Importing Basics – What You Need To Know To Get Started
Youre Already Importing Why Not Get the Benefits?
Everyone knows there are great deals to be found overseas items that can be picked up for a fraction of the cost. But what you may not have considered is that almost everything youre buying domestically has already been imported. Youre just paying a mark-up cost to whomever did the actual importing for you. For retail newcomers, theres nothing wrong with that. But for the established businessperson, importing directly can save a lot of money.
3 Things to Consider When Importing:
1. Your wholesale cost isnt what you pay for an item.
Your wholesale cost is the cumulative total for getting that item to your house, ready to be shipped to your customers. You may be paying fifty cents a vase, but after you pay a Customs broker, import duties, various fees, freight, consolidation, and insurance expenses, your actual cost of goods may be $2.25 each. Look at all your costs before you jump on a deal anything you forget will come out of your profit margin.
2. Youll have to allow significant lead time when placing overseas orders. To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
