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![]() ...which have been most helpful.
regards, Adam > Can the info. be tailored to the Aussie > market? > Yes. > Go over to the link Jim posted and have a > read. That's it in a nutshell in Australia > too. Oh sure the departments might go by a > different name, but it's pretty much the > same. > You can find Freight Forwarders online and > in the Yellow pages. They can handle a lot > of the stuff for you. Think of them like the > post office. What would you do to send a > parcel from your place to mine? That's what > the frieght forwarders to. Bless their > hearts. > I imported some stuff from India. The > documents that came with it were quite > similar to what Jim has in his export course > (I was importing they were exporting). So it > is even applicable in India... and they > don't speak English like we do. > Specifics? Like, for this product go here, > for that product go there, kinda specifics? > That's unrealistic. For instance, when I > last chatted with the British Embassey's > trade dept, they gave me the website which > lists all the British companies who desire > exporting because they have something like > 100,000 of them on their list. And they > aren't going to do my research work for me. > And even if they did, can I honestly expect > them to maybe fax or email me info. on say > 100 companies? > Such a book would be forever long. And that > would be for each country. > If you're going to only import after you > have someone who has paid cash upfront, you > will be a long time before importing > anything. > Think about what you would be asking them to > do... pay you money NOW and then wait three > months plus product manufacturing time > before they get what they paid for. > Get a filled out order with a small > downpayment, sure. But total upfront payment > isn't going to happen. > In this regard, take a lesson from the > builders of the new apartment building. The > ones who pre-sell off the plan. Often, the > pre-selling is a condition of the financing > - we will only lend you the money to build > after you have pre-sold X% of the units. It > might not be what the builder wants... but > the availability of the money is the > important thing. SO he builds, pays > interest, and then settles nearly all the > units on the same day - or within a short > period of time depending on how many he > pre-sold. > A variety of products. All related to > electronic stores - the kinds of stuff you > might find in a Jaycar store. > You might ask.... why don't these people > import the stuff themselves? Because they > are retailers. They don't have time to > source a product and muck around with > importing. > Personally, though. I would opt for > exporting. Less headache. Less running > around finding out the legalities of the > product - such as CAS Numbers, and other > maybe prohibited items - and so on. Not to > mention the cash you will be outlaying. Yes > you will get it back if you follow the > advice Jim gave in the report he linked to. > But you still need it to do a deal. And our > weak dollar should make our products more > attractive to overseas buyers. > And along the lines of what Jim wrote... a > company I helped create operations manuals > for used knives in their warehouse imported > from England! > Also, speak with the customs department too. > They do have a wealth of knowledge and can > pretty well tell you what kinds of duty and > tax you will pay on certain items. > With regards to Jim's course... if money is > an issue... and lets face it, our dollar is > pretty well down the crapper when compared > to the rest of the world and US and UK stuff > is like twice as much, and Jim's course > could cost one third of the average Aussie > weekly pay packet... then put away $50 a > month until you have $150A. Then get it. You > would have to wait three months for any > shipment to arrive anyway. > Yes we want to jump in and do a big deal > yesterday. It's exciting thinking about the > possibilities. But it is also fantasy land. > What if I approach 100 stores and they all > buy so much stuff I make $10k from each? > I'll make $1,000,000 (one million dollars) > and be set for life. What if they buy that > much stuff every month? I'll make a million > bucks a month! Woo Hoo! What if they do > better than that? Oh my... my calculator > doesn't go that high. > A dose of reality is... what if no one buys > or all the people who said they would buy > change their mind - even forgoing their > goodwill deposit of a few hundred bucks? How > will I get rid of the product I have just > brought into the country. How will I > survive? Even for the three or four months > it will take to arrive by ship (because ship > is cheaper than air by a mile), while my > money is tied up? > There is lots to consider and go through. > And fantasy in your head is not one of them. > There's a related story on this board - a > search should find it - of Cossman selling > (exporting) railyway bits to South America. > Yet, the company he worked for did not make > any railway bits at all - they just knew a > good source. > Hope this helps as well. > Michael Ross |
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