Monthly Archives: February 2014

Important Considerations for Import of Goods for Your Online Store

imports of goodsThe best way to obtain high quality products in reasonable prices is to import goods. But in order to be successful, there are some of the logistical issues that need to be worked out properly. For importing goods for your online store, you are at first expected to conduct complete inquiry through online trading platform so that any sort of haphazardness can be avoided. Therefore, you have to keep in view the following matters in order to avoid any worse circumstances and cope up with the business requirements in terms of import of goods from overseas for your online store.

Extensive Lead Times
If you want that vendors should start making your products immediately then you are supposed to place an order at first and make a down payment so that they are able to cover the cost of materials needed. You have to wait for about approximately one to four months in order to receive your product depending on the nature of your items. The lead-time typically is of 3 months when an order is placed for online store. Therefore, for this reason you have to make plans for ahead and foresee demands.

Minimum Order
In case the order is placed overseas, then you must place a hefty minimum order for your product. Don’t get embarrass before ordering the minimum number of products as the manufacturer may not produce because everyone has their own limitations and capabilities.

Terms of Payment
Terms of expecting payments are different for every manufacturer. Most of them prefer to get their payment by wire transfer. You are expected to make some down payment at the time of placing order and then pay the balance amount at the time of shipment of your order. For effective payment services, it is necessary that there is mutual trust between your vendor and you otherwise issues can be created which are expected to be handled by the escrow services. Of course, this trust can be created over time.

Barrier of Language
Barrier of language is one of the serious issues faced by many of the vendors and manufacturers. Wholesalers and retailers of Asia are often not very much good in speaking English however, keeping communication along the lines of email could help a lot in reducing this barrier of language because most of the vendors have the ability to read English instead of speaking and understanding it when spoken. Because of language barriers much of the details are left un-understood and hurdles come at the time of delivery.

Dealing with the expected quality would be an issue at the start but at the time, this can be coped up with. Vendors expect to get the quality products and it is the duty of the manufacturer to deliver trustworthy and quality products within the time limit available for them. Variations in quality of the product can prove to be very disastrous for the image of the manufacturer.