This xidio video templates review is one of the most widely misunderstood and misused terms in business. Strictly speaking, adistributor is an importer or seller with exclusive rights allowing him/her to be the one with sole rights toimport and sell a particular product in a certain country or region.Sole distributorships are almost never granted by Chinese manufacturers. Some may tell you that youhave exclusive rights, but unless a carefully constructed contract is signed, such a statement is worthless.Exclusive rights agreements are difficult to enforce, and could result in a big financial commitment onyour part, so it is essential to seek legal advice very early on in your discussions with a supplier. It iscommon for an unscrupulous supplier to offer exclusive distributor rights in order to persuade you toplace a huge initial order.If you want to become a distributor, you must beware of suppliers who may do the same as outlinedabove in the section on agents. Never disclose your customers’ details, and do not give your suppliersany information relating to your market. If they do decide to scrap your agreement, at least they willhave to repeat your hard work and you may be able to find an alternative supplier for your establishedcustomer base.You should also avoid providing any way for your customers to identify your supplier.
This subject is related to the rules and regulations chapter, but I have made xidio video templates reviewa separate matter because itis very important to be sure you remember to deal with standards when they apply to your chosenproducts.You may think that a product is so straight forward that - provided you pay the appropriateCustoms Duty and Sales Tax - that is all you need to think about. But that could lead you into trouble.For example, do you know what the labeling requirements are for your product? Most types ofmerchandise now must show country of origin at least, but some items must have labels of a minimumsize, in a specific location on the item, and with printing of a certain minimum size.Regulations of critical importance also apply regarding safety standards for children’s toys andnightwear, electrical goods, foodstuffs, machinery and others. If you fail to meet these requirements,your goods may be seized at the port of entry, or if they are delivered to you, you may be subject to legalaction for selling them without meeting the relevant regulations and you may be required to undertake acostly recall.
There is a simple solution - Ask a customs broker before you place any orders. In fact I recommendasking before you have paid out your hard earned money to import any samples.The small cost of a broker’s advice could save you thousands of dollars. I have previously mentioned thecomplexity of the rules and regulations in the context of the US Customs and Border ProtectionAgency’s 211 page document designed to be helpful to US importers. You could check all theregulations in your own country for yourself, but you could find that you are spending weeks or evenmonths doing research and study.Remember, customs brokers deal with these regulations on a daily basis and are constantly updatingtheir knowledge. Rules and regulations change with alarming frequency, and brokers often know in
advance when changes are about to come into effect.
Most novice importers take great risks in sourcing goods to import, but there are ways to reduce yourrisks.Never believe the off-the-cuff suggestions you may read on forums. Many posts are made by peoplewith vested interests wanting to profit by you going to the sites they suggest. In most cases therecommendations are made in ignorance of the risks associated with many B2B web portals (sourcingsites) that list suppliers.The majority of sites offering goods from a large number of manufacturers, agents, and wholesalers donot properly screen the businesses that offer goods for sale on their sites. The screening that isperformed by some of the sites who claim to verify suppliers is often completely inadequate.On most of these web portals, you will find a large number of suppliers claiming to be manufacturers,but in reality few of them are genuine manufacturers. A little later I deal with how to tell who really isgenuine. There are quite a number of these B2B sourcing xidio video templates review, as well as countless individual sitesoffering goods for export. I have seen a list of about 3,000 risky sites that were mostly based on bigbrand names. I am unwilling to name some of the big and apparently authentic sites because of the riskof litigation.