We do not enforce an MOQ (Minimum Order Quantity). Whatever size your order may be, we strive to source the best products and meet all your requirements.
Lower Sourcing Price
We source 5 quotations from established trusted suppliers. Our persuasive sales representative will bargain on your behalf to ensure the best quality at the lowest cost.
We Can Source Everything You Want
With our many years of experience in the sourcing arena, our knowledge and skills are sound. We believe we can help you find the right supplier even for the rarest of goods.
Integrate One-Stop Bundling
To save you the time and improve your business’s efficiency, we can source different items from various suppliers all at once. Our services include assembling and packaging of the products so that they are ready for re-sell.
Once we have found your ideal supplier, we will communicate and oversee your product specifications for samples.
When the samples have been produced, we will send them on to you. After confirming that you are totally satisfied with the sample, we will then confirm your product run with the suppler.
Real-Time Production Follow-Up
Once your order has been placed, we will oversee the duration of the manufacturing process for you. You can expect honest, real-time feedback and on-time delivery.
Cost-Effective Delivery Solution
Only once you are satisfied with what we have sourced and quoted, you can confirm your purchase. Our service fee will apply to your order amount.
There are no up-front fees before your order production. We have a service guarantee that there will be no additional charges to your order.
Ready to get started?
Contact us today to source your new products and grow your business.
Product Sourcing Ulitmate Guide
Product sourcing is the primary stage in the importation business.
Many businesses try to find high-value products from international markets. Retailers, import-export, e-commerce, and manufacturing businesses need to source products.
But, it is more than just product sourcing for your e-commerce business. Without having the right quality products at competitive rates, you cannot run a successful business.
Thus, we will try to cover the basics of the product sourcing process.
We will also discuss how sourcing companies can help your e-commerce business pursue quality products by allocating a dedicated sourcing agent.
- 1) No MOQ
- 2) Lower Sourcing Price
- 3) We Can Source Everything You Want
- 4) Integrate One-Stop Bundling
- 5) Sample Production
- 6) Real-Time Production Follow-Up
- 7) Cost-Effective Delivery Solution
- 8) Ready to get started?
- 9) Product Sourcing Ulitmate Guide
- 10) What is Product Sourcing?
- 11) The Product Sourcing Process
- 12) Types Of Product Sourcing:
- 13) How to Source Products For Your Business?
- 14) FAQs
- 15) Conclusion:
What is Product Sourcing?
Simply put, Product Sourcing is a straightforward process to find products for your business that you can sell.
It is not about where the source is either international or domestic. It is all about making products available for your business all the time.
If you are a new business, keep in mind that your business must be running before sourcing for products.
Otherwise, you cannot sell, and the products might stay unsold in the storage for a long time. Some of the things you must have before product sourcing;
- All business documentation
- You must define your niche business and market accordingly, etc.
- A well-established product sourcing method
The Product Sourcing Process
Sourcing a product is not just searching for the cheapest supplier on Alibaba or any other forum and signing an agreement.
Almost every business person knows this already. Many do not recognize that the sourcing process starts before searching for a supplier.
Here are some of the influencing steps you must consider in this context;
- Try to find the exact practices that can lead to successful sourcing.
- Try to know about all the pieces of the supply chain that fit together for a quality product.
- Figure out how a sourcing agent can benefit you to the maximum extent
- Enlist the merits and demerits of sourcing both domestically and internationally.
- Now to search the suppliers from domestic or international markets.
- Having decided on the supplier, carefully analyze every subprocess from finding a supplier to shipping the products.
- Now you will be able to use each step in making smart management decisions.
Types Of Product Sourcing:
You can source your products in many ways. You can apply one source or more at a time. It is up to your requirements, and you are to decide. Well!
Most e-commerce businesses use a combination of the three methods, which are as follow:
1. DIY Products Or Services
Have you cut your hair, sewed your clothes, and managed your investment? If yes, it is the simplest example of DIY products or services. DIY means “Do It Yourself.”
If explained, DIY means you do a task or make goods yourself instead of buying from a store or an artisan.
The most significant advantage of DIY is that you have no or fewer competitors. On the other hand, you must consider some factors like time management and scalability.
- You get to learn a new skill for your handmade products business.
- Selling DIY products is a low-cost option for small businesses.
- Creating your own products can help you be creative to beat other smaller businesses offering the same products.
- Handmade products have a huge demand in the business online with a good profit margin.
- A wholesale supplier running e-commerce business often deals in bulk quantities. Thus, it is not suitable for wholesale suppliers.
- You may need to conduct market research and product research, which is time-consuming.
2. Working With A Manufacturer
This option is the best for the sellers who do not want to assemble or manufacture their products themselves.
You can scale your business. Speaking differently, it allows you to add more products to your brand. Working with a manufacturer allows you to manage your time and do business on a higher level.
On the other hand, you are supposed to make bulk investments.
How Can You Find a Manufacturer to Make Your Product?
Finding reliable suppliers for your product is very crucial. To find a supplier, you need to figure out your requirements,keeping in mind your target market.
You can follow the below methods to find potential suppliers.
- Find Potential Supplier on Online Marketplace
You can browse different online marketplaces to find potential manufacturers. Alibaba, AliExpress, DHgate, and Global Sources are some of the existing marketplaces.
Here you can find the best-selling product at a reasonable price.
- Attend Trade Shows
Attending trade shows is another method to find reputable suppliers. It lets you discuss many factors with the manufacturer in person.
You can talk about the selection of raw materials, costs involved, quality control, shipping challenges, etc.
In short, an in-person meeting helps manufacturers understand exactly what specifications you want. This way, you can have complete control over the production.
3. Hiring A Drop Shipper
It is a hands-off product sourcing method. It allows the wholesalers to list goods to sell from a supplier and pay for these when they are sold.
You need not handle the products at all. You can start an online store and access a variety of products.
The issue with this method is; you have more competition because several wholesalers are selling those products. Further, you will enjoy a lower profit margin.
Suggested reading: Best Dropshipping Agent in China
We can MADE Drop Shipping from China Easy
Leeline Sourcing is to help Shopify & small businesses sourcing products from China and build your branded business.
4. Working With A Wholesaler
Purchasing products from a wholesaler is a proven model to find trending products.
You can find wholesale Chinese suppliers in trade shows and on eCommerce platforms. Many wholesalers often give great discounts, plus they also have trending products in stock.
Thus, independent retailers who have their retail stores in flea markets can purchase products at once.
In short, you can buy high-quality products from wholesalers at low prices. After that, you can sell products locally at good profit margins.
Where Can You Find Wholesale Products To Sell Online?
If you want to sell your products online for your wholesale business, then there are various forums. These forums provide interaction between buyers and sellers dealing in bulk purchases and sales.
Some of them are trusted and recognized worldwide and are discussed as follows.
Alibaba Group Holding Limited, recognized as Alibaba, is a Chinese company specialized in e-commerce.
This company provides Business to Business (B2B), Business to Consumer (B2C), Consumer to Consumer (C2C) sales services through web portals. It also offers services such as electronic payment services, cloud computing services, and shopping search engines.
It helps a diverse array of business-related to various sectors around the globe. It falls among the most admired companies by Fortune.
SaleHoo is an online directory of wholesalers for online retailers, dropshipping suppliers, and eBay sellers. On this forum, you can find numerous manufacturers, wholesalers, drop shippers for any product you want.
This forum is only for dealing in the wholesale market. So, with its usage, you can grow your e-commerce business exponentially.
You can search for more than 1.6 million products from more than 8000 suppliers.
You can find more than 125000 registered members on this forum with almost 500 online active users at a time. This forum deals with nearly every kind of profitable product.
Their emphasis is on the security of the sellers, buyers, and their personal data.
E-sources, the largest sourcing company, is used for the verification. You can further find a trend analysis of the products and can discuss it with the suppliers.
If you are doing an online business in electronic devices and cell phones, then Cellpex is the best option. But you should know that it is a wholesale platform for these products.
The layout of this website is very good, and you can search out any device of your choice. It is a niche type wholesale platform and is the best choice for electronic and smartphone merchants.
5. Hire a professional sourcing agent
Sourcing Agents are professionals who can create a product sourcing strategy for you. They are the experts in sourcing products.
They also help a business grow and become more profitable. They can perform duties in various industries and work settings.
What Does A Product Sourcing Agent Do?
A sourcing agent is a specialist in;
- He has vast experience in providing strategic sourcing services.
- He has a strong knowledge of Goods Manufacturing practices.
- He has comprehensive knowledge of Access and SQL Technologies.
- He is familiar with the sourcing and procurement procedures.
How to Source Products For Your Business?
Products sourcing is a business in which you consult your clients about what and from where to buy. It may look straightforward for small procurements.
Although it is a profitable business, you are supposed to make some strategic moves.
1. The Market Research:
All eCommerce retailers must do adequate research on the existing product. Check factors like the minimum order quantity, how much inventory upfront you need, online demand, etc.
Remember, every successful eCommerce business starts with good research. So, make sure you follow more than one method to carry out an in-depth analysis.
2. Identify a Profitable Niche:
In market research, you end up with a list of potential products, buyers, and competitors.
However, experts recommend focusing on the smallest possible niche to start. Once it works, you can add more categories to your business.
Suggested reading: The Profitable Products To Import From China
3. Keep your products meeting legal requirements:
You may also need to consider legal formalities before sourcing products. It includes tasks like ensuring product quality, paying customs duties, etc.
Handmade products sold at craft stores usually get discounts in taxes. But every product crossing the border needs to undergo verification and documentation processes.
Many times, sourcing companies handle this task on your behalf. Product sourcing companies often have a separate team to tackle legal processes.
4. Order a sample
Make sure you evaluate manufacturers based on their work ethics and other factors. One such aspect is ordering a product sample. Dropshipping suppliers often give a product sample to assess quality.
Some wholesale manufacturers don’t provide this facility. But if they have high minimum order quantities, you should ask for the sample.
You don’t have to face this situation when working with product sourcing companies. They can ensure product quality by visiting factories.
5. Paying Close Attention to Technology:
In the current era, you cannot deny the importance of technology. At least you must have purchasing and procurement management software to handle your sourcing business.
It will help you in many ways and streamline your essential workings of the team.
1. What Is a Product Sourcing Business?
Product sourcing is nothing but a process of sourcing products at reasonable prices for reselling. Once you find products to sell, you can contact a dropshipping supplier or wholesale manufacturer.
There are many product sourcing methods. You can get products from the supplier directly or a trading company.
You can also contact sourcing companies to streamline the product sourcing operation.
2. Do I Need an Online Store to Source Products?
There is no need to own an online shop to start sourcing products. Of course, you may need it to sell products online.
Even an individual having a local store can source products for local buyers.You can source products through different product sourcing methods.
However, one must meet the minimum order quantities to start sourcing products.
3. How Do I Approach a Supplier to Source Products?
You may need to create a decent product sourcing strategy to smoothen the process. Once you identify products to sell, start your hunt for business partners, i.e., suppliers.
Make sure you have product specifications ready. You can communicate specific needs to the supplier.
4. Do Suppliers Allow Product Customizations?
Yes, many manufacturers allow product customizations to meet your needs. But you may need to talk about it in the beginning.
Do you own a particular brand? Are you sourcing products of other brands? A supplier might ask you these questions upon requesting product customizations.
Note that some dropshipping suppliers don’t allow product customizations. Or they do it at an extra charge.
5. Is Product Sourcing Easy?
Product sourcing may not be an easy task, especially for beginners. It is not as easy as estate sales that complete in a couple of steps.
You can contact sourcing companies to do it on your behalf. These companies can select the best product sourcing method for you.
They can also handle all legal formalities and shipping challenges.
In this article, we had tried to uncover all the aspects related to product sourcing. We started from the importance and got through the complete product sourcing process.
Further, we discussed the sourcing companies and how these can benefit your wholesale business.
Hence if you are finding answers to product sourcing-related questions for your wholesale business, then you will find this article very valuable.
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