If you spend little time on a purchase, you will spend more time selling; if you spend more time on a purchase, you will spend less time selling. Let us make it simple, if you make the best adult toys wholesale order, your adult sex toys business will be easier and more profitable. Blue Rabbit has hundreds of overseas clients; let us share some valuable experiences to help you make the best adult toys wholesale order from China. We will talk about it in three parts: purchase costs, import safety, and sustainable sale support from your supplier.
1.Purchase Cost( price, shipping cost, tax, transaction cost)
2. Import Safety: product quality, delivery time, shipment safety, and order disputes.
3. Sales Support: Pre-sales Support, After-sales Support, Financial Support
1. Purchase Cost( price, shipping cost, tax, transaction cost)
Most clients focus on the product’s price. Yes, it is important, but when you finish all the processes of adult toy wholesale purchase, you will find out the cost is everywhere. Sometimes, the shipping cost is higher than the product. So let’s optimize each cost in the process.
a. Adult Products Pricing
The prices from different suppliers do not show a big difference because the market has been in a whole competition, and sex toys are not a new thing anymore. You can compare prices with some suppliers; the hot-selling adult toys have almost the same price, but some new arrivals may make a slight difference.
So, how to get a lower price than average?
- Adjustment of the order quantity, if possible, “bigger quantity, better price” is the rule of Chinese suppliers. For adult toys, 50-100 pieces is apparently a lower price than 3-50 pieces, with an almost 10% lower rate.
- Some suppliers have market promotions to attract customers. If you can find products that suit your plan, you may be eligible for a discount.
- With long-term cooperation with your supplier, you can get fast price updates and discount information.
b. Shipping Cost
There is a lot of work you can do on it. The price is a big difference. Most of the shipment will be undertaken by the shipping agent. Every shipping agent has an advantage in the shipping line. The easiest way is to find the advantage shipping agent according to your shipment plan.
For example, the Shipping agent’s main managing Line is FedEx Express. Because of their mass shipments by FedEx, they can get 70% off the official price. And Shipping agent B mainly managing line is the DHL Express, fewer shipments with FedEx than A, so FedEx only can give them 60% off the official price.
By air or by sea?
Normally, the sea shipping cost is 1/3 of the air shipping cost. So, if your business plan is good and no rush. By sea, you will help you save a lot. Mostly big clients prefer the sea shipping way. Then they will have more profit and a price advantage over their shipping by air. The most important thing to remember before deciding is that you need a good business plan.
Perhaps you are not a professional in the shipping process. Blue Rabbit is an experienced business partner, and we have dozens of cooperating shipping agents who are the best we have worked with. We will help you get the best shipping solutions. We just try to help our clients and won’t make pennies on the cost of shipping.
c. Tax Duty
Every imported good is taxed at the time of customs clearance. Each country has a different tax policy. What can we do about it? In fact, there are two ways to reduce it.
- We can opt for the tax-inclusive shipping method (DDP). With this shipping method, your goods will be cleared in full containers. The shipping agent pays the tax instead of you. They have more experience in this area than you do. The tax will be much lower than what you should pay.
- Nowadays, some of the major B2B E-commerce platforms, such as Alibaba and Made-in-China, charge VAT or other taxes in advance to countries like the US and EU. These taxes were not charged before. If we can deal directly with the adult sex toys suppliers, we can handle the VAT flexibly ourselves.
d. Bank Fees & Commission
We investigated the bank charges from our cooperative client. She paid more than 10% of the order amount as bank charges. This is too heavy and unacceptable for the business.
We aim to reduce the intermediate cost of the transaction, which will give us a greater advantage over our competitors.
Bank charges rates as follows:
- T/T (Telegraphic Transfer): 15-50 USD per transaction (for different countries and banks), you will be charged 20 USD, regardless of the amount paid, whether it is 1000 USD, 10000 USD, or 100000 USD. It is very economical for payments above 1000USD.
- PayPal: 3.5% of the order amount for small payments.
- Credit Cards: 3-8% of the order amount, depending on the issuing bank of the credit card.
- Alibaba Platform: 2.2% of the order amount. This fee is not charged by the buyer, but also by the supplier. But it is the same. It is also a transaction cost.
As an experienced buyer, it is clear that T/T is the most reliable method of payment.
For some newcomers, maybe they worry about the security of T/T payment, which is reasonable but not necessary. In China, every trader who cheats will be punished and have their business licence revoked. Blue Rabbit has been a well-managed brand for many years. We strive to help our clients and never cheat any of them.
2. Import Safety: product quality, delivery time, shipment safety, and order disputes.
a. Product Quality
High-quality adult toys may not immediately benefit your business or brand, but low-quality products can quickly damage it.
- The well-known sex toy brands have a guarantee of quality, but the prices are always high. And they pride themselves on new clients and small businesses.
- You can review the historical feedback data of suppliers on major e-commerce platforms, such as Alibaba. But, for example, Alibaba. But don’t trust it completely, there might be some fake feedback.
- sample orders for quality testing. From the sample orders, you can get an overview the supplier is doing and how good the product is.
You can also work with Blue Rabbit, which focuses on the adult toys industry. All the partner manufacturers and factories are long-time tested. You commit to quality with every sex toy from Blue Rabbit.
b. Delivery Time
For some clients, we have a very tight business plan, and we have planned every step. Perhaps they have sales on some special holidays, such as Valentine’s Day.
So, how do you ensure that delivery times are secure? Delivery times include production lead times and goods transit times.
- A special contract is signed with the supplier or vendor. And this contract includes a delivery time component. Your wholesale orders will be taken seriously by them.
- If you are traveling by air and using a major global express company like DHL, FedEx, or UPS, your arrival time can be somewhat predictable. If by sea, using Matson, Star shipping company. Fastest shipping time by sea.
c. Shipment Safety
International shipments will take a long time to arrive. And will be transported through several transit points. When you receive it, you will find the outer boxes will be stuck with many labels from many shipping companies.
So, well-packing can protect your adult toys wholesale order very well.
To avoid the damage of the shipping process. We have some ways to do it.
- Outer Box(5 layers)
- Inner Box foam protection
- Outer Box corner protection
- Outer Box woven protection
d. Order Disputes
When you receive the wholesale order and you find it doesn’t match the agreement, then you contact your adult toys supplier. If there is good communication between the two parties, nothing will happen. If the communication is poor, both parties insist that it is not their fault. A dispute of the order will then arise. 1. Collect the proof. Pictures or videos are better than words. 2. Refund or other replacement. A dispute is not a bad thing, it can be a real test your supplier of your supplier’s accountability and trust. A reliable adult toy vendor does not shy away from problems and consistently positively addresses them.
3. Sales Support: Pre-sales Support, After-sales Support, Financial Support
a. Pre-sales Support
Now, many new clients are starting their adult sex toys business from an online sex shop. However, to set up an online store, they need to include beautiful pictures and accurate product descriptions. However, mass variety sex toys have so many pictures that you will spend a lot of time sorting them out, and maybe still not get good results. Blue Rabbit can provide you with all the materials you need to build an online adult business, High-resolution pictures (Renderings, Physical pictures, Factory Production Pictures), and videos for social media. Accurate descriptions…
b. After-sales Support
When you make the plan for your next bulk sex toys order, you want to do the Market Analysis and investigation, you try to find the best Potential products in the future market. A good supplier will provide the data you want to check out. When you resell adult toys to your customers, you may receive some feedback that you’re unsure how to address, such as questions about functions or quality issues. We will help you work it out together. Blue Rabbit team always keeps the same passion with you.
c. Financial Support
Most imported adult toy orders from China will be paid in full in advance because the average amount of the order is not big. Some larger orders will require a 30% deposit, with the balance due upon completion of the order. How can you get more financial support from your supplier?
1. You have good business habits, maybe you are newer in the market, but you must be serious about business in the cooperation
2. You are focused on the adult sex toys business. You or your company is working on it.
3. You are growing, or you have big potential in the adult market.
4. Your good business habits will lead to good business credit and a strong cooperation record.
For example, Blue Rabbit will Assess client strength and credit every year, some regular clients above two years with good credit records, Blue Rabbit will offer clients 3-6 months billing period. To ease the cash pressure on some clients. Or other financial support ways to help clients grow fast.
Conclusion
Wholesale sex toys from China have a lot of details we can do. Making the perfect purchase order will keep your costs lower than your competitors. You can have more selling price options, and enough profit to manage your adult toys brand well. Blue Rabbit team aims to serve and help grow your sex toys business, so let’s work together.