You’ve Got Help From Importing Expert Brendan Elias

Having An importing business can be very complex, especially if you’re flooded with information and can’t make out which of them are the right ones to apply to your operations. Naturally, you want to be able to get it right most of the time, so it’s imperative that you know the best trade secrets that authorities in the field go by.

When it comes to finding the right information about importing from China, very few can compare to the extensive knowledge that Brendan Elias has. He selflessly shares all the lessons he has learned in his seminars, training courses and articles, all of which are available through the website.

His most lauded provision, the 30-day free video training course, remains to be in demand not only for the effective process he has shared but for the warnings he has issued regarding scammers. The way he focused on the deceptive wholesalers in the importing business has helped many avoid being cheated of their hard-earned investments.

Apart from discussing the modus operandi of certain wholesalers in his video, he has also released a post about the six signs that can help importers determine whether they are dealing with wholesaler crooks or investment predators.

1. Lack of phone etiquette. Legitimate businesses know the importance of creating the right professional impression; they answer calls by introducing themselves and conducting themselves in a very business-like manner. If they answer with a simple “Yes” or “Hello” without mentioning their names or the business’s, that’s a sign that you may be dealing with fakes.

2. Standard procedure and requirements. Bear in mind that during the initial contacts, wholesalers always request for a business license or sales tax ID. Legitimate businesses require these. US sellers desiring to buy from US wholesalers need a tax ID, but if you’re living outside of the US, you no longer need a tax ID. If none is required from you by a wholesaler and if their process is “anything goes,” you better take a step back — they’re either very new in the business or are intentionally not complying with legal policies.

3. Be wary if the prospective wholesalers don’t even offer to show you a product sample – it’s either they don’t have one or they don’t want you inspecting it for quality. When you make a request for product samples, shady wholesalers tend to be suspicious. But usually wholesalers don’t see anything wrong with offering a product sample though it’s typically offered at a higher price.

4. They are not consistent with their payment system, which could mean that they are not fully established yet or they wish for you to resort to an unsecured payment method.

5. Their contact details are not complete. Established businesses provide all the available information on how you can reach them — not just an email address and a mobile phone number. Included in their contact details should be their actual physical address and registered business number.

6. They insist on asking you for upfront payment even if they don’t have stocks on hand. Why would you be required to pay for something that’s not even available? They basically just want to one-up you.

Good thing, Elias came out with this list and thoroughly discusses them in his trainings. With these signs, you can better protect your investment and business operations.

For more guide and tips, check out www.brendaneliasmedia.com

Online Retailing Tips From Import Guru Brendan Elias

By: Jenny Lincoln – Resources from www.brendaneliascoaching.com

Many former employees have found a way out of the rat race by channeling their time, money, effort and passion into building an online store. And while several online retailers have cropped up in the past few years, eBay remains a relevant force in the industry.

Today, the Internet giant generates more than 34 billion USD of income, all from the sale of items ranging from quirky novelties, vintage items, gadgets, clothes and a slew of other merchandise.

Brendan Elias knows this all too well, maintaining an internet-based store on his own. One of the advantages of using eBay as a platform is that first, it is a recognised brand. Second, many online stores may come and go, but eBay has built an infrastructure wherein consumers are protected from fraudulent sellers.

In the US alone, estimates peg the total number of people who solely depend on maintaining an online store to about half a million people. One major reason for this is the minimal amount of money required to get a business up and running. Another major reason is that sellers can have a wide market reach, from the national level and even up to an international domain.

Apart from his experience in running an online store, Elias has earned a Commerce Law Degree from the University of New South Wales. He has also bolstered his degree by studying International Trade Law, Chinese Contract Law and International Copyright Law from some of the prestigious institutions in the world. But at his core, Elias is an entrepreneur, having learned the ropes of the importing business from his father, Nat Elias.

For those eyeing the idea of starting their web-based store, Elias offers the following advice.

First, he advices would-be business owners not to shy away from getting a pulse of the market by browsing through what other sellers are putting out in the market. According to him, it will give entrepreneurs an idea of what the current trends are in the online market eco-system.

Networking also pays great dividends in the virtual realm. According to Elias, it is the policy of web-based shops to prohibit the sale of items listed offline. However, when you have cultivated a relationship with other sellers, you open yourself up to greater opportunities.

Elias warns prospective entrepreneurs to be particularly cautious in sourcing goods and making deals with an overseas supplier. In order to protect your interests, it is important to make sure to review and clarify all communications before forking over your money. Elias advises individuals not to be shy about asking questions should they find something that they do not fully understand. Should you opt for a supplier that advertises products online, you should be prudent enough to verify the seller first, clicking on all the links that are on the supplier’s website. Elias adds that knowing an overseas sellers’ language can prove to be beneficial to a smooth transaction. If you do not know the native language of a seller, a skilled translator will do.

Finally, Elias stresses the need for importers to obey legal requirements. Before importing goods into your country, it is best to research associated fees like duties and tariffs which can compound the costs of the products that you intend to sell.

Let The Import Guru Brendan Elias Guide You Towards The Path To Success

In recent years, online shopping has had a surge in popularity among both consumers and enterprising individuals. For consumers, online shopping affords them the convenience of shopping for an array of goods — from toys to gadgets, from clothing to accessories, and much more. For businessmen, online shopping has provided them a platform to exit the rat race without having to contend with the overhead costs associated with maintaining a traditional brick-and-mortar store.

However, the key to having a successful online store is finding the right supplier. Brendan Elias knows this problem based on first-hand experience.

Unlike Internet entrepreneurs, Elias holds a Commerce Law degree from the University of New South Wales. He is also well versed in the fields of International Trade Law, Chinese Contract Law and International Copyright Law, having honed his expertise from some of the world’s most revered and recognised institutions.

But instead of making a career out of his law education, Elias has chosen to follow the path started by his father, Nat Elias, who is credited for bringing into Australia some of the most sought-after items like Casio and Seiko wristwatches and the Donkey Kong handheld games. Drawing from his education and experience, he utilised the power of the Internet to build for himself an empire selling various goods imported from China and selling them with a 50% to 100% mark-up. How did he do it? By eliminating the middle man.

Now, Elias is offering his expertise for free to those who wish to begin their foray into online selling. As the leading “Import Guru,” Elias now offers prospective entrepreneurs a free way to understand the right way to import goods from China, and at the same time details common pitfalls which he himself has experienced.

Through his seminar, Elias will detail how entrepreneurs can import just about anything from China. First, he tackles the right way of sourcing products, including the right way to approach Chinese factories to elicit immediate response from them. He will also tackle strategies on how to save money, from getting orders built below factory cost to legal loopholes which allow importers to save up to 50% on duties and tariffs.

Whether you are a seasoned importer or new to the game, Elias can provide valuable insight to slash associated expenses and maximise your profit. Take advantage of this free offer as seats are limited to 80 persons only. The first 30 to register will receive a 15-minute phone consultation as a bonus.

Source: www.brendaneliasmedia.com is where you can find helpful tips and guide on how you can achieve success in importing.