Tuesday, May 7, 2013

China Wholesale Toys

Very few of us haven’t owned a toy or given a toy to our child that was made in China. Businesses around the world source their toys from China wholesalers to help maximize their profits. In today’s guide we shall look at China wholesale toys in more detail.

China’s Toy Industry
China is the world’s largest toy manufacturer and exporter in the world. There are currently over 8,000 toy manufacturers and wholesalers and 30,000 different kinds of toys being produced in China every single year.
In 2005 alone China exported US$15.8 billion worth of toys, which accounts for over 70 percent of the global toy market.
In the past China wholesalers had quite a bad reputation for exporting poor quality toys, but much has changed in the past decade or so. Many multinational companies have invested a lot of money into the Chinese toy industry and as such, the quality of factories and toys has increased significantly.
The majority of China wholesalers are based in the province of Guangdong, with over 60 percent of the share of toymakers in the country.

Safety Precautions for China Wholesale Toys
As we touched on before, the safety of China wholesale toys has come under fire in previous years. You should always be cautious when buying toys either from a China wholesaler or from anywhere else.
Since 2007, new laws have come in to help regulate the safety of toys being exported by China wholesalers. All China wholesalers that sell toys must apply for a China Compulsory Certification (CCC) from the CNCA. All of their toys must be certified by one of three certification agencies. Toys cannot leave the factories or be sold by China wholesalers without having the CCC.
Despite this, always look over toys when you receive them from your China wholesaler to check they meet the standards both you and your customers would expect from a child’s toy.

Cost Benefit of China Wholesale Toys
The main reason why over 70 percent of the world’s toys originated from a China wholesaler is the cost.
The cost of materials, labor and manufacturing of toys in China is much lower than in many other countries – and these savings can be passed on to their customers and keep them at the forefront of the toy industry.
With such huge demand for their toys, factories are able to mass produce toys to a point that other countries cannot. This ability to mass produce cuts down manufacturing costs and keeps their prices low. China wholesalers also offer much lower prices on their products to customers that buy in bulk.

Is it Safe to buy China Wholesale Toys Online?
It is very easy to buy China wholesale toys online and it is the best place to get access to a mass of information.
It is also generally very safe to buy toys from China wholesalers online – as long as you act with caution. There are thousands of trustworthy, reputable China wholesalers online that you will have no issues dealing with. However, there are also many scam websites out there.
Generally, scam websites are very easy to spot. If they are offering too-good-to-be-true prices, do not give a phone number or physical address, or offer untraceable payment options such as Western Union, then chances are they are a scammer.
Always research any China wholesaler before buying your toys. If they list a phone number, call that number to check if it is real. Also check that their business is registered with the BIC. If you are concerned about the quality of the toys you want to buy then request a sample product. You will usually have to pay at minimum for the postage, but it is certainly worthwhile if you plan on buying in bulk.

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