How to Buy from Yiwu Factory & Manufacturers?

Dec 01, 2023 Chapter 2. Supplier

In this post, I’m going to introduce you to the Yiwu factory market where you can find products to sell online for your eCommerce business. It’s just like the biggest toy store or candy shop you’ve ever seen, but it’s not limited to just toys or candies. 

Now, imagine if you had a school backpack big enough to fit a million different things. That’s what the Yiwu Market is like. It’s filled with aisles and aisles of every imaginable product, and probably some you’ve never even dreamed of.

This massive wholesale market has hundreds of thousands of products to choose from and caters to businesses of all sizes, even those with small orders and low minimum order quantities.

In this article, we’ll provide a full review of the Yiwu factory Market and offer some tips to help you make the most out of your visit.

 

What is the Yiwu Market?

The Yiwu Market, located in Yiwu City, Zhejiang Province, China, is one of the world’s largest wholesale markets, known for its extensive selection of small and affordable goods. With over 75,000 shops, it offers more than 500,000 different products, making it the largest export center in China.

Unlike trade shows like the Canton Fair or Global Sources, which only occur a couple of times a year, the Yiwu Market is open year-round, with the exception of a few specific holidays.

One of the benefits of sourcing products from the Yiwu Market is that you can have them shipped immediately to your warehouse due to its proximity to major shipping ports, which makes the cost reasonable.

While the market primarily caters to retailers and trading companies, you’ll also find Yiwu suppliers offering low-cost commodity products such as accessories, handbags, and textiles.

It’s important to note that most items with well-known brand names in the Yiwu Market are knockoffs or fake, so if you’re looking for high-end or authentic products, this might not be the right place for you.

 

Yiwu Go: Sourcing Without Visiting China

If you can’t go to China, there’s also Yiwu Gou. Yiwu Go is the official website of the Yiwu Market, featuring the market’s 75,000 shops and serving buyers who cannot attend the market in person.

Yiwu Go provides a 360-degree panoramic display of the various shops, offering an immersive experience as if you were actually at the market. There’s also a mobile app that allows you to browse and shop directly from your phone. It’s a valuable resource for buyers looking to source products from the Yiwu Market without physically visiting China.

 

Finding Suppliers at the Yiwu Market

You can find China wholesale suppliers at the Yiwu Market by either visiting the market in person or by shopping on the Yiwu gou website.

If you choose to visit in person, there are five districts spread across four floors, with suppliers selling similar products grouped together, making it easy for buyers to compare prices.

The market offers a wide range of product categories, including toys, crafts, bags, tools and hardware, stationery and office goods, socks and knitting, and bedding and fabrics.

It’s advisable to have a clear idea of what you want to buy before you arrive, as exploring the entire market could take several days.

Additionally, the Yiwu Market primarily focuses on inexpensive mass-market products and may not be suitable for sourcing high-end or niche products.

 

 

What to Buy at the Yiwu Supplier Market?

The Yiwu Market is suitable for buyers looking to source low-cost commodity goods with low minimum order quantities, such as ornaments, accessories, crafts, toys, textiles, office products, and pet products.

The market can be thought of as a Chinese version of a dollar store, and most items are available in small quantities, typically less than 100 to 200 pieces per product.

 

Dealing with Yiwu Suppliers and Communication

Most Yiwu Market suppliers understand basic English terms well enough to discuss prices, quality, and other essential details with buyers.

The shopkeepers are not typically aggressive or pushy, and you can inquire about their products without feeling obligated to make a purchase.

If you come across a supplier who doesn’t speak English, you can use hand gestures to convey your interests, and they will provide you with product details on paper.

 

Prices are usually in RMB (Chinese Yuan), not US Dollars, and for small purchases, it’s best to pay in cash and arrange delivery to your hotel.

If you’re interested in manufacturing, private labeling, or product customization, consider hiring a translator to ensure clear communication. Translators usually charge around 500 to 800 RMB for a couple of hours.

If you need someone to inspect and ensure prompt delivery of your goods, consider hiring a Yiwu sourcing agent, who can negotiate prices, inspect goods, and arrange for shipping. They typically charge a commission of 3% to 10% of your order value.

 

 

How to Get to the Yiwu Market?

You can travel to the Yiwu Market by plane, train, or bus.

If you arrive by plane, you can land at Yiwu Airport, serving domestic and international flights, and then take a taxi or bus to the market.

Those taking the train can reach the Yiwu Market by taking subway line 2 to Hongchao Railway Station and then a high-speed train from Shanghai.

Buses are another option, connecting Shanghai to Yiwu.

The Yiwu Market is open daily from 9 AM to 5:30 PM.

 

 

Is an Yiwu Agent or Sourcing Agent Necessary?

Whether you need an Yiwu agent or sourcing agent depends on your experience importing from China. If you’ve been to the Yiwu Market before and have experience, you can likely manage without an agent by communicating with suppliers using basic English.

However, if you’re new to importing goods or visiting a Chinese wholesale market for the first time, a sourcing agent may be beneficial.

Agents can accompany you to the market, negotiate prices, inspect goods, and arrange for shipping, ensuring you get the right products at a reasonable price. They typically charge a commission of 3% to 10% of your order value.

 

 

 

 

Yiwu Market in Dubai

In addition to the Yiwu Market in China, there is now a second location in Dubai, part of the Dubai Traders Market. The Dubai Yiwu Market serves both the retail and wholesale industries and offers a wide range of product categories, including electronics, furniture, and tools.

Its strategic location near the Jebel Ali port and Al Maktoum International Airport allows for cheaper and faster shipping.

 

 

Other Markets Similar to the Yiwu Market

There are several local markets in China similar to the Yiwu Market, each specializing in specific product niches.

Some of these include

  • the Hanzo Evergreen Clothing Market,
  • the Beijing Chinese Small Commodity Wholesale Market,
  • the Shenzhen Huaqiangbei Electronic Market,
  • the Guangzhou Shahe Clothing Market,
  • the Foshan Sun Link Furniture City,
  • the Guangzhou Baima Clothing Market, and many more.

 

Each market has its unique focus and specialization, catering to various product categories.

 

 

Should You Buy from the Yiwu Factory Market?

Whether you should buy from the Yiwu factories depends on your business needs and the types of products you’re looking to source.

The Yiwu Market is ideal for those seeking mass-market commodities with low minimum order requirements. You’ll rarely find MOQs of over 50 pieces, and many vendors set MOQs between 500 to 5,000 pieces.

However, keep in mind that most items sold at the Yiwu Market are relatively inexpensive and may not be suitable as standalone high-margin products for your online store.

If you’re looking for higher-quality products, you might want to explore other wholesale suppliers.

 

 

 

 

 

 

How to Buy from Yiwu Market Factory?

To buy from Yiwu market, you must first determine your import rights. You must also confirm that the products you want to import are permitted in your country. Once you have done this, you can begin the process of finding a Chinese supplier and placing an order.

Once your order is placed, you will need to arrange for storage in a Yiwu warehouse. You will also need to arrange for shipment of your goods. Once your goods arrive at your destination, you will need to track them and be prepared to pick them up.

 

1. Select the Suppliers Selling the Specialized Categories:

Some market suppliers in Yiwu market sell a mix of all the products while some sell only a single category. If you are planning to seek a specialized supplier, then choose the one who has a range of various products.  

The specialized supplier will offer you the best prices, the better quality of the products, and secure shipping and such suppliers are more familiar with the vast range of products.

Such suppliers who deal in various categories usually have many cooperative factories. However, suppliers who sell multiple products are not that professional compared to the supplier who just sticks to selling one type.  

 

How to Search for Yiwu Wholesale Market Suppliers?

There are 2 ways to find Yiwu market suppliers:

 

1. Visit the Yiwu Market Directly:

Are you able to go directly to the market or visit them along with an agent or translator? Then it advised comparing the prices of as many wholesale suppliers as possible to get the best price amongst them.

Usually, all the suppliers selling the same product are located in the same vicinity. You just need to go around similar suppliers and have a look at the prices.

 

Best Ways to Buy Wholesale Products from the Yiwu Market: We advise that it’s best to recommend that the buyer visit the Yiwu market themselves first and look at it. Then book an agent and go for confirming the details of the product.  

 

Yiwu Futian Market Guide:
 
Yiwu Market Guide
(Futian Market)
1 floor 2 floor 3 floor 4 floor
District 1
toys, artificial flowers jewelry jewelry accessories,
art & crafts
big showrooms
District 2
bags & cases,
umbrellas & rain wear
Tools, Hardware,
locks and other fittings
home appliances,
electronics & telecommunications,
watches and clocks
big showrooms
District 3
stationary &
office products
stationary &
office products
cosmetics &
beauty, buttons &
zippers
cosmetics &
beauty, buttons &
zippers
District 4
for socks daily necessities
supermarket products,
gloves, hats
shoes, ribbons, laces,
threads, buckles
other textile accessories
bras & underwear, belts, and shawl
District 5
products imported bedding, Chinese Knot,
DIY products
curtains, fabrics
textile raw materials
car/auto accessories

 

 

 

2. Search on the Official Yiwu Market Website:

where you can find all the relevant information regarding the suppliers online and their location in the market is one the online Yiwu market website:

  1. Yiwugo
  2. Chinagoods

 

However, the efficiency of searching for suppliers from the Internet is not very high, because the competitiveness of the Yiwu market is to update products quickly, and suppliers cannot update products to the Internet in time.

 

 

 

2. Make Sure to Check the Product Quality:

When you are ready to make a massive purchase from the Yiwu market suppliers, it’s better to make sure that the production of an enormous range of products is also the same and with good quality, similar to the sample product. It’s better not to assume that you’ll receive the same product quality as the sample when buying in bulk.

It’s better to undergo double confirmation and check it yourself while communicating with the supplier. In most cases, you’ll surely be surprised by what you received and what you ordered in the market. You’ll be surprised at the product quality, size, material used, color, and weight. All these features can be altered in comparison to the sample you chose.

 

 

3. Negotiate for the Prices:

When going for negotiating the prices, the prices are not that different for various quantities. If you are buying the product in bulk, let’s say you want to buy 1000 pieces, then the supplier might offer a reasonable price, and some suppliers can also provide you with an additional 3-5% discount on the entire order.

Some people assume that if they directly ask the supplier for around 10000 pieces, they’ll get a massive discount, such as 10-20%. However, this is not true whether you place an order for 1000 articles, you’ll get the same discount by the supplier.

Don’t get surprised by this fact as the suppliers won’t believe you at first for buying 10000 pieces immediately. They know that it’s just a trick for them to offer you the best lowest price for the orders. Don’t get surprised and get this fact that the price will remain the same for 1000 and 10000 pieces with a limited discount.  

 

How Should You Communicate with The Yiwu Market Suppliers?

 

Use a Translation Tools:

You need to communicate with them in basic English as they can only understand simple English terms. Just inquire about how much price, whether cheap or expensive, good or bad, and others. Use your fingers to point out the products which you want to buy.

Once you choose it, then the suppliers will tell you about the price regarding the RMB with the help of a calculator. Pay attention to the fact such as the suppliers will only accept RMB currency and no US dollars. 

Sellers can only communicate in this way, so it’s better to pay the cash for small stock and get it delivered to your hotel.

Hire a Translator:

However, if you plan on discussing the product manufacturing, customizing the product, or developing private labels for products, you should search for a translator and bring one with you for simple communication.  

yiwu market language

The translator can help you to communicate with the market supplier easily. You will need to pay around 300-500 RMB, that’s around $50-$80 for hiring a translator. 

Hire a Yiwu Sourcing Agent:

However, bear in mind that the translator’s job is only to help you communicate with the supplier. He or she might take you around in the entire wholesale market.

But once you place the orders, it’s not the job of the translator to inspect and get your orders delivered once you leave the market.

But if you are planning to buy bulk orders in the purchase, customize products, collect your goods and do shipment arrangements to your country, then you’ll need to hire a Yiwu agent.

 

 

 

4. Find a Shipping Agent in Yiwu

Once you buy from different suppliers, you have to hire a shipping agent to help you collect the goods, count the quantity, finish the payment.

 

How to Shipping from Yiwu?

Different logistics methods can make a vast difference both in transit time and freight charges. Therefore you always need to determine which method will be the most cost-effective one. 

Shipping from Yiwu you must have a shipping agent to help you collect your goods and shipping them out together. Here is 6 ways to shipping products from Yiwu market

  • Air Express
  • Air Freight (DDP)
  • Regular Post
  • Ocean Expedited Freight (DDP)
  • Ocean Freight (FCL/LCL-most buyers choose)
  • Train Freight (DDP)

 

The “Yixinou railway” starts from Yiwu and passes through Kazakhstan, Russia, Belarus, Poland, Germany, France, and Madrid

Yiwu market rail shipping The Yixinou Rail shipping can save about 50% of the shipping time, and the cost is only half or less than that of air freight. Need Yiwu train shipping agent ? With rising freight rates, rail transportation is also a good option.

 

 

 

 

Yiwu Market Alternatives: China Local Markets: 

 

Wholesale Product Categories China Wholesale Markets
Bags 1. Baoding Baigou Bags & Cases Trading Market
2. Guihua Gang Leather Bags Market
3. Yiwu International Trade City, District 2
4. Nantai Suitcases & Bags Wholesale Market
Bridal Clothes 1. Huqiu Bridal City
Commodity 1. Yiwu International Trade City
2. Wuai Small Commodity wholesale market
Ceramics 1. Shiwan Shagang Ceramics Wholesale Market
2. Jingdezhen Ceramics Market
Clothes 1. Hangzhou evergreen clothing market
2. Guangzhou Shahe Clothing Market
3. Hangpai Boutique Costume Market
4. Xinhangpai Leisure Fushicheng
5. Guangzhou Baima clothing market
6. Guangzhou Thirteen Hongs of Canton
7. Huangyuan Clothing Market
8. Baohua Baima Costume Wholesale City
Electronic 1. Huaqiang Bei Electronic World
2. Yiwu International Trade City, District 2
Furniture 1. Yiwu Furniture Market
Glasses 1. China Danyang Glasses City
2. Duqiao Zhejiang Glasses City
3. Yiwu International Trade City, District 3
Hardware 1. China Technology Hardware City
2. Shanghai Hardware City
3. Yiwu International Trade City, District 2
4. Yiwu Material Market
Jewelry 1. Shuibei International Jewellery Exchange Center
Leather 1. Haining China Leather City
Down Leather 1. Gaoyou Down Feather Economic Development Zone
Machinery & Accessories 1. Linyi Car & Motorcycle Fittings Town
2. Yiwu International Production Material Market
Shoes 1. Guangzhou Metropolis Shoes City
2. Yiwu International Trade City, District 4
Silk 1. Hangzhou Chinese Silk City
2. Eastern Silk Market China
3. China Textile Town
Socks 1. Datang Stocking Industry Market
2. Yiwu International Trade City, District 4
Stationery 1. Guangzhou Chaoyang stationery market
Toys 1. Wanling plaza
2. Shantou Chenghai Plastic City
3. Linyi Yongxing International Toy Profession Wholesale City
4. Jiuzhou Stationery Toy Wholesale Market
Textile 1. China Textile Town

 

 

 

 

In Summary

In summary, the Yiwu Market is an excellent place to source accessories or add-on items to complement your existing product line. It offers convenience in terms of combining orders from multiple shops into one shipment. Just be aware that most items are not high-end, and customization may not be possible.

When buying from the Yiwu Market, you’re primarily dealing with trading companies rather than direct Yiwu factories. As a result, it’s essential to negotiate and communicate effectively with suppliers to get the best value for your business.

So, whether you’re looking for toys, accessories, crafts, textiles, or other low-cost commodities, the Yiwu Market is worth considering for your sourcing needs. It provides a convenient way to find a wide variety of products with low MOQs, making it a valuable resource for eCommerce businesses.

 

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