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Purchasing Factory Closeouts

Another question from a faithful community member writes: Dear Robert, I met a guy other day who is involved in closeout business from china, India, Bangladesh etc. He told me he gets all closeout offers from different countries. He was reluctant to give away the information,which is understandable. Can you please guide me as to [...]

General Liability Policy Required Before Purchasing

Another member of our community got in contact with me yesterday as she was reviewing the purchase agreement from a direct contact she was about to make a purchase from. All looked good until she came across the insurance requirement. This particular company required that purchasers of liquidation merchandise have a general liability policy in [...]

Documents used to import merchandise

Importing merchandise can be like learning a foreign language. There are several basic terms you must become familiar with if you decide to import merchandise from another country.  The most common import / export documents used are: Trade inquiry-A trade inquiry is a written request by an importer to the exporter for supply of information regarding the [...]

I cannot Import or can I?

Have you thought about importing a product line or a specific product? Did you know that thousands of ebay Power Sellers are reaping great success from going directly to the manufacturer for sourcing  products at rock bottom pricing? This website I am about to share with you will give you the powerful tools necessary to connect [...]

Making Money Importing New or Closeout Merchandise

Tips for New Importers and Exporters U.S. Import Requirements and Contacts Article from www.cbp.gov If you are going to import goods to sell on eBay or from your website, you will want to work with a customs broker. But before calling a customs broker, it helps to become familiar with US Import Regulations. This article [...]

Making Money Exporting Closeouts Part 2

How to Use a Freight Forwarder? Mystified by shipping out of the continental US? What about customs regulations? Merchandise seizures? Destination restrictions? It sounds as though you would benefit tremendously from a Freight Forwarder. An international Freight Forwarder is an agent for the exporter (you) in moving cargo to an overseas destination. These agents are [...]