Doing business online has been an incredible boon to opening up possibilities.
While that’s hardly a groundbreaking statement, it’s surprising how many businesses regularly forget that the fast-paced nature of the online world also means fast-paced changes in international trade. The quicker the business comes in, the quicker the business needs to be able to pivot.
China is a prime example of this. In 2013, China was dominating Asia as the main source for parts and finished goods, such as medical equipment and supplies, paper, car parts, tires, computer and printers, and textile. Then changes began to shift the tide as other Asian, European and South and Central American countries began to be more competitive.
If you have been ordering from a Chinese supplier, it is quite possible you have experienced problems with logistics or in hiked prices. They were struggling to keep pace with a more competitive marketplace and communicate their needs.
Similarly, dealing directly is not easy if you are a small to medium-sized company. There’s a way to overcome that challenge, though.
The key to running a business in today’s digital world? Work with a buying agent.
An experienced buying agent that can do your sourcing and manage your logistics for importing or exporting can promise you the following:
- Opportunities to negotiate prices and terms
- Being able communicate without fear of being misunderstood
- Finding and working with reliable international sources for products like medical equipment and supplies, paper, car parts, tires, computer and printers, and textile