2. How to do the import bussiness?
1)Find the products you’re interested in.
2)Establish a relationship with potential suppliers. Select a few potential suppliers to communicate with and discuss the price and trade relationship. Gradually discuss shipping and payment terms. Gather all necessary information to prepare for placing an order.
3)Understand trade terms and use them. Before placing any order, you need to understand and confirm with your suppliers about shippment terms, such as FOB and CIF, as well as payment terms. You can consult an import management company and a freight forwarder for detail break-down on the costs and risks. You can also use an import management company to negotiate the trade terms.
4) Do your homework on compliance issues. You need to understand the relevant import compliance regulations beforehand. It is highly recommended to consult a good customs house broker before placing any order.
5) Select a forwarder and customs house broker. For the first time importer, use more individualized services, because you need more attention than you would expect.
6) Place a trial order with a written purchase order if everything goes well.
7) Appoint an inspection company to check your goods on site in the factory, and give you a detailed report or we can send you the photos when the goods arefinished.
8) Track the transportation and customs clearance. Your forwarder and customs broker should take care of your transportation and customs clearance.
9) Receive the products and you can go to your next step to sell your products and make profit.