The phrase New Year, New Me is already being thrown around and you could very well have your own resolutions ready and raring to go. Personal goals like losing weight, quitting smoking and doing one good thing every day are common, but in the world of business, things are a little different. Goals like improving ROI, changing up the office and even expanding your reach are all admirable, but for those looking to add new products to their line up or change their supplier completely, launching into the New Year is going to take some thought – that’s where we come in.
We’ve put together this guide for finding a brand new supplier, whether locally or abroad, in 2019.
Choose A Product
First things first, you’ll need to work out what products you’re looking to produce. Are you seeking a new supplier for a current product or something entirely new? Once you’ve determined this, you can better decide where you’re going to start your search. While consumers have grown a liking for ‘locally sourced’ goods, there are some products that could still benefit from being imported from China including technology, machinery parts and more.
Research, Research, Research
Once you’ve worked out the products you want to source, you need to start researching. Look into suppliers from across the globe, read reviews, ask questions and contact them directly to find out more information. This is the time in which you can really find out everything you need and could want to know about every supplier to better make an informed decision.
Social media can be a great way to find out about suppliers, as well as network with them directly. LinkedIn, in particular, is useful for this given its B2B standing. You can not only search for suppliers, but you can speak to them through direct messaging and are more likely to find a real person to speak to directly, rather than an automated email response.
Pick A Handful Of Suppliers & Get Samples
Once you’ve done all of your research and started getting in touch, it’s time to whittle this down to a handful you may be considering. Take all of your research into account, pick out a few suppliers, and then request samples of the products you’re looking to order. Once you have the physical product in your hands, you can take a look at which is closer to your needs, desires and ultimately, what will be more beneficial for your business overall.
Ask Yourself These Questions
If you need further help choosing the supplier, you can ask yourself the following questions to help yourself out:
- Is there a minimum amount that you’ll need to order? How does this factor into your businesses plans?
- What discounts are available for bulk orders, if any?
- How long will it take for the products to be produced?
There are plenty of other questions you could ask too – take a look at your business plan, and work out what you need. Once you’ve done this, you can better decide which supplier would work best.
Make That Final Deal
You’ve chosen your product, your supplier, and you’re ready to go! All that’s left now is to make that final deal. Check all payment terms, shipping terms and organise your freight delivery.
For a quote, simply fill in our simple online form today and we’ll get back to you with a bespoke price as soon as possible.