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How to get a good price from Yiwu market? Despite the fact that most of the prices in Yiwu market are already cheap cheap, people are still keen on the answers to this question.
All right, here are a few tips:
#1 Get rid of the dipping (price increase caused by your agent) to get a better price from Yiwu market.
This is how Yiwu market works:
When you go to Yiwu market with your agent, the vendor would ask your agent how to quote the price. Most likely your agent would tell them how many dippings they want (in Chinese dipping is called DIAN, pronounced D-ee-an). If your agent wants one DIAN, that means they will increase the price by 1%.
For example, a 1.00 USD pad lock, after increasing by 1 DIAN, it would be 1,01USD. So when the vendor is asking your agent how they should quote the price next time, you could yell out “NO DIAN”. Hope this would shock the hell of your agent ;-)
And, you can also learn some Chinese numbers from 0 to 10: 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 pronounced ling, yee, er, san, s, wu, liu, chi, ba, jiu, sh. Are you practicing now?
Good, practice makes perfect.
#2 Buy bulky to get a better price from Yiwu market.
You can always have better prices if you can buy bulky from the market. For example, one container of straws, then you may get a 3% discount off. If you just buy a few cartons, there would be very limited space for bargain.
So try to buy bulky to have a better discount.
#3 Pay off the balance while collecting your orders.
Many suppliers are willing to offer a slight discount if you can pay off the balance upon goods delivery, so they don’t need to keep a big cash flow.
Now this method doesn’t work so well because of the financial crisis. Most suppliers now ONLY “grab cash” as they say.
#4 Compare to get the lowest price form Yiwu market
This is a huge market for zillions of products. Suppliers are competing to keep the price within a reasonable range. So it is always a good idea to compare if you have enough time. I’m sure you can always have a better price if you compare 10+ shops for one same product.
Hope these few tips can help you get a good price from Yiwu market.
How to get a good price from Yiwu market?
How to get a good price from Yiwu market? Despite the fact that most of the prices in Yiwu market are already cheap cheap, people are still keen on the answers to this question.
All right, here are a few tips:
#1 Get rid of the dipping (price increase caused by your agent) to get a better price from Yiwu market.
This is how Yiwu market works:
When you go to Yiwu market with your agent, the vendor would ask your agent how to quote the price. Most likely your agent would tell them how many dippings they want (in Chinese dipping is called DIAN, pronounced D-ee-an). If your agent wants one DIAN, that means they will increase the price by 1%.
For example, a 1.00 USD pad lock, after increasing by 1 DIAN, it would be 1,01USD. So when the vendor is asking your agent how they should quote the price next time, you could yell out “NO DIAN”. Hope this would shock the hell of your agent ;-)
And, you can also learn some Chinese numbers from 0 to 10: 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10 pronounced ling, yee, er, san, s, wu, liu, chi, ba, jiu, sh. Are you practicing now?
Good, practice makes perfect.
#2 Buy bulky to get a better price from Yiwu market.
You can always have better prices if you can buy bulky from the market. For example, one container of straws, then you may get a 3% discount off. If you just buy a few cartons, there would be very limited space for bargain.
So try to buy bulky to have a better discount.
#3 Pay off the balance while collecting your orders.
Many suppliers are willing to offer a slight discount if you can pay off the balance upon goods delivery, so they don’t need to keep a big cash flow.
Now this method doesn’t work so well because of the financial crisis. Most suppliers now ONLY “grab cash” as they say.
#4 Compare to get the lowest price form Yiwu market
This is a huge market for zillions of products. Suppliers are competing to keep the price within a reasonable range. So it is always a good idea to compare if you have enough time. I’m sure you can always have a better price if you compare 10+ shops for one same product.
Hope these few tips can help you get a good price from Yiwu market.
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