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How to source Product trough
online Sourcing?
Product Sourcing
-Offline sourcing
-Online sourcing
Offline sourcing
- Trade shows / expo/ events
ADVANTAGES
• Meet reliable suppliers
• See actual product
• On the spot negotiation
DISADVANTAGES
• Expensive (Hotels, Flight ticket etc)
• Large Minimum order Quantity
• Language Barrier
Online sourcing
-Sourcing website
ex. Alibaba & Aliexpress
Alibaba.com (www.alibaba.com) is a business to business
website provides a business trading platform for buyers
and suppliers to exchange business information.
Most of the members on Alibaba.com are manufacturers or
trading companies or resellers who trade in large quantity
order.
Supplier Account Website
Supplier show room
AliExpress (www.aliexpress.com) is a wholesale
marketplace from Alibaba.com offering quality products at
factory prices. You can order as low as 1 item and pay
safely using their secure escrow service.
Payment is only released to the supplier after you confirm
delivery.
Sending them a message
Chat them trough trademanager
How to connect with the suppliers
What is TradeManager?
TradeManager is Alibaba.com's Instant Messenger tool.
With TradeManager you can:
Chat with buyers and suppliers in real time
When buying or paying trough alibaba or aliexpress.
Escrow
Alibaba.com Escrow Service protects both buyers and
suppliers in international trade. It works by placing
payment in the control of Escrow, powered by
Alibaba.com. When both buyer and supplier verify that
the transaction has been completed, then the money is
release
Draft order
Other payment methods
-Bank transfer or T/T Telegraphic transfer
-Paypal
-Western union
TIPS: Have your own/personal courier
agent
Alibaba. / Aliexpress
-Supplier Pricing
Product + AirfreightS hipment = Total price of the
product
“They always use airfreight”
“If you have your own courier agent they only give you
the price of the product”
Ask the supplier to deduct the shipping cost to the price
1) Air freight
Airfreight cost per weight or measurement (Total Weight or
measurement of your orders)+custom taxes = Total shipment
cost
2) Sea freight
Sea freight cost per weight/measurement ( Total weight or
measurement of your orders) +custom taxes = Total shipment
cost
Other options
3) -Loose cargo
( All in package)
Cbm cost per measurement / weight of the product
(total weight orMesurement) = Total shipping cost
How to Source Products from Overseas
1) Choose a product.
2) Find a supplier.
3) Choose the Right Supplier
- Do a research
- request product samples

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