What is this article about?
This article will introduce you to the China Yiwu toys market, also known as Yiwu toys wholesale market, located in the Yiwu market, the largest wholesale market in the world. Moreover, we will give you 5 aspects about the Yiwu toys wholesale market: types of products in the Yiwu toys market, suppliers, Minimum Order Quantity, prices and stock.
The toy products in the Yiwu toys wholesale market includes electronic toys, fabric plush toys, inflating toys, regular toys, kids toys, sexy toys, etc. when you see this market, I bet you will probably feel that there are countless types of toys in this area, that is pretty much right.
Moreover, you could find almost all the different toys in the Yiwu toys wholesale market. As a professional Yiwu market agent, according to our sourcing experiences, If you are a wholesale buyer, then the Yiwu toys wholesale market will be your paradise, it will give you a lot of ideas for your wholesale business, the reason is not only the toys suppliers already have a lot of new designs in their shops for this year, but also they keep updating hot selling designs monthly to meet different buyers from different countries.
Therefore, customers could just simply order a lot of new, fashion toys in the china Yiwu toys market. In a lot of cases, there is always a big chance for customers to order more than expected after they search this Yiwu toys wholesale market.
Now where these suppliers in the Yiwu toys wholesale market come from, well, the top 3 provinces for toys Manufacturering in china are Guangzhou province, Zhejiang province, Jiangsu province. Every province has its own strong suit type of toy. For example, Guangdong province is mostly for high value-added electronic and plastic smart toys, Zhejiang province is mostly for wooden toys, Jiangsu province is mostly for plush fabric toys.
As a professional Yiwu market agent, a lot of our toys suppliers come from Guangdong province, because the most toys that our customers ordered from us are electronic toys, on the other hand, most of those suppliers are from Shantou city, Which city is actually one of the most concentrated areas of Guangdong province in high valued-added toy production.
But does it mean we need to go to Guangdong province we need to make orders every time? This is not necessary, we just take customers to Yiwu toys wholesale market to meet those suppliers and confirm orders, the next they will send toys to our warehouse in Yiwu city before quality control and shipping, it’s just that simple.
Minimum Order Quantity
Now next is the quantity, as the Yiwu toys wholesale market is for wholesale, so how many quantity you should buy or does suppliers have minimum order requirement? Yes, the minimum order quantity is also known as MOQ, the MOQ could be 1 carton to 50 cartons, depends on the toys products,
As a professional Yiwu market agent, according to our over 7 years of sourcing experiences, customized orders always need MOQ, so what are customized orders. For example, if you want to put your logo on the toys, you want to change some parts of the products, or you want customized colors and designs for the product, etc.
Then there is always MOQ for you, the MOQ will vary depending on different suppliers, some suppliers might give you lower MOQ because they already have current models for your designs, the other suppliers who give you higher MOQ because they need to specifically open a new model for your products, so you need to find the best and proper suppliers for your products.
In our sourcing experiences, the low MOQ usually ranges from around 20 to 150 cartons, for small regular toys, the total quantity will be 400-2000 pcs, sometimes we will have a full container for one toy design, so like I said, it depends on products and suppliers.
Next is the price, as the price always can be negotiated because of different quantities in wholesale. Actually, the price totally depends on quantity, if you got more quantity for suppliers, they you have strong bargaining power, because all suppliers in the Yiwu wholesale market want big order, which means bigger profit to them, so try to use your advantage to get the best price for you.
As a professional Yiwu market agent, we always help customers negotiate the price with suppliers, no matter customers’ orders are big or small, it is our job and duty to get the bottom price out of suppliers for every order, the reasons we could get bottom price is we have a good reputation in the China Yiwu toys market, many of suppliers in the Yiwu toys wholesale market know our company, and we know the skill how to bargain, because we are the local agent in the Yiwu market, we could speak the local language with suppliers, and we have the same culture with those suppliers.
Therefore, above all makes us good at negotiating. In fact, this is a win-win-win situation for customers, suppliers, and us, customers could get the bottom price, suppliers could get bigger orders, and we could get more commission from customers, so you know the theory.
Now the last the stock, what if you find the right suppliers and prices for your toys but the suppliers can’t sell to you, because some toys designs that suppliers do not keep stock for selling. On the contrary, they only produce, it makes sense because not all suppliers have cash enough to stock their products, so the only way you could do is to find stock suppliers, trust me, you will find if you keep searching in China Yiwu toys wholesale market.
As a professional Yiwu market agent, in our sourcing experiences, this happened to us a lot of times, some customers searched and couldn’t find the stock suppliers, one reason is there are not so many suppliers will have stock for a certain type of toy, but they still are in the China Yiwu toys market, just hide in some location. The second reason is customers might not be very familiar with Yiwu toys wholesale market, they could search but they couldn’t finish all corner.
In a case like this, customers just need more time walking around, or we could help customers to reach more unknown corners in the Yiwu toys market to find stock suppliers, it’s not rocket science, sometimes you just need more time and patient before you finally get them.
One-Stop Sourcing Service
Our one-stop sourcing service (also known as one-stop service) includes airport pickup, market guide, order tracking, cargo consolidation, quality control, loading container, and shipping. So, what is our one-stop sourcing service all about? Below are the details:
Firstly, Airport Pickup
Our car team service will make sure customers come to see us right away. Although this is not a very big issue for customers with the convenient transportation system in China nowadays. We still believe excellent service needs to be maintained in a professional way.
Secondly, Yiwu Market Guide
As one of the best Yiwu agents in Yiwu city, we choose the proper suppliers for customers either in the China Yiwu Market or direct manufacturer, which depends on the products customers want to purchase. Basically, you could find almost all types of products in the Yiwu Wholesale Market. More importantly, as a professional Yiwu agent company in Yiwu city, we know every corner of the Yiwu Market.
Moreover, customers might want to deal with direct factories instead of the Yiwu market. This is also no problem for us as we have over a hundred suppliers’ teams to choose from. To sum up, guiding customers to manufacturers is just as same as we do in the Yiwu market, China.
Thirdly, Order Tracking
After customers leave Yiwu Market with all confirmed orders, we will step in to track all order status. This is to make sure the lead time, delivery time, quality, quantity, product specification is all approved. Then keep customers posted on every situation for every order they placed in the Yiwu market, China.
Fourthly, Quality Control
As a professional Yiwu agent company, our quality control includes 3 phases.
Firstly. Confirmation sample. This step is just to confirm that the products customers ordered are perfect in quality, quantity, package before production starts.
Secondly. Production sample. Suppliers will start production based on the confirmation sample, but still, we need to check what real production product looks like, this is a necessary procedure to avoid any mistake or misunderstanding between customer and supplier.
Lastly. Vessel sample. After production is done, we will do 20% randomly testing on all products which are ready to ship. It is our quality-control for customers as a Yiwu agent in Yiwu market.
Fifthly, Warehouse Facility
The good thing to have our own warehouse in Yiwu city is to have everything under control. Moreover, there is usually more than one supplier to manage. For example, the goods in one container are from over 10 different suppliers.
So, as the customer’s Yiwu agent company, not only we need to do the above procedures, but also we need to collect all products in our warehouse on time after quality control before shipping. In short, making all products ready in the warehouse will be very helpful for us to proceed with shipping.
Sixthly, Container Loading
As a top Yiwu agent, firstly, we start with the large and heavy items and load them on the floor against the front wall of the container. Secondly, continue loading heavier items on the floor and towards the front of the container, placing lighter items on top. Lastly, pack the items tightly so nothing moves. Work the way along in tiers loading from bottom to top.
Moreover, look at the spaces in the tier and put an item to fill that space if possible. In short, packing and loading the container well is the key to getting our shipment in good shape on the other end.
Seventhly, China Customs Declaration
As a professional Yiwu agent, we will submit all documents to china customs about products and containers, such as declaration documents invoice contracts certificate of origin form E fumigation certificate, etc.
Only will finish the customs declaration and get a greenline from china customs, then the container will be boarded to the vessel and start selling to the destination discharge port. Last is we will provide documents, like the original bill of lading invoice packing list or customers to release container by themselves.
After the vessel arrive at discharge port so in general, the customer’s declaration is more about paperwork with that being said, we will confirm all documents with customers in advance, this is to make sure that there will be no issue for products and container later.
Now the last is eighth, which is also the last part of our one-stop sourcing service is shipping. Well, after we finish the loading the containers will be sent to the loading port and in the good hands of vessel companies. Although products are leaving china to its destination.
As a professional Yiwu agent, we still could remotely monitor container and vessel status, we won’t stop coordinating with forwarders and vessel companies until containers arrive at destination discharge seaport and received by our customers. Other than shipping by sea， we also have other shipping methods like shipping by air door to door and railway etc.
In the early 1980s, China Yiwu city was an impoverished rural county historically known for its small traders, who mostly bartered sugar for chicken feathers during the Qing dynasty. When the Yiwu market was opened in November 1982, it merely consisted of a few hundred sheds and stalls, but proved highly popular and grew quickly. In 1983, the county government spent 580,000 yuan (US$293,567) to build a new market consisting of booths. By the end of that year, there were more than 1,000 vendors selling over 3,000 products, most of them from outside Yiwu China.
In October 1984, the Yiwu Market continued its rapid growth and was rebuilt and expanded multiple times. The number of market booths exceeded 10,000 in 1991. Moreover, the World Bank called it the world’s largest small commodities market in 2015. By 2013, it attracted more than 20,000 customers daily from all over the world and sold US$11 billion of goods annually. Till 2019, there are more than 80,000 booths for worldwide buyers to choose in Yiwu market, Yiwu city, China.
China Yiwu market is the ultimate destination for buyers to come to Yiwu city. Now for those who don’t know about Yiwu market, here we specifically made full introduction about Yiwu market. The highlighted in map below is the famous China Yiwu market, actually it’s the biggest wholesale market in the world, this is recognized by the United Nations.
To clarify, there are total 5 districts in Yiwu market. Each district each floor is for certain product, truth be told, Yiwu market is well organized market for worldwide buyers come to do business easily.
Yiwu market, the largest wholesale market in the world. China Yiwu market, also known as Yiwu wholesale market or Yiwu market. As mentioned above, there are over 80,000 suppliers in China Yiwu market, which makes Yiwu market the biggest commodity market in the world.
On the other hand, China Yiwu market covers an area of 4 million square meters, exhibits 400,000 kinds of products. These products come from around 40 industries and include 2,000 different categories of goods.
Until now, we believe that the vital question “how to import from Yiwu” has been answered in full scale for a lot of wholesale buyers who wanna come to the Yiwu market for import and sourcing.