Sourcing direct with real manufacturers; When to avoid Alibaba and how to use it correctly; How to . download The Import Direct From China eBook Now Only $ I've been looking into starting an e-commerce site. I believe I have found a niche and I am not doing a lot of research into actually downloading. Import Direct From China is the result of three decades of importing experience and teaches you: Sourcing direct with real manufacturers -How.
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Import Direct From China - Download as PDF File .pdf), Text File .txt) or read online. Instructions on how to import from China - how to navigate bylaws, find. Since I've Been Successfully Importing Products From China & The Rest Why download a complicated course or a big eBook that will take you many hours or. Import Direct From China and Many Other Countries: Your Guide To Finding The Best Suppliers, Best Products, and Best Prices And How To.
Thank you for your valuable suggestions. Your experience indeed shines forth. Thank you also for your generous extension of your support.
Direct, straight to the point and no dribble! Just the way I like it. download The eBook Now If you aren't entirely satisfied with your download please call or drop us an email, and we'll quickly issue a refund of your entire download amount.
Proven China Sourcing
Take your time, check it out, and more importantly, put this powerful information to work for you, but if you find it's just not for you we don't want to keep your money. All support and contact options can be found at JimCockrum.
Why do we ask for your phone number as part of the order? Jim makes several calls per week as a way to stay in close contact with his readers. When we call you, you can expect a friendly, informative chat with someone who truly cares about your success. There is no high pressure pitch or up-sell and we won't share your name or contact info with anyone. Brown I bought the book a few days ago. It made me realize that I've been wasting my time contacting wholesalers rather than manufacturers.
I also didn't have much idea about what needed to happen if I made a download from the supplier. It has a good checklist to avoid some pitfalls. Very informative and to the point, I liked it. Helped clear the air on some questions I had. It will be a great reference in the future as well.
I'm new in the importing industry, and your book simplifies the process. I feel much more confident to go through to import products. Thanks again. I bought your ebook a little under a year ago and printed it out. It's great! I love it! It is far better than any other that I have looked into which all seem pretty light on details other than "go to alibaba and start emailing manufactures. There are a lot of books and courses out there but if I had to choose one to start with I would definitely recommend Walters book.
Hey Walter, I just want to say thanks and I did end up getting your book and putting it to use.
Still learning everyday but I believe everyone should know when they have done a good job. Hope all is well with you, - C.
I bought the book a few days ago. There is loads of valuable logistical information in there that will save me a ton of headaches, especially later on in the process. Some countries have more generous allowances and others do not allow any goods to be imported under such a scheme. Note: If you use this scheme, avoid having more than one parcel dispatched on any one day. You should instruct suppliers to leave at least 3 days between shipments, otherwise they may be regarded as one shipment and Customs would then require you to lodge a Formal clearance.
If that ever happens, the easiest course is to call upon the services of your customs broker rather than attempt the formal clearance yourself. Believe me; you do not want to try doing a formal clearance yourself. Your broker can do it electronically in minutes, but it could take you hours, even if you get it right on the second or third try. You will almost certainly get it wrong the first time.
When you look at the Appendix which shows the contents list of a helpful guide to importing provided by the US Customs and Border Protection Agency, you will appreciate what I have done to simplify the whole process for you. The full document runs to pages.
It provides very little practical help and would confuse many people, and I only include it to show you the value of using a broker rather than trying to do the clearance work yourself. One very important part of customs regulations that applies in every country is that you the importer, and not your customs broker, will be ultimately responsible for any breaches of law in relation to the importation of the goods.
For this reason you need to be sure that your broker is appropriately qualified and licensed. It would be wise to not only check their licence credentials, but also ask for references and then check them. This section could save you thousands of dollars, so please read it carefully. Always make sure the cost of Customs clearance work is included in a freight companys door-to-door service before placing orders overseas or you could be in for a very nasty and very expensive surprise.
Insist that your supplier pre-pay, not only the door-to-door freight, but also the customs clearance charges. Always get quotes in writing for everything that you are going to pay for freight, customs clearance work, or any other service. Pre-payment of freight by your supplier can eliminate a massive risk. The risk involves deception by freight company sales representatives, and I have often seen this scam used on importers who have decided to pay for freight on arrival of the goods in the country.
This is how it works: 4. They will usually procrastinate about providing written confirmation of the quote. Meanwhile you dont want delay, so you set the order process in motion, and you have soon reached the point of no return. You may even have the notes you made at the time, but they will not be sufficient proof.
Walter Hay 4. They may add insult to injury by suing you for the difference between the amount realised at auction and the freight amount they charged. They will probably even add storage charges, known as wharfage. A smaller scale scam involves failing to include surcharges and transhipment charges in the quote. Make sure your written quote includes any surcharges. To be safe you should insist that the quote states that all surcharges payable have been included. If goods are sent to you on a freight collect basis without any prior written quote from the carrier, you will usually pay crippling schedule rates.
Note: Freight may be quoted in Cubic Tons. This means you will be charged according to a formula that calculates a cubic ton by multiplying length x width x height of a parcel. By this method, ton weight of feathers would be charged as about cubic tons, and the freight would cost many times more than the value of the feathers. When you ask your supplier to quote a price for the items, always ask for details regarding packaging.
If you are paying the freight yourself and not having the freight pre-paid by the supplier, you need to know the weight of the package and the dimensions. When requesting a quote for freight you must tell the freight company the weight and the dimensions, as well as the number of packages. Then read the quote carefully to see if you are being quoted in cubic tons. If you are, you need to have them tell you in writing how many cubic tons the shipment will be.
That is the only way you will know the real freight cost before it lands at your sea port or airport. Product Size Is Important.
Feathers may be an extreme example, but lightweight items can cost you more to freight than heavy items. For example, if importing watches, you will fit of them in a small parcel, weighing about 22 lbs.
In the case of plastic toys you may only fit one or two in that same size parcel, so you will be charged on a cubic ton basis. Result: Air freight for plastic toys is prohibitively expensive, so you must use sea freight with its long delays weeks or even more. Watches can be air freighted at a very low cost per item relative to their value. If you use airfreight I would recommend arranging it through a freight forwarding company, but it may be worth asking your Customs Agent first.
Either the broker or the freight forwarder can usually offer much lower rates than the airlines themselves because they download bulk capacity at huge discounts and in effect they then retail that capacity to shippers like you.
There are risks involved unless you thoroughly discuss the matter with the forwarder or customs broker, so that you are certain that you know ALL costs that may be involved. I suggest being wary of using airfreight until you have gained some experience in importing.
There are a multitude of issues to deal with including inland charges by the supplier local freight, tolls, Government export charges , and then charges at the receiving end, including: Customs clearance, unpacking containers they use special air containers , inwards airport fees, storage, delivery from airport to depot, delivery from depot to you etc.
They usually, but not always, provide a door-to-door service, and most often they provide customs clearance services as part of the deal. Understanding Agencies and Distributorships Some people see some glamour in being a distributor, and others think that being an agent is the best way to sell manufacturers products. The fact is that these terms are often misunderstood, and there are traps for the unwary. This has the advantage for you of minimizing your cash outlay and risks, but commissions are invariably well below the rate of profits you could expect when handling the same volume working for yourself as an importer.
Agencies are rarely granted by Chinese companies and if they do, the terms will always be heavily weighted in their favour. You should never consider acting as an agent unless you and the supplier have signed a firm contract specifying the terms of the agreement.
You should get advice from a lawyer before signing any contract but especially one with a Chinese company. You should understand that legally enforcing a contract with a Chinese company is almost impossible, even if the contract states that the applicable law is the law of your home country.
I know of many cases in which a supplier employs an agent to sell in a new area or new country, and if the agent succeeds, the supplier then establishes a branch office and takes over all the business. I have even known local manufacturers who have done this. I found it to be just as easy as PayPal but with Western Union you have no recourse to get your money back. If it makes you feel better, choose a vendor who you will be paying a smaller amount of money to for samples.
Although just a suggestion, doing this will help to familiarize you with all the routing and logistics related to international wire transfers. If you decide to pay via wire transfer, make sure and confirm that you have the exact wire information including beneficiary information, address, swift code and account number.
If one character is incorrect, then the Bank of China might relegate your funds to the Chinese banking void for an unspecified period of time. Tip 7: Always Obtain Samples Samples are an investment. Most drugs will not make it through clinical trials and some will not receive FDA approval, but the few that do make it past all the hurdles will make the investment worth it.
While downloading samples can seem daunting, make sure to keep things in perspective. Tip: Ask vendors what their top 5 products are in terms of sales. Pick the very best ones based on the photos, product descriptions and vendor recommendations. Steve emphasizes this several times in his course. Not only does this make your company seem larger than it is but it also displays a sense of teamwork and unity.
Moral of the story — Project confidence. Tip: Here is an actual email I sent to a vendor after receiving samples. Hi Tina, We wanted to confirm that we received the samples today. Over the next couple of months we are going to be meeting with many of our customers to discuss your products and potential plans to move forward with larger downloads. We will certainly keep you updated on our plans.
We did have a few questions in the meantime: 1 Do you provide OEM service logo? For example if we wanted to download 5 different products, each with 3 colors and 2 sizes.
For product YD, the zippers were very difficult to fasten and ended up breaking in one instance. For most products, we prefer one piece like YD instead of two pieces to make the assembly process as easy as possible for our customers. Thank you! I did however notice some very distinct trends between the manufacturers and trading companies. Along with the obvious things such as price and MOQ differences, trading companies definitely had more of a pushy sales approach while the manufacturers seemed more eager to build a relationship.
In the beginning however, it might behoove you to download from the trading companies because they will offer lower minimum order quantities MOQ. Tip: In some cases I politely asked certain vendors what percentage of their business was manufacturing vs.
Most reps were more than happy to share that information. Most vendors will setup the shipping for you and all you have to do is provide your shipping address and phone number for confirmation. Some vendors will lump the two costs together while others will separate them out and surprise you at the last second.
Moral of the story — Shipping samples is expensive. If this depresses you, remember that samples including shipping are an investment!
Import Direct From China
UPS and FedEx can be done online. DHL is a more involved process felt like I was applying for a mortgage that involves a phone call and you providing them documentation such as recent bills, invoices, etc. Note: Are you unsure which shipping method to use and how much it will cost?
Do you want a good estimate of your real landed cost of goods? Click here to use my free import calculator Conclusion Because it was my first time importing goods from Asia, I made a few mistakes but I learned a lot in the process. Which vendors were the most flexible and accommodating? Which vendors shipped the samples in a timely fashion? Which vendors shipped samples that were packaged nicely? Which vendors were the most accurate and paid the most attention to detail?
In the end, your experience will be different than mine, but I hope that the tips above can help you along your journey. In this 6 day mini course, I reveal the steps that my wife and I took to earn thousand dollars in the span of just a year.
Now there are many more line items on our quality control checklist, but hopefully you get the point. It was worth the money, in the long run it will save readers a load of money. One importer whom I taught wrote me: Walter, Well, I am just floored by the amount of content and the bluntness in your book. Below is a brief overview of what to expect when importing goods from overseas along with some tips on getting your goods to your warehouse.
The biggest caveat is that this process can take a while and communicating back and forth with suppliers requires patience.
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