Things to know when doing business in India

Business are booming not just in America but for India as well. Apparently, these two countries are trading goods and services worth billions of dollars annually. Those numbers greatly represent the growing economy of both countries. Many businesses are starting to.

If you want to start business, do it in Delhi

If you are planning to start a business in India, do it in Delhi. It is like Washington D.C in America. Most businesses are situated there and it is considered the most livable city among all. The government of India are also hiring staffs there. Delhi also has better infrastructure and cleanliness is properly accustomed. You will also find huge number of American corporations there.

Travel throughout India

Staying in one city for business won’t do you good. You need to go forth and take the chance to see other cities for possible business opportunities. At least, you need to venture 5 cities and see if you can capture the market in that particular place.

Starts late and ends late

Breakfast meetings in India mostly starts around 10 – 10:30 while dinner time is also late. Actually, they still have evening tea at around 6 in the evening. When you’re in India, expect to have a totally different timetable of activities.

Last Minute Changes, Prepare Yourself For It

Do not get too consumed when the person you are about to meet changes his mind just a few minutes before your meeting. This circumstances mostly happen in India. This is not new to them. In fact, most Indian businessmen are already accustomed to this. It’s kind of worrisome especially if some changes are made just as you have eagerly prepared for it. However, most business owners in India have fairly adjusted to it and thinks that changes could still happen even in the most awkward time of the day.

English as Primary Business Language

Somehow, English is widely spoken throughout whole India. You won’t have problems when communicating with Indian businessmen because most of them know how to speak English. However, translation can be a lot tricky to them. If they say, ‘no problem’, expect to encounter a lot of problems.

Check Their Religious Calendar Before Booking A trip

You might get disappointed if you get caught up in the middle of a four-day religious holiday in India. That is a fair reason to check further any religious holiday before planning your business trip. India is known to have more religious holidays than the rest of the world. Make sure to avoid it if you do not want to get stuck there for a couple of days.

Last Names Are More Preferred

You cannot simply jump off calling people on the first names in India. Most businessmen or normal citizen would prefer to be called by their last name. This wouldn’t be too difficult as this is already widely practiced all across the world.

Handshake With Women Is Great “NO”

One important custom in India is to never shake hands with women. This should be very important if you do not want to hang your hands in mid-air. Take note that similar to all Arab countries, they consider their women with high regards. This should be a fair reminder to all foreign businessmen who is planning a trip to India.

Few Basic Requirements To Set Up An E-Commerce Business in Dubai

Almost half of the population all across the world is expecting to become a web user by 2017. The internet economy is nonetheless, considering the importance of it as a source of their growth, both financially and economically. However, if you are considering to establish an online business in Dubai, you need to acquire these basic requirements to legally start one.

Licensing

1. A license coming from the Department of Economic Development is highly needed to be able to form a company that’s web-based.
2. If your company is set to be built within the free zone, you are required to get your license at the related free zone authority.
3. You can expect to get your designated license according to your type of business online.

Office space

Unlike other countries, Dubai-based online company needs to have an actual office space to be able to consider legal. Thus, you should set up a physical office in a favorable location, somewhere where people gets to your business much easier.

Website Development

The first thing that you need to consider when planning to have an online business is the website itself. Something that’s user friendly and easily accessible is greatly preferred.

Domain Name

1. You need to have a domain name that’s relevant to your site’s activity. By doing so, you won’t just leave a mark on internet users but also, it is one of the most effective ways to optimize your website and gain more traffic. Picking the right domain name plays a very important role in the success of your online business. Pick wisely!
2. Registration services for domain names are widely offered in UAE. You can search a whole bunch of these companies online through Google.

If you want to establish an online shopping business, you need to consider these factors;

1. Online Payment

If you want to be an online seller, you need to set up a payment option that’s safe and secured for your valued customers. Mostly, payment modes are made through credit card, Debit Card, PayPal or Cash on Delivery.

2. Requirements for An Importing and Exporting Business in UAE

There are certain requirements that needs to be complied to be able to establish a legal import/export online business in Dubai and the rest of the Emirates. You need to register your business to the designated Emirate’s ports and custom authority. You will receive a code after doing so.

For businesses formed within Dubai free zone, you are exempted from any customs obligations if you are selling products within the free zone area or outside UAE. However, if you are planning to sell products in the UAE market which is outside the free zone, you will have to pay for your customs duty and appointment of local commercial agent is also needed.

To be able to find success to your brand in the Internet World, you need to address certain issues and behaviors to be able to cope with the ever growing customer base. You can also find a supplier in China that will provide supplies for your business. Generally, businesses has highly upgraded from the previous offline commerce to e-commerce or what is known as online business.

Finding Reputable Chinese Suppliers Are Made Easy Using These Strategies

Chinese suppliers are prevalent these days especially because of the low production cost in China. Finding Chinese suppliers are easier than expected. You can simply type in the search engine the product name or the item that you want to find. The search engine will give you a long list of China suppliers that you can easily get in touch with. However, if you are concerned of their reliability, you may want to verify their legitimacy all at once or suffer the consequences of the doubt. You need to strategize to be able to do that. You need to be knowledgeable enough and know these simple tips to start with.

Know your requirements – Before finding Chinese suppliers, you first need to understand your needs so you can set a number of requirements. You first need to conduct a thorough research on the product’s category for you to initiate a category system. You can conduct a research through the internet and list your report in a data table.

Identify your suppliers – Since you’ve already understood and sorted the type of supplier that you want, you now need to find top China suppliers for you. You can search through the internet, as it is the easiest way of finding Chinese suppliers. Gone were the days when you have to dive in a bundle of magazines just to be able to find top China suppliers. Other alternatives when finding China suppliers are business directories, supplier websites, trade magazines, trade shows and referrals. However, trade show provides more positive outcomes since attendees of these events are particularly interested in import and exporting business. Seeking help from successful China suppliers also offers valuable advices that could help you grow into a better business entrepreneur. Reading business magazines, either offline or online, is also a great way to find the ideal supplier for your business.

Select the right supplier – The next thing to do to be able to succeed in finding Chinese suppliers that’s reliable and capable of producing high quality products, is selecting the right China suppliers for your business venture. Use the things you got from your intensive search to ensure that you’ve got the best supplier. Develop a relationship with your suppliers and decide what you want for your business. Explain the proceedings of your business and discuss each important information to your supplier so you can get satisfying results later on. If possible, you should also ask for product samples before you wire payments. Remember that in a business, every penny counts. You cannot afford to lose it just because you forgot to take sample products.

Communication is the best to have a smooth partnership, which could later lead to producing high quality products made from top-notch materials. Never hesitate to ask questions. Your China suppliers are obliged to answer all your questions. Interaction should also be done more frequently so you can talk things that can contribute to the betterment of your products. Things like transaction, product description, expected date of completion should be properly discussed and examined.

Supplier Verification – A Sure Way To Detect Fraud Chinese Wholesale Suppliers

China is tagged as the land of opportunity. Sad to say, just like any other countries around the world, China is home to dangers and frauds. Once and for all, you might encounter a person which has no legal rights to do business, some middle man instead of the real end of the supplier, or companies who claim to produce products even if they can’t.

These instances can be so tough and will make you think twice upon having business with a Chinese supplier. Somehow, there’s really not much to be worried because Chinese supplier Verification is widely available.

Good thing there are companies situated in China willing to help you verify the Chinese wholesale suppliers for your company. The process will thoroughly evaluate your prospective supplier or newly-acquired supplier to avoid risks of getting victimized by scammers and frauds. These companies charge a small amount of money but surely, you will save so much on them.
Imagine the hassle and money you will save if you have avoided these kind of frauds. For you to be sure of your Chinese supplier, hire a supplier verification and experience its benefits all at once.
Benefits of Supplier Verification

• Proper Inspection of Legal Documents

Through supplier verification, legal documents are properly inspected so as to avoid fraud activities. This process ensures that the Chinese supplier obtains the legal right to do business with you, either import or export. Legal documents certifies the authenticity of the supplier and business owners should be keen in asking for this as the major requirement before the actual business starts.

• Confirmation of Business Type

Some fraud Chinese wholesale supplier will try to lure you into believing that business type is real and genuine. Through this verification, you can get rid of middle men who might extort more money from you. Instead, you will do business directly from the source of product, allowing more savings and securing that products will be done on-time.

• Legal Signatories are Properly Identified

Most Chinese companies authorized one person to sign contract and secure commitments. Once you hire the services of a supplier verification, they will try to identify the legitimacy of each signature. By that, you can be sure that all the deals that you have on the Chinese supplier are purely legit.

• Verified product’s quality control and product type – You ordered 1,000 pieces of High Definition TV, yet they delivered 500 pieces of broken washing machines. That scenario might be too harsh but could happen in real life. Some Chinese suppliers could mistakenly send you other type of product because of the large volume of orders they prepare every day. You can avoid this through supplier verification. In case you’re under a fraud transaction, the verification will stop any further damage so you won’t have to waste your precious time and money.

There are so many ways to find Chinese suppliers. What’s hard is finding a reliable and reputable Chinese supplier who can help you achieve the greatness in your business venture. But then, you can always go for a supplier verification for utmost success.

China As The Second Economy Giant Next To US; How It Surpassed Japan Will Inspire You

Previously, China was famous to be the land of royals and emperors. But now, China is considered an economy giant mainly because of their import and export business. China is a fast growing manufacturer of almost all kinds of products. Name it and top China suppliers eventually has it! Mostly into mobile phones business, China has become the largest manufacturer of mobile phones and similar gadgets worldwide. In fact, new technologies are constantly being developed in China every single day. If this continues, China suppliers will and a spot second to United States as the world’s largest economy.

What is behind this success? How did China managed to go up all the way to the second spot, next to US, overtaking Japan which is also an economy giant? Some theories suggests that it is a combination of these factors.

1. Products manufactured in China can effectively compete with products coming from the rest of the world. Reports claiming that products made in China are of low quality were quickly dispelled by manufacturers. According to them, buyers demand the standards of their manufactured products. With that, the blame is not on China supplier’s side. In fact, a lot of big names are manufactured in China and they have undergone strict quality control on the materials being used.
2. As of the moment, top China suppliers have cut down the red tape between Chinese government and foreign businesses. Previously, laws imposed by the government inflicts discouragement towards foreign business owners, resulting to less transactions with suppliers in China. But after China got involved in the World Trade Organization which was held last 2001, China was able to lure the international market and soon after, the practices and laws involving international trade was simplified, making it a lot easier to communicate to top China suppliers.
3. Rank as the number one highest populated country, China do not have problems with man power. The cost of living in China is also very low, resulting to a cheaper wage demand compared to US and Europe. This cheap wage greatly impacts in the overall product manufacturing cost.

Though language differences is still an issue up to this day, china suppliers resort in employing English-speaking staff to address this issue. Also multilingual sales offering assistance to foreign businessmen are highly prevalent in top China suppliers.

Business etiquettes also affects the failure and success in the business transactions in China. After all the trade liberalization that we have these days, culture and tradition still has a big impact when it comes to dealing business with China suppliers.

Finding Chinese suppliers is very important for importers to have flexible and variety of choices and options to choose from. For starters, it is best to coordinate with private companies as they have more information when it comes to trading practices and traditions in China. Nonetheless, it is important to understand the customs and traditions of China suppliers to be able to have smooth transactions with them. You can start by reading e-books and online information from export coaches.

China Suppliers Offering Drop-Shipping Method, How Can They Help You With Your Business?

eBay, one of the largest online shop today, are selling numerous items of different kinds. Most of these items are noticeably made in China. The big question that hunts every business owners is to how they can find a reputable China suppliers for drop shipping and wholesale supplies.  

Most items on eBay are second hand goods that owners find it useless but are eventually useful to others. Sooner or later, these kinds of sellers will run out of items to sell and will soon be finding Chinese suppliers to start a small buy and sell business in eBay. They would then buy products from wholesalers without realizing that it won’t sell all at once. These sellers would only end up being devastated of buying wholesale products instead of drop-shipping which is a much preferred method for small businesses. What are drop-shippers? What good can they do to your business?

As its name suggests, drop-shipper ships the products to your customers and even does the inventories. With drop-shipping, you don’t have to buy the products not until you’ve sold it in your website. This way, you can list items on eBay that you still do not own but you can definitely have once the purchase has been done. You do not even have to take the hassle of shipment because the drop-shipper will shoulder all of those. If the product won’t sell then you won’t waste too much money and effort, aside from the listing fee that you have to pay.

Sounds great, right? However, finding Chinese suppliers that caters drop-shipping is not easy as you think it is. One way to get a reputable China suppliers offering drop-shipping is through personally asking a power seller in eBay regarding their source of product. Thought the chances of getting info from them is very low, asking still won’t hurt. Other option is to look for an online forum tackling about selling on eBay. People here will surely provide you with information here and there. Most participants of these forums use drop-shipping method on their eBay business and has a list of China suppliers offering this type of method. If you are lucky enough, you will also know some hints on which companies to avoid to. You can also ask for the range of price for their products if you are in a tight budget.

Top China suppliers do not always offer drop-shipping method. Some find it more hassle and less convenient on their side. Nonetheless, if you find one, it will be totally brilliant and you can secure a good source of income in the long run.

Joining trade shows will also help you in finding a reputable and trusted China suppliers offering the drop-shipping method. The good thing about trade shows is that, you can talk to China suppliers face-to-face. You can ask as many questions as you like and ask if they cater drop-shipping. Also, you will have a lot of options when you join trade shows. You can pick the kind of product that you like and if you’re lucky, they will offer you freebies, discounts and great deals from trusted China suppliers. You can also find top China suppliers in trade shows.

Why Attending a Trade Fair Important For Businesses

A China trade fair, also called as trade show or expo, is an exhibition organized by companies so they can showcase their products and services, meet potential customers and industry partners, known the recent trends in the market, and a lot more. Joining a trade show might sound too boring but it will pave way to a bunch of opportunities that you never want to miss.

Uplifts The Exposure of Dealers

It’s given that when China suppliers join trade shows, they want to increase the exposure of their products and services. Raising your exposure will also mean more income and profit. Undoubtedly, you can attain a bunch of contacts just by merely standing in your booth. These contacts will later on turn into something more useful – they turn into sales. There are lots of ways to increase your exposure in a China trade fair.

Exhibition booth - First impression lasts. Same goes to the exhibition booths of Chinese suppliers wholesale. Exhibition booths should be carefully crafted to perfection so potential clients can get attracted to it. You need to attract the attention of customers and make them visit your booth amidst the large pool of competitors. Your booth should apparently speak for your company. Something that will drag the attention of customers just by merely seeing your booth is a must especially in China trade fair. Nonetheless, if your booth appears to be less attractive, your opportunity to drag potential buyers will all go to waste.

In addition to the professionally, well organized booth, China suppliers should consider personal interactions with their prospective clients. Instead of standing still inside your booth, try to go out, meet customers and build ‘guanxi’. Eventually, this interaction will lead to a profitable growth.

Expands The Horizon of Customers

Customers attending China trade fair are looking for something new, something that’s out of ordinary and something that will go beyond expectations. Certainly, you won’t be able to find all these things at home. Customers should check China suppliers at trade fairs so they can see the latest trend and products in the market. Aside from the chance to witness a whole new world of trading and commerce, Chinese suppliers wholesale can also offer discounts and freebies to their valued customers.

One can’t deny the fact that China trade fair has become very popular all over the globe. Nonetheless, trade fairs can contribute into the 4 most important aspect of marketing;

1. It allows you to reach the right target group
2. It allows you to endorse the right product to its rightful buyer
3. It allows you to interact with buyers face-to-face and get their feedbacks right away
4. It allows you to build your brand and PR exercise

Once you try to view it in business prospective, you will understand that China trade fair is indeed a replica of the actual market but presented in a much easier way. By the time a company attends a trade fair, all the important aspects of business opens up.

Things To Do When Attending Chinese Trade Show

After all the efforts and money spent, you are finally in China to join a Chinese trade show. You can’t just simply dive in the venue without further preparations. You need these guideline when attending China trade fairs. 

 1.Registration 

After taking a good night’s sleep, you must be in full energy to attend the trade show. Take note that if you are starting from Hong Kong, secure your visitor’s pass so you won’t have to queue in line when registering. If in China, register at the entrance area of the exhibition center or at your hotel. 

2.Purchase a China Trade Fair catalogue 

Buy a catalogue of China suppliers, sit at a comfortable place and take a sip of your drink. This catalogue should contain the necessary details regarding the trade show as well as the exhibitors and their products and services.

3.Meeting Plan

Upon reading the catalogue, you now know where to go and who to visit. Plan your meetings with China suppliers and organize it based on the location of their fair grounds.

4.Common Trade Fair Hours

In Hong Kong, typical trade fair hours starts from 9:30 AM until 6:30 PM. In the last day, it has reduced timings, starting from 9:30 AM to 5:00 PM. In Canton, typical trade fair hours starts from 9:30 AM until 6:00 PM throughout 50 exhibition days. 

5.Make Your First Contact 

Even from your home town, you have taken a list of China suppliers to contact with. You will now have the name of the contact person and the information whether they are attending the trade show or not. During the Chinese trade show, be totally prepared as the person you previously talked might not be present in the supplier’s booth.

6.Go To Your Preferred Manufacturer 

During China trade fairs, expect to see suppliers offering same products. To avoid confusions, go to your preferred manufacturer, the one you had trusted and contacted first. Also, remember that not everyone in the trade show is smart enough to talk to you confidently, some great manufacturers are shielded from communicating with prospective clients. 

7.Wrong Exhibitor Names

Be prepared to see a confusing China supplier’s name, carefully crafted in their booths. This instances happen when a company sell their booth places into another company.

8.Closed Down booths 

Closed booths in China trade fairs is just a common scene. These booths are sealed out due to copyright violations, patent infringements, lack of required licenses, and lack of required payment. 

Usually, products in closed down/sealed booth were confiscated and the China supplier will be summoned through a court order. A fine shall be paid immediately. Worst cases involves immediate arrest of exhibitors. 

Chinese trade show offers great opportunities to both suppliers and buyers. Amidst its numerous advantages, be very wary of illegal exhibitors as their products might compromise your business on the long run. The things listed above should be very helpful especially to first-timers.

Top 5 Ways On How To Find Suppliers in China

Sourcing from China does not mean you have to go personally go there. You seek other alternatives on how to find suppliers in China without flying yourself there. 

But these days, finding the right supplier without being scammed, acquiring the wrong product, or experiencing delayed deliveries is a big challenge that business owners need to face. All those horror stories are hidden behind the nice-looking ad of every suppliers out there.

Not all suppliers are bad. But first and foremost, you need to see through their actions that they can actually be trusted. Good suppliers are not perfect. They may lack communication skills, dysfunctional team, and other imperfections but they will never betray you.

If you do not want to waste your time with those bad guys, you need to know certain ways on how to find suppliers in China without falling prey with scammers. 

 How To Find Suppliers in China 

1. Online Sourcing

 The first way on how to find suppliers in China is online sourcing. It means that you are sourcing products online with an aim of matching the prices from different marketplaces. That way, you can resell it with higher profit. But before anything else, you first need to know the kind of supplier that you are looking for so you won’t have to waste your time testing the waters. You need to find the right supplier that can cater all your needs. After that, you also need to know the type of product that you like. Know your needs so you can set your budget and timeline. Make sure that the supplier can meet the quantity of products that you need.

2. Trade Shows 

Despite the advancement of technology, there are still a lot of suppliers who prefers to reveal their products in trade shows mainly to avoid competition. If you want to know how to find suppliers in China, you need to go to trade shows. Also, meeting face-to-face with your soon-to-be suppliers can help build trust for smoother transactions.

3. Factory Visits 

Another effective way on how to find suppliers in China is through factory visits. Visiting their establishments lets you see their workers, production line, facilities and equipment. Take note that this option will take more time, effort and money. 

4. Referrals

Just like any other businesses, referrals can be quite helpful on how to find suppliers in China. Through the help of business acquaintances, friends, and social media platforms, you might be able to find excellent suppliers in China.

5. Matchmaking

Events Your problem on how to find suppliers in China can be solved through matchmaking events. There are companies who offer matchmaking events to help match buying requests accordingly. Looking for ways on how to find suppliers in China is not considered a one-trick pony. You need to plan it properly so you can get better results in a short span of time. Nonetheless, no one wants to experience being tricked or scammed and losing customers just because of a wrong choice of supplier.