Title: How to Find a Manufacturer or Supplier for Your Product Idea
1How 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.