PART OF FORWARD GROUP
Importing products from China
Wondering what is worth importing to Israel from China or from other countries? Forward business consulting will help you through the whole import and purchasing process, from choosing suitable products to bringing them to Israel.
The assistance is based on a professional team of consultants experienced in importing and purchasing from China and other countries.
Getting to know the import from China industry
Alongside the development of international trade, the import industry is also getting a significant boost, especially in countries like China that offer a variety of products and goods at especially attractive prices. At the same time, in order to start importing products and to know what is worth importing to Israel, you must first know the field and the market you want to operate in well, and this gives you the tools to choose and find a suitable product to import.
What is worth importing from China?
The decision which product to import from China is tied first of all to identifying the need for the product in Israel.
You should run market research and check which products there is a real need for in Israel, which products are in demand in Israel, what their prices are in Israel and whether there is a business opportunity.
Not every product is worth importing from China. If the products are too expensive, of too low quality, or their delivery time is too long, it is not certain that importing them from China is worthwhile... perhaps it is worth manufacturing them in Israel or importing them from another country.
In any case, to decide which product is worth importing from China, you should prepare a business plan for introducing a new product and check whether it is economically worthwhile to buy it.
Finding the product
After you have decided to import a product from China, this is the stage to find it. To do this there are several options:
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Exhibitions: large exhibitions, usually divided by subject, which attract a wide variety of products and suppliers, are an excellent address for finding and choosing products to import. Also, if it is a regional exhibition you can visit the supplier's factory at the same time. Come prepared for the exhibition and find out whether it requires advance registration.
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Demand for the product: when choosing a product to import, check whether there is a sufficient market for it in Israel, whether it already exists in the market, and if so at what prices and what advantages it has to offer over parallel products in the field. It is also always worth checking in advance whether the product can be sold at cost price in case its marketing does not succeed.
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Profit share: after you have found products you would like to import, check carefully whether the profit share you get for them is indeed worthwhile. The profit share includes various expenses and costs such as customs, shipping, transport, storage, supply and more. Also keep in mind that in many cases the initial period until the product penetrates the market may not be profitable, so make sure your financial capacity gives you enough room to breathe.
For professional advice and assistance in finding and choosing a product to import to Israel, and for more information on importing from China , contact Forward at 077-2518158 and 052-2343361 or by email at [email protected].
