Sourcebay is a new sourcing and logistics solution; providing UK retailers with quality products from China, at the very best prices – no risk, no hassle and up to 40% savings. We asked Sourcebay to tell us more about their service and how they can help retailers source product from China. This is what they had to say:
The UK ecommerce market is growing at a very fast rate. With more online traders than ever before, there is a lot of pressure placed on businesses to differentiate themselves from the rest of the market, offer goods at competitive prices, ensure the quality is always right and provide excellent customer service. Big players have always had an advantage, being able to source directly from the Chinese factories on mass. However, for the smaller businesses, it is often a complicated, stressful and risky process. It can be extremely difficult to order the correct quantities, control the quality, and successfully get everything through UK customs when you have no physical presence or expertise in the area.
What does Sourcebay do?
Sourcebay say that they provide the perfect solution for direct sourcing with its all-in-one resolution. It was created to solve challenges, cut out the costly middleman and become the reputable sourcing partner for UK sellers wanting to source directly from China. The founders of Sourcebay have been sourcing from China for a combined total of over 100 years, and they truly understand the pain-points faced by many SMEs and are dedicated in helping to remove these from the buying process.
How does Sourcebay work?
The process couldn’t be easier. Online sellers send their specification and requirements to the sourcing team who use their trusted network of over 70,000 qualified providers to find the product/s, at the best possible price. A unique quotation is then prepared and sent back to the customer within 24hours, which details the product description, pricing and delivery information. The order can be revised or discussed and, once ready, it is then secured by paying a 30% deposit. The Sourcebay team literally do the rest: from quality control; branding; packing; import procedures; warehouse management and consolidated low-cost shipping – it is all taken care of and in good hands.
Why is Sourcebay different?
There are many unique advantages to using Sourcebay, which make it hard to compare it to anything else on the market. Sourcebay is a multicultural and multinational company with 30+ experienced staff across the UK, China and Australia – each playing an important role in the sourcing and fulfilment journey of every order. The sourcing team are strategically located in the heart of the world’s largest wholesale marketplace, YiWu, with direct access to over 1.5 million products, there’s no limit to what can be sourced.
Another advantage of using Sourcebay is their payment structure. Many SMEs face significant difficulties when it comes to cash flow, but Sourcebay recognises that and reduces the amount of upfront costs so that customers only pay the final balance once the goods have arrived safely in the UK and all payments are made in Sterling.
Delivery costs to the UK can be extremely expensive and the importing process can all be a bit of a headache for small business owners. However with Sourcebay’s Shared Logistics service, various orders are consolidated in to one shipment, allowing customers to take full advantage of wholesale freight costs and only pay for the space that they use. Every part of the import and customs procedure is dealt with before the order arrives with the customer, including a visual quality inspection of the goods.
Finally, standing out from the competition is made easy with Sourcebay’s value-added professional services: including professional images; product certifications; custom branding and product pre-packing.
Find out more
Sourcing online with Sourcebay could lower your costs, save you time and increase your margins. If you are interested in finding out more, or, if you have a product that you want sourced from China, visit sourcebay.co.uk or contact Sourcebay directly on 01925 552730.
