Filed Under:China Sourcing   

Electronic products are always best sellers on the market. With young people being the major consumer group, the electronic products are upgraded frequently. Among all enquires we received, the electronic products sourcing inquiries has always been the most.  

In sourcing electronic products, foreign buyers may come across all kinds of misleading issues. This article will focus on introducing electronics product sourcing resources and experience, explaining common misconceptions and identifying scams.

Hot electronic products in the market

Green hand importers or electronic products buyers would always ask me which kinds of electronic products sell well. According to WorldVillage statistics on enquiry and by comparing electronic products from several major electronics B2B, B2C platforms, the following are our recommendations:
A
Radio (AM/FM radio, multi function radio, with iphone dock)
TV (CRT TV, LED ,LCD ),
Speaker ( PC speaker, TV speaker, sound bar, home theatre speaker system , buletooth speaker), earphone (iphone /ipod/ipad earphone, normal earphone, bluetooth earphone, moblie earphone) , DVD (protable DVD player)
CD player
CD boomBOX (include can play the CD, MP3, VCD, DVD , IPOHNE, IPOD),
MINI HIFI system ( CD,DVD, VCD) ,
MP3, MP4 player,
microphone (wire, wireless),
wireless TV link,
Mouse ( wire, and wireless, bluetooth) ,
Keyboard (wire, and wireless, bluetooth),
Battery, adaptor, charger (for phone, notebook, game player) ,
PC camera,  
car radio product ( CD, DVD, earphone) ,
Amplier,  
Cable(HDMI, AV , RCA, Scart ),
Wireless door bell,
Photo frame,
Set top box.
Iphone accessories.
Samsung Galaxy accessories.

B.
Card reader;
USB flash disk
SD storage card
Digital camera
Photo scanner
e-book
table PC
tablet
Side-line range of computer( hardpan; ROM; CD-ROM; case; portable power source, etc)
Mobile phone
Monitoring unit
Video
Telephone
Network card
Router
POS machine
Game machine

How to buy electronics products from China?

1. Customs statistics

Many countries now open up their customs data and statistics to the public, which are of great importance to the procurement. For example, through the customs data, you can dig out all the necessary details about the Chinese tablet suppliers: how many products they export to your country, whether they provide products to your competitors, the quality of the customer groups, and whether customers will place reorders (reorder is an important factor, do not deal with suppliers who failed to get reorders from the customers).

By digging into the customs statistics, the following aspects of a supplier can be known:
Business standing ( based on export volume)
Competitiveness of their products and service (based on repeat orders from regular clients)

WorldVillage has already purchased Customs Data from 18 countries, including US, El Salvador, Guatemala, Nicaragua, Costa Rica, Honduras, Peru, Colombia, Paraguay, Uruguay, Ecuador, Argentina, Panama, Chile, Venezuela, Russia, Ukraine, and Pakistan.

For example, for a buyer from Colombia would like to purchase tablet from China, through customs data, the following aspects of the supplier can be examined:

• Whether the supplier has provided products to the Colombia.

• Whether the supplier has provided products Spanish-speaking neighboring countries such as  Peru and Ecuador.

• If the supplier has provided products to the Colombia, then to whom? Which company? And is there any reorders?

• If the supplier has not yet provided products to Colombia, but delivered large amount of products to the neighboring countries like Peru and Ecuador, then the Colombia buyer may have a large chance to be the agent for the supplier in Colombia.

• If a supplier has not yet provided products to Colombia, South America as a whole, or all 18 countries we can trace back to. Then one thing can be sure about the supplier is that it is not doing well in business.

Therefore, Custom data can help to know about a supplier creditworthy evaluation, business conditions, the competitiveness of its products and services. No other resources and channels (including exhibitions , Alibaba ) can be compared to these statistics in this respect.

2. Alibaba

Alibaba can facilitate the buyers to find supplier more easily, which is Alibaba's advantage, but the disadvantage is that the suppliers’ creditworthiness and competitiveness are hard to define through Alibaba.

As a sourcing company. Here is how we purchase: firstly, by using our procurement software, we send inquires to 800-1000 Suppliers and then delete the number of quotations (based on price, professionalism, service attitude , etc. ). Eventually we will pick out a short list (3 – 5 suppliers). And among them, , we will determine the final top supplier and backup supplier through sampling and examining their customs export platform records.

3. Trade shows

Trade shows are perhaps the oldest way to find suppliers. With the rise of e-commerce, the exhibitions are not as important as before. But it still boasts incomparable advantages.

At the trade shows, we can see:
1) people
2) products

We have always recommended that buyers should get to know and correctly judge a supplier through its customers, understand a company's moral bottom line from its owner, and see a company's current development through its salesmen.

The moral bottom line will help us to know what the company would do if the worst circumstances took place, for instance quality deficiency, and claims for compensation.

And as the salesman is responsible for dealing with orders, his or her expertise, language skills, communication skills will directly affect the execution of your orders. If the salesman cannot even manage Basic English communication and barely knows enough about the products, makes and breaks promises easily, can you trust the supplier (actually it is the salesman) with your orders?

If buyers want to look for Chinese electronic products suppliers through exhibition, we mainly suggest the following exhibitions:
Canton Fair (phase 1)
HKTDC Hong Kong Electronics Fair

4. Wholesale Market

If the buyer want to purchase large varieties of products, and the purchase for each product is small in quantity (not enough to reach the factory MOQ), then the most viable strategy is to purchase from the purchase Shenzhen electronics wholesale market. There are 2 electronics wholesale market in Shenzhen: Shenzhen Seg Electronics Wholesale Market(or Shenzhen Saige Electronics Wholesale Market) and Shenzhen Huaqiang Electronics Wholesale Market.

As most sellers at the electronics wholesale market in Shenzhen can neither speak English nor take US dollars as the payment, not to mention arranging export. Therefore, if foreign buyers want to purchase from this market, it is better for them to find a reliable sourcing company to manage the entire procurement process, including:
Product sourcing
Wholesale market visit
Sample arrangement
Contract arrangement (Important)
Payment
Quality control (Important)
Consolidation and Shipping
Exportation

When buying electronic products from the wholesale market, there are mainly two risks to be considered: