How to calculate the cost of China buying agent?


Posted December 15, 2021 by CENTURYCOLUMBUS

If you compare service rates between different China buying agents, this can be a daunting task.How is the charging methods of a China buying agent calculated?

 
Some China buying agents and companies neither charge commissions nor charge suppliers or Chinese manufacturers. Instead, these purchasing agents and companies provide other services at a fixed fee.

For example, the product purchase cost is between 400 and 5,000 US dollars. The China buying agent will charge factory management and quality control fees. These fixed fees are charged for each order or shipping container.

Importers usually seek value-added services after having problems with manufacturers, and are now seeking additional support to ensure smooth transactions and production.

3. Hourly charge

Some China buying agents will charge hourly to handle multiple tasks related to purchasing, such as negotiation, product development, factory management, quality control and logistics. This arrangement is suitable for importers who do not need full-time assistance but occasionally need someone to work on-site in China.

It is worth noting that in China, hourly charges are not as common as in the West. Generally speaking, it can be challenging to find a professional sourcing agent in China who has the time when you need it.

China foreign trade buying agent

4. Hidden charges

Although China buying agents will explain their payment methods, it is not easy to work with cross-border sourcing agents.

As we discussed, regardless of whether your preferred purchasing company in China has explained their cost breakdown, it is common not to compare directly. For various reasons, certain fees may be hidden.

If you are working with a China buying agent, please pay attention to the key details that will affect your business, such as pricing, specifications, and value-added services. Therefore, even if agents are not transparent about their costs, paying attention to the key points mentioned above can best protect your business.

With reference to the tax rebate model again, even trading companies themselves do not know their exact margin until the export of goods and transactions are fully settled. The reason for this lack of accurate information is fluctuations in currency and final logistics costs.

The above are some common charging methods of a China buying agent. professional China buying agents can work well with you and Chinese manufacturers. 21 CENTURY COLUMBUS INT'L TRADING LIMITED, a reliable China foreign trade buying agent, welcome to contact us!
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Last Updated December 15, 2021