1. Articles in category: Importing For Profit

    1-24 of 327 1 2 3 4 ... 12 13 14 »
    1. Here's How to Make Your Sales Figures Snowball This Q4

      Here's How to Make Your Sales Figures Snowball This Q4

      Full Time FBA has got our attention with this fascinating piece. It’s called The Q4 Snowball - How to Make this the Best Q4 Ever!

      It's got some really interesting perspectives on Q4 sales figures. Here’s one that really grabbed our attention:

      It’s going to be hard work, but it’s worth it. The faster you can source, and the faster you can send your inventory to Amazon, the faster your Q4 snowball will grow.

      Think about how a snowball gains momentum rolling down a snowy mountain. If there is no more snow on the mountainside to ...

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    2. Why Import from Asia

      Why Import from Asia

      ANZ Business Hub has some really interesting ideas for us in this article. It's titled The Benefits, Challenges, and Opportunities of Importing.

      It's a great piece on importing from Asian countries. Here's one insight that's particularly intriguing:

      Economies of scale – with high populations in most Asian countries, there are cost advantages from sourcing your raw materials there if you order in bulk. Wages are also far cheaper (where millions of people are competing for lower paid jobs) than in Australia.

      Give the rest of this remarkable piece of writing a read for more to learn more...

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    3. Tips That Would Help You Close a Profitable Deal With Your Supplier

      Tips That Would Help You Close a Profitable Deal With Your Supplier

      Thought we’d share this fascinating article from Trade Ready, a blog for international trade experts. It’s titled 3 Things You Must Consider Before You Import from Abroad.

      It offers some stimulating ideas. Here’s one that we thought was genuinely noteworthy:

      It should be noted that, in the same way the importer verifies the reliability of the potential foreign supplier, that supplier also investigates the reliability and creditworthiness of the importer.

      Recognizing this fact, the partners can go a long way toward instilling mutual confidence while accelerating the validation process by providing each other with appropriate information and ...

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    4. Pitfalls of the Import and Export Business

      Pitfalls of the Import and Export Business

      Stumbled upon this fascinating article from The Balance and thought that we would share it. Laurel Delaney wrote it and she calls it Common Pitfalls With Importing and Exporting.

      In it, she offers us some enlightened reminders. Here's one that's particularly fascinating:

      On all your international transactions, keep good records for as long as you keep IRS records—from how you declare a good (Harmonized code, for instance) to termination of a transaction whether by email or some other means, to the financing of a deal.

      Give the rest of this piece a read to learn more about ...

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    5. How to Craft Operating Agreements for eCommerce LLC's

      How to Craft Operating Agreements for eCommerce LLC's

      Discovered this interesting piece by Deborah Sweeney that really caught our attention. It’s called What Should Be In Your LLC's Operating Agreement?

      It shares some really fascinating points in writing up an Operating Agreement for your eCommerce LLC. Here’s one that we thought was most interesting:

      Who owns the ecommerce LLC? This section covers ownership rights among all members of the LLC. It also details how profits, losses, and assets are divided accordingly.  

      For example, let’s say that your eCommerce LLC only has one member (or owner). All profits, losses, and assets belong to that member ...

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    6. Why Import from China?

      Why Import from China?

      Found this interesting piece from Bizain that managed catch my attention. It’s called Top 10 Most Profitable Products to Import from China.

      It makes some interesting points. Here’s one of them:

      From the manufacturing point of view, a few advantages enjoyed by China over other countries are:

      • Cheap manual labor
      • Skilled labor
      • Strong government support
      • Good capital base
      • Adequate reserves of rare earth metals
      • Great supply chain ecosystem

      If you want more insight, give the full article a quick read at the website linked below…

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    7. Everything You Need to Know About Export Licenses in China

      Everything You Need to Know About Export Licenses in China

      Found this article from China Importal. It's called China Export Licenses and Permits: A Complete Guide and it really fascinated us.

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

      There are manufacturers, that to this day, lack export licenses. These tend to be smaller manufacturers, without direct exposure to other markets.

      In many cases, they act as specialized subcontractors, only focused on making a certain kind of material, component or processing for a larger – and more export-oriented – manufacturer.

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

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    8. Picking the Right Remote Workers for Your Ecommerce Startup

      Picking the Right Remote Workers for Your Ecommerce Startup

      This article from Volusion's Jared Hecht caught our eye. It's called How to Hire a Remote Team for your Ecommerce Business.

      In it, he shares some valuable nuggets of wisdom. Here's one that we thought was really important:

      By far the biggest challenge when managing remote workers is ensuring you can communicate with them effectively. Your remote employees must have excellent verbal and written communication skills so they can impart their needs, wants, and updates across any platform or medium.

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

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    9. How to Build a Resilient Wholesale Distribution Business

      How to Build a Resilient Wholesale Distribution Business

      This article from The Business Insider caught our attention. The author calls it How to Start a Wholesale Distribution Business.

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

      Many entrepreneurs are finding success by picking up the golden crumbs that are left on the table by the national companies. As distribution has evolved from a local to a regional to a national business, the national companies [can't or don't want to] cost-effectively service certain types of customers. Often, small customers get left behind or are just not [profitable] for large distributors to serve ...

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    10. Blockchain in Importing

      Blockchain in Importing

      Stumbled upon this noteworthy piece from Fresh Fruit Portal and thought that we would share it. It's called Blockchain Incorporated into Argentine Citrus Exports to Secure Traceability.

      It offers us some fascinating ideas. This one was particularly thought-provoking:

      Blockchain technology is used to timestamp interactions between encrypted information. In this context, it provides a system of oversight for fresh citrus exports, of which a majority go to the U.S. 

      This system guarantees that no modifications are made to tracing throughout certification processes. It also secures transactions throughout the exporting process.

      Give the rest of this remarkable piece of ...

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    11. Getting The Best Possible MOQ for your Importing Business

      Getting The Best Possible MOQ for your Importing Business

      Here's a compelling article from the Guided Imports. It's called 10 Strategies to Lower a Factory's Minumum Order Quantities.

      It's got some interesting perspectives. Here’s one that’s particularly thought-provoking:

      Consider ordering from a factory’s excess stock where possible.  When a buyer cancels an order last minute, when a production line is finished behind schedule or does not pass quality control, factories will try to sell the products elsewhere at a lower rate.  MOQ and cost tend to be lower in these scenarios, however special attention must be paid to avoid buying defective products ...

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    12. Getting Around the MOQ

      Getting Around the MOQ

      Now that we're a bit more familiar about the concept of MOQ. Let's try to find out how to get around it.

      Here's an article from Reprice Express that tackles just this subject. It's by Amazon and eBay expert Amanda O'Brien.

      She shares with us some fascinating ideas. This one was particularly thought-provoking:

      Every now and then, due to a cancelled order or simply excess stock, there will be some products that are already made and ready to ship. Most of the time a supplier will be more than happy to sell these to you ...

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    13. Strategies for Boosting Online Sales for the Holidays

      Strategies for Boosting Online Sales for the Holidays

      Here's a compelling article from the Fulltime FBA. It's called My Top 8 Holiday Season Pricing & Sourcing Strategies.

      In it, Stephen Smotherman shares some of his expert observations. Here’s one that’s particularly interesting:

      January is one of the best times to sell on Amazon. People are returning the Christmas gifts they don’t want and will use that money to spend on what they really wanted. People also have Amazon gift cards burning a hole in their pockets. Because of these factors, sales in January can be amazing.

      Have a look at the complete article for ...

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    14. Understanding the Concept of MOQ

      Understanding the Concept of MOQ

      Thought we’d share this fascinating article from My Wife Quit Her Job. It’s titled MOQ Meaning - How to Get Lower Minimum Order Quantities with Suppliers. 

      It offers some interesting ideas. Here’s one that we thought was genuinely noteworthy: 

      When it comes to working with factories, it doesn’t make sense for a manufacturer to produce items for you unless they can make a decent profit on the transaction.

      If you think about a factory as an assembly line, it’s not cost effective for a manufacturer to create a brand new process for your product unless you ...

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    15. Beginner's Guide to Shipping Via Sea Freight

      Beginner's Guide to Shipping Via Sea Freight

      Came across this fascinating piece from BCR Australia and it really piqued our interest. It’s titled How to Import Sea Freight to Australia Like a Pro.

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

      The documentation generally consists of the commercial invoice, the packing list, quarantine packing declaration and the Bill of Lading. Depending on Customs / Quarantine regulations for the particular commodity you would like to ship, e. g. used machinery, additional documents may be required. Your international freight forwarder will be able to advise you on that.

      If you want more information, give the full article ...

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    16. Source Products Without Alibaba With These Simple Steps

      Source Products Without Alibaba With These Simple Steps

      Here's a compelling article from the eComCrew. It's called Where to Find Suppliers Outside of Alibaba.

      In it, Dave Bryant shares some interesting tips on skipping Alibaba when looking for a supplier. Here’s one that’s particularly thought-provoking:

      The biggest advantage to trade shows is that you can find Golden Suppliers–suppliers not advertising on Alibaba. The easiest way to find these suppliers is by visiting trade shows. When you visit trade shows you also get the added benefit that you can immediately build a relationship, rapport, and trust with suppliers. Many suppliers who you meet at ...

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    17. How to Make Sure You Don't Get Scammed Importing with Alibaba

      How to Make Sure You Don't Get Scammed Importing with Alibaba

      Here's a compelling article from the blog, My Wife Quit Her Job. It's called 10 Tips On Importing Alibaba Wholesale Products from China.

      In it, (author) shares some perceptive observations. Here’s one that’s particularly thought-provoking:

      By default, Alibaba will display every single supplier in its database that sells the product you want to source. But many of these listings will be middlemen or individuals trying to make a quick buck and not real companies.

      As a result, the first action you should take is to filter out only verified suppliers (Gold suppliers) and vendors that support ...

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    18. First Hand Experience at Dominating the Importing Scene

      First Hand Experience at Dominating the Importing Scene

      Here's a fascinating article from the Startup Bros. It's called How You Can Make Big Money Importing from China - The Rise and Fall of My Empire. 

      In it, Will Mitchell shares some insightful perspectivesHere’s one that’s particularly thought-provoking: 

      You really want to find a supplier that will do cheap samples, offers PayPal payments (even at an increased rate, use PayPal), and seems to respond to your communications quickly and effectively.

      Have a look at the full article for more of Will's insights here. 

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    19. Reasons for Getting Involved with a Sourcing Agent?

      Reasons for Getting Involved with a Sourcing Agent?

      Here's a fascinating article from the Penlight. It's called Why You Need a Sourcing Agent.

      It has insightful perspectives to glean upon. Here’s one that’s particularly thought-provoking:

      If you do not have the plan to set up sourcing office to manage the operation in China, then a sourcing agent can be your local representation and work closely with your company to research, find, negotiate and manage suppliers in China. They can also assist with market research, quality control, pre-shipment inspection, customs clearance, and supplier network development.

      Have a look at the full article for more of ...

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    20. Things You Need to Know About Grey Market Car Imports

      Things You Need to Know About Grey Market Car Imports

      Stumbled upon this noteworthy piece from The Driven and thought that we would share it. It's called The Pros and Cons of Buying "Grey Imports" such as 30 kWh Nissan Leaf from Japan by Bryce Gatton.

      He shares some interesting perspectives here. This one was particularly thought-provoking:

      Grey imports also have region coded navigation systems that generally cannot be updated with a simple chip change, so you will be stuck with a car that constantly shows you travelling around Tokyo, London, or whatever country the vehicle originated from. It may also have issues with radio frequencies that may/may ...

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    21. Crackdown on Counterfeits in China

      Crackdown on Counterfeits in China

      Thought we'd share this fascinating piece on how counterfeits of Aussie brands are starting to appear in the Chinese market. It's called Chinese Police Seize Fake Aussie Goods.

      It shares an interesting story. Here’s one that we thought was genuinely noteworthy:

      Food fraud is a significant global challenge, particularly with the growing complexity of supply chains. In response, we have created a coordinated, world-leading and robust framework that involves stakeholders from across the supply chain to improve visibility and enhance the confidence of both end consumers and merchants.

      To find out more about these ideas, look into ...

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    22. Some Great Tips to Building a Home-Based Business

      Some Great Tips to Building a Home-Based Business

      If you're building your home-based importing business, here's a fascinating article from Small Business that we think you'd like. It's called How to Start a Home-Based Business.

      In this 2018 blog post, Susan Ward shares some insightful perspectives. Here’s one that’s particularly thought-provoking:

      Once you've chosen a home-based business idea you're passionate about, write a business plan. The research and thinking that you do as you work through the business plan will do more than anything else to ensure that the business you start succeeds.

      And if your business plan shows you ...

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    23. Shopify is Set to Join The Ranks of Amazon and Other Big Online Retail Companies With This Move

      Shopify is Set to Join The Ranks of Amazon and Other Big Online Retail Companies With This Move

      Thought we’d share this fascinating article from Tamebay. It’s called Shopify to Step Up Fulfillment with Acquisition of Warehouse Automation Playet.

      It shares some interesting news. Here’s one point that's particularly noteworthy:

      With the acquisition of 6 River Systems, Shopify will add a team with decades of experience in fulfilment software and robotics, including experienced leaders from Kiva Systems, now Amazon Robotics. Adding 6 River Systems’ cloud-based software and collaborative mobile robots called “Chuck” to the Shopify Fulfillment Network will increase the speed and reliability of warehouse operations, by empowering on-site associates with daily tasks, including ...

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    24. Taking Advantage of a Niche Market

      Taking Advantage of a Niche Market

      Thought we'd share this insightful forum from SaleHoo. It's called Word of the week: Niche Markets.

      It makes some really fascinating points. This one, in particular, is really thought-provoking:

      If you plan to sell School Supplies. You can explore its niches like selling mainly school supplies for Engineering students or Fine Arts students. Or you may also find other niches like catering to grade school pupils therefore, supplying cartoon character designed school supplies. 

      Take a look at the rest of this write-up to learn more about how you can leverage niche markets for your importing business.

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    1-24 of 327 1 2 3 4 ... 12 13 14 »
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