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I want to open a store selling engineering plastics. Where can I buy the goods? Is it okay to open in the hardware and electrical machinery market?

The sales of engineering plastics are not that simple, so I won’t go into details. There are a few main issues:

1. Regarding purchasing:

Your market positioning Where? Engineering plastics can be divided into domestic modified ones and international brands. There are countless types. Which one do you want to make? Different materials involve different markets, which also involves how your sales are carried out.

2. Is it okay to open in the hardware and electrical machinery market?

Yes! The sales channels of engineering plastics stores are generally developed online or through business operations. The main function of the store is only as a location for warehousing and inbound and outbound operations. As long as transportation is convenient, it can be anywhere.

3. Is it enough to only buy general-purpose ones at the beginning?

The current business model of general materials is similar to futures trading. If you want to do general materials, you will have no competitive advantage at all if you buy bulk goods. Nowadays, they purchase dozens, hundreds or even thousands of tons of goods at negotiated prices through futures trading, so that they have an advantage in cost. So I personally suggest that if you buy a small amount of general-purpose materials, you won’t make any money.

4. How to carry out sales?

Generally, people who are in the engineering materials business must first have some customers or a known market, and then enter the corresponding material sales, not terminal sales like selling vegetables, selling clothes, etc. Just stock it first, and then wait for people to buy it, otherwise, if you overstock even a little bit of stock, you will be killed! Take the relatively cheap engineering material POM as an example: Suppose you purchase 10 tons and the purchase price is 10 yuan per kilogram, that is 10X10000=one million! Do you have that much capital turnover? Therefore, when it comes to engineering plastics, you should first be familiar with this market, that is, you already know where the meat-eating people are, before you kill the pigs! Otherwise, if you kill a pig and the meat cannot be sold, you will just cry!

PS: The financial crisis has had a relatively large impact on the domestic engineering materials market. The market is now very unstable, so it is recommended that you find out first before entering the industry.