How to Buy from Yiwu Market Wholesale Supplier?

Jan 01, 2024 Chapter 1. Sourcing

Are you currently importing goods from Yiwu Market in China? One of the best things about Yiwu market is that they can accommodate very small order sizes – only one or two cartons is perfectly normal.

Yiwu won’t be a product paradise for some, maybe even most. But any buyer who currently buys or will buy something cheap can definitely make a small fortune, especially compared to buying the same product from local distributors and other middlemen especially in India, Mid-east, Africa… 

Here, we are going to introduce how to buy from the Yiwu market step by step.

Let’s start.

 

yiwu market

 

 

What is Yiwu Market?

Yiwu market is famous for the largest wholesale market trading globally, featuring around 75000 or more booths that offer a massive range of products. The product niche is also unlimited and covers about 400000 different types of products in the market.

 

What Products You Can Buy from The Yiwu Market.

Yiwu market is the world’s largest wholesale market for small commodities. It has a wide variety of products, including fashion accessories, toys, electronics, home & garden products, and more. Prices are very affordable, but it is important to be careful when shopping there, as there are many counterfeit and low-quality products being sold.

 

Buy from Yiwu Market  Pros

Buy from Yiwu Market Cons

  • Low MOQs
  • Lots of variety
  • Small lead times
  • Low sales pressure
  • Lack of selection for niche items
  • Items skew towards lower quality
  • You’re not dealing with factories
  • Little English from shopkeepers

 

 

The Quality of The Yiwu Market Products:

Yiwu’s cheap products obtained a big market share in the world for the price strategy. It’s famous around the world for cheap price, OK quality, small quantity, easy buy. Typical representative buyers of Yiwu products are supermarket like Dollar Stores, wholesale distribution. 

 

 

How to Pay Yiwu Market Suppliers?

  • For smaller orders (one container), a 30% deposit is typically required upfront. The remaining balance is due before the order is picked up.
  • For larger orders (multiple containers) from repeat customers, a 30% deposit is typically accepted in advance, and the remaining balance is due upon presentation of the Bill of Lading (B/L).

 

 

What’s Yiwu Market MOQ?

Minimum order quantities (MOQs) in Yiwu market vary depending on the product and the situation. However, all products are generally sold in cartons, not by pieces.

Here are some examples of typical MOQs for different product categories:

  • Jewelry: 10 dozen per design (120 pieces)
  • Bags: 200 pieces
  • Scarves: 300 pieces per design (subject to fabric availability)
  • Shoes: 200-300 pairs
  • Home accessories: Vastly different depending on the product. For expensive items like chandeliers, MOQ can be as low as 1 piece. For small items like birthday candles or Christmas ornaments, MOQ can reach up to 10,000 pieces.

 

 

Common Challenges When Buying from Yiwu Market:

However, it certainly has its challenges. We’ve collected the most common difficulties you may face when deciding to buy from Yiwu Wholesale Market. These will help you prepare and find the right help before you make a decision. These recurring challenges may be:

  1. Language Disability

  2. Products of varying quality from different suppliers or manufacturers

  3. Potential Shipping Challenges

  4. Vendor lacks necessary certifications

  5. Limited payment options

  6. Copies, imitations, polluted environment…

 

 

 

How to Buy from Yiwu Market?

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

 

 

 

Yiwu Wholesale Markets Lists at Yiwu City

1. International Production Material Market

  • Product category: machinery & equipment lighting products, and leather goods. 
  • Address: No.1566, Xuefeng West Road 

2. Huangyuan Clothing Market

  • Product category: clothing market
  • Address: Intersection of Jiangbin Middle Road and Huangyuan Road

3. Yiwu Furniture Market

  • Product category:  large-scale professional furniture market
  • Address: No.1779, Xicheng Road

4. Digital Market

  • Product category: retail digital business for individual use, assembled computers, brand laptops, projection equipment
  • Address:  No.238, Binwang Road

5. Communication market

  • Product category: mobile phones, digital cameras,etc
  • Address: No.211, Binwang Road

6. Yiwu Material Market  

  • Product category:  metal materials, stone, ceramics, and lighting hardware.  
  • Address: No.199, Xicheng Road

7.  Zhezhong Timber Market

  • Address: No.266, Xicheng Road

8. Yiwu stock street:

  • Wu’ai Specialized Stock Street (wuai area)
  • Meihu Specialized Stock Street (meihu area)
  • Xiawang Specialized Stock Street (xiawang area)

 

 

 

 

 

How Does the Yiwu Agents Company Support the Purchasing and Exporting of the Buyers?

 

 

For sourcing activities in most cases, you need an agent for assistance. These agents can help in arranging the visit, accompany you when you visit the market. The agents can then go to collect orders, inspect them, and finally send your products for shipment.

Of course, it’s understood that the agents will charge a percentage of commission from the entire order value ranging from 3-10%. It all depends on what you are purchasing and how much is the quantity.

You can also find some agents who only charge a 1% commission and dozens of ultimate services without any extra charges. It does sound like a miracle, but it’s true.

If you are from inside the industry, you must know that 1% is very less for the agents to survive. If you find someone who charges you with a 1% commission, then they have some skills to earn money cleverly without you knowing about it. 

 

 

Yiwu Warehouse

 

 

Pros of Hiring Yiwu Agent Service:

Hiring an agent makes all things easier and simpler for you. Sourcing directly from Yiwu without the help of an agent seems like a mission impossible. It is because you don’t have your warehouse to collect all the orders, no title through which you can ship the containers, and there won’t be any individual who can inspect your orders directly.  

Agents can also help the buyers to achieve the best and reasonable prices. Agents are in connection with different suppliers due to which the suppliers also offer them with stunning discounts.

 

Cons of Hiring Yiwu Agent Service:

The cons of hiring an agent only come if you hire a wrong agent. When you visit any agent’s website, you might find it promising. Still, most of them are incapable, inexperienced, have no connections, or lack warehouses. The agents also tell lies, charge you with additional costs, make mistakes, and make use of slow container lines that too at lower prices.

 

 

How to Find Yiwu Market Agent? 

Given the advantages and disadvantages you can get from a Yiwu buying agent, you may question how to find a good agent to cooperate with. 

First, you should know A perfect Yiwu agent supports the entire process for you so that you enjoy an excellent purchasing experience:

  • Agent Sourcing Rates
  • General Service Types
  • Supplier Sourcing
  • Arrangement of Samples
  • Shipping Arrangement
  • Inspection of High Quality
  • Warehousing Service

 

Here 3 common ways for how to find agent in Yiwu:

 1. Online search.

You can search google for “Yiwu Market Agent“, then you will find many Yiwu agents. Just choose one you like.

2. Yiwu local search.

You will see many commercials for Yiwu agents at the airport, station, and even your hotel lobby when you enter Yiwu. Please choose one of them and then do good research.

3. Middle east and Africa Fellow countryman

I also want to give something personal experience. You will find somebody export business in the Yiwu market directly to your country from the Middle East and Africa. They can communicate with you using your native language.

 

 

 

Tricks of The Yiwu Agents Which You Should be Aware:

Once you start dealing with the Yiwu suppliers, you must know the simple tricks to stay safe and get the products at the best prices.yiwu market inside

Have a look at the tricks of Yiwu agent service before you purchase in the Yiwu market:

· Keep changing the suppliers:

There are various suppliers in the Yiwu market, so there is a whole range of suppliers, and some agent will choose the cheapest one.

To obtain more profits, they will constantly change suppliers to get the cheapest products. But the consequence of this is that the stability of your product cannot be guaranteed. But they don’t care about it. 

· Ask your suppliers for kickback:

Some suppliers in Yiwu market offer kickbacks to the agents. The agents also source their products from these suppliers.  

· Ask the suppliers to cut down the prices:

It will result in inferior quality products for the buyers as the agents ask the supplier to reduce the price. Your Yiwu agent need to compromise on the product quality.

 

 

 

How to Go to Yiwu Market?

There are four convenient ways to get to Yiwu from your country:

  1. Fly to Shanghai and take a car ride arranged by us from Shanghai Airport to Yiwu. The price of the car is 800 RMB (130 USD) and the journey takes 3.5 to 4 hours. Or take a train then.

  2. Fly to Hong Kong and from there to Yiwu. The flight from Hong Kong to Yiwu takes 2 hours. Upon arrival at Yiwu Airport, we will pick you up for free within 30 minutes.

  3. Fly to Beijing and then from Beijing to Yiwu. The flight from Beijing to Yiwu takes 2 hours. We will pick you up at Yiwu Airport for free within 30 minutes.

  4. Fly to Hangzhou and take a car ride arranged by us from Hangzhou Airport to Yiwu. The price of the car is 350 RMB (60 USD) and the journey takes 1.5 hours.

 

 

 

 

Buying from Yiwu Market Alternative:

If you can’t come to China directly or don’t have the time to visit in person, you can search for the products you need on our online marketplace. Our catalog includes almost all Chinese suppliers, ensuring you can find the products that meet your needs. Through our platform, you can easily browse and order various products, enjoying a convenient shopping experience.

 

 

 

Feel free to visit our marketplace to explore more product information.

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Kelly
Kelly
3 years ago

What if i want jewerly whole sale to ship to Jamaica how do i go a head to do that ?

Boniface
Boniface
2 years ago

I am looking for an agent who can help purchase hardware items at best wholesale prices.

Mbah jonathan
Mbah jonathan
Reply to  Boniface
1 year ago

I’m happy for the advice you gave about Yiwu market, I deal on small watches low cost price.men, ladies & children, you can send me some samples.tnx

Courage
Courage
1 year ago

How can I get to the wholesalers online, without getting an agent? An how can I get the link to the market online…

Courage
Courage
1 year ago

So can I actually get a good an reliable agent from here please?

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