How To Export Uk Wholesale Products Overseas

Exporting products is most profitable in Wholesale Business for people who are willing to negotiate and to switch companies or products just to increase the bottom line. Few people get rich by being loyal to a middleman.

In addition, being ignorant of the law is never an excuse for breaking it. Learn about the United Kingdom’s rules on exporting and talk to experts on the subject.

Laws and Agents :

Know the regulations on exporting goods. Attempting to ship products with missing or incomplete documents delays the package. Shipping illegal goods also causes delay and the package may be returned to you with a penalty fee. Learning about the United Kingdom’s laws on exporting goods saves time and money in the long run.

You can hire an agent to handle the paperwork for you. Make sure the agent is well-qualified and has experience with exporting products from the United Kingdom. According to HM Revenue and Customs, you are 100% responsible for the legality and correct classification of your goods. This is true even when an agent is handling everything for you.

Rock Bottom Prices :

When looking for a new item to export, buy direct from the manufacturer whenever possible. “A rock-bottom price will increase the spread of your profit zone, allowing a hefty markup,” says the writer of TradeZone.com. This seems simple enough, but a surprising amount of wholesale companies are just middlemen.

If you notice a lot of people selling an item cheaper than you, you are probably buying from the wrong source. Put more effort into searching for the same product for less money. Once that search hits a dead end, negotiate with the best company for a better price.

Many companies are willing to haggle on price, especially if you order enough goods. The main problem is that most people do not try. Remember that the worst that can happen is they refuse to haggle at all, in which case you have lost nothing.

Drop Shipping :

Drop shipping is a way of selling goods without buying them first. You get orders, then place an order for the company to deliver the goods. The great thing about drop shipping is that it does not require capital to get started. In addition, it can be done internationally; for example, you can drop ship beauty products widely available in the United Kingdom but rare overseas.

According to Dummies.com, creator of the “for dummies” book company, you can stand out by not using the same product images and descriptions as everyone else. Get a sample of the product and take your own photos. Change or add to the description to make it less generic. 

______________________________________________________________________

This post is written by Jamie Scott blogs at CreditDonkey, where business owners can search for the best business credit card for their wholesale exporting business.

Legal considerations while exporting to USA

USA has devised certain procedures which all exporters have to follow. One of these procedures is to ensure that appropriate duties and fees are paid which also includes legal documentation. Getting US export license is a basic requirement for exporters in USA. This procedure may appear complex, but in most of the cases it is a rather simple process. Exporters of USA wholesale products should remember that violation of the Export Administration Regulations (EAR) carry both criminal and civil penalties. Mainly there are two kinds of exporting license, which are General Licenses and Individually Validated Licenses

General License and Individual Validated License
General license is granted to all exporters by the US government who meet certain categories of products. Individually validated license is a specific export license granted to the exporters from the authority of Export Administration Regulations of US government. This license is granted on case-by-case basis on export of some particular products.
It is necessary to determine that what kind of license you need while exporting from USA. This can be only determined by checking the kind of product being exported and its destination. Check the ECCN (Export Control Commodity Number) to determine in which category the particular commodity falls. To avoid any type of confusion, all exporters are always advised to consult US Department of Commerce's Exporter Counseling Division. Remember that if you are looking to trade in USA market then you will have to get a separate license meant for wholesalers.
Taxes and Duties
Always keep in mind that all export products of the US are zero-rated for VAT and there are no additional export taxes. But your product may be liable to import duty and the levels of duty vary for product to product. In order to compete with local suppliers, you will also have to quote a price fully inclusive of all prices. In short there are no additional US taxes which you are liable to pay on export sales.

On other hand if you are looking for opening a local store, or looking to establish your presence in US then you are liable to US taxation. Again if you use a local distributor then the sales of your products will also be subject to sales tax. It is better for every amateur exporter to take advice from any accountant who has experience of US taxes and regulations.

Other Legal Aspects
While doing export business in the USA wholesale market, always remember that all transactions are mainly done on credit. Besides this you should also protect yourself against the risk of non-payments because the processes of payment chasing or legal actions in the US are quite time-consuming and expensive. In order to compete with local traders you will have to do all dealings in Dollars, which means you are at risk if exchange rate fluctuates. Lastly you should always remain careful and product your business intellectual property when trading in the US. It is very important if you want to stop other people from exploiting your ideas and business logo.

Following all these legal considerations an exporter can easily become successful in USA market.

Join Wholesalepages Today for their Special Startup Offer

India - A big player in exporting fashion jewellery wholesale

India is one of the big exporters of wholesale fashion jewelry around the globe with a proven track record of increase in the export figure every year. It exports its fashion jewelry to all the major countries of the world including USA, Canada, Japan, Australia, Germany, France, Singapore, Malaysia, UK, China and many more. Indian bridal costume jewelry is grabbing the attention of the women worldwide due to unique range of designs provided by Indian wholesalers. Silver jewelry of India always remains in great demand. Indian jewelry manufacturers found in Jaipur, Hyderabad, Delhi, Calcutta and Rajasthan manufacture the wholesale fashion jewelry with the touch of their own cultures and traditions providing a wide variety of India wholesale fashion jewelry to be exported in all the regions of the world as per their needs.
India is setting its foot in exporting all types of fashion jewelry of modern and traditional Indian designs liked by everyone. Fashion jewelry in typical Indian colors and materials with the heavy work of gemstones, pearls, diamonds and precious stones is preferred by every woman on engagement and wedding occasions particularly. Due to this huge popularity around the globe India has become one of the biggest players in exporting India wholesale jewelry in worldwide markets. Following are the major features of Indian jewelry wholesale that has made it a top selling country of fashion jewelry in international markets.
Wide Product range:
Indian wholesalers provide a totally unique range of fashion jewelry products that people cannot find in any other state. Styles and the patterns of India wholesale fashion jewelry is unique that reflect its culture from different cities of India. It provides a big range of wholesale fashion jewelry for specific occasions or for general use. It includes extensive range of gold jewelry, silver jewelry, diamond jewelry, antique style jewelry, western style jewelry, typical traditional jewelry or all the latest fashion jewelry items as per the fashion necessity of new generation. These wholesale fashion jewelry items contain multitude of necklaces, earrings, bracelets, anklets, tikas, and rings decorated with rubies, diamonds, pearls, wooden stones, mirror work etc to provide a wide range of jewelry products to enable the importers to choose the right lot which they have been looking for.
Economic range:
Although China is also a good player in exporting wholesale fashion jewelry to other countries but India takes a lead in this industry. This is because it provides wide range of wholesale fashion jewelry at much lower rates. And when it comes to exporting bulk quantities it even costs exporters of India wholesale jewelry market. Though China jewelry is also low in price but the cost is not the only factor, the huge popularity of Indian wholesale jewelry and a complete range of fashion jewelry also contributes to make it one of the biggest players in exporting fashion jewelry wholesale to other countries.
Publicity through T.V shows and festivals:
Indian dramas and television serials are getting very famous among the typical women living in different parts of the world. They are greatly fascinated by the actresses wearing gorgeous jewelry in different designs and patterns and look for the same Indian jewelry in their local markets. This has stirred the interest of the importers from all over the world to stock up Indian wholesale fashion jewelry by directly exporting from India. Besides that, Indian wholesalers participate in various trade shows and fairs to robust Indian Wholesale fashion jewelry. UBM, organizer of the B2B wholesale jewelry has planned to conduct an advertising fair in Mumbai in December 2011. India wholesale suppliers are looking forward to increase their export figures of wholesale jewelry by attracting a lot of trade exhibitors and buyers around the globe.