China is one of the biggest exporters of electronic devices in the world. These also include various LED products. Many people import LED displays from China. But some are not able to do so. It is because they don’t know the procedure.
There are many tutorials about how to import from China. Today, I will give you a complete guide for this. And how you can buy specifically from Dreamway Technology. For your convenience, I have divided this procedure into steps.
First, you must see whether you qualify to import from China.
Chinese products have an excellent reputation due to their quality and features. And then, there is a more significant profit margin here. But first, you have to see whether you qualify to import or not. It depends on your budget. You should know how much funding you should have to import something.
LED screens vary in price. For example, their cost can range from 500-8000 USD per square meter. It depends on many factors, including the type of screen. And the total project price will depend upon the specific size and model.
For instance, a P10 outdoor LED display of 6 × 3 m will cost around 9,000 USD.
Check if the LED screen products are profitable for you.
No matter which business one is doing, profit is most important. No doubt, you will be importing LED screens for profit. Or you will be buying for personal use because it is profitable to buy from China. Anyway, people define business using profit. Thus, it is crucial to do some research and look for profit.
It is essential to estimate the unit price of the product. For this, you can go on Alibaba. The cost of products with ready-to-ship can be a good reference. Shipping costs also account for a significant part of the budget.
For instance, if your product weighs more than 20kg, the shipping fee is around $6-$7 for 1kg. It is for international express. Sea freight is about $200-$300 for an area of cube meter. It also includes the entire cost. You will need to pay some other fees also. It includes import tariff, sample cost, etc.
The reason behind explaining this is that you should do some research. First, you should have complete knowledge about the cost or budget. And then, you should decide whether it is profitable for you to import or not.
You should research the manufacturers of your product.
There are many manufacturers of LED displays in China. A whole market has developed in the LED screen industry. You should do some research and find manufacturers. You should see which products are beneficial. You should see which manufacturers offer more. In this regard, visit our website and consult us for your project.
Dreamway Technology offers one of the best products in the market. We have built our reputation for being developers of quality products. We offer a wide range of LED screens, including:
- Indoor LED display
- Outdoor LED screen
- LED poster display
- Transparent LED display
- Flexible LED display
- Taxi LED display
- LED screen rental
- LED floor
These are quite a few products to name here. We aim to solve your LED display screen-related problems. We supply products at affordable prices. We demand no MOQ. And on top of this, we offer 3% free spare parts depending on your project.
If you are planning to sell these products, you need to consider these:
- Try buying large volumes, as it will cost you less on average. But for this, you should also have a market for your products.
- Focus on LED screen products that are in demand in your area.
- Don’t stress too much about the price. Instead, try to buy a quality LED screen.
You can find Chinese suppliers online.
Now, you have selected a product and done your research on it. After knowing about it, you will need to look for a supplier. In the case of LED screens, there are many suppliers in China. As stated above, China has one of the biggest markets for LED products.
Where can you find these suppliers? Well, you can easily do it sitting in your home. The only condition is that you have an internet source. It is effortless to reach and see products online in today’s world. You can google it easily.
Google is a good source of finding Chinese suppliers. Recently, companies have developed their websites on the internet. Dreamway Technology has also had more than one of its own. You can reach us by clicking here.
You can find Chinese companies on B2B trade websites. The most important are:
You can also search on social media platforms. For example, many suppliers are available on LinkedIn, etc.
You can find Chinese suppliers at wholesale markets, trade shows, etc.
If you want to visit in person, you can find Chinese suppliers on various platforms. Many such festivals happen in China. In addition, you can visit wholesale markets in China.
There are industrial exhibitions mainly held in Shenzhen and Guangzhou. These wholesale markets have thousands of products to offer. You can also look for industrial clusters. An industrial zone is an area where there are many suppliers for the same product. For example, Shenzhen is the central area of LED screen manufacturing.
I think industrial clusters are the right places to buy wholesale goods. You can take a stroll and check the prices. You can also find workers relating to this niche here.
You can also visit us in Shenzhen, China.
Once you decide on an LED screen supplier, it is essential to know if it is reliable or not.
As mentioned above, there are many LED screen suppliers in China. With so many suppliers, you need to focus more. You should know about your supplier. But how can you decide whether a supplier is reliable?
Well, for this, you can look few things about the supplier. These things are:
- You should see the business history of the supplier. When did this supplier start manufacturing LED screens? How much experience does the supplier have?
- You can see where the supplier has exported its products before. You should see how many products it has sold until now.
- Compliance certificates are an essential indicator of the reliability of the supplier.
Dreamway Technology has more than a decade of experience in this field. We have been manufacturing and supplying LED screens for almost 13 years. We have built a reputation and set a high aim for ourselves. Being a reliable supplier, we strive to help our customers and solve their problems.
You should understand product quotes based on trade terms.
While dealing with the suppliers, you will get many phrases. It would help if you had an understanding of these phrases. Here, I will list the three most commonly used terms in business.
FOB Quote:
FOB quote includes the following:
- Cost of product
- Shipping fee from supplier’s factory to port in China
- Exporting process fee
CIF Quote:
CIF quote consists of the following:
- Cost of product
- Shipping fee from supplier’s factory to port in your country
- Exporting process fee
- Insurance
The manufacturer supplies the product to the port in your country. The insurance is not applicable when the product gets damaged. It only applies when the whole shipment gets lost.
EX-Works Quote:
Using this term, the supplier only tells you the product’s cost. It doesn’t include any shipping cost or exporting process fee. Thus, it is not advisable if you are importing for the first time.
Determine the best LED screen supplier through some factors.
I have gathered five factors that can help you determine the best supplier.
Good communication:
While meeting the Chinese suppliers, there can be a communication barrier. You may not understand their language. Good communication includes that:
- You should know what you want and convey it properly.
- Be professional in the market.
Dreamway Technology has a professional team. On our website, all the content is in English. While if you want to visit us in person, you should not hesitate. English is the language of communication.
Lead time:
What is the lead time? The time the supplier takes to produce and get your product to ship after you place the order. The standard lead time of our LED screen is around 25 days.
It would be best to examine a sample before placing an order for large volumes.
All suppliers say that the quality of their products is good. But one cannot be sure fully. That’s why it is better to see a sample. First, you should know the quality of the selection. Then, order the product in large amounts.
Again, Dreamway Technology allows you to get a sample before placing the order.
Having a special low price:
You might have seen that some suppliers are offering their products at meager prices. And people often buy them thinking they have hit the jackpot. But these low prices often come with defects in the product. Be aware of them.
Consider shipping cost:
Sometimes, customers don’t arrange for logistics themselves. Instead, they prefer suppliers for shipping their products. In this case, one should focus on not only product cost but also shipping cost.
Confirm payment terms.
It is always sensible to confirm payment terms before you place your order. For us, there are two standard payment methods.
- Telegraphic Transfer (T/T)
- Western Union
Typical payment terms in the LED screen field:
- 30% deposit, 70% balance before exporting
Always focus on the best shipping solution for your product.
A good shipping solution is essential. It will save you money and time. It will save your product from damage. Now, there are five shipping methods:
- Courier
- Sea transportation
- Air transportation
- Railway freight
- Economic shipping for drop shipping
You can choose a courier if your goods weigh less than 100kg. Many well-known couriers are available, like DHL and FedEx. Courier only takes 3-5 days to arrive in the USA from China. It is speedy service. It is cheaper to send via courier in some areas. But it can be expensive in other areas.
If the weight of goods is above 100kg, you can select the air freight. It is because you can save more by air freight in this case.
Sea freight takes some time. But it is the best option for transporting large volumes of goods. It will also cost you much cheaper than a courier.
Custom Clearance
Customs clearance is the last step. You should have all the required documents or certificates for customs clearance. These include:
- Contract
- Commercial invoice
- Packing list
- Bill of lading
- Certificate of origin (not a must in some countries)
These are some standard documents. You may need some additional ones. Apart from these, you will need to pay customs duties. And the product is yours.
For further information or any queries, feel free to contact us.
