How to choose suitable and satisfied bike tool suppliers?

Thousands of bicycle tools on online platforms or in physical stores are waiting for customers to pick. Behind them, there are great efforts from thousands of bike tool importers and bike tool suppliers. In this world, the competition is cruel and fierce. Choosing a suitable and satisfied bike tool supplier will rule the boost in the cycling product market.

When you start a business on cycling products, first of all, you need to find a supplier to offer what you want. Then you provide products to final customers. Yeah, well, maybe that’s the way it works. In the end, whether a business is thriving or not, depends on excellent supply chain support. So how to choose the suppliers of bicycle tools is really important. Finding the right supplier is like choosing a partner who will become your loyal friend and reliable support.

When you’re looking for bike tools suppliers, do you search them through trade shows or through B2B platforms such as Alibaba, made in China, etc.? When you face dozens, even hundreds of suppliers, how to choose the right suppliers? The product characteristics of bicycle tools determine how to choose bicycle tool suppliers. We would like to share some ideas of the factors to evaluate bicycle tool suppliers in China.

1) Product Factors

The quality is the survival foundation of bicycle tool suppliers. The use-value of bike tools is also based on the product quality, which affects market competitiveness and share. Specialist only mater in his own field. Each bike tool supplier has its own advantages. Bicycle tools are standardized tools with a certain degree of stability. When an end-user buys a bicycle tool, the first consideration is the suitability of the bicycle tool. When an importer chooses a bicycle supplier, he first evaluates the product range, then the materials used, production standard and production procedure.

The bicycle supplier’s rich experience can make the bicycle tool defective rate in a slight control range. The choice of materials, surface coating and storage conditions of the raw materials will affect the final bike tools. When selecting a bicycle tool supplier, an experienced supplier will provide complete and detailed information to build the customers’ confidence.

In China, industry zones are different which possess related upstream industries. The bicycle tool supplier is good at the product also has the millennium. One of the impacts is the upstream of raw materials and processing technology limit. At present, our company is good at the area of the bicycle tool set, as well as single subdivision tools. The material is mainly made of carbon steel and chrome-vanadium steel.

2) Price Influence

The purchase price of bike tools is also an important factor in the decision to chose bicycle suppliers. A lower price means higher profit brought to customers. Bike tool importers urged to get competitive prices according to the product quality which is his business scope. The production capacity, efficiency, raw material supplies, and working experiences will decide the final price. Every bicycle tool supplier tries their best to reduce their production and operating costs to improve competitiveness. Even though they make a great effort, the price is some out of control.

Raw materials have a big impact on bicycle tools by the reason of the low added value for the bike tool themselves. When main raw materials such as carbon steel go up, bicycle tools rise in price obviously. We can see a significant change rate of bike tools during these 10 years. For example, in 2020, a 40% increase in the price of raw steel resulted in a 15% to 25% increase in the price of final bike tools. At end of 2020, we have to inform our customers to adjust prices.

3) Production Schedule & Delivery

The punctuality of the delivery time will directly affect the continuity of production and inventory level of end customers. It also affects the producer’s production plan and the supplier’s sales plan. Excellent bicycle tool suppliers can provide better solutions, combined with their own production conditions and ability to cooperate with the terminal customers. By 2020, the bike industry is booming. As a result, new orders are soaring. It is a great challenge for bicycle tool suppliers to allocate orders so as to give importers a satisfactory delivery date. Some bike suppliers or bike accessory manufacturers introduce more assembly lines to raise production capacity. We have rent more than 10,000 square meters of space to store bike accessories and bike tools for customers.

4) Other Factors Influence

Except for the mentioned factors, design ability, special processing technic, customer service level including timely response and communication, project management capability will also influence a bike tool importer to choose a bicycle tool supplier.

One more thing, a bike tool importer needs a bike tool supplier with deep and high recognition of their own concept. In this way, bike tool suppliers can assist bike tool importers to make clear positioning and more efficient business. If the supplier can match up with the bike tool importer, it can be cultivated and developed together. An excellent bike tool supplier will pay attention to the growth of downstream customers. In the meanwhile, he will pay time and energy to explore progress together rather than simply care about orders. He will also actively provide solutions to customers and understand the characteristics of the product market under any circumstances. Continuous optimization brings more benefits.