Learn all about China NNN agreements… Should you protect your product? | Ep.38

In this episode, we will address the usefulness of an NNN agreement and cover in detail the good, bad, ugly, and realistic.

We will discuss whether you are being responsible for your expectations and intentions behind the NNN agreement, down to the difference between an NNN agreement and an NDA agreement.

In this episode we cover:

• How existing relationships can go bad
• The importance of speed of action
• Using WeChat effectively to nurture relationships with your suppliers
• How to get your customers on your side when things go south!

🎦  Watch it on Youtube. | https://youtu.be/7FTKWHeS7Hk

Need help sourcing products or developing products in China?  ☎️  Schedule your FREE Call! 

👋  Visit us at www.GlobalTQM.com

 📧  Email us at support@globaltqm.com

Cheers,

David Hoffmann

CEO, GlobalTQM

➣ Apple Podcast | https://go.globaltqm.com/Apple-GTQM-Podcast

➣ Google Podcast | https://go.globaltqm.com/Google-GTQM-Podcast

➣ Spotify Podcast | https://go.globaltqm.com/Spotify-GTQM-Podcast

 📘 Just starting out in e-commerce? Download our FREE guide.

Want to know more about our comprehensive China Sourcing services? Visit our website.

Need advice on a China Sourcing problem or recommendations on which services you need? Schedule a FREE call.

Want to fast-track your success with coaching or mentoring from a China Sourcing expert? Book your session today. 

See David featured in...

➤ USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”

➤ Business Insiders David Hoffmann with Gary Vaynerchuk and other successful leaders on how to respond when employees royally mess up. 

➤  CNBC Made It, alongside titans like Shark Tank's Barbara Corcoran and Serial Entrepreneur Gary Vaynerchuk

Even with my experience, my supplier duped me... [Podcast ep.037]

This episode is packed with useful advice on getting to the bottom of production delays, using WeChat effectively to communicate with suppliers, and is a real story from the ground in China. We deal with problems, how they get resolved, and key takeaways.

In this episode we cover;

• How existing relationships can go bad
• The importance of speed of action
• Using WeChat effectively to nurture relationships with your suppliers
• How to get your customers on your side when things go south!

🎦  Watch it on Youtube. | https://youtu.be/69tPuqvaOc4

Need help sourcing products or developing products in China? Schedule your FREE Call! 

Visit us at www.GlobalTQM.com

Cheers,

David Hoffmann

CEO, GlobalTQM

➣ Apple Podcast | https://go.globaltqm.com/Apple-GTQM-Podcast

➣ Google Podcast | https://go.globaltqm.com/Google-GTQM-Podcast

➣ Spotify Podcast | https://go.globaltqm.com/Spotify-GTQM-Podcast

Just starting out in e-commerce? Download our FREE guide.

Want to know more about our comprehensive China Sourcing services? Visit our website.

Need advice on a China Sourcing problem or recommendations on which services you need? Schedule a FREE call.

Want to fast-track your success with coaching or mentoring from a China Sourcing expert? Book your session today. 

See David featured in...

USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”

The ultimate product research and validation.  

I never thought it possible to sell without inventory.

I was educated by a good friend of mine, Reid from braag.co. So naturally, I couldn’t wait to share this with you. 

I highly recommend you listen/watch this episode for a number of reasons, as we get into; 

✅ Validating your efforts way before you commit! 

✅ Selling products before you commit to inventory. 

✅ What it takes for a successful campaign. 

✅ Exactly why you probably WANT TO FAIL in a campaign.

✅ Why have I completely changed my views on crowdfunding? 

✅ Who can run these campaigns?

We even included a Youtube video so you can watch this here: https://youtu.be/qMQ-suzpvfg

🚨 To know more about our exclusive webinar check out our website 🚨  

https://bit.ly/3jy0tYt

To learn more about Reid's projects, visit http://braag.co/.

I hope you enjoy it!

Let us know if you have any questions. 

Need help sourcing products or developing products in China? Schedule your FREE Call! 

Cheers,

David Hoffmann

CEO, GlobalTQM

➣ Apple Podcast | https://go.globaltqm.com/Apple-GTQM-Podcast

➣ Google Podcast | https://go.globaltqm.com/Google-GTQM-Podcast

➣ Spotify Podcast | https://go.globaltqm.com/Spotify-GTQM-Podcast

Just starting out in e-commerce? Download our FREE guide.

Want to know more about our comprehensive China Sourcing services? Visit our website.

Need advice on a China Sourcing problem or recommendations on which services you need? Schedule a FREE call.

Want to fast-track your success with coaching or mentoring from a China Sourcing expert? Book your session today. 

See David featured in...

USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”

Have you ever had this feeling that your supplier is getting slower at responding?

Well, this week, I did an online presentation discussing the different scenarios why your supplier might be slower at getting back to you, and how you might be able to fix that!

We even included a slideshow so you can watch this on YouTube. [click here to watch]

This episode will also cover:

• How your supplier might be seeing this situation differently, and if your questions are making your suppliers doubt you?
• When is the right time to pull the plug on your suppliers?
• What can we do to help us and our suppliers understand each other better?

You can also  watch it on YouTube here

I hope you enjoy it!

Let us know if you have any questions. 

Need help sourcing products or developing products in China? Schedule your FREE Call! 

Cheers,

David Hoffmann

CEO, GlobalTQM

➣ Apple Podcast | https://go.globaltqm.com/Apple-GTQM-Podcast

➣ Google Podcast | https://go.globaltqm.com/Google-GTQM-Podcast

➣ Spotify Podcast | https://go.globaltqm.com/Spotify-GTQM-Podcast

Just starting out in e-commerce? Download our FREE guide.

Want to know more about our comprehensive China Sourcing services? Visit our website.

Need advice on a China Sourcing problem or recommendations on which services you need? Schedule a FREE call.

Want to fast-track your success with coaching or mentoring from a China Sourcing expert? Book your session today. 

See David featured in...

USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”

This episode is different from the others because it doesn't cover specifics on sourcing and developing products in China…

It does delve deeply into what makes entrepreneurs successful, and I share some of my own personal background stories and journey. So I’m opening up and sharing it all in the hope you find some inspiration and motivation.

Do they say the shortcut to success is great mentors? I couldn’t agree more.

 Also knowing who you are, and leveraging those traits in business is key.

Matt Brauning from the Driven Entrepreneur is an amazing podcast, and his interview went in a direction un-expected to me.

To learn more about Matt visit his website www.mattbrauningpodcast.com and follow him on Instagram: https://www.instagram.com/mattbrauning/

I hope you enjoy it. Let us know if you have any questions, and you can subscribe here for Matt's podcast.

If you’re short on time, you can read about it on our blog here or watch the interview on Youtube.

Need help sourcing products or developing products in China?  Schedule your FREE Call! 

Cheers, 

David Hoffmann

CEO, GlobalTQM

➣ Apple Podcast | https://go.globaltqm.com/Apple-GTQM-Podcast

➣ Google Podcast | https://go.globaltqm.com/Google-GTQM-Podcast

➣ Spotify Podcast | https://go.globaltqm.com/Spotify-GTQM-Podcast

Just starting out in e-commerce? Download our FREE guide.

Want to know more about our comprehensive China Sourcing services? Visit our website.

Need advice on a China Sourcing problem or recommendations on which services you need? Schedule a FREE call.

Want to fast-track your success with coaching or mentoring from a China Sourcing expert? Book your session today.

See David featured in...

USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”

In this episode, we share some fascinating secrets, including:

• How big brands source from the Far East?
• How Apple made concessions for WeChat?
• The key to success when trying to build a product in China.

Plus this amazing conversation with Estie has peppered and compelling stories plus anecdotes.

P.S OK, so this podcast we don’t reveal Esties amazing marketing secrets, but…

for those of you are interested to learn more about Estie and what she does, you can find her free course here.

I hope you enjoy it. Feel free to reply to this email if you have any questions, and you can subscribe here to her podcast

If you’re short on time, you can read about it on our blog here.

Need help sourcing products or developing products in China?  Schedule your FREE Call!

Cheers,
David Hoffmann
CEO, GlobalTQM

➣ Apple Podcast | https://go.globaltqm.com/Apple-GTQM-Podcast

➣ Google Podcast | https://go.globaltqm.com/Google-GTQM-Podcast

➣ Spotify Podcast | https://go.globaltqm.com/Spotify-GTQM-Podcast

Just starting out in e-commerce? Download our FREE guide.

Want to know more about our comprehensive China Sourcing services? Visit our website.

Need advice on a China Sourcing problem or recommendations on which services you need? Schedule a FREE call.

Want to fast-track your success with coaching or mentoring from a China Sourcing expert? Book your session today.

See David featured in...

USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”

CNBC Made it, alongside titans like Shark Tank's Barbara Corcoran and Serial Entrepreneur Gary Vaynerchuk

Business Insiders with Gary Vaynerchuk and other successful leaders on "How to respond when employees royally mess up?"

Hey Guys,

This week we are shifting the focus into an online master class, discussing the different forms of online product sourcing platforms.  We even included a slideshow if you are watching this on youtube.

If you ever wondered which option is best for your company, this episode will answer your questions, including:

• The Four Major Product Sourcing Platform options
  
• How you can build your own network by owning your own data
  
• How to keep process over emotion and why this is important
  
• Why a Community Platform may serve your company best
  

If you’re short on time, you can read about it on our blog here.

Need help sourcing products or developing products in China? Schedule your FREE Call! 

See David featured in...

• USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”
  
• CNBC Made it, alongside titans like Shark Tank's Barbara Corcoran and Serial Entrepreneur Gary Vaynerchuk
  
• Business Insiders David Hoffmann with Gary Vaynerchuk and other successful leaders on how to respond when employees royally mess up
  

Helpful Resources

• For a full transcript of this interview, visit our blog.
  
• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Hey Guys,

I wanted to share a recent interview I did on another great podcast called The Business of ECommerce. Charles Palleschi, the host of this podcast, asked me some really insightful questions that really drill down into the day to day specifics of Sourcing Products from China.

We covered MANY different topics, including :

• How being on the ground in China creates opportunities
  
• How having “trusted” third parties is essential
  
• How to protect your IP in China by registering your trademark
  
• How and when to negotiate on price with the factory
  
• How “What you don’t say” could be your biggest problem
  
• How to build your team in China?
  

Link to Original Podcast Episode - http://businessofecommerce.fm/2019/12/what-are-the-hidden-risks-importing-products-from-china-e107/

If you’re short on time, you can read about it on our blog here.

Need help sourcing products or developing products in China? Schedule your FREE Call! 

See David featured in...

• USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”
  
• CNBC Made it, alongside titans like Shark Tank's Barbara Corcoran and Serial Entrepreneur Gary Vaynerchuk
  
• Business Insiders David Hoffmann with Gary Vaynerchuk and other successful leaders on how to respond when employees royally mess up
  

Helpful Resources

For a full transcript of this interview, visit our blog.

• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
• Google Podcasts
• Spotify
• Breaker
• Castbox
• Overcast
  

With the increase of traffic online, especially related to buying products as a result of the Coronavirus pandemic, today’s topic is very timely.  Our chat focusing on moving from Vendor Central to Seller Central on Amazon will certainly help your business retain more revenue and ultimately help you navigate these difficult financial times.

Some of the highlights of our podcast on this very important topic include:

• Deciding which option is best for you - Vendor or Seller Central
  
• Amazon’s reputation and why it matters to you
  
• Moving from Vendor Central to Seller Central
  
• How to be the Master of Your Own Destiny with Amazon, by using your own brand
  
• Avoiding pitfalls in both Vendor and Seller Central
  

If you’re short on time, you can read about it on our blog here.

Need help sourcing products or developing products in China?  Schedule your FREE Call! 

See David featured in...

• USA TODAY Featured with Mark Cuban, billionaire, owner of the NBA’s Dallas Mavericks, and Shark on “Shark Tank” and Barbara Corcoran, founder of The Corcoran Group, podcast host of “Business Unusual,”
• CNBC Made it, alongside titans like Shark Tank's Barbara Corcoran and Serial Entrepreneur Gary Vaynerchuk
• Business Insiders David Hoffmann with Gary Vaynerchuk and other successful leaders on how to respond when employees royally mess up

Helpful Resources

• Get a free copy of our book, China Sourcing For Startups.
• Book A free 15-minute consultation with our team.

 Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
• Google Podcasts
• Spotify
• Breaker
• Castbo
• Overcast
• Podbean
• Stitcher 

Hey Guys,

I can’t keep quiet and not share my thoughts and personal plans during these tough times.

So in a special edition Podcast, we share not only the impact of this difficult issue on our lives generally, but more specifically the best business strategies to employ, including:

• Dealing with the inevitable drop in demand
  
• Proactively monitoring “supply chain” impact
  
• A reminder that, based on history, markets will recover
  
• With Every Crisis, there is an Opportunity
  

If you’re short on time, you can read about it on our blog here.

Read more about David Hoffmann on Business Insiders with Gary Vaynerchuk and other successful leaders on how to respond when employees royally mess up.

Want to know how we can help? Schedule your FREE Call! here.

Helpful Resources

• For a full transcript of this interview, visit our blog.
  
• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
  
• Google Podcasts
  
• Spotify
  
• Breaker
  
• Castbox
  
• Overcast
  
• Pocket Casts
  
• Podbean
  
• Radio Public
  
• Stitcher
  

I was interviewed on another great podcast called ECommerce Excellence. The host, Joris Byron, asked me some really great questions and drew out some great insights, issues to avoid, how to overcome obstacles and general wisdom in Sourcing Products from China.

As usual, we also drilled down on some specifics, such as:

• The two critical barriers with Chinese manufacturers or suppliers
  
• Unspoken rules to follow
  
• Keys to success
  
• The pros and cons of moving your manufacturing to China
  
• How clear and concise communication can save you a lot of heartache
  
  

I hope you enjoy the episode.  Would love to hear from you if these episodes are helpful

If you’re short on time, you can read the whole transcript here.

We were honored to be featured in CNBC Made It alongside titans like Shark Tank's Barbara Corcoran and Serial Entrepreneur Gary Vaynerchuk. 

Dreams do come true! Click here to read!

Click here if you want to learn more -  Schedule your FREE Call here!

Helpful Resources

• For a full transcript of this interview, visit our blog.
  
• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
  
• Google Podcasts
  
• Spotify
  
• Breaker
  
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• Pocket Casts
  
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• Stitcher
  

In this week's episode, we touch on a somewhat sensitive subject – the issue of Accountability, or Who is ultimately responsible when something goes wrong?

Listen to hear some first hand stories where we highlight:

• The danger of not being clear in your instructions to the factory.
  
• The “Devil is in the Details!”
  
• How can you put clear instructions in writing and make them measurable?
  
• Knowledge is the key.
  

If you’re short on time, you can read the whole transcript here.

Read more about David Hoffmann on Business Insiders with Gary Vaynerchuk and other successful leaders on how to respond when employees royally mess up.

Want to know how we can help? Schedule your FREE Call!  here.

Helpful Resources

• For a full transcript of this interview, visit our blog.
  
• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
  
• Google Podcasts
  
• Spotify
  
• Breaker
  
• Castbox
  
• Overcast
  
• Pocket Casts
  
• Podbean
  
• Radio Public
  
• Stitcher
  

In this week's episode, I share some valuable insights and pointers that could really help you – especially if you are considering sourcing your product outside of China.

Listen to this real story  where we discuss…

• The “cost” of the product is not the most important thing.
  
• Failures are sometimes the best thing that could happen... initially.
  
• You don’t know what you don’t know.
  
• The Golden Rule is clear communication and knowing who you are dealing with.
  

If you’re short on time, you can read the whole transcript here.

Want to know how we can help? Schedule your FREE Call!  here.

Helpful Resources

• For a full transcript of this interview, visit our blog.
  
• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
  
• Google Podcasts
  
• Spotify
  
• Breaker
  
• Castbox
  
• Overcast
  
• Pocket Casts
  
• Podbean
  
• Radio Public
  
• Stitcher
  

Subscribe To The Show On Your Favorite Podcast App

In this week’s episode, I share, along with my co-host Kevin, some valuable insights and pointers that could really help you – especially “When Inspections Fail.”

We spoke in general about Product Sourcing from China, services available in China, and how doing business in China works.  Some key points touched on:

• You can’t inspect quality into a product.
  
• It is better to catch a problem at the source (factory)
  
• What is the Best-Case Scenario when an inspection fails?
  
• What is “Commercial Release?”
  

If you’re short on time, you can read the whole transcript here

“Want to know how we can help? Schedule your FREE Call!” here

Helpful Resources

• For a full transcript of this interview, visit our blog.
  
• Get a free copy of our book, China Sourcing For Startups.
  
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
  
• Google Podcasts
  
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Subscribe To The Show On Your Favorite Podcast App

This week I was interviewed by Jim Palmer from Dream business radio. I thought you might like to listen to the interview... you might pick up some good advice, insights, and pointers...

Of course, we spoke about sourcing from china, services available in china, how doing business in China works.

Hope you enjoy it...

Just some of the questions answered:

• How entrepreneurs expand businesses.
• How do you find ideas in China?
• Do you have to go to college to learn the business?
• What are the biggest challenges for importing products from China?
• Why middlemen/agents are outdated.
• Some intellectual property tips and building trust with suppliers... we went deep!.. (actually more than just tips, we went deep!)

If you’re short on time, you can read the whole transcript here

Want to know how we can help? Schedule your FREE Call!”

Helpful Resources

• For a full transcript of this interview, visit our blog.
• Get a free copy of our book, China Sourcing For Startups.
• Book A free 15-minute consultation with our team.
  

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
• Google Podcasts
• Spotify
• Breaker
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• Overcast
• Pocket Casts
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Follow Us On Social Media

• Facebook
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• Twitter
• LinkedIn
  

Here's the third and final part of my interview with Kunle Campbell in the 2x eCommerce podcast.

If you haven't listed to parts 1 and 2, go back and listen to them before listening to this.

This was the last major question of the interview, and he asked me:

"What's the best way for eCommerce entrepreneurs to protect their intellectual property?"

Now, if you've listened to our previous episodes, I'm sure you already know the answer...

...because I talk about it so often.

However, if you're new to the show, my answer to Kunle's question could be a total game-changer...

...and potentially save you tens, if not hundreds of thousands of dollars over the long term.

Helpful Resources

• For a full transcript of this interview, visit our blog.
• Get a free copy of our book, China Sourcing For Startups.
• Book A free 15-minute consultation with our team.

Subscribe To The Show On Your Favorite Podcast App

• Apple Podcasts
• Google Podcasts
• Spotify
• Breaker
• Castbox
• Overcast
• Pocket Casts
• Podbean
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• Stitcher

Follow Us On Social Media

• Facebook
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• Twitter
• LinkedIn