FOB and CIF are two most popular Incoterms in international trade industry. However, many new importers do not know which Incoterms to choose when importing goods from China, FOB, or CIF? It is important to know the difference between FOB and CIF. FOB – Free On Board FOB ensure that all obligations relating to costs,… Continue reading Elksourcing：Better to Choose FOB Than CIF When Importing from China
Tag: Elksourcing
Elksourcing：Importance of Registering Trademark in China
In China, trademark is registered on a “first to file” basis. The trademark will be protected for the person who first applies for registration of the trademark. The registration should be considered both by people interested in selling to China and those planning to import goods from China. 1. Who should register a trademark in China?… Continue reading Elksourcing：Importance of Registering Trademark in China
Elksourcing：Tips about Negotiations with Chinese Companies
Before you negotiate with Chinese companies, knowing what is considered good manners and respecting their partners is particularly important. Communication etiquette is always a feature which differentiated one culture from another, it’s especially important in China. 1). Must-do preparation steps Before you start any negotiations, you should prepare in advance. The first important stage is… Continue reading Elksourcing：Tips about Negotiations with Chinese Companies
Elksourcing：Key Process about Quality Control and Improvement
As learned from 20-year experience in quality management, I’d like to share with you the process about quality control and improvement. 1. Know customers’ expectations What markets do you sell to, in what distribution channels? Knowing your customers and end-users will help you answer these questions: A. What is critical to quality? What is a must-have?… Continue reading Elksourcing：Key Process about Quality Control and Improvement
Elksourcing：Buy High-Quality Low-Price Products from China, Is It Possible?
It’s always a target to buy high-quality low-price products from China, choosing good quality product requires you to determine the product you are going to get. You should know what you need and for how long you need it. Also, you need to compare various options to get the cheapest possible products at the certain… Continue reading Elksourcing：Buy High-Quality Low-Price Products from China, Is It Possible?
Elksourcing：Common Misunderstandings about International Sourcing
International sourcing is a significant activity in today’s business scenario. It involves identifying products and processes for procuring from an international supplier. However, there are some common misunderstandings about international sourcing. 1. Approaching a good supplier is the only path to successful sourcing Many business owners have the misconception that products can be procured successfully, only… Continue reading Elksourcing：Common Misunderstandings about International Sourcing
Elksourcing：Benefits and Obstacles of Sourcing in China
The economic and industrial sector of China has undergone rapid transformations owing to the favorable trade laws initiated by the Chinese Government. This is one of the reasons why marketers are choosing China when it comes to sourcing operations. Sourcing in China has the following benefits: 1). Low production cost This is one of the… Continue reading Elksourcing：Benefits and Obstacles of Sourcing in China
Elksourcing：Mistakes to Avoid When Sourcing in China
China is the hottest place to source various products from. If you are sourcing in China, there are a few mistakes that you need to avoid. 1). Lack of Effective Planning: When choosing an agent for global sourcing services, it is essential to be methodical and steadfast from the very beginning. It is advisable to have… Continue reading Elksourcing：Mistakes to Avoid When Sourcing in China