Product Sourcing in Turkey! - Week in the life of a Business Owner
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- čas přidán 23. 07. 2024
- On the road product sourcing in Turkey for our business. Taking you behind the scenes in a week in the life of a business owner vlog sharing everything that goes into finding, negiotiting and sourcing products for our importing business.
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#business #weekinmylife #entrepreneur
Finally a channel about real businesses!! I was so tired of online business videos and how to make money with bs. Thank you!
ditto
As a Turkish exporter I can say that Turkey is a huge potential for EU and even whole world as its at the center and amazingly flexiable and reliable but customers should know what they want very well and work with educated people as much as possible. Sometimes prices slightly can be higher than asia but fast production flexiablity, shipment time and low advance payments can save a lot for importers. After few years you cannot catch this opportunities as Turkey getting popular as a manufactiring country.
Hey Kubra, you mentioned being an exporter. I was wondering if you know how i can find a wholesaler for the blue bouncy thing on the 13minute 10second of the video? Thanks
Akillarini kullansalar Turkiye dunyanin en muhtesem ulkesi olurdu, Cografi olarak cennet, ncak ulkeyi cehennme cevirmisler.
@@manifestingsolutions2274 hello, sir. If you don't mind we are a trading company in China, we can help you find this blue bouncy thing.
I will take 1 million
@@jiolopmiokop7820 morning, sir. Do you mean you want to import those little things?
In person business relations is far better than over zoom, thank you for this gold James
Areas in Istanbul for bulk buy 1. Merter - textiles 2. Zeytinburno - Leather 3. Beyazit - Big Bazaar multiple goods where you can haggle too many places to list but the above will get you going...bonus you can go and come back in the same day once you know where you going heads up traffic is very heavy in Istanbul
Hi, would you by any chance know where i can find the blue thing on the video at the 13minute mark? Thanks
Hey mate, do you know where I could buy a prefabricated swimming pool from turkey and ship it to Australia?
@@djfasidjecks4815 I think I can help you with this
Factories in Turkey may be close to factories in Europe for workers in terms of quality standards, but there are 2 big problems. Firstly, their counterparts in Europe have shorter daily working hours. Secondly, the money they earn is not enough to maintain their daily lives because they receive very low salaries. If you are looking for versions with the same standards and quality in smaller scales from high quality factories in Europe, Turkey is the ideal place. Because the business and trade laws in Turkey are compatible with EU laws and Turkey is one of the "customs union" member countries in the European Union, you can take tariff advantages if you are a member of the European Union by making agreements. In addition, Turkey is geographically a neighbor of Europe and logistics can be provided much cheaper. If you have a company that has an investment in a European country and you want to expand your business while maintaining its standards, Turkey is also a suitable place to invest. Maybe you can establish cheaper production factories in Asian countries, but it takes a lot of time to catch up with the production standards you made in Europe in India and you have to invest in large scales. In Turkey, if you want to increase your production capacity by 10%, you can establish a facility in accordance with European Union standards in a very short time. You can adapt it to your working model to workers, factories and managers in a short time. Turkey also has many succesfull subcontracted companies, so instead of establishing your own factory, you can increase your production capacity by making contracts with these companies.
And how do you prevent getting scammed?
@@playstation9435 Visiting the compagny and looking at their history,
@@playstation9435 You can get scammed in any country. Do your research on that company first. Like this man, start with min orders first and go from there.
Confused opinion and information!
Beginning Part is wrong.
Probably Idea of someone who is not in Business but just informative Person
As an exporter and product-sourcing agent from Turkey. I'm saying Kudos to you for this informative video.
Wish all the traders a good luck.
Is there a community or group where traders share share beneficial information regarding products? Thanks in advance.
How to get in contact? Im turkish and live in Denmark, i have an import Company and needs products
@@hugoberzito2190 hey Mr. Hugo.
Kindly send us an email regarding your inquiry
sales@abubakarmall.com
well i think derzan its what you need for its like ali baba but in turkey you can find there high quality products @@hugoberzito2190
@@hugoberzito2190I'm an exporter in turkey
That`s what i call a REAL business-video, thanks!
Good to know the bears are in Turkey 🇹🇷
Now this is what I call fully transparent. Thank you. Much appreciated.
James Sinclair it’s great you go to the trouble of making CZcams videos , to help others and promote your business , love the enthusiasm !
always accept a cup of Turkish tea when offered during a meeting or transaction..
it makes you instantly likeable 😉
Dursun abi abartmışsin biraz
@@gc7304 yok canım! çay satışların artmasına destek oluyorum 😁
@@DursunX büyük çay şirketlerinin oyunu bunlar
This is so insightful, thank you for all the information!
Love this video and Turkey is proving very interesting as a supplier of goods. It's not as far and goods can be sent via road as opposed to seafreight.
Also, I totally agree with meeting suppliers face to face. Going to China really opened up doors that were previously closed because suppliers took you seriously. We negotiated better pricing and exclusivity agreements and of course could carry out vendor assessments at their factories.
Great vid James I'm absolutely loving this.
Love these videos, real insight and wisdom throughout. Fascinating
This is pure gold, thank you for your effort !
Great Video!!! Thank You so much. Your videos have so much value. It's greatly appreciated
Always brilliant mate. Thanks
Great video, very insightful. Thanks for sharing.
Im moving to Turkey in few months. I had the same idea as you when i saw this video. Thank you for not letting my imagination not go to deaf ears some how. Usually, what i imagine is that people can't seem to be on the same frequency. But you're spot on point with my recent light bulb in my head. Thank you sincerely i wish you the best of luck. Wish the same for me. Because im moving back to Türkiyeee. Greetings currently from Newyork 🇺🇸
need more videos I'm addicted to them James. Love the vlog style content
Great video James! Love your enthusiasm for your business!
Thanks so much
Hey man.....impressive work, thanx for sharing your experience.
Grate video mate grate sound and a lot to learn thanks a lot buddy 👍🙏
Awesome video James, lots of great information!
That photo is quality. Love the parody-ness of this 😂
Good info & Advice. Thanks for sharing.
this was VERY inspiring!
James! Huge congratulations on the recent party retailer e-commerce business purchase - saw the article on Sky News. Will you be working on a video to walk us through that deal and what your plans are?! Very exciting!!
Please make another like this was very interesting and helpful. Especially to do with your turkey relations
Check out my video of me doing the same in India: it’s on the channel as a 2 part doc.
Hi James, I just stumbleD upon your channel, I thought I would share a couple of bits of info. I lived in Essex for nearly 50 years, regular trips to Southend obviously. I had no idea Rossi served hot food, I always thought it was 'just an ice cream place'. It's been a while since I have been past the place to be honest... I hope you are screaming ''We are a restaurant' outside the place now :-).
Secondly.
I spent years working in the zoo industry, including the now closed small park in South Woodham. They relied on volunteers. I suggest you create a volunteer co-ordinator position for your parks. Good volunteers will save you a fortune on your wage bill.
Best regards Marc :-)
Great video James! Local Wickford viewer
i really like this video you are such a kind and cool person
Great video James
Very informative thank you.
Thanks for your video. You have forgotten that some companies sell their products only to their agents in different countries and they dont sell to outsiders. How do you go about this problem?
I’d really like to know how your identify products?
Also where do you go to find manufacturers and suppliers?
Thanks for an open video with transparency.
Great work, anybody doing MBA must learn from you
This James guy is a bloody genius
Thank you for sharing your experience, would you please tell more about how to dispatch deposit ? What benefits we can get from it?
Good job. Many thanks.
What was the better option, the teddys or the sand balls ? 😁 do you relabeled it in UK or got a dealership ? How we can test a product in a budget ?
Enjoying your videos, I am a Northern Ireland local living in Kyiv. I hope to establish my new concept of coffee cafe and have been sourcing paper cups etc here and they appear to be very very competitive.
Well done mate. Thanks for the video. But it's just a major step to import goods from another country. There are few steps more before you got your profit. Importing, Customs taxes and paperwork, Delivery between port and your warehouse, finding the right customers to sell and get your payments before you paid :)
How do you find your customers in the UK? Is there a portal for connecting sellers and buyers or are you searching on Google?
Great video as always, love the content... Did you get heckled by a seagull at 16.28
Great vid enjoyed to see how u think
Excellent video 🔥🔥🔥
Nice cake in "la Lune" last week :-)
Very insightful
Thanks for the video James! I think for me, the only point that is holding me back is about the logistic from Turkey/China to me. I mean, do you use a Transit service or how do you do?
Just pleasure watch your videos and wish be you one day
Good luck for all
Whay is your SKU managemnt& What ERP system do you use for inventory management?
Hi James, thank you for the info. Was just wondering if you know any prefabricated swimming pools from turkey to Australia, Brisbane for my house? Thanks in advance
What about import export licensing? Import duty, tax, shipping costs, and how do you source these suppliers in the first place?
great infomative video im from turkey living in usa new york runung trading company and i own plastic molding injection company in turkey izmir
Doing business in turkey 🇹🇷 it worked out fine for me
Thank you for sharing this - Cool My next visit is to TURKEY not CHINA!!!
I can help you, if you are interested with products from Turkey
@@CK-dx6qt how?
@@Layya-m3 I am an experienced engineer with vast experience of manufacturing. I am working for top automotive companies in the world. Depending to your needs I can help you in many different ways. If you tell me what you need, I can start to explain how I can help you better.
Question: What method did you use to find and get to know these suppliers initially?
ps. amazing channel!
I would never of thought about Pins/Needles falling/Left in the teddies if I was buying teddies.
Some great content and information but how do you initially find these manufacturers when you’re starting from scratch?
Trade fairs databases, trade map, google ads and trade consulates of your own country can help. Also a trade representative in Turkey can provide you all the info you want.
Looks likes he's calmed down compared to last week... business is stressful...u need a balance .. always need to spend money to make money
Great video, how do you find these companys over there..whats the roadmap ? I wanna create a fashion brand..
I want to import stuff, how do you check quality against different manufacturers and what do you do if stock arrives not fit for purpose?
Hi, a reliable Turkish partner always helps. You can contact me if you are interested.
Did you have a translator while in turkey or do the people who you interact with speak english ? How do you find the factories?
Thanks bro
Nice business ideas
Hi James.
I am trying to get the calculation about cutting the costs of the ice cream pots from 35p in UK to 8.5p in turkey, as in Turkey it requires regular travel costs for visits (yourself as seen on video and the film maker and probably another staff member as well), plus shipping cost and other bits and pieces etc where in UK you don’t have those expenses.
Unless, the 8.5p per pot includes already all the side cost’s mentioned above, which is also unlikely as if yes the price per cup would be for free.
I might be wrong with my calculations and I really want to understand it.
Thanks
are there any Alibaba's specific to Turkey? looking to import/private label and bring to USA some products
Great video, and great timing for my new venture too. In terms of finding partners, factories and manufacturers in Turkey and the far east do you have any recommended sources that can help with this? Many thanks James.
It depends on the sector of activity you're in. Am doing a business also from Turkey to different countries in Africa,I do have contact of many factories but you should precise the sector of activity u are in. Then I can see if I can give you a carnet of address.
Hi Youssouf
I would be interested to know about suppliers or factory contacts in the textile industry
This guy is banging the stock out through his own businesses direct to individual customers. This is perfect, as it cuts out all the horrible people who want 90 days credit.
Remember you paid "money up front" to the factory.
Doesn't mean he charges less for it, just that his margin is higher
Is such a business possible for a new stater? What sales plattform is the most suitable in UK?
understanding the requirement and finding right product at right prices is one things, but what do you do once you have identified that ? what the about supply chain after you got the products in your warehouse ? there are so many varieties of product / industry that your into, every product will have a different supply chain. plz share your thoughts
I'm from Canada 🇨🇦🇨🇦
Ever since I met Mrs Sophia I'm now living big life she's the best
Wow I' m just shock someone mentioned expert Sophia I thought I'm the only one trading with her
She helped me recover what I lost trying to trade my self
I invested £5000 pounds I I received £54,000 thousand pounds within 7 days working
How can I get in touch with Mrs Sophia
I'm interested guys
Her details pls
Hi Sir James, would you mind giving the names of the factories you have visited in this video? Thanks a lot!
I live close to Turkey and I also speak Turkish. People get to the Balkans from Turkey pretty much everything, is there any new stuff coming from Turkey that is inovative?
Learned few good things
Hello, I've recently subscribed, could I make a request for more technical videos, more specifically, can I please see a working explanation of landed costs, as well decision making on products to import, thanks!😊
James, really would love a run down on how the industrial estate is doing, did you build the additional units? I imagine is bringing in 150k a year there? This side of your business is what really interests me but theres zero content on industrial property on youtube
I have made some videos on commercial property, if you look through the channel you’ll find them.
@@JamesSinclairEntrepreneur im getting there 👌
Any factories in Turkey for food packages that can be shared here?
I’m Turkish believe me in Turkiye very clean and safe the factory job I know and see
ISTOC is one of the center of trade in Istanbul
How do you source the factories? Im looking for glass jam jars which are now too expensive in the uk. Thanks
Get an agent.
How many would you like to supply?
@@JamesSinclairEntrepreneurDid you just recommend getting a middle man (agent?).
think i would have had them run a needle test on the spot. make sure there system is working.
And How is the logistics for small minimum orders to the UK
James, where do you sell products like that? These aren't the classic amazon or online shop products. I stumbled upon your channel, the algo I guess favorit you, so I subscribed. I hope to learn more :-),
I sell Wholsale to craft shops, attractions and to my own sites
@@JamesSinclairEntrepreneur Ah, okay! Nicely done. It's so weird that we're sourcing everything from China, even though I'm originally from Turkey. 😂 Well done, and hats off to you!
This video has been useful to me ,
Please what is the the tax rate for imported goods.
From Turkey or China or India
Hi James
How do you locate factory's in turkey for the product I want to sell.
Thanks
I can help you if you are interested with finding suppliers, factories or products from Turkey. What kind of products are you interested in?
Very useful James. Do you use the DTI at all to find suppliers?
Would you mind to explain DTI?
@@matteroffact4803 department of trade and industry. They help people importing and exporting.
15:57 what does he mean when he says "you've got to give your customers credit"?
It's better without the music! It's harder to hear you!
Could hear you perfectly
You’re somewhere else man, the music was a great addition!
@@TalkTraks music just disturbing
I want to hear him not the music
@@Pajtim2023 this is not a music video
What do you receive when you get these products? Are you simply a middleman sourcing products to sell immediately or are you receiving just the product itself and still need to do packaging, branding etc?
Design your packaging yourself / in-house and send the files to the factory to print and package in your custom packaging. MOQ will be higher usually.
l would worry, that l go to say Turkey, place a big order, pay for it, and it never arrives back in UK ? How could l be sure ?
Find as much factories as you want to import you need to pay upfront... I work with Chinese electronics factories for a decade now..
I wish you give details on paper products.
Better quality, faster delivery, easier access with competitive pricing points. Try your strategy with Turkish manufacturing partners.
turkey is a fantastic market to source from. the labour is cheap and cost of production is fairly low
Hey James,
I m very curious of the blue playthough looking thing that also bounces at the minute 13.10 in your video. Could you please let me know what it is called and is it possible to get the contact details of the supplier in turkey? Thank you 🙏
İSTANBUL/Tahtakale-İstoç
I'm looking specifically for a business coach to help grow my online business, doing just under £1m in sales, but looking to take it past that figure. Think your Business Masterclass will help, or should I look for an eCommerce Business Coach?
I’m not a coach, so I couldn’t help there, business Masterclass is a 2 day seminar; it’s also only a few hundred pounds.
I can help you, if you are interested with products from Turkey
@@CK-dx6qt contact me
i was wondering this, as a dual national that lives in turkey and can speak turkish, i had no idea where to find the warehouses. It's so friken busy and i wanted to avoid the middlemend.
also if you need any dual national to work with, i would love to do something. I can potentially open up Australia as well as an option for distribution.
Please hit me up if interested in even talking @James Sinclair
I can help you to find a warehouse in Turkey. I don't want money or something else.
👍👍
how do you deal with turkish inflation that is skyrocketing? like prices changing every week
Stop listening what mainstream media says about Turkish economy otherwise you will end up brainwashed