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7
Secret Questions About Importing Goods from China
By Walter Scheu @ Associated Content
Reprinted
from http://www.associatedcontent.com/article/188062/7_secret_questions_about_importing.html
Q. How much does it cost
to start, Importing from China?
A. That question can only determined
by you. Our thinking was we came up with an amount of
money; we could live without if we lost it. I was also
instructed by my bride that if this did not work, and/or
we could not resell the items I would get a part-time
job, to replace the money.
Q. What is the general quality of the items
shipped, when Importing from China?
A. Items are generally in "NEW"
condition unless otherwise stated (for example, if you
are buying refurbished good). They should come to you
in new in the box condition. If there are damaged goods
you need to talk to your customs broker to see what
your options are.
Q. Is there anyway to reduce
shipping costs, of Goods when Importing From China?
A. Yes, you can seek out the lowest
cost for getting your goods to where you want them.
Check with the customs broker, and they an often find
the lowest shipping rate. Also, your sellers usually
have agreements with freight forwarders, and can get
a cheap rate due to the volume of goods they ship.
Q. What is the average profit
margin?
A. This can be determined after you
have defined the gross cost per item, and the estimated
gross sale price. Do not forget to calculate the fees
involved in the selling of your goods (for example,
eBay and Paypal fees) Q. Must I convert my money to
the currency of the other country, or China, when I
import from China? A. No the bank which handles the
money for the sellers firm will do whatever needs to
be done on their end. The dollar is still accepted all
over the world.
Q. How Do I avoid problems
with customs, when I import from China?
A. Customs brokers are authorized to
work for importers, by and through the U.S. Customs.
They will make sure you do not have any problems with
customs. In the highly unlikely event there is a problem
they will help you fix it or they will fix it for you.
Q. Can you use a site like
.alibaba.com, google, yahoo, etc, when Importing from
China?
A. Yes this is a very good search and
contact sites, plus they have alot of firms from China,
and countries you can import from.
Reprinted © 2007 Associated
Content, Inc.
The
How To Guide on Import Procedures
Reprinted
from http://www.associatedcontent.com/article/246350/the_how_to_guide_on_import_procedures.html
By Walter Scheu at
Associated Content
WHAT IS IMPORT?
An import is any good or commodity, brought into one
country from another country in a legal fashion, typically
for use in trade. Foreign producers provide import goods
or services to domestic consumers. Import of commercial
quantities of goods usually requires concern of the
Customs authorities in both the country of import and
the country of export. With the globalization of a trade
and commerce & an economy consequent upon comfortable
balance of payment position has liberalized the Import
Policy and practically all Controls on imports have
been lifted. Imports may be made freely except to the
extent they are regulated by the provisions of Import
Policy or by any other law for the time being in force.
Certain
import procedures have to be followed for (IMPORT) the
purpose of clearing goods to be imported. These procedures
have been discussed below.
The person in-charge of a vessel, ship or aircraft entering
India must call or land only at a Customs Port or a
Customs Airport only. It may call or land at any other
place only if compelled by accident, bad weather or
due to some genuine unavoidable reason. In such a case,
he must report to the nearest police station or custom
officer of such emergency arrival.
The
person in-charge of importing vessel, ship, aircraft
or vehicle must submit within 24 hours after arrival
at a Customs Area an Import Manifest or Import Report
in the prescribed form in duplicate. This will give
details of the import cargo to be unloaded, unaccompanied
baggage, goods to be transshipped, retention cargo,
details such as general declaration about the conveyance,
stores on the conveyance, private property in possession
of the Captain of the aircraft or Master of the ship
and other members of crews and Passenger Manifest. Separate
declaration, of the import contents, has to be given
in respect of goods like arms, explosives, narcotics,
dangerous drugs, gold and silver. The Import Manifest
may be amended only with permission if there was no
fraudulent intention. This report is not required if
the conveyance is carrying only luggage of its occupants.
Sometimes, filing of the Import Manifest is allowed
before the arrival of the vessel by the Steamer Agents.
This enables the import/importers to clear the import/imported
goods quickly. If on the face of things, everything
is found to be in order and berthing accommodation is
available to the ship, the Customs Officer grants Entry
Inwards. Unloading of cargo can start only after such
order is made.
This
is a lot of work. Filling out import documentation,
going through all the formalities, etc. Not to mention
that to import goods can be extremely frustrating. So
what is a person to do if they want to import and sell
the imports? Well you can find, we feel, the answer
to this and many other questions.
Reprinted
© 2007 Associated Content, Inc.
How
to Start an Import-Export Website
By F & B Publications
Reprinted
from http://www.associatedcontent.com/article/19965/how_to_start_an_importexport_website.html
With affiliate marketing, the import-export
business can be for almost everyone. It's easy to set
up your own import-export website. To become an import-export
webmaster, first you have to decide what product(s)
you're interested in importing and/or exporting. Clothing?
Toys? Foods? Perfumes and cosmetics? Do you want to
import or export these products or both?
If importing and/or exporting what countries products
are you interested in? Canada? Mexico? Japan? China?
Germany? United Kingdom? France? Republic of Korea (South
Korea), Taiwan? Singapore? Any of the Caribbean islands?
What of Africa? Any African countries? Any of the countries
in Eastern Europe?
Once you decide upon this, go online
and set up your website. You should include some web
content that deals with import-export. There are free
articles that you can include, or you can write your
own web content. You can also include on your website
international news. Fresh Content offers free international
news for your website.
There are also many websites that allow
you to reprint articles for free. Put "free articles"
in your search engine or "free import-export"
articles.
You can also join Amazon.com as an associate
and sell books on import export. These can also provide
content for your website including photos and descriptions
of the books you are marketing. For example, you can
sell international trade directories.
Some of the Import-Export and International
Trade Books available from Amazon.com and which can
help provide content for your website are:
- Import/Export: How to Get Started
in International Trade
- Dictionary of International Trade
- Lecutres on International Trade
- Finance of International Trade
- The World's Economy: International
Trade
- Understanding International Trade
Law
- Building an Import-Export Bsuiness
- Export/Import Procedures and Documentation
- Start Your Own Import/Export Business
- Export-Import
- Guide to Export-Import Business
There are numerous other books that
you can include on your website. You can also include
descriptions and photographs.
The following books on import-export
are available from the Clickbank Marketplace:
Get Started In Import - Export
Today "Discover today, the proven way
to start your own import/export business so you can
sail towards financial freedom."
- http://import-export-ebook.marinerblue.com/?hop=toystore44
How To Start An Import Business
"This report from 36 year veteran importer reveals
tricks of the trade. A quick visit will show that this
one is genuine. Rare!"
- http://importeasy.com/?hop=toystore44
Starting An Import Export Business.
"Complete business package to help you
easily and quickly start your own profitable import
an export business!"
- http://www.startinganimportexportbusiness.com/?hop=toystore44
You can also join Clickbank affiliate
network and sell the above books:
- http://zzz.clickbank.net/r/?toystore44
Other books on import-export and international
trade are available from:
The Book Store
- http://thebookstore.vstoremarket.com/index.htm
These include:
- Import Export
- Start Your Own Import/Export
Business
- Building an Import/Export Business
- A Guide to Exporting to Japan
You can also include photos and clipart
that connects your website to international trade, such
as maps of the world and globes and also maps of the
countries that you are importing and exporting to. You
can also include a website or company logo.
If you're interested in importing-exporting
specific products, then you should include these specific
products in your search engine. For example, Toys? What
toys are available to export to other countries. What
online merchants sell their products to other countries?
For example, you might find that Space Toys exports
to other countries. Then you might join the Space Toys
affiliate program:
- http://www.spacetoys.com/affiliates/score.php?aff_id=254
Then research other import-export toys.
Once you join this affiliate program, then you are an
exporter of Space Toys. You can advertise your space
toys globally and not just in the USA. In cyberspace
you have access to the global marketplace. Anyone from
around the world can purchase your space toys.
Let's say you're interested in importing
African products. Are there any importers of African
products? Put this in your search engine. You get:
Africa Imports
- http://africaimports.com/go.asp?agent=creative44
Once you join this affiliate program,
then you are an importer of African products. And since
this is the largest importer of African products on
the internet, you are affiliated with the largest importer
of African products on the internet.
With the resources of e-commerce you
are very quickly able to set up your company in cyberspace
as a web-based company.
Of course, if you're a home-based business,
you would have to check locally with whether a reseller's
license is needed or a d.b.a. and whether you want or
need a Tax I.D. as independent of your Social Security
number. You can check with your local Chamber of Commerce
or go to government resources online for this information.
But nevertheless as an affiliate marketer,
you're able to set up your company very quickly.
You can do similar research for other
products and markets. Find out if the merchants sell
their products internationally and then join the affiliate
programs and advertise to local markets. There are many
free classified ads websites that target ads to the
global market. You can also join the following import-export
forum:
- http://www.exportimportforum.com
If you import-export beauty products,
you can list your products here for free:
- http://www.beauty-exports.com
There is also a free link exchange.
Set up your own free classified ads
website using this link:
- http://fnbpublica.adpost.com
You can also join the Free Advertising
Exchange and Free Advertising Forum.
If you are interested in Import-Export
mail order, then this is the company you should join:
The Mellinger Co.
- http://www.tradezone.com/send.htm
Also, join the following international
trade network:
- http://www.worldbid.com?referrer=WB18458
This is also an affiliate program.
To learn more about international trade
in general and starting your own import-export company
or website, go to:
- http://www.importers-exporters.com
- http://www.paepublications.com/import-export.htm
- http://www.importerexportfromscratch.com
- http://www.masterpage.com.pl/affiliate.html
- http://www.tradeport.org
- http://www.importexportcoach.com/ebooks.htm
- http://www.asianproducts.com
- http://b2b.tradeholding.com
You should also include these and other
useful links to add content to your import-export webpage.
Reprinted © 2007 Associated
Content, Inc.
International
Trade Sites for the Small Business Owner
Gueriila Style
By Allen Redwing
Reprinted from: http://www.associatedcontent.com/article/20608/international_trade_sites_for_the_small.html
For those starting a small business
in retail, wholesale trade, flea markets, swapmeets,
auctions, there are many local and international suppliers
available to buy products from for resale and even more
internet sites one can find. However, more often than
not, one must be willing to invest hundreds of hours
of internet or sourcing magazine research and often
live sleepless nights if you don't have an army of personnel
at your disposal in order to find reliable and affordable
suppliers. Through my own sleepless nights and hundreds
of research hours I've developed a small, practicable
system any small business owner, average consumer, wholesale,
or webstore own can utilize in order to reduce the time
invested, stress, and redunancy that comes with the
tasks.
Many internet sites are available to those looking to
get into trade or consumer product sales. Websites such
as: www.globalsources, www.tradeeasy.com, www.fuzing.com,
www.aliababa.com. And while these sites are excellent
for big time procurement managers for chains like Walmart,
to the new small business owner that can be as overwhelming
as they are time consuming. All of these sites require
some form of user profile registeration and though they
give you access to millions of suppliers around the
world, shifting through this mass amount of information
kills precious time... time you and I don't have.
In order to ensure a successful small,
supplier sourcing program, the first thing it takes
is preparation.
By preparation, I mean start by identifying the specifics
items you would like to sell. Shoes, Handbags, Computers
etc.
The second thing you need is a great
communications methodology. Many suppliers around the
world utilize different methods and modes of communication.
Different words mean different things. Clarification
is always necessary when dealing with international
suppliers. Often, suppliers are excellent in manufacturing
but their communications is not always Harvard quality.
You should develop template word documents for yourself
with your company's header and contact information (optional)
in order to send to pre-screen suppliers from international
supplier databases you have choosen.
Thirdly, you should develop a documentation
kit for your yourself. I define a documenation kit as
a consolidation the hundreds or thousands of emails,
text messages, IM messages and writen correspondance
you have with a supplier into a terse, well-written,
one page summary of your business development plans
with them.
Many small business owners in retail
and wholesale trade are inundated decisions about what
to buy, what are the hottest fashion trends, the top
products for the year.
Two ways: Online line forms. Emailing each supplier.
1. Ideal Supplier Communications methodology
2. Documentation Kits Contents
1.
Database of Suppliers ( I use access).
2. Word Document
3. Ebayers
4. Online auctioneers.
Reprinted © 2007 Associated Content,
Inc.
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