I am now officially a registered seller here

Out of curiosity what do you guys prefer when buying stock from Forum Registered Sellers where the items originate from overseas?

1) Have the products delivered to you directly by air/courier such as DHL/TNT/UPS etc and you handle/pay the associated fees such as duty/vat etc?

2) Deal with a seller who brings the items into the UK, pays the associated fees and sells to you at an all inclusive domestic price (albeit higher to reflect the costs) ?

The method to my madness is I am using my knowledge and direct business relationships in China/Hong Kong for low cost electronic related items that I think will be popular here on the forum (sorry not branded stuff/consoles/phones etc!). These items are not along the lines of my day-to-day core business.

I will sell each item by the carton. So a carton could contain 5, 10, 20, 50, 100 or any combination of the same item. The quantity will vary depending on the product/size/weight of the contents.

An example would be a MP4 Player which may come in a carton of 48pcs. 48pcs would be the MOQ and that can be bought individually by one person or a group buy with one contact/delivery point.

I plan to put a very modest margin on the stock to cover my time, but more so help some of the guys on here (and experienced businessmen/women) to get started buying and selling.

If I ship directly from my office in China I can sell at rock bottom prices. However if buyers don't want the hassle the domestic price has to unfortunately reflect these costs such as warehousing, staff etc. This option is obviously more expensive.

Also and most importantly, my company will fund all purchases so there is no risk whatsoever to the buyer. What does this mean? Well unlike a broker, I will not be using your hard earned cash to initially purchase the stock so if in the highly unlikely event something goes wrong, my money is on the line and not yours!

I know what option I prefer (number 1) but not everyone is happy dealing with the import fees and like the security of stock located domestically.

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Last edited by greedyboy; 10-08-2007 at 05:43 PM.

I would prefer to deal with the factory myself and kept costs low... but this could change depending the type of product.

If i was importing something which could have complications at customs etc.. i would maybe employ a agent or someone with more experience.

I think you could have added the options insted.

1 - import directly yourself / pay all costs - fees and paperwork
2 - use a import / export / sourcing company / import agent
3 - Buy goods already imported wholesale

I am only interested in what buyers here would rather when items are advertised for sell on the forums. I have updated the post to reflect this

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Last edited by greedyboy; 10-08-2007 at 02:44 PM.

Oh i see ! If i was the seller i would rather import the goods, inspect them then ship them out to my customers.

As a customer i guess as long as i knew how much tax to expect then i wouldnt mind.

2 simply because it would be easier for me to do it all.

Originally Posted by adam2007

Oh i see ! If i was the seller i would rather import the goods, inspect them then ship them out to my customers.

As a customer i guess as long as i knew how much tax to expect then i wouldnt mind.

Thanks for your input, I have now updated the original post with more information

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Last edited by greedyboy; 10-08-2007 at 03:08 PM.

I say 1.

If your buying from the UK, chances are the markets already flooded with the product.

Importing via DHL has the advantage of having a few months to pay taxes.

If there was still enough to profit from 2 then i would choose that.

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I would preffer the seller to pay them as if your not brokering the stock should come to you first check it pay the taxs and ship it out to the buyers

Good luck selling here Dean and ill catch up with you on msn soon :niceone:

Originally Posted by JPB

I would preffer the seller to pay them as if your not brokering the stock should come to you first check it pay the taxs and ship it out to the buyers

Good luck selling here Dean and ill catch up with you on msn soon :niceone:

I know how it works . The stock will be QC'd and sent from my office in Shenzhen. Stock is not brokered as I will own the stock.

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