Chinese products are already very cheap, but when we search for goods, there are often many products of the same type, but the prices are more or less different. So we only need to find the source supplier and negotiate the price with them, and we can get a more favorable cost. But haggling with Chinese suppliers may be different than haggling with suppliers from other countries. Here we share some tips that can help you negotiate effectively:
Do your research: Before you start haggling, make sure you have a good idea of the market price for the product you’re interested in buying. This will provide a reference point for your negotiations. For example, the average price of the product, favorable rate, SKU, etc.
Building Relationships: Chinese culture places a high value on building relationships, so take the time to get to know your suppliers and build trust. You can chat more, talk about the product, and the supplier will be happy to chat with you. When your relationship becomes rapport, they will not give you a hard time on the price.
Flexible: Willing to compromise and find a middle ground that works for both parties. For example, request a free gift or buy one get one free. Many suppliers are unwilling to cut prices, and you can request a discount with some extra items.
Respect for Others: Respect suppliers and their business and avoid being aggressive or confrontational when haggling. Do not talk about sensitive political topics and political positions in the business field. The Chinese people have a very firm position and would rather not make a deal than deal with someone who insults the country.
Be patient: Haggling with Chinese suppliers can take some time, so be patient and be prepared to go back and forth on the details of the deal.
Be ready to walk away: Be ready to walk away from a deal if you feel the vendor is being unreasonable or you don’t have a deal. After all, there may be more than one good supplier, so don’t get a poor shopping experience for these costs.
It’s a good idea to bring a Chinese translator or someone who speaks fluent Chinese to help facilitate the conversation. Maybe you are not in China, but you can find Chinese intermediaries to help you find products and factories. They have accumulated in this field for many years, and they will definitely be more reliable than you blindly searching. If you need this business, please contact us. We provide professional services and high-quality prices, and low handling fees will help you succeed! Telegram: @daviohk Whatsapp: +86 132 4482 2090
