1. Articles in category: Importing For Profit

    1-24 of 356 1 2 3 4 ... 13 14 15 »
    1. What You Should Know Before You Even Start Your Import/Export Business

      What You Should Know Before You Even Start Your Import/Export Business

      We found this article from Finder and thought that we would share it. It's called 7 Tips for Australian Import/Export Businesses.

      It has a great list of things to learn before you even start your import/export business. Here they all are:

      1. Licensing and legal requirements
      2. Learn the logistics
      3. Making overseas payments
      4. Calculate costs
      5. Lock in exchange rates
      6. Open multi-currency accounts
      7. Get expert help and advice

      Take a look at the rest of the article to learn about each of them in-depth...

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    2. Things to Accomplish Before the Peak Season Arrives

      Things to Accomplish Before the Peak Season Arrives

      Peak season is fast approaching. Are you ready for it?

      Here's an interesting article from Tamebay to help us prepare. It's called 9 Peak Season Pitfalls - And How to Avoid Them.

      It shares a fascinating list of things to straighten out before the busiest season of the year starts. Here's the list:

      1. Don't forget to forecast.
      2. Order your inventory now.
      3. Get ready for Brexit.
      4. Stock up on basics.
      5. Know your shopping days.
      6. Don’t let quality slip.
      7. Set your customer expectations.
      8. Automate your Christmas Day.
      9. Plan for January returns.

      To get a clearer picture of how ...

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    3. Etsy Acquires Vintage Musical Instruments Market

      Etsy Acquires Vintage Musical Instruments Market

      Came across this fascinating piece from eCommerce Bytes and it really piqued our interest. It’s titled Etsy Now the Proud Owner of a Second Marketplace: Reverb.

      It shares some intriguing points. Here’s one of them:

      We see a Cloud in Reverb’s future: Etsy moved its own marketplace onto Google Cloud, which allows it to take advantage of Google’s machine learning and analytics, allowing it to launch new experiments particularly within search and discovery. Etsy can now leverage that learning and hope to reap similar rewards.

      If you want more, give the full article a quick read ...

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    4. 5 Myths Prevalent in the Wholesale Sourcing Business

      5 Myths Prevalent in the Wholesale Sourcing Business

      Here's a fascinating article from the Fulltime FBA. It's called Top 5 Wholesale Sourcing Myths for Amazon FBA Seller.

      It shares some insights. Here's a list of all 5:

      1. I need a warehouse before I can do wholesale sourcing.
      2. I need a lot of capital (money) to get into wholesale sourcing.
      3. Wholesale companies won’t sell to me because I’m an Amazon reseller.
      4. Wholesalers always sell at the lowest prices.
      5. It’s hard (impossible?) to find profitable wholesale items.

      Take a look at the rest of this article for a more in-depth look into each one ...

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    5. 300% Increase Vs. Initial Estimates in GST Collected from Australian Imports

      300% Increase Vs. Initial Estimates in GST Collected from Australian Imports

      Australians are hungry for imported goods and that's despite the Australian government imposing GST on items below $1,000. Here's an insightful article on Tamebay about this. It's called Australian Marketplace Imports Tax 300% Bigger Than Expected.

      It shares some really intriguing numbers. Here's one that we thought was insightful:

      Partly the massive tax deluge has come from compliance – eBay, for instance, are automatically adding on GST and collecting it on all marketplace imports to Australia and this must have raised the expected 70% to 75% of sellers dodging the tax. It was only expected that ...

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    6. Direct Marketing Techniques You Can Use Right Now for Your Brand

      Direct Marketing Techniques You Can Use Right Now for Your Brand

      Thought we’d share this fascinating article from the Volusion. It’s titled 7 Examples of Direct Marketing for Ecommerce.

      It offers some thought-provoking perspectives. Here’s one that we thought was interesting:

      In a world dominated by chatbots, emails and text messages, it’s easy to forget about the power of face-to-face selling. In-person selling, however, sets you apart from your competitors and helps you establish a well-known, likable brand.

       To find out more, take a look at the rest of this write-up.

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    7. Chinese Companies Feel the Heat in the Escalating Trade War with US

      Chinese Companies Feel the Heat in the Escalating Trade War with US

      This article from Bloomberg raised burning questions in hour head. The author calls it Walmart’s Supplier Says Chinese Factories in ‘Desperate’ State.

      It offers up some interesting nuggets of wisdom. This one was particularly thought-provoking:

      China will see more factory shutdowns as the trade war that’s roiled the global supply chain exacerbates an exodus, said Spencer Fung, chief executive officer of Li & Fung Ltd. The company, which designs, sources and transports consumer goods from Asia for some of the world’s biggest retailers including Walmart and Nike, is being pushed by American clients to shift production out of ...

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    8. 14 Importing Experts on What Not To Do When Importing from China

      14 Importing Experts on What Not To Do When Importing from China

      China is fast becoming a source of importation products for many businesses around the world. But there is a stigma attached to anything with the label "made in China" partly because of the mistakes importers make when buying goods from there.

      Jing Sourcing talked to 14 experts in trade, finance, and logistics on the common mistakes businesses make when dealing with Chinese products. Here's one I think we all better keep in mind:

      The biggest mistake that I see new e-commerce entrepreneurs make is negotiating heavily on price without taking into account the potential loss of quality. Whenever you ...

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    9. The Birth of C-Commerce

      The Birth of C-Commerce

      Stumbled upon this interesting piece from Capgemini. The author had it titled From E-Commerce to C-Commerce.

      It gives us some fascinating new ideas on the evolution of commerce. This one, in particular, was worth the share:

      We are now in the era of c-commerce: conversational and cognitive commerce. C-commerce is everything that has to do with AI, cognitive, and intelligent improvements to the customer buying experiences.

      Take a look at the rest of the article if you wish to learn more about these interesting new developments.

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    10. How to Handle Wholesale Accounts: From Closing Deals to Fulfilling Orders

      How to Handle Wholesale Accounts: From Closing Deals to Fulfilling Orders

      Thought we'd share this excellent article from the Online Selling Experiment. It's called How to Use Value Props to Get More Wholesale Accounts.

      It shares with us some valuable insights on wholesale accounts. Here's one that we definitely think is worth the share:

      A MAP policy sets a price that you agree (as a seller) not to sell below (usually via forms during account set up).

      The theory is that this protects everyone selling the products to ensure the product is priced as intended and doesn’t lead to undercutting. This helps offline sales as well, and ...

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    11. Safe How to Keep Yourself Secure When Buying or Importing Goods from Alibaba

      Safe How to Keep Yourself Secure When Buying or Importing Goods from Alibaba

      Here's a fascinating article from the ECommerce Platforms. It's called Buying From Alibaba: How to Have a Secure Buying Experience.

      In it, Mark Perry shares some fascinating insights that can potentially help you make a profit. This one's particularly helpful:

      If you’re buying branded items from Alibaba, keep a strict eye on your supplier. Parent companies of branded items have strict distribution policies with their factories in China. So if someone claims that they can export branded items in bulk, it's probably a scam.

      Take a look at the rest of his work for more ...

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    12. Where Does the Liability for Defective Products Lie?

      Where Does the Liability for Defective Products Lie?

      Came across this fascinating piece from Tamebay that thoroughly piqued our interest. The title is Could Responsibility for Defective Products from Chinese Sellers Rest with Marketplaces? and we thought it would be awesome to share it with you.

      Chris Dawson gives us an interesting look. Here’s an excerpt that caught our attention:

      A ruling in a US court has for the first time suggested that Amazon could be responsible for defective products sold by their third-party merchants. This has far-reaching implications as, if upheld, it could ultimately lead to marketplaces being accountable for all products sold on their platforms ...

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    13. Etsy Is Ramping Up Its International Sales

      Etsy Is Ramping Up Its International Sales

      This article from the blogs of Ecommercebytes piqued our curiosity. It's called Etsy Adds Features and Promises More International Marketing.

      It offers up some interesting details. It reads:

      In August, we’ll be expanding the sales and coupons tool with new functionality that’ll allow you to set a country-specific sale, making it easy for you to offer sales for different buyers in different countries

      Check out the rest of this article from the website linked below…

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    14. China Offers Opportunity for Non-US Countries

      China Offers Opportunity for Non-US Countries

      Thought we’d share this fascinating article from CNBC. It’s titled China is Lowering Tariffs on Other Countries Amid Trade War with the US.

      It offers some thought-provoking news. Here’s one that we thought was particularly interesting:

      As Beijing has raised duties on American exports in response to U.S. tariffs, it has lowered trade barriers for other countries, according to an analysis by the Peterson Institute for International Economics.

      To find out more, take a look at the rest of this write-up...

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    15. The Supply-Chain Needs to Evolve

      The Supply-Chain Needs to Evolve

      Here's an engaging piece from the Business Insider. It's called How 3PL Providers Can Thrive in Light of Their Changing Relationship with Retail Partners.

      It offers some excellent insights. Here's one of them:

      Both 4PL providers and in-house supply chain management teams need to get comfortable collaborating with longtime competitors if they are to thrive in the managed supply chain environment.

      To learn more about the evolving supply-chain, check out the rest of this fascinating article...

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      Mentions: relationships
    16. The Online Shopping Craze May Have Already Reached its Peak

      The Online Shopping Craze May Have Already Reached its Peak

      Came across this article from Phys.org and thought immediately that it is an important read. It's called Online Shopping: Why Its Unstoppable Growth May Be Coming to an End.

      It shares some fascinating insights. Here's one of the them:

      Many e-commerce activities are, in fact, unprofitable; if people had to pay the true cost of what they bought online, they would probably buy less. In fact, we think there is an inflection point approaching, when consumers will either have to pay more for online purchases or end up with fewer products and services to choose from.

      Check ...

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      Mentions: relationships
    17. What You Need To Know About Importing Electronics From Chinese Suppliers

      What You Need To Know About Importing Electronics From Chinese Suppliers

      Have you read this article from Import Dojo? It's called A Beginner's Guide to Importing Electronics from China and we think that it's a must-read.

      It contains a lot of information on the ins and outs of importing from China. Here's one of them:

      One thing that I recommend beginners with electronics is to have the certifications from the supplier verified by a third-party. If you work with a third party inspection company like Asiainspection, TUV, SGS or others they are usually open to check certificates for you. That is if you already do business with ...

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    18. Why You Should Go Wholesale

      Why You Should Go Wholesale

      Here's an interesting article from The Online Selling Experiment blog page that we thought we ought to share. It's called Wholesale Case Study: Why 65% of My FBA Business Now Comes From Wholesale.

      It makes an interesting argument for wholesale. Here's one point that we thought was compelling:

      Whether I am ordering 6 of each item, or 100s of each item, the time it takes to place the order is about the same. The only real change comes into play with how long it takes to prep and ship the items to FBA warehouses.

      Check out the ...

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    19. Simple Steps That'll Refresh Your Brand

      Simple Steps That'll Refresh Your Brand

      Stumbled upon this fascinating article on Octane Blog and thought that it would be perfect to share here. It's called Simple Ways to Refresh Your Brand.

      It shares some great tips on keeping your brand fresh. Here's a thought-provoking idea:

      The line between the online and offline world is blurring as businesses realize they can bring the interactive world of online to their offline marketing.

      Refreshing print materials with this digital element is as simple as adding a QR code or shortened link that encourages viewers to further their experience online.

      It has more tips so do check ...

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      Mentions: Locals paint Design
    20. Going On a Sourcing Journey? Make Sure You Have These in Your Bag for a More Effective Trip

      Going On a Sourcing Journey? Make Sure You Have These in Your Bag for a More Effective Trip

      Thought we'd share this fascinating article from Full Time FBA. It's called The Essential Retail Arbitrage Sourcing Gear List and we thought it would be a great addition to our reading list.

      It has a lot of surprising suggestions. This one, we think, is particularly useful:

      I always carry with me a back-up battery power source that I charge up the night before and can easily use to charge my phone in the store while I continue to scan. I’ve been in a store in the past and watched my battery drain from 90% to 30% after ...

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    21. Import Dojo-Approved Tips on How to Manage Your Inventory

      Import Dojo-Approved Tips on How to Manage Your Inventory

      Found this fascinating article on Import Dojo blog page and we thought it would make a great addition to your reading list as well. It's called Inventory Storage, FBA Prep, & Fulfillment Centers.

      It's got a lot of awesome tips and ideas. Here's one of them.

      Fulfillment centers, prep companies and storage facilities allow you to diversify how you manage your inventory. If you sell on your own ecommerce store or have large/oversize items, a fulfillment center will help you reduce your fees substantially.

      For more context and information, check out the rest of the article at ...

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    22. How the Trade War Might Get Exacerbated by the Pollution Crackdown in China

      How the Trade War Might Get Exacerbated by the Pollution Crackdown in China

      Came across this piece from Money Control and we knew immediately that we had to share it here. It's titled A Pollution Crackdown Compounds Slowdown Woes in China's Heartland.

      It shares a lot of insights that might affect importing businesses. Here's one of them:

      According to interviews with factory and business owners, and consumers and workers across Henan, that crackdown - conducted with often heavy-handed local enforcement - is crippling the economies of towns and cities that depend on polluting industries.

      For more interesting perspectives on this, check out the rest of the article from the link below...

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      Mentions: Locals
    23. Estimating Costs for Your Ecommerce Business

      Estimating Costs for Your Ecommerce Business

      Came across this article from Volusion and thought immediately that we would share it. It's called How to Estimate Your First-Year Ecommerce Costs.

      It has a lot of interesting advice. Here's one of them:

      To give yourself enough of a cushion, assume your actual costs will be higher than the number you have down now. If you don’t end up needing that full buffer, then you’ll end up with extra money to put back into your business at the end of the year. If you do, you’ll be glad it’s there for you.

      For ...

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      Mentions: Home furniture
    24. Smart Marketing Techniques That Will Help You Sell Your Products Like Hotcakes

      Smart Marketing Techniques That Will Help You Sell Your Products Like Hotcakes

      When we read this article at Niche Hacks, we immediately thought that it would be great to share with you here. It's called 5 Time-Tested Ways To Becoming The Smartest Marketer In Your Niche.

      It shares some valuable insights. Here's one of them:

      Niche marketers make money by promoting products that solve the problems of their target audience. Which means that before starting a single promotional activity, or even before selecting a product to promote, you must know the actual needs of your audience.

      For more advice like this, check out the rest of this highly informative article...

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