How to make money buying and selling from alibaba

From buying the goods to customs duties to receiving the goods. This special courses created by him will help you learn all about how to import from China, right from contacting right suppliers to calculating shipping costs to filtering the clutter on Alibaba. This site uses functional cookies and external scripts to improve your experience. Why would anyone buy it from you? General Selling Questions.

A massive ecommerce ecosystem fed by diverse ancillary businesses.

At its core, the Chinese company is an ecommerce giant made up of many online platforms that offer consumer-to-consumer C2Cbusiness-to-consumer B2Cand business-to-business B2B services. However, Alibaba is also involved buging many other kinds of business. Alibaba is often likened buyng Amazon AMZN ; while the two companies are similar, it’s important to know how they differ. But unlike Amazon, Alibaba itself is not a retailer. Alibaba is massive. It is now one of the 10 most valuable companies in the world, the fifth largest internet company in the world, and in Jan.

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Alibaba is an online marketplace that allows businesses and individuals to buy and sell products both internationally and locally. Search for your desired product and find a verified supplier with a good transaction history. Contact the supplier to negotiate the unit price, minimum order quantity, and shipping method. Use a low-risk payment method, like Paypal or an escrow service. To buy from Alibaba, start by creating a user account.

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Monye is an online marketplace that allows businesses and individuals to buy and sell products buyimg internationally and locally. Search for your desired product and find a verified supplier with a good transaction history.

Contact the supplier to negotiate the unit price, minimum order quantity, and shipping method. Use a low-risk payment method, like Paypal or an escrow service. To buy from Alibaba, start by creating a user account.

Next, use the search function to find the product you want to buy and check out the suppliers who sell that product. Before starting a transaction, check the supplier’s profile for verification badges and read customer reviews to ensure you’re buying from a legitimate source. Then, use the «Contact Supplier» button to negotiate the quantity, pricing, and payment method with your chosen supplier!

To learn more about interacting with suppliers and how to complete a transaction, read on! This article was co-authored by our trained team of editors and researchers who validated it for accuracy and comprehensiveness. Together, they cited information from 29 references. Categories: Shopping Online. Log in Facebook Loading Google Loading Civic Loading No account yet? Create an account. Edit this Article. We use cookies to mondy wikiHow great. By using our site, you agree to our cookie policy.

Article Edit. Learn why people trust wikiHow. Learn more Create an Alibaba account. Go to the Alibaba homepage and sign in if you already have an account. Small Business Administration website. Search for a product. There are multiple methods of searching for products on Alibaba.

The most basic way is by entering keywords or phrases into the products search bar on the the main page. Hover over a category then click a subcategory to browse products.

Filter your search results. Searching by product and category can return thousands of items, so it could alobaba lots of time to sort through products. You can use the options on the left side of the search results page to narrow your search and return fewer, more specific results.

Checking boxes like «men’s jeans» or «denim» and adding keywords like a particular color will return far less hits, making it easier to sort through your search results. You can also filter your product search results by the suppliers’ country of origin.

This will help you track down suppliers in your country, which will help cut shipping costs and time. Search by supplier. Post a request for quotation RFQ. You can also request a quote that specifies your sourcing needs and compare direct quotes from multiple suppliers. In the message body, you can any other relevant product specifications. Below the message body, you can add details about your shipping destination and preferred payment method.

Check supplier profiles for verification badges. The Onsite Check verifies that the premises of suppliers based in China have been checked by Alibaba staff to ensure onsite operations actually exist. The Assessed Supplier Check notes that the supplier has been verified by a third-party service. Look online for complaints about a supplier. In addition to checking for profile badges, you can find information about prospective suppliers online to avoid scams.

Search online for comments or complaints about the supplier. You can also cross reference the contact information provided on their Alibaba profile with a Google search. Look for a supplier with a warehouse in your country. Searching Alibaba will yield suppliers in a number of countries.

Finding a supplier based in or with a warehouse in selling country will cut down on shipping time and eliminate the need for you to deal with clearing customs. Contact the supplier and fill out the message form. This message should include any how to make money buying and selling from alibaba you might have about the products as well as your purchase request. Suppliers might run your message through Google Translate, so keep your language direct to avoid potential misunderstandings.

Negotiate minimum order quantity. The product listing will likely list a price per unit and minimum order quantity MOQ.

Note well that both of these are negotiable. Would you consider an order of units? Verify the posted price. This means that the seller pays the costs associated with transporting goods to the port of loading, and the buyer pays for costs associated with transport across the ocean to the final destination. Negotiate the payment price and method. You and the supplier can negotiate your payment currency and preferred payment method.

If necessary, you can exchange currencies with your banking institution. Keep in mind the posted price is also negotiable. This would help convince me to source from you regularly in maie future. Ask for samples. When you contact a seller, you should also consider asking for samples before agreeing to purchase a large quantity of a specific product. That way, you can inspect for quality before spending money on hundreds or even thousands of units. What is the difference in pricing for samples?

To avoid having to compose your message again, copy and paste it into a separate document like Google Docs before sending. Use a low-risk payment method such as Paypal. When you negotiate a payment method with the supplier, be sure to settle on a low-risk option. Avoid Western Union transfers, which you should only use when transferring money to someone you know very. Calculate and pay your freight costs.

You then pay the supplier the cost of transport. Hire a customs aalibaba. In the U. Have your goods shipped from the destination port. Dispute your purchase if your transaction goes wrong. Avoid purchasing buyibg goods through Alibaba. Branded goods sourced through Alibaba are likely to be counterfeit, and you could face legal consequences for reselling. It’s always best to purchase branded goods directly from the makw if you’re buying wholesale to sell retail.

In some cases the minimum order may be 1, so there is no problem. If not, then it is usually possible to contact the seller and ask to buy a sample, though you will have to pay a higher price for the single unit because sellers are usually trying to sell wholesale.

However, you may want to try looking for the product first at Aliexpress, the version of the site targeted at consumers, where it is almost always possible to buy a single product.

Yes No. Not Helpful 0 Helpful 6. Shipping by air usually takes days, while shipping by boat will take about 4 weeks, but is much cheaper if you are buying larger volumes. Not Helpful 0 Helpful 4. Not Helpful 0 Helpful 3. Alibaba itself is definitely not a scam, though it is surely possible to get scammed by a bad seller, or be sold low quality products if you are not careful who you buy.

Not Helpful 3 Helpful 8. I want to create an account with Alibaba not for business purposes, but to buy personal items from selliing suppliers. Do I aliabba a company name for that? To make an Alibaba account you need a company name, but you could use Aliexpress which guying not require a company. Not Helpful 0 Helpful 8. You can negotiate your preferred payment method with your supplier, but be advised that credit cards are not recommended means of payment due to the high risk of credit card fraud.

Not Helpful 0 Helpful 7. Be careful when using these other methods are some are more how to make money buying and selling from alibaba than .

How to Make Money by Selling Alibaba Products on Amazon [2020]

I strongly suggest you find a different plan. If you produce in small enough numbers, you should not be affected by any tariffs, as they mainly apply to certain monetary thresholds being imported. Thank how to make money buying and selling from alibaba for signing up for our emails. Discover what powers the wants, needs, and behaviors of more than 2, U. Additionally, product quality can be a concern when importing product from overseas. You will learn negotiating skills, private labeling a product, importance of an escrow agent and understand a lot of other complex terminology which may otherwise come in between you and great profits. This wonderful course is not just to help you import from AliBaba but actually takes you through the entire e commerce empire, helping you become part of the selling ecosystem on Shopify, Woocommerce, Amazon and AliBaba. Highly recommended for serious businessmen and entrepreneurs out .