To have progressive growth, arguably you need a great product. However, for a great product, you need a stable and reliable supplier. Making a mistake at this point can be devastating for your business and reputation.
With BizzBee Product Sourcing, you give us information about the product you want to source. And we will provide you with information of the right manufacturer. In the process, we will establish communication with many manufacturers, compare them based on several criteria and facilitate the selection process. You will significantly reduce the complexity and communication overhead from the process as a result.
BizzBee Product sourcing usually takes 6 steps:
First and foremost, this meeting is to get as much information as possible about the product you want to source. What technical specification do you need? Do you want branded/OEM or ODM product? What is your expected annual volume? These questions and more will be discussed at this meeting. In conclusion, this will give us a good understanding of what are you looking for.
Our first step is to understand the industry. Consequently, this step is informative and educational. The focus in this step is to see your product on Amazon, E-bay, looking at technical specifications, looking for it on Google and see which companies are major players, reading for customer’s reviews to see customer satisfaction. Additionally, we are looking for fairs, exhibitions and other public events that are relevant to your product.
In conclusion, the outcome of this step is to understand the market, see what the current competition is offering on the market, what are the informal standards and what the customer wants from the product (customer reviews).
After that research, from here on, we put our focus on finding manufacturers. Accordingly based on our kick-off meeting, we narrow down the search and start looking for manufacturers. As a matter of fact, this is done through Alibaba, TradeIndia, GlobalSources, Made-in-China and many other platforms where we have accounts. Mostly the leads are from a direct approach to them, but also on some platforms for this reason we create a request for quotes where manufacturers are invited to apply.
Furthermore, the outcome of this step is to have an Excel sheet of potential manufacturers with some information about them (the web, contact info, the product we are interested in, etc.) and in addition, a list of data that we are missing.
Step 4 and 5 happen in parallel (at the same time). The first one is to get some more information from the manufacturers. Whether it is CE certificate, other industry specific certificates, OEM/ODM capabilities, and other logistics information and quotes.
Then at this point, once we have all the needed data from the manufacturer supported with a quote for the sourced product, we will send the company to you for review.
From the shortlisted companies, you can choose from which you want a sample and we will organize their sample delivery accordingly. We organize the whole process, from providing your address to paying for the shipping costs.
Once you received the samples and you find the right supplier, consequently, we will transfer to you the entire communication with that client. Accordingly, we will send introduction e-mail connecting you, so you could start making orders and carry on with the supplier.