How to Find a Manufacturer or Supplier for Your Product Idea - PowerPoint PPT Presentation

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How to Find a Manufacturer or Supplier for Your Product Idea

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Even though the B2B marketplace made the trade between manufacturers, suppliers, and retailers pretty easy, there are still shenanigans due to which retailers find it difficult to contact manufacturers and suppliers. Here, we are answering one of the most asked questions over the – PowerPoint PPT presentation

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Title: How to Find a Manufacturer or Supplier for Your Product Idea


1
How to Find a Manufacturer or Supplier for Your
Product Idea
Even though the B2B marketplace made the trade
between manufacturers, suppliers, and retailers
pretty easy, there are still shenanigans due to
which retailers find it difficult to contact
manufacturers and suppliers. Here, we are
answering one of the most asked questions over
the internet. The question itself is How to find
a manufacturer or supplier for your product
idea. Also, this article is to promote the
influence of the B2B marketplace. Thus, the
points we are focusing on only help you in the
online dealings and help you find the right
manufacturer for your specific product idea all
the time. 1. Check the details on the portal If
you are not in the B2B portal then I advise you
to register your business with the B2B
marketplace. This way, you will find many
manufacturers and suppliers under one roof. With
tons of Online B2B portal available, these days
find the one that suits you best and also the one
that fits into your budget too. Once you login
to your B2B portal with your user ID, you will
find many manufacturers and suppliers
categorized with the city, product ideas, and
many others specifications. Search the list of
suppliers
2
  • for your product ideas, and drop the message for
    business deals with the one you find most
    interesting.
  • Ask for the quotation
  • Right, a good businessman never finishes the deal
    in a hurry. Also, to make a sound decision, you
    should visit the website, call the owner,
    negotiate the deal, and if necessary go for the
    face-to-face interaction as well.
  • Thus, finding the list of suppliers is one thing,
    and doing business with the right suppliers is a
    different thing. Since the B2B portal is nothing
    but the gathering of business minds under one
    roof, you are on your own when you deal for your
    business. And you better start with asking price
    quotations.
  • Negotiate and go through quality control
  • This is more like a process now. So, you have the
    price quotation either you negotiate now or if
    the price sounds fair then go for quality
    control. This is a crucial step as you must know
    whether the product you are purchasing is of
    good quality or not.
  • Beware of the scams and other things that come in
    handy with the online B2B marketplace. Also, all
    the deals happening in the B2B marketplace are
    very common to negotiate since sides are
    businessmen and the purchase and sale of the
    product happen only to resell.
  • Compare the rates and suppliers quotations
  • Even when you negotiate your deals, there are
    chances of you to churn out a profitable deal
    from the B2B marketplace purchase. All you have
    to do is to compare the prices that every new
    seller is coming with to make their very first
    sale.
  • Get the suppliers' quotations and find out if
    these quotations are any different and also find
    the reason how and why price quotation differs.
    This way you ensure the right deal for your
    business and make some profit even before
    selling the product to ultimate customers.
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