November 16, 2019 at 9:55 am #136412
In this article, I will list the best Chinese trading companies that will boost your sales without spending a penny on marketing.To make better use of trading companies, I will help you find the most suitable Chinese trading company to partner with.A trading company is a firm that connects buyers and sellers within the same country or different countries. Trading companies can also be referred to as middlemen between manufacturers and wholesale suppliers/retailers.November 16, 2019 at 9:57 am #136413
Trading companies are experts in import and export rules, regulations and procedures. To maximize their sales, they deal with multiple manufacturing companies. They establish their own marketing networks by identifying products and negotiate with the manufacturers and suppliers.November 16, 2019 at 9:57 am #136414
For the trading companies to create a large pool of China trading partners, they employ sales agents in both domestic and foreign markets to solicit for orders as well as promote their brands. Investment management firms typically manage large accounts on behalf of corporate pension funds, trusts, charity organization and similar institutions. They use the Forex market to facilitate transactions in foreign securities.November 16, 2019 at 9:57 am #136415
The Forex broker is very similar to a stockbroker. One difference, though, is that Forex brokers only deal with banks. They, in a very efficient manner, act as the primary agent for bank transactions of the Forex market. Due to technological innovations in the market, many traditional brokering duties have been computerized, decreasing the need for human handling of the orders.November 16, 2019 at 9:58 am #136416
Having a distributor means that the foreign company can be less involved in the process and bear less risk, but at the same time, it has to shed some control as well, such as in the marketing, branding and pricing of the products.November 16, 2019 at 9:58 am #136417
There are various reasons why a foreign company will want to set up a subsidiary in China when exporting its goods to the country. Without having an entity in China, the foreign company will be unable to hire staff. It will also be unable to issue VAT invoices to Chinese customers, or directly take payment in and convert RMB. With the entity selling the products under its own name, it can set the price itself. If the foreign company has personnel on the ground in China, it can establish firmer control over matters such as intellectual property protection, communication between customers and the foreign headquarters, logistics and quality control.November 20, 2019 at 6:00 am #137930
Nowadays, China is Called “the world manufacturing factory”. Here, you can find all industrial categories and manufactured goods. There are all kinds of fish in the sea，you need to carefully identify between them and choose the best supplier, products, and service. I hope today’s article has been helpful. contact us
May 11, 2020 at 10:59 am #293143
- This reply was modified 6 months, 1 week ago by esraganutmost.
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