The capital required for importing bearing agency varies due to various factors. First, it is the brand agency fee. There is a large difference among different brands. It may be as little as tens of thousands of yuan or as much as hundreds of thousands of yuan or even more. For some popular brands that Zhongshitong represents, the agency fee may be around 100,000 - 300,000 yuan. Second, it is the initial purchase cost, which depends on the agency level and purchase quantity. Generally, it may start from 150,000 - 500,000 yuan. Third, it is the store rental and decoration costs. If it is a physical storefront, calculated based on a 100-square-meter medium-located area, the annual rent is 100,000 - 200,000 yuan and the decoration cost is 50,000 - 100,000 yuan. There are also staff salaries, operating capital, etc. Reserve 100,000 - 200,000 yuan for the early operating capital. Overall, about 500,000 - 1,200,000 yuan is probably needed in the early stage.
Of course, the specific amount needs to be determined through detailed communication with the brand side.
Professional consultant answers
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
The capital required for importing bearing agency varies due to various factors. First, it is the brand agency fee. There is a large difference among different brands. It may be as little as tens of thousands of yuan or as much as hundreds of thousands of yuan or even more. For some popular brands that Zhongshitong represents, the agency fee may be around 100,000 - 300,000 yuan. Second, it is the initial purchase cost, which depends on the agency level and purchase quantity. Generally, it may start from 150,000 - 500,000 yuan. Third, it is the store rental and decoration costs. If it is a physical storefront, calculated based on a 100-square-meter medium-located area, the annual rent is 100,000 - 200,000 yuan and the decoration cost is 50,000 - 100,000 yuan. There are also staff salaries, operating capital, etc. Reserve 100,000 - 200,000 yuan for the early operating capital. Overall, about 500,000 - 1,200,000 yuan is probably needed in the early stage.
Of course, the specific amount needs to be determined through detailed communication with the brand side.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
The cost of importing bearing agency is hard to say. It depends on the brand influence. Brands with high popularity are definitely more expensive. It also depends on the size of the agency area. The larger the area, the higher the cost.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Generally, in addition to the agency fee, logistics costs also need to be considered. The transportation cost of imported bearings is sometimes not low, and this part of the cost should be calculated in advance.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
If there is a need for online promotion, advertising costs also need to be reserved. Otherwise, the products are not easy to sell. The online promotion cost may start from tens of thousands of yuan.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Purchasing office equipment also costs money, such as computers, desks and chairs. This part of the cost may be 20,000 - 50,000 yuan.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
The subsequent inventory replenishment capital also needs to be considered. The goods cannot be out of stock. This amount is determined according to the sales situation.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Some brands may also require the payment of a deposit, which will be refunded if the agency is terminated later. This part of the money also needs to be prepared in advance.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
There may also be technical training costs, especially for some high-end bearings that require professional knowledge. This part may range from several thousand to tens of thousands of yuan.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Daily expenses such as water and electricity bills and property management fees seem to be small, but they can add up to a significant amount. It may be several thousand yuan per month.