Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
EP 160 - Rico on 90-Day FBA Challenge by FBA Lifestyle
In this episode, Rico appears on the 90-day FBA hosted by Riley Bennet, founder of Amazing Marketing Co. (an Amazon Marketing Company), and host of a travel blog called Livin’ That Life. Here he presents the 4 Steps to Find Quality Suppliers in China.
Episode notes:
* Searching for Suppliers, Assessing Quality, Finalizing your order, Elevating your relationship
* How to spot a trading company from a factory, Communicating to Chinese Factories
* Dealing with non-English speaking Chinese staff, asking relevant questions point-blank
* Charging or paying in RMB or USD, Applying for Import/Export License, Shipment best practices
* Consolidating samples from different suppliers, Setting up contracts for OEM and ODM projects
* Translating contracts with Hongkongese Lawyers, Verification of Business License of a Chinese company
* Communication Channels when doing transactions with factories/suppliers in China
* The importance of building connections and relationships with salespersons
* Understanding how the factory operates and its chain-of-command