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How to Use Alibaba RFQ Correctly, to Let Good Suppliers Find You in 1 Hour? - YouTube
Channel: Jingsourcing
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it is very easy to find suppliers on
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Alibaba you're just typing the product
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keywords and click the search button but
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you need to find in the right supplier
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and contacts on one by one and sometimes
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you cannot get answers in even one or
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two days so is there any better way that
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you can get a fast quote for on good
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suppliers in 30 minutes you definitely
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need to use RFQ and in this video I will
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show you how it works and how to use it
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to get the best supplier to contact you
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I'm doing the pending sourcing leading
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China sourcing company since 2015 we
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helped thousands of people source
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quality products from China and I will
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show you all my knowledge about sourcing
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manufacturing and importing in my videos
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so subscribe now and you won't miss the
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next coming video so in today's video
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there are three sections talk about this
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Alibaba ifq topic in section 1 you will
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learn what is I've q why use it and how
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it works in section 2 you will learn how
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to write a good I've cue and I will show
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you a very practical live Q template in
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these section 3 I will talk about how to
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identify the best supplier among all the
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RFQ replies and let's get it right now
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RFQ is short for request for quotation
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and that's a buying request submitted by
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a buyer and open for supplier for
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bidding that is you only need to give
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the product information to Alibaba and
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they will help you send your inquiry to
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suppliers who has higher possibility to
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match your requirements and then this
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supplier will give you their quotation
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compare with you go to Alibaba search
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supplier directly and send inquiry to
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supplier one by one and wait one or two
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days to getting all their replies using
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Alibaba live queue is much more
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efficiently because you can get in touch
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with around 10 good suppliers in just 2
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or 3 hours if you are not a satisfied
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with the result you can click the post I
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view again and again to get more
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supplies to reach out to you here is a
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very interesting thing hell does Alibaba
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supplier find you and get you I've queue
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inquiry will Alibaba automatically send
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your inquiry to every single supplier
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who has similar products of course not
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every day they will search new rfqs by
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searching their product keywords just
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like how you find them and this is the
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place where suppliers find your RFQ and
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then they will choose those inquiries
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that match their business to reply and
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then the quality ssin so before you
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submit the RFQ it's very important to
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write a correct product keywords and
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also a good RFQ details however every
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supplier can only reply wrong sorry our
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queue is per month otherwise they need
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to pay more money for replying moive
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queue so a lot of good suppliers will
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only choose those most serious buyers
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choose those rfqs that match their
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business will and that's why you need to
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write all the product specifications and
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your requirements when you are editing
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the RFQ except for finding supplies
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efficiently there are also three
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situations which are very suitable for
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using RFQ situation one it's very
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suitable for doing product research
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especially when you're doing the Amazon
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FBA business you can learn very quick
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about how much this product will cost
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for making in China and ship it to
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Amazon and then you can figure out if
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it's
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profitable product situation too it's
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very suitable when you want to find
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suppliers for exactly the same products
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for example this essential oil diffuser
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by using RFQ you can let a supplier who
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has the same design to reach out to you
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first otherwise you have to search the
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product keywords and check every single
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page of the search result to find the
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exactly same design it's just like
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finding a needle in the ocean situations
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3 it's great to use I've queue when you
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want to customize products or develop a
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brand new product because it's very hard
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to find the right supplier that willing
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to help you develop products just by the
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product search and it awaits you tons of
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time because most of Alibaba suppliers
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they like sale existing products instead
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of developing new products unless you're
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purchasing quantity is very large so in
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this case using I've queue can let the
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right supplier to find you
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in this section I will show you how to
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use FQ you can access the RFQ page by
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click the user icon and click Submit RFQ
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button or you can access the page just
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by typing in the URL RFQ alibaba.com a
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lot of people like to use the product
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search to find supplier first and of
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course you can also send our queue to
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more potential suppliers when you are
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sending inquired to a supplier in the
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product search if you like this design
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you can click contacts apply it at the
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same time if you want more suppliers
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except for getting reply from this
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supplier you can also select this option
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to access the RFQ page right after
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you're sending the inquiry
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thus you can let more diaper bag
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suppliers who has a same design to
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contact you no matter how you access the
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RFQ page this is the RFQ phone you need
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to fill out and I will also show you a
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very practical and very useful RFQ
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template here you need to type in the
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product name it will pop out some
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related keywords when you are typing and
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my suggestion is to keep the product
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name as simple as possible but contain
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the main elements it will be better to
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use this suggested product keywords
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instead of using very small niche or
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less known or less use the product
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keywords thus it will also easier for
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more suppliers who find your RFQ and
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then you need to choose which product
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category does your product belong to it
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can also help more suppliers who have
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similar product or who are in the same
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industry to find your RFQ then here you
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need to type in your estimated
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purchasing quantity I suggest you don't
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be too honest to tell the real
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purchasing quantity especially when you
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want to place a small quantity trail
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order because if you write it too small
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quantity it will add more good suppliers
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lose interest on your inquiry and you
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can see this low-quality rfqs which are
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sent around 20 days ago there's almost
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no supplier one to reply in this case my
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suggestion is to write a purchasing
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quantity that can reach most supplies
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and more queue I can tell you that for
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consumer products most suppliers they
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will have a mochi
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one sells into two thousand US dollars
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for example if the product you want to
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buy is run four dollars for the
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wholesale price then you can write the
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purchasing quantity around five hundred
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Union and when the supply reach out to
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you then you can stop in negotiate with
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the supplier for lower quantity and in
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the future I will also record a new
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video about how to negotiate lower mo
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kio with supplier so subscribe now then
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you won't miss it then here is the most
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important part you need to describe your
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requirement and product specifications
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as detailed as possible it's kind of
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like the resume when you were looking
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for a job the more serious you write the
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easier you can have more reliable
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suppliers to contact you and here I have
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a very good idea template to share with
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you so in the first paragraph you can
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introduce yourself introduce your
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business background and it will also
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have higher chance to get contacted by
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suppliers who might match your business
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well for example if you are selling
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Amazon and if the supplier also supplied
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a lot of EMA seller before they are more
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willing to help you put the event SKU
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stickers for free and they will also
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provide all kinds of compliance
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certification that amazon needs they
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will also come way to tell you that how
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many MSL declined they have the product
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is very good quality and have very few
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bad reviews and this is a very typical
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example of good supplier
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the second element you need to ride is
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the purchasing quantity and your
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purchasing plans as I mentioned before
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you don't really need to tell the real
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purchasing quantity you want to buy and
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you can write it a little bit higher
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than that and you can also tell them
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that you have the potential to buy the
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product in long term instead of one time
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business and they will be more likely to
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give you a good price in elements three
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you can write more extra requirements to
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connect with more suitable suppliers and
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get a precise quote for example you can
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write your requirements on how to make
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the customized packages to leave out
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those suppliers who cannot offer the
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customizing package service in element 4
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you can ask for the shipping cost if you
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indicate to the supplier that you have
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your own point for order it demonstrated
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that your professional buyer changes our
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supplier will not rip you off on the
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shipping fee if you want to the supplier
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renders shipping all the way from China
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to your address in your country
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including the import process custom
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clearance then you need to give him a
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detailed address then he can help you
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calculate a accurate shipping cost if
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you have a preferred price you can
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unfold the other requirements area and
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write it here I don't suggest you write
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it unless you have a very very
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competitive price requirement that over
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95% supplies cannot make it if you don't
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want too many suppliers know your email
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or phone numbers you can cancel share
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the business card with a supplier
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especially when you want to submit a lot
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of RFQ otherwise your email and what to
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have inbox will be full of promoting
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emails from them
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just about five minutes after I submit
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this RQ inquiry I already have to
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received two supplies quote and around
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two hours later I have called around ten
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supplies in total so now you can go to
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my Alibaba page and click buying leads
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and then click my I've queue tab and it
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has organized all the RFQ you send out
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and all the RFQ calls you received click
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the quotations then you can see the
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quotation details sent by every supplier
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click contact now then you can start
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chatting with this supplier here you the
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thing the product I used for this IPO
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example it has a lot of supplier so I
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can get 10 supplies to reply in around
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two hours but for a lot of small niche
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products it will take much longer and
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sometimes it will take a whole day after
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you're getting all supplies quotation
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this is the last step that you need to
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evaluate each suppliers and identify the
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best I strongly recommend you to watch
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my last video and you can click link
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here or link in the description and you
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will learn a five-step strategy to
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identify and choose the best supplier
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like an expert and I promise you that it
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will be the most comprehensive guide for
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how to choose a good supplier in Alibaba
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thank you for watching this video I hope
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you can learn a lot of fun yet and just
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remember RFQ is not a magic one to help
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you get best supply it passively you
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always need to keep learning keep
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practice to find the best supplier and
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build a good and long term relationship
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with them and that's why you need to
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subscribe to my channel and learn the
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most practical China important skills
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here if you have any question something
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not clear or something that you want to
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learn more leave your comment below I
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will reply or create a new video to help
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you understand it better and I will see
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you in next video
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