The Yiwu wholesale market is one of the largest wholesale markets in China where you can find a variety of different products at really low prices.
Unlike China wholesale tradeshows like the Canton Fair or Global Sources which only occur twice per year, the Yiwu market is open everyday of the year except for certain Chinese holidays.
What’s also different is that the Yiwu marketplace is literally a place where you can physically walk away with goods that are ready to sell or have them shipped directly to your warehouse in bulk.
In other words, many of the goods are off the shelf and ready for sale.
In terms of products, you can find a bunch of suppliers that sell everyday goods like handbags, textiles, accessories, watches…basically commodity products that can complement goods that you already carry in your shop at really low prices.
It’s also important to note that the wholesalers at the Yiwu market are not manufacturers. Instead, most merchants in the market are trading companies or small retailers.
One thing that you have to be aware of is that you may find fake or knock-off brands at the Yiwu market so you have to be careful.
In general, none of the products at Yiwu will have a brand and any “well known brand name” that you see there will likely be inauthentic.
Overall, the products at Yiwu tend to be cheap, commonplace items that you can use as upsells or cross sells for your existing portfolio. They also make great items for a free plus ship offer or a giveaway.