8 Ways To Find a Korean Supplier that No One Tells You
Updated: Feb 9
A supplier is also known as a wholesaler, is a business that gets products from the manufacturers and then sells them to other companies. The wholesalers do not operate any store of their own. Instead, they supply the goods to other small and medium-sized businesses to sell them to their customers.
It doesn't matter if you own a physical store in the local market or you own an e-commerce store; suppliers and distributors play an important role in keeping your business running. Korea is considered as one of the largest markets of wholesale suppliers. The Korean market is known to supply a lot of products like cosmetics, clothing, vehicles, spare parts, chemicals, plastics, equipment, and much more all over the world. But the question is that if you own a small or medium-sized business, then how can you find a Korean Supplier?
Suppose you have a similar question in your mind. In that case, you are in the right place. Because, in this article, we will discuss some ways and methods by using which you can easily find a Korean supplier/wholesaler in your desired industry and get the supply of your desired products at the best and affordable rates.
Finding the Right Korean Supplier
If you own a business, then you may want to work with one or more wholesale distributors. But finding the right supplier for your business is the real challenge. You want to look for a supplier that
● Connects you with manufactures and provides you with the right products for your
● Offers you a good deal that is affordable for you
● Provides his services in your geographical area
● Who is honest, reliable, and trustworthy.
You must keep it in mind that it is essential to know about your industry before you start looking for a supplier (check this article to find out 7 Korean Products that Make Profits) Once you have a clear idea about your business, it will be a lot easier to find a supplier. We have enlisted some ways by using which you can find the right supplier.
1. Have In-Depth Understanding of Distribution Channels of Your Industry
There are different distribution channels depending upon the industry. You can go all the way from the manufacturer to the retailer. If you understand your industry's distribution channel very well, it will help you find the right supplier. There are four types of suppliers.
II. Importer/Exclusive Distributor
III. Regional Distributor/Wholesaler
If you are just taking a start, then you might be trying small wholesalers and paying them high prices for their supply. As you grow up and scale your business, you might get better deals and offers from bigger companies.
2. Try To Contact The Manufacturers First
When you go for wholesale distributors and suppliers, they take a fair share of their cut from both parties as they act as a middleman. So, to remove a middleman, you can directly contact manufacturers.
If you are selling branded items like clothing, you can directly go to the manufactures and get a deal from them. They might offer you a pretty good deal depending on the minimum order quantity. If you feel that your business is not such large to directly deal with the manufacturers and fulfil their minimum order requirements, you can ask them to give you a list of reputable distributors.
The biggest advantage of directly getting supply from the manufacturers is that you can lower your products' cost in the market, and you can give a tough time to your competitors.
3. Search The Internet
You can do your research on the internet. Just make sure that when you search for suppliers online, don't just do random searches. Try to include specific keywords in your search. Suppose you own an e-commerce store, and you want to find skincare suppliers online from Korea, so you can make a search as "Best Korean Skincare Suppliers" or just "Korean skincare suppliers." By doing this, you can reach and find location-specific suppliers all over the world. Korean wholesale market has a lot of potentials, and you can easily reach out to the suppliers and distributors from your desired industry by doing just a few simple clicks.
You can also search your desired produces by names or model numbers. You will get several websites of suppliers providing those products at a wholesale rate. You can contact them by using the email or phone number provided by them.
4. Look For Korean Suppliers on Amazon
Since Amazon has a major share in both B2B and B2C market places of many countries all over the world, you can look for Korean Suppliers on Amazon that are providing B2B services. Amazon has plenty of categories, and if you do everything right and spend enough time, then you can easily find a Korean supplier on Amazon for your desired products. Since Amazon provides its services worldwide, it doesn't matter where you live in the world; you will get your goods delivered at your doorstep from where you can resell those products locally or online at your desired prices or market rates.
5. Check All B2B Marketplaces
There are a lot of B2B marketplaces in Korea where you can buy large lots of products at affordable prices. All you have to do is to visit their websites, and you will find a lot of suppliers and wholesale distributors at these marketplaces. Some of the major marketplaces in Korea include:
These are just a few marketplaces mentioned above. If you do some research on the internet, you will find plenty of other marketplaces. You can easily find all kinds of suppliers and distributors on these marketplaces. Make sure to check for your relevant industry on at least 2-3 marketplaces and compare their rates to ensure that you get the best and affordable deal.
6. Use Korean Search Engines
There are many Korean search engines by using which you can easily find Korean suppliers and manufacturers. One of the most popular search engine to search for Korean Suppliers and Manufacturers is SJN(The Engineering Search Engine). This search engine is a powerful tool for finding out who supplies what in South Korea. You can find all industrial companies, suppliers, and manufacturers easily by searching for your relevant products, services, or industry.
7. Join Groups, Forums, And other Professional Networks Relevant To Your Industry
People and business owners that are already experienced in your niche are the best sources of information regarding suppliers and whole sellers. However, they are also your competitors, so they might not share any information regarding their suppliers. So, the best way to get this information is by networking and making connections with such people. Try to build your trust and connections with such people, and they might help you in finding the best wholesalers and suppliers.
You can join different groups related to your industry and signup on different forums. Here you will find a lot of people having experience with your industry and market. LinkedIn is the best platform to make social connections. You can build your LinkedIn profile and interact with different people related to your industry. Start with general discussions and make friends with them. Once you are close enough to trust you, you can ask for their help regarding suppliers and manufacturers, and you will always get a positive response. Although this process is time taking, the end is fruitful.
8. Participate in Trade Shows
Trade shows are one of the best ways to grow your business and connect with suppliers and manufacturers. These events are organized to fulfil the needs of retailers and to connect them with suppliers and manufacturers.
Different trade shows are organized all over the world every year. It is an opportunity for you to speak with dozens of suppliers and manufacturers in a single day. You can have face-to-face communication with them. By doing this, you can easily avoid the misconceptions and misinformation that often occurs when you interact with a wholesaler or supplier online.
The Trade Shows News Network is one of the largest directories of trade shows available online. You can search for your desired city and country and easily look for a trade show there. You can even search with industry name, date, and time also.
Korea is known as the hub of suppliers and manufacturers. But finding the right Korean supplier could be a very challenging task, especially for new businesses. We have told you proven ways by using which you can easily find a Korean supplier regardless of your industry. If you are just starting up, then there is a possibility that your first wholesale supplier might not be the one you are looking for. But you should have the guts to take risks. Finding the right supplier, who is a perfect match for your business, requires you to do a lot of trials and error testing. Check this article if you consider hiring an agecy or agent.