Sourcing with Nils Oldörp Living in China #99

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Nils Oldörp lives in China and has become an expert in sourcing. But he got off to a rocky start and shares his story with My Amazon Guy.

• How was your experience sourcing in China when you started?
  • Cultural issues
    • China understands tough competition
  • Learning tax
• Have sourced 1000 items in past year
  • Only 10% of sellers do the 2nd order (reorder)
• Chinese going direct to consumer, from manufacturer straight to buyer.
  • Jungle Scout advertising in China.
• How do you find new items?
  • Who cares about the reviews
  • Pick based on
    • Demand
    • Product size
    • Can we control supply
    • Profit margins
    • Lead times
• Chinese focus on "me too" products.
• Still focus on give away products, rebates
• How did you figure out how to solve your issues?
• Canton Fair still driving market.
• What does it take to source products for you now?
• Changing landscape?
  • Huge domestic market in China
  • Copyright isn't a thing. Others jump on it fast.
  • China has changed a lot - skyscrapers brand new in past 5 years.
  • People mentality has changed a lot.
  • Haven't touched cash in 2 years.
    • QR code hanging around neck.
• Who do I want to serve vs how can I make a profit?
  • Brand build
• Get a mentor
  • Takes a decade out of the journey
• Same criteria can be used in the Jungle Scout and Helium 10 tools.

Check out Nils at:

• https://www.easypeasycall.com/pls?utm_source=steven
• https://www.easypeasysourcing.com/
• Youtube https://www.youtube.com/channel/UCK8VkTw3mfZX2z5-NvZMamA

About Nils Oldoerp: "I am born in German and moved to China in 2013 as an intern. What started as an internship became a great job living in China and Vietnam for about 2 years before the corporate reality hit and I wanted to start my own business.

I quit and tried selling my own products on Amazon. After losing all my saving and gaining a ton of experience I started a small sourcing company, helping fellow sellers source products in China.

Sourcing was the one thing I struggled with the most so I wanted to improve it. I got frustrated with suppliers not responding, getting ripped off and samples looking nothing like the pictures.

The next 5 years I spend expanding and growing my business and my team. I found multiple brands that sell 7 figures on and off amazon. This recent prime day we sold 4,300 units in 24hours on Amazon.com alone - more than my first 2 years combined. At the same time we created a sourcing business that helps export 1,000+ units a year, located in Shenzhen, China.

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