The Wholesale Forums

[peth]

Just have a few questions to ask regarding a supplier i have found (located in china). I have recieved information back from this company with a price list for the products, MOQ etc.

1. What is the best way to deal with negotiation over the price?
2. Is the MOQ always fixed or is this negotiable? (currently at 50)
3. I have found this supplier through a reliable source which has verified the company, however - What is the best way to check/research the companies history etc ?
4. What are the advantages and disadvantages of "L/C at sight" and "T/T" and which is going to most secure?

Sorry about the amount of question, just wanted to get them all out whilst im thinking of them!

Thanks in advance

.

[greedyboy]

The first rule in my book is how much are you looking to spend? That will then help answer all your questions.

[peth]

around £1500-£2000 at the moment. Im aware thats not a lot for this busines, but i dont want to commit too much money into this area untill i am really sure on the company and the products potentials.

[greedyboy]

To be honest $3,000/$4,000 isn't going to get you a discount on 50pcs. This is really 'sample' money. You can try but I hold little hope on an initial order.

MOQ can be flexible, yo could ask for less items as a sample order.

You can forget L/C for the time being on your order. T/T will be your only option. Possibly 30% upfront and the remainder when the goods are ready to ship (depending on the lead time).