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China's Commodity City in Yiwu and it's opportunities

Updated on September 21, 2015

When you have a business, regardless of the goods you are trying to sell, you are always on a lookout for methods that will help you grow and become more successful. China can offer you a great market for sourcing goods, as here you will find everything you need at the best prices. Still, there is one particular place in China that is even more sought after when it comes to developing business. The Yiwu market, also known as China Commodity City or for shot CCC, which is an impressive wholesale market in the city of Yiwu. You will need to dedicate some special time just for exploring the market, as it has an impressive dimension and number of goods displayed.

To get an idea of what you can find here, there are products coming from 40 different industries, being more than 2,000 categories of goods. Thus, it will be very hard not to find what you need here. Having 62,000 booths available, which all offer more than 400,000 every day, an exception being during the Chinese Spring Festival, it will make you feel like walking into the right place. The first impression may be overwhelming. But taking it systematically, you will soon enjoy exploring the Yiwu market and the incredible diversity of goods you find here. It will be easier to take the market by its districts. It has 5 different districts, each focusing on particular types of products. Thus, you will know where to head your attention and lose less time.

Now you may know why this area can be a launching ramp for your business. You either invest in a small headquarter near Yiwu, or you can purchase and directly ship the goods wherever you need. Make an analysis and decide which option will be best for you. And do not worry about the price of the goods, because you won’t find any better ones. Consider that these goods come straight from the producers, being sold at extremely affordable prices. And in case you need a bulk order, do try to negotiate the price. The Chinese people have the trade in their blood, so they would appreciate a bit of negotiation and the opportunity to close a good deal.

China is famous for producing large quantities of goods of all kinds and at unbeatable prices. The secret to having a successful business is purchasing goods at the best price possible, sell it on a market where there is demand and make a profit by adding up the costs and something for you. And the small commodity goods you can find in Yiwu will allow you to add quite a consistent profit to your business, due to the extensive availability and very low prices. Very many business owners already discovered this oasis of goods and are supplying their business from here. Choose to do the same smart move, and your business will only have to win.

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