of the products and suppliers that shall be introduced to you in this article are made or based in China.

Although we shall also talk about products from the US and Europe, the tips in this article reveal more about buying products from Chinese manufacturers and suppliers. The most likely question on your mind right now would be: Why China? Good question.

I’ll tell you why.

As you may already know (or don’t know), most products in the world today are manufactured in Asia, particularly China. Toys, home appliances, accessories, computers, laptops, mobile phones and even Apple’s iPads are made in China.

Let’s try to verify this by doing a quick check of the products that are around you right now. You would be amazed that roughly 4 out of 5 things around you were manufactured in China.

I’d like to use myself as an example.

The laptop I am using to type these words is a HP Notebook made in China. The shirt I’m wearing, my earphones, my wrist watch and my iPad – all made in China. My mobile phone is probably the only thing that’s ‘Assembled in Brazil’. So the 4 out of 5 theory is true in my case!

Apart from food products, China is the Number One source of all the hot-selling and fast moving consumer products you know.

China is one of the cheapest manufacturers in the world because of its low labour and production costs. As a result, many of the big brands that you know (Apple, HP, Louis Vuitton etc) make their products through factories and contractors based in China.

To ensure the quality of their products are not compromised, US and European countries set very strict standards which the Chinese usually comply with.

Why am I telling you all this? It’s because many people in Africa have come to suspect Chinese products to be low quality.

While this may be true, I don’t think we should blame the Chinese. After all, China also produces many of the high quality products in America and Europe.

If our governments could enforce strict quality and safety standards for products coming into Africa, the Chinese would comply as they do for their clients in the USA and Europe.

However, you don’t have to worry about importing low quality products. In the later part of this article, I’ll share with you the secrets of finding high quality products and suppliers that meet US and European standards.
Read More

Before we get into the thick of this article, it’s important that we understand the basics of buying and selling.

How is money made in the ‘buy-and-sell’ business?

Simple; you buy something (wristwatches, for example) at a low price and sell them at a higher price to make a tidy profit.

To increase the size of profit you can make, there are basically two options you have. You can either find a way/place to buy wristwatches at a lower price or look for customers who will buy them at a higher price.

This is how everybody in the retail (buy-and-sell) business makes money (profit). Buy low, sell high. It’s simple math!

To make sure you understand the opportunity we’re about to share with you, we shall use a quick illustration:

Let’s assume you are the owner of a small business that sells foreign-made wristwatches. You have a small shop in which you display all your lovely wristwatches for customers to admire and possibly buy.

Because you can only afford to stock about one hundred wrist watches at a time, you have no option but to buy from big importers who, because of their large capital, can buy thousands of watches from foreign manufacturers at very low wholesale prices.

Although you would love to enjoy these low wholesale prices too (which will increase your profits), you don’t have the kind of capital the big importers have. Even if you could buy directly from the foreign product manufacturers, it would still be tough.

Most manufacturers and suppliers have a Minimum Order Quantity (MOQ) requirement. MOQ is the minimum quantity of products a supplier will sell to you in order to make a worthwhile profit. This is why they prefer to sell to the big importers who buy large volumes (container loads) of their products. Since you can only afford a few hundred watches, most of the big overseas suppliers won’t want do business with you.

As a result, you are stuck with the big importers. The profit you can make in your business is limited by whatever price they decide to fix on the imported goods.

Thankfully, things have changed.

The internet has brought down the walls which used to restrict access to manufacturers located thousands of kilometers away. Improvements in transportation and logistics now make it possible for small businesses with little capital to import smaller amounts of stock at low shipping costs.

Finally, entrepreneurs and small businesses can enjoy the same low wholesale prices that the big importers have enjoyed for a very long time.

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Great effort you have made man we all need to join hands together and fish out the rippers in our midst. The Internet business ecosystem is getting messed up heavily by scammers. I support you on this 100%

Kudos!!!