The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success
  • SPONSORED: GiganticWebsites.com: We Build Sites with THOUSANDS of Unique and Genuinely Useful Articles

    30% to 50% Fastlane-exclusive discounts on WordPress-powered websites with everything included: WordPress setup, design, keyword research, article creation and article publishing. Click HERE to claim.

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Importing and building a brand

Anything related to sourcing or importing products.

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
I posted a thread a while back: https://www.thefastlaneforum.com/product-development-sourcing-importing/44708-let-process-begin.html after being inspired by Vigilantes & Amails thread.

Finally after a few months of waiting, my samples have finally came!!

The products I am importing are a specific type of footwear and my plan is to create a brand around them.

A few months back I met a really cool illustrator/designer who I convinced to help me out with the branding and sorted all of that out, got the logo designed up and vectorised and got it trademarked.

After a lot of back and forth with the factories via email they finally sent our products last week via air, which was expensive, cost around $300.

It has been a hell of an experience and although after reading threads about importing and asking some of my friends who have imported before, its amazing how tough the Chinese can be and how they can specifically make mistakes or supply lower quality samples to you, concsiouly. All part of business I suppose, have to accept that.

I was fortunate enough to receive the samples first around $1000 before paying due to connections from my partners family.

Now that we have the product and have checked the quality my plan is to, create the webstore; I actually worked for an agency that specialised in ecommerce stores for big brands so have some experience there :), and create a compelling brochure/leaflet/"lookbook" that we can take to small independant footwear retailers and try to convince them to take some stock. The plan is to get a bunch of orders from a few stores on the strength of our brochure and sample products and then order another batch from China.

I think I'm possibly in the "desert of desertion" as MJ calls it as I am having some worries going through my head: "Have we researched this enough", "is there enough demand", "what if on our next order the manufacturer screws us..", "people say our logo looks like comic sans.. (not our target market anwway)"...

I listened to Vigilante's call about selling big box retail, that you have to approach small chains and you are in a pickle if you put your product across the country but its not selling... so I was thinking of taking this approach. My friend and his family have around 20 shops in London that sell footwear, however some of the footwear is a bit cheap, would this damage our brand if we managed to get into his shops?

There are one or two REALLY strong brands in this sector however a lot of people complain about the price and that they want them. While I don't really want to compete on price, the margin are very high at our competitors pricing point, so I was thinking initially while the brand is not as strong to offer them a bit lower? Perhaps this is a mistake.

I am tempted to post some pictures..

Would love to hear your thoughts and advice.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
Last edited by a moderator:

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
I flew to China a week a go for a 5 weeks holiday,
but have taken the opportunity to do some related visits.

First stop was international trade centres in Beijing relating to our market, they mainly deal with Russians who are looking for products to source to their country, so the area has lots of Russian signs/visitors.

The places are pretty conspicuous looking somewhat similar to brothels, however when you go in there are around 7 floors of shops filled of products.

A word of warning to anyone going with a Chinese translator or friend, these people only want to deal in foreign markets and will ask you "wholesale" or "retailer", they mainly want to deal with wholesale (obviously) and you might have them chasing you out otherwise.

Some of these people can have "thick face, black heart" and can seem a little unaffected by your inquiries, especially if you do so in Chinese. To get around this try to exercise your English language skills which will throw them off as they struggle to communicate with you. They speak perfect Russian here and some speak french too.

In regards to their English language skills, they know the keywords such as "pieces" etc. and mentioning these keywords, as well as the help of calculators will help you get by. Some will change your logos if you order an X amount. Understandably not all will send you pictures, however some did.

There were some occasions where my Chinese translator talked first and we were told to leave out as they believed we were competitors trying copy their products or what have you, we then switched up as both being "British" - which they believed and was pretty humourous.

It was a pretty interesting experience and it confirmed that the supplier I had found had supplied as with the highest if not the best quality materials for our product compared to what we saw in this place, filled with lot of products.

Today & Yesterday I just reached another city, which is the hometown of my partners family. They own a factory here and are pretty well connected, a family friend has just started a factory producing our type of product and we discussed the possibility of working together and they gave us a tour of their factory. There wasnt many workers as they were sourcing employees from another city who have the expertise in that skill.

Compared to the people at the trade centre who were most likely "middlemen", I have genuinely felt the hospitality of the Chinese people one of the many examples is after a tour of our friends factory they treated to us to a large meal at a great
local resturant.

Today we traveled to a city close to the hometown of my partner. It is famous for producing our type of product and after some
introduction / talks with a boss of one of the factory, we learned that prices have fell in the market less of
demand in the products in the economy and the cost of some of the materials from the product
also falling, valuable information for negotiation prices with suppliers.

Its amazing what a little conversation can lead you to, we went to visit another factory with two old guys in, after a little introduction of our backgrounds (apparently an important thing in China, social proof and all) one of the guys turned out to be
the big boss of many factories and quite famous as a supplier in the area. The total production of all their factories combined is around 1 billion yuan or "rmb" which is in the 100 millions of dollars, very impressive.

Their attitude was a lot different from the people in the trade market, they offered us fruit/drinks and had some chit chat
about their cigarettes which socially my partners family felt obliged to smoke... (although they dont) social smoking I guess. (Personally I'm agaisnt it, but I can understand the situation, I wonder what other's views are on this) and it turns out
that the other guy present had actually been a customer of my partners' family's factory before. After the chit chat that guy
drove us to the big boss's factory that makes our product.

I will update the rest later.. its already become a massive wall of text, perhaps should of been a blog post.
 

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
So continuing from the last post...

We arrived at the large factory and was taking to their offices. After some more chit chat introductions to these guys as well as some coke and water - the manager of the factory came in. He took us down to the "showroom" where some of their products were.

Not all the designs were present in the showroom as they had just been to a big exhibition in Europe and taken a lot of their show products their, its funny he mentioned it as me and my partner had planned to go to this exhibition next time it came around!

We had a look at all their products and saw some we were interested in. The quality was impressive as well as the prices, turns out that this factory had better prices than the other factory we were working with, score - now we have two good factories we can potentially work with and not keep all our eggs in one basket.

Before we entered the offices, it was evident how big their operation was, boxes and boxes of product laid around everywhere, ready to be shipped off to the US, with the names of the product and the distributor they were being sent to on the box, I made note of all the distributors and the brand to research later... I thought to myself these guys must be killing it!

When I first met the manager he seemed pretty unfazed but seemed to warm up after he had taken us to the show room, I think it was a combination of the fact we had done our due diligence reflected in the questions we were asking as well as finding a mutual interest/religion we have.

He was surprised that I too was the same religion and mentioned that British members were in his opinion "better" practicers of the faith than his fellow Chinese practitioners.

Unplanned and unknown to us, he then took us to the production part of the factory and he explained the whole process to us! We literally started at the first step and went through to the last one - it was amazing. We got to see how a similar product to ours starts off and is made step by step, people working at the speed of light, there were hundreds of workers - really impressive considering right now is the off peak time for all of the factories in the area!

When witnessing the whole process I thought how analogous it is to a real business, if you have a clear system with your steps clearly laid out, the output will take care of itself! (With a little oversight of course). Their operation was really impressive and I held back a few wows. It was evident the quality of the product as well as their Quality Assurance, they had rows of people checking all the products etc.

After we came out of the factory (still littered with boxes of products ready to be shipped) the manager asked me what I thought, I told him it was great *signalled a thumbs up, due to lack of language skills*.

The manager took us back to his office and we took his contacts details and he took ours. I noticed he was improving upon his language skills and we had a little convo about that. When we were about to leave he told my partner in Chinese that "we are brothers all over the world, welcome to china" and lifted out a gift from under his desk.

I was totally taken a-back, we hadn't even started business with them yet and he had kindly given me a gift.. what hospitality - they knew we were just beginners too and also the fact that I am quite young. I told him thanks and he is welcome at my house any time if he visits London, send me a message if he comes.

We said our goodbyes and happy with the new friends we had made, they insisted we eat with them, unfortunately we had to go and meet some other friends so we had to politely decline.

After this encounter I felt really inspired and after seeing the process of how the product started from raw materials turned into a product and ready for shipping to the distributers I am/was pumped to make this venture successful.

The gift the manager gave me turned out to be "Pu-Er" Tea, an expensive Tea from the Yunan province. Wonderful! I asked my partner if this is common for Chinese people and they said no, I thought to myself I must have made a good friendship!

When we got back I sent the manager a message telling him thanks, good luck with his learning which he replied and said if I have anything I need help with or any questions dont hesitate to ask him. Awesome.

After this trip we were pretty pleased and it was great to find a factory with lots of experience that was producing a major brand (one of our competitors, but on the low end side, we are aiming for high end). I am really seeing how this is all tying together. I am of the opinion that true rich people are not only rich in terms of money, that they can replicate the process again from nothing and that they have character - unlike the people in the trade market.

Time to make this a success!

So next stop is Guangzhou next week, we are going to see the factory that produced our samples as well going to look for some more for the other parts of our product, you can never have too few great factories right? Got to weed out all the crap.

My partners father let us know that word is that one of the factories in Guangzhou had a contract with a guy who wanted them to produce lots of their product, they produced them all but the guy backed out and didn't pay them, now the factory is in a tough position and has to get rid of a lot of high quality stock at a low price, oppurtunity? I think so.. we are going to look at the products when we get their, problem is they are already branded... so we will have to see how that works out.

Until next time...

Edit: A few pictures of the gift he gave..

IMG_1609.jpg
IMG_1608.jpg
 

Phones

Break your boundaries
FASTLANE INSIDER
Read Fastlane!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
202%
Aug 13, 2011
610
1,234
29
Praia da Areia Branca, Portugal
Awesome thread keep us posted for more details!

I'm currently also starting a Fashion accessories brand and I've been dealing with middle-mans and it has been hard to find the factories. As I'm still in an early stage, working with middlemans is the best for now (because I'm ordering 3/4 pcs/Model ), but as soon as it scales I will need to find the manufacturer and search for other products. Hope to make enough profit to make it worth going in a trip like yours!

Do you know if that "big man" you've found has any sunglasses factory?

Thanks,
Phones
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Dezzamondo

Indefatigable
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
140%
Mar 11, 2012
198
278
35
Worcester, UK
Excellent progress! Speed++

I've been led to believe that business gift giving in China is a common practice. The next time you visit, or have your supplier come to visit you, I would suggest reciprocating with a small gift of your own.

Great work!
 

PeteLife

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
189%
Jul 5, 2011
284
538
BALTIMORE/DMV
Excellent thread. Im loving the updates ... SPEED ++++ ... Also looking to getting into the fashion branding biz ... High end dress shirts to be more specific... But with a huge twist that will be a game changer.
I've been contemplating taking a business trip like this but currently putting that on the back burner until I make some more progess.

Please keep us updated...

Its not often we get to see into the world of importing from this aspect, actually being in the factories and giving first hand updates...
 

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
Awesome thread keep us posted for more details!

I'm currently also starting a Fashion accessories brand and I've been dealing with middle-mans and it has been hard to find the factories. As I'm still in an early stage, working with middlemans is the best for now (because I'm ordering 3/4 pcs/Model ), but as soon as it scales I will need to find the manufacturer and search for other products. Hope to make enough profit to make it worth going in a trip like yours!

Do you know if that "big man" you've found has any sunglasses factory?

Thanks,
Phones

Thanks for the kind words! I agree, at this point I think a middle man is ok given that the difference isnt too crazy. Won't make a difference on that scale and given that time is your most valuable thing I think testing market would be of more of a priority at this stage. Just my humble opinion though! Not sure what more experienced people would think!

I am not quite sure if he deals in glasses, I do not think so as I think its mostly footwear/apparel. I will try to ask when I visit next time.

Excellent progress! Speed++

I've been led to believe that business gift giving in China is a common practice. The next time you visit, or have your supplier come to visit you, I would suggest reciprocating with a small gift of your own.

Great work!

Thanks! I was led to believe that too - however the reason I noted a bit of difference in the post was because we just made a random visit to that factory - was not planned or anything as well as we didn't even do business with them/place an order.

Either way I am chuffed! Still a nice gesture and plan to take a nice gift for him next time we go!

Thanks for your advice.

Excellent thread. Im loving the updates ... SPEED ++++ ... Also looking to getting into the fashion branding biz ... High end dress shirts to be more specific... But with a huge twist that will be a game changer.
I've been contemplating taking a business trip like this but currently putting that on the back burner until I make some more progess.

Please keep us updated...

Its not often we get to see into the world of importing from this aspect, actually being in the factories and giving first hand updates...

That sounds great, thanks for the speed. Would love to read your progress thread.

I am happy that you guys took the time to read my updates - I was in two minds in whether to write it or not, not sure whether it would be interesting! So feel very happy.

Nearly time to go to Guangzhou, stopping by the Shaolin Temple tomorrow.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
sorry not to hijack the thread but can you post the links to vigilante's and amails threads?

Yay! My first purchase from an overseas supplier

Contains a link to vigilante's thread.

I should of really linked to them in the first post, but with quick use of the search function you could of found them easily.

Note to non INSIDERS, vigilante's thread is in the "Legendary" section on the Inside, well worth the subscription cost.

--

Back from Guangzhou - Lots of interesting stories and another destination of one of the worlds largest raw material suppliers.. will update on both later.
 
Last edited by a moderator:

Vassili

New Contributor
User Power
Value/Post Ratio
100%
Dec 11, 2012
1
1
35
interesting!!! I have imported some stuff from China (towels, mensuits and dresshirts, icecream machines (!)), but haven´t had a very pleasurable experience. Will be coming back to check your progress. good luck!
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Determined2012

Silver Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
108%
Jun 22, 2012
775
837
Chicago, IL
Back from Guangzhou

I went to Guangzhou in December--- Can you detail more of your experience from when you went?

Also- do you speak Chinese? How did you communicate with the vendors?

That place has EVERYTHING- I def want to go back soon.
 

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
interesting!!! I have imported some stuff from China (towels, mensuits and dresshirts, icecream machines (!)), but haven´t had a very pleasurable experience. Will be coming back to check your progress. good luck!

Wow sounds interesting, would love to read your story - PLEASE post your thread!

I went to Guangzhou in December--- Can you detail more of your experience from when you went?

Also- do you speak Chinese? How did you communicate with the vendors?

That place has EVERYTHING- I def want to go back soon.

I speak very basic Chinese, I am currently studying the language to make this process smoother - lots of motivation when I am in sitting in the conversations I don't understand and have to wait for my partner to translate to me - also makes communication a little more time consuming going through another person who may not capture your meaning.

Yes you are right - it has everything!

Will detail in next post..
 

viking88

New Contributor
User Power
Value/Post Ratio
10%
Jul 12, 2013
10
1
Oslo
Wow sounds interesting, would love to read your story - PLEASE post your thread!
I am still in a situation of where I am working in a job, and in my sparetime doing other things, so nothing exciting to tell.
Following your progress though - looks great! :)
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

LeungJan

Bronze Contributor
Read Fastlane!
User Power
Value/Post Ratio
93%
Jan 8, 2013
164
153
24 hour bed train journey from the North of China to
Guangzhou, I like bed trains - as far as I know we don't
have them in the UK. Went pretty fast and - I
finished "Thick face, black heart" in preparation of
further business with Chinese people!
Thanks Vigilante for the book reccomendation.

Straight off the train we went to the "shoe market" at
the request of my partners family - talk about fast!

The hunger of the Chinese people is evident. Have a problem?
Drive 3 hours to the city, meet with person and sort it out.

They literally go everywhere and sort it out as a matter of
urgency. So although I was tired and a bit dizzy from the journey..
I had to suck it up - the world does not give a shit about my
complaints! We dropped off the luggage at the station (they had a locker
point) and off to the shoe market.

Our purpose of going to the shoe market was similar to the reason as to
why we went to the one in Beijing - to get a feel for all the different
products we could potentially bring back, see what other factories have
been making and what the quality / prices are.

The people were a lot more receptive here as they are used to dealing with foreigners.
Some offered water and were very attentive. Some ask for your business cards
to probe how serious you are and others ask if you want wholesale/retail which
is a given at this point, like I learned before they are willing to customisations
on bigger amounts ranging from 60-500 "pieces".

So it was pretty much the same story but was a nicer experience than the
one in Beijing. We went through floors and floors of our product and it was nice
to assess the quality out there and the prices. The quality of the products these middle
men had weren't that good but it did broaden our eyes to see the variations of our
products and what was possible. At this point we were sick of looking at our product
over and over and had probably seen most of what China was offering on our product,
we just wanted to get into the action.

This was write up was sitting on my desk for a while so I will post the next,
more interesting parts of my trip soon.
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top