When it comes to FCA vs. FOB incoterms, you will find fundamental differences in the transportation mode and arrangements, goods delivery, transactions, and risk transfers.So whether you are a buyer or seller, knowing these variations will help you make an ideal shipping agreement that will turn into a profitable trade.Among many, a few of the [...]
CIP incoterms are one of the shipping policies by ICC. So how do they impact the shipping between exporters and importers? Let’s explore the critical details of CIP here.What is CIP?Understanding CIP Incoterms with an ExampleHow Does the Shipping Process Take Place Under CIP?Obligations Related to CIP IncotermsPros and Cons of CIP IncotermsInsurance in CIP [...]
Learning about different shipping rules and regulations can help you in numerous ways as an importer and exporter. Shipping depends on a different set of policies, which are called “Incoterms.” There are different kinds of incoterms, and each one has its own obligations, duties, benefits, and flaws for both parties.So let’s focus on CPT Incoterms [...]
International Commercial Terms (Incoterms) are pre-determined trade terms of ICC (the International Chamber of Commerce) to describe the mode of delivery of goods and the roles of importers and exporters in the process. Both buyers and sellers in the global trading market should acknowledge them during the transaction.As one of the Incoterms, DAT used to be [...]
Screen printing is widely used due to the low cost and vast choice of colors. It’s a common private labeling method. But very few explain “what screen printing is” in a practical way. So, I write today’s article, with a focus on the following 4 aspects.What is Screen Printing?How Much Does Screen Printing Cost?Screen Printing [...]
When you do cross-border business, you cannot avoid international payment transactions. There are so many international payment methods for you to choose from, and you must be confused about how to choose and have trouble with the international payment processes.Don’t worry. This article concludes the process of common international payment methods. We hope it is [...]
Alibaba gold supplier membership has been offline. Now only "verified" and "trade assurance" suppliers can be searched when filtering suppliers on Alibaba. So I explain it in today's article. Let's come to the Table of Contents for a quick glance. Table of ContentsWhat Does Verified Supplier Mean on Alibaba?Are Verified Suppliers Reliable? Can Buyers Trust Them? (Practical [...]
In September 2021, Alibaba withdrew its gold supplier membership. When filtering suppliers, only "verified" and "trade assurance" suppliers can be searched. That is to say, "verified" membership replaces gold suppliers. I guess that is because Alibaba wants to charge more membership fees from suppliers. However, Chinese gold suppliers are still concerned by many buyers. They [...]
If you make international transactions, you may have various international payment methods to choose from so that you would be confused and unsure which is the right one for your business. You must hear about the letter of credit among these payment methods and may be confused about what the L/C is.This article introduces basic [...]
When you check the country of origin label on the products, you may find the label “Made in PRC”. But not everyone is clear about what PRC means. They may have some misconception about it.Actually, these products are manufactured and imported from China. But why are they labeled Made in PRC rather than Made in [...]
