Top 10 Mistakes Made By New Buyers In Asia

In this episode... Renaud and Adrian outline 10 common mistakes that new buyers make when buying from Asian manufacturers, especially in China. Avoid these pitfalls and you'll be far more likely to develop good relationships and get your products on time, on budget, and at the expected quality standard!   Show Sections 00:00 - Greetings and talking about the Hong Kong electronics fair in April 2023. 04:53 - Exploring the top mistakes that new buyers make when buying from China and other Asian countries. Renaud wrote this list of mistakes in 2011, but it's still relevant today! 05:55 - 1. Always pursuing the lowest price. 12:37 - 2. Agreeing on crazy payment terms with a supplier. 16:16 - 3. You fail to inspect product quality before shipment.  19:07 - 4. Failing to realize that pre-production samples are selling tools. 21:40 - 5. Not trusting the supplier at all and being obvious about it. 24:47 - 6. Not keeping 2-3 weeks of padding in the shipment schedule. 27:44 - 7. Having no visibility over your supply chain. 29:27 - 8. You forget to describe and document an important product feature or your packaging requirements. 32:47 - 9. Hoping that an unsatisfactory manufacturer will improve over time. 37:45 - 10. Not registering your trademark in China when buying from China. 40:43 - Wrapping up.   Related content... DIY Sourcing From China Part 2: Negotiations, Terms, Leverage, & Quality Standards [Podcast] See Sofeast's range of product inspections How To Get Transparency And Control Over Your Supply Chain? [podcast] How To Switch To A Newer, Better Chinese Manufacturer? [eBook] IP Protection in China when Developing Your New Product [Importer’s Guide] Read the original post this topic was taken from here.   Get in touch with us Connect with us on LinkedIn Send us a tweet @sofeast Prefer Facebook? Check us out on FB Contact us via Sofeast's contact page Subscribe to our YouTube channel   Subscribe to the podcast  There are more episodes to come, so remember to subscribe! You can do so in your favorite podcast apps here and don't forget to give us a 5-star rating, please: Apple Podcasts Spotify Stitcher Google Podcasts TuneIn Amazon Podcasts Deezer iHeartRADIO PlayerFM Listen Notes Podcast Addict Podchaser