Are you looking to take your business to the next level? Look no further than Indonesia. This Southeast Asian nation is a hidden treasure trove of opportunities for importers. With its rich culture, diverse range of products, and competitive pricing, importing from Indonesia can be a game changer for your business.
From beautifully handcrafted furniture to unique handicrafts, Indonesia offers a wealth of high-quality products that can set your business apart from the competition. The country’s skilled artisans take pride in their craftsmanship, ensuring that every item you import is of superior quality.
But it’s not just the products themselves that make importing from Indonesia a smart move. The country’s strategic location at the crossroads of major trade routes makes it a gateway to the vibrant markets of Southeast Asia. By importing from Indonesia, you can tap into a vast consumer base and expand your reach like never before.
Don’t miss out on the hidden treasures that Indonesia has to offer. Start importing from Indonesia today and watch your business flourish.
Advantages of importing from Indonesia
Indonesia offers a multitude of advantages for businesses looking to import products. First and foremost, the country is known for its high-quality craftsmanship. Skilled artisans take pride in their work, ensuring that every item you import is of superior quality. Whether it’s beautifully handcrafted furniture or unique handicrafts, Indonesian products have a reputation for excellence.
In addition to quality, Indonesia’s strategic location is another advantage. Situated at the crossroads of major trade routes, the country serves as a gateway to the vibrant markets of Southeast Asia. By importing from Indonesia, you can tap into a vast consumer base and expand your reach like never before. This strategic advantage can give your business a competitive edge and open doors to new opportunities.
Furthermore, importing from Indonesia offers cost benefits. The country’s competitive pricing allows you to source products at a more affordable rate compared to other regions. This means higher profit margins for your business. Additionally, Indonesia has a favorable business environment with low import duties and taxes, making it even more attractive for importers.
Overview of Indonesia’s export industry
Indonesia’s export industry is a significant contributor to its economy. The country is known for its diverse range of products, including textiles, furniture, handicrafts, agricultural goods, and more. Indonesian products are sought after worldwide for their unique designs, cultural significance, and excellent quality.
Textiles are a major export from Indonesia, with batik being one of the most iconic and popular textile products. Batik is a traditional Indonesian fabric that is renowned for its intricate patterns and vibrant colors. It is widely used in the fashion industry and has gained international recognition.
Furniture is another key export from Indonesia. The country is known for its exquisite craftsmanship and use of sustainable materials. Indonesian furniture combines traditional techniques with modern designs, resulting in stunning pieces that are both functional and aesthetically pleasing.
Handicrafts are also a significant part of Indonesia’s export industry. From intricately carved wooden sculptures to handwoven baskets and pottery, Indonesian handicrafts showcase the country’s rich cultural heritage and skilled craftsmanship. These unique products have a strong appeal to consumers looking for one-of-a-kind items.
Key products to import from Indonesia
When it comes to importing from Indonesia, several key products have a high demand in the global market. One of these products is furniture. Indonesian furniture is known for its quality, durability, and unique designs. Whether you’re in the business of home decor, hospitality, or retail, importing Indonesian furniture can give your business an edge.
Textiles, particularly batik, are also popular products to import from Indonesia. Batik fabrics can be used in various industries, from fashion to interior design. The intricate patterns and vibrant colors of batik make it a versatile material that appeals to a wide range of consumers.
Handicrafts from Indonesia are another category of products that have a strong appeal. These unique and handcrafted items can add a touch of authenticity and cultural richness to any space. From wooden sculptures to woven baskets, Indonesian handicrafts are sought after for their craftsmanship and cultural significance.
Additionally, Indonesia is known for its agricultural products, including coffee, spices, and tropical fruits. These products are of high quality and have a strong demand in the global market. Importing agricultural goods from Indonesia can give your business access to a wide range of delicious and exotic flavors.
How to find reliable suppliers in Indonesia
Finding reliable suppliers in Indonesia is essential to ensure a smooth importing process and to source high-quality products. Here are a few tips to help you find trustworthy suppliers:
1. Research and due diligence: Conduct thorough research on potential suppliers. Check their reputation, years of experience, and customer reviews. Look for suppliers who have a track record of delivering quality products and maintaining good relationships with their clients.
2. Attend trade shows and exhibitions: Trade shows and exhibitions are great places to connect with Indonesian suppliers. These events offer opportunities to meet suppliers in person, see their products firsthand, and establish direct contacts.
3. Utilize online sourcing platforms: Various online platforms connect buyers with suppliers. These platforms provide a range of options and allow you to communicate directly with potential suppliers. Always verify their credentials and ask for samples before finalizing any deals.
4. Get referrals and recommendations: Reach out to fellow importers or industry professionals who have experience importing from Indonesia. They may be able to recommend reliable suppliers based on their own experiences.
Importing process and regulations in Indonesia
Importing from Indonesia involves navigating through certain processes and regulations. Understanding these requirements is crucial to ensure a smooth importation and compliance with the law. Here’s an overview of the importing process and regulations in Indonesia:
1. Obtain an import license: Before importing any goods, you need to obtain an import license from the Indonesian government. This license is issued by the Ministry of Trade and certifies your eligibility to import specific products.
2. Determine the HS code: The Harmonized System (HS) code is used to classify products for customs purposes. You need to determine the HS code for the products you plan to import. This code helps customs authorities identify the type of goods being imported and apply the appropriate duties and taxes.
3. Understand customs procedures: Familiarize yourself with the customs procedures and requirements for importing goods into Indonesia. This includes documentation, customs valuation, and payment of import duties and taxes. Hiring a customs broker can help simplify this process and ensure compliance.
4. Comply with product standards and certifications: Some products may require specific certifications or comply with certain standards to be imported into Indonesia. Research the regulations and requirements related to your specific products to ensure compliance.
5. Arrange shipping and logistics: Once all the necessary paperwork is in order, you need to arrange shipping and logistics for your imported goods. This includes selecting a freight forwarder, coordinating transportation, and ensuring proper packaging and labeling.
Tips for successful importing from Indonesia
Importing from Indonesia can be a lucrative venture if done right. Here are a few tips to help ensure success:
1. Build strong relationships with suppliers: Establishing a good working relationship with your Indonesian suppliers is crucial. Maintain clear communication, be responsive, and treat them as partners rather than just suppliers. This will help foster trust and ensure a smooth and reliable supply chain.
2. Conduct quality control inspections: Before shipping the products, conduct quality control inspections to ensure they meet your standards and specifications. This can help avoid any surprises or disappointments upon receiving the goods.
3. Invest in branding and marketing: Differentiate your business by investing in branding and marketing efforts. Highlight the unique aspects of Indonesian products and leverage their cultural and artisanal value. This can help attract customers who appreciate the authenticity and craftsmanship of these products.
4. Stay updated on market trends: Keep an eye on market trends and consumer preferences both in your home market and internationally. Being aware of the latest trends can help you stay ahead of the competition and adapt your product offerings accordingly.
Case studies: Successful businesses importing from Indonesia
To understand the true potential of importing from Indonesia, let’s take a look at a few case studies of successful businesses:
1. Case Study 1: A home decor retailer in the United States decided to import Indonesian furniture to diversify their product range. They focused on unique designs and high-quality craftsmanship, which resonated with their target audience. The addition of Indonesian furniture significantly increased their sales and customer base.
2. Case Study 2: An online fashion store in Europe started importing batik fabrics from Indonesia. They positioned themselves as a destination for unique and ethically sourced textiles. By offering a range of batik fabrics, they attracted a niche market of fashion-conscious customers looking for sustainable and culturally rich products.
Challenges and risks of importing from Indonesia
While importing from Indonesia offers numerous advantages, it’s important to be aware of the potential challenges and risks. These can include:
1. Language and cultural barriers: Communication can be a challenge when dealing with Indonesian suppliers, especially if there are language and cultural differences. Establishing clear and effective communication channels is crucial to avoid misunderstandings or delays.
2. Logistics and shipping: Indonesia’s vast archipelago can present logistical challenges, especially when it comes to transportation and shipping. It’s important to work with reliable freight forwarders who have experience in handling shipments to and from Indonesia.
3. Quality control: Ensuring consistent quality control can be a challenge when importing from Indonesia. It’s essential to conduct regular inspections and work closely with suppliers to maintain quality standards.
4. Political and economic stability: Like any country, Indonesia is subject to political and economic changes that can impact the business environment. Stay informed about any potential risks or instability that may affect your import operations.
Conclusion: Is importing from Indonesia right for your business?
Importing from Indonesia can indeed be a game changer for your business. The country’s rich cultural heritage, skilled artisans, and competitive pricing make it an attractive destination for importers. From furniture and textiles to handicrafts and agricultural products, Indonesia offers a diverse range of high-quality products that can set your business apart.
However, it’s important to thoroughly research and understand the importing process, regulations, and challenges associated with importing from Indonesia. By being well-prepared and proactive, you can navigate these challenges and tap into the hidden treasures that Indonesia has to offer.
So, if you’re ready to take your business to new heights, consider importing from Indonesia and unlock a world of opportunities. Start exploring the hidden treasures of Indonesia today and watch your business flourish like never before.
AsiaCommerce Makes it Easy For You
If you plan to import from Indonesia, you should be aware of the procedures and bureaucratic requirements. AsiaCommerce offers an end-to-end import service for a wide variety of items, from medical equipment to cosmetics, food and beverages, and many more.
If you’re interested in importing from Indonesia, visit our service page for more information. Our team will work with you every step of the way, from finding a supplier, shipping door-to-door, and handling import documents to ensure your success in importing from Indonesia.
A new customer comes to your website, finds a product they want at a price they like and adds it to their cart.
They get to the checkout page and then it happens. They get hit with the shipping and handling rates and all of a sudden they start second-guessing their decision to buy.
Suddenly a product they thought had a fair price is starting to seem a little expensive. One of two things happens next. Either they decide to press on despite the increased costs, or they abandon their cart and leave your website disappointed.
So what can you do to influence this decision?
Let’s take a look at some shipping strategies and how you can use them in your business.
Shipping Rates and Abandoned Carts
The real challenge when figuring out your shipping strategy is determining a solution that cuts into your margins as little as possible yet remains attractive to your customers.
And this is something you’re going to want to get right. Studies have shown that shipping and handling fees are the number one factor driving shopping cart abandonment.
With this information in mind, let’s look at the three most common shipping options and the pros and cons of each.
Option 1: Offer Free Shipping
Offering free shipping – usually just for domestic orders – is a sure-fire way to get your customer’s attention, however, depending on your margins, it can also potentially cut into your profits.
That said, the marketing punch that displaying ‘Free Shipping’ on your website provides can be a significant advantage over any competitors that don’t offer the same perk. Deciding to offer free shipping will require you to either absorb the cost or slightly increase your prices to cover it.
You could also try offering free shipping with a minimum order amount or minimum number of items. This should drive up your average order value and help you have more profit dollars to apply the shipping cost against.
Prominently advertising that you offer free shipping can be an effective way to drive up conversion rates. Chubbies offers free shipping on all their shorts (including return shipments) and which they proudly display on their website so customers shopping know that the price they see is the price they pay.
Determining whether to offer free shipping or require a minimum threshold often comes down to your margins and the niche you operate in.
If you offer luxury or handmade, one-of-a-kind items, rolling in an extra percentage for shipping and handling into the cost of your products probably isn’t too much of an issue. However, if you’re in a highly competitive market where both free shipping and the lowest prices are the norms, like refurbished cell phones, for example, marking up your products to cover shipping costs may not the best idea. This is where you have to consider either a different option entirely or absorbing the cost for the shipping on most of your items.
There are, of course, exceptions.
Large or particularly heavy items like full tower PC cases or furniture can cause some problems for your ‘Free Shipping’ promotion. Doing your research and knowing your numbers about things like how much each of your products actually costs to ship, how your competitors handle shipping, and your allowable profit margin can help you make the right decision.
Option 2: Charge What You Get Charged
In some shopping carts, it’s possible to set up real-time shipping quotes – in other words, your customers more or less pay exactly what you would pay to ship your products.
There are always small discrepancies that can happen, of course, but in many cases, you can end up breaking even between the shipping charges you collect and what you ultimately have to pay to ship the package.
Simple Sugars, a store that was recently on Shark Tank, employs this tactic, offering real-time shipping quotes to their customers at checkout. Once a customer gets to the checkout, they select where they want their order shipped to, and the calculator does the rest.
Using a real-time calculator like this can win you a lot of trust with your customers. It shows that you aren’t inflating your quoted shipping fees or raising your item prices to cover the charges.
This strategy doesn’t have the same persuasion power free shipping does but it’s an easy way to make sure that you’re not draining shipping costs out your ears, and that your customers are getting the best deal possible.
This is also a good option to use for heavy or oversized shipments that you simply cannot or do not want to allow to ship out under a free shipping promotion.
Option 3: Offer Flat Rates
Your third option is to offer a flat rate for every package, or flat rates for weight ranges and order totals.
This particular method of charging for shipping requires a bit of preparation as you need to figure out your average cost of shipping a package. This is a best practice you should be doing anyway to make sure that you don’t drastically undercharge or overcharge your customers.
When you hit the right cost, you’ll probably be over – or under – the actual shipping cost by a little, but it should even out in the end.
Truly’s Natural Deodorant takes the flat rate approach, and has a simple $2.99 charge for a single product order.
Angela Collison, the founder of Truly’s says her “main focus in setting up my shipping prices was to make it as inexpensive as possible while still delivering the product in a reasonable amount of time. My products are relatively inexpensive and I don’t think anyone wants to pay as much for shipping as they do for the item ordered. USPS was a good fit for us as they are very affordable for single items and their flat rate priority options allow me to ship out multiple items for one flat rate regardless of the weight. I was able to set up price-based shipping as I have only a few different products, but I am not sure how that would work out for someone who has a large number of products.”
The above quote highlights an important point about the nature of flat rate shipping: figuring out what flat rate works for you, and if you need to do it by order totals or weight ranges will require some testing.
Luckily, USPS does offer a few different sizes of flat rates boxes, and if you have particularly small, but heavy objects, taking advantage of the cost savings from cubic shipping prices can help to bring your flat rates into a comfortable range.
Of course, every business is different and only through testing will you find out what works best for you.
You’ll need to find out the statistics on your products and the best ways to ship them to be able to make the most strategic decision possible. This is where additional apps can help you find information and alternatives (both with shipping carriers and methods) that you may not have had access to previously.
Option 4: Outsource shipping to a third-party logistics provider (3PL)
Outsource part or all of your distribution and fulfillment services to a 3PL. They deliver your products with an out-of-box experience—some 3PLs can even handle returns and provide ePacket tracking.
If you have difficulty with setting shipping strategy for your online store, AsiaCommerce has a service to help you. We can also help you to market and sell your products, both a retail product or a product that needs to be sold in a huge amount. We are making it possible for local business leaders to cooperate with the International global market. Besides export service, we can also help you to import, transport, search for foreign products and handle distribution issues of your company in southeast Asia.
Your business is at the point where it is about to explode. How do you transition from a small shop (fulfilling orders from your basement) to fulfilling orders with major retailers too? What are the biggest pitfalls to watch for?
First of all, congratulations! This is an undeniably big moment, and while it comes with a lot of change, and a lot of hard work, so did getting to this point—that’s worth celebrating.
But OK, you’re here now, and you’re wondering about the hard work part of it.
There’s so many things that change when you go from fulfilling orders yourself, in your own little space, to selling to independent stores, to dealing with big box chains. And speaking of fulfilling orders, that’s the first thing you’ll need to get a handle on as you grow.
Managing your (new) fulfillment process
There’s a lot you need to know about working with big box stores, and working within their systems—but don’t worry, they’ll tell you about it. In detail.
All big box stores have vendor manuals, these things are like 200 pages of guidelines on how they want to receive the product, because these companies are getting the product in from hundreds, if not thousands, of different vendors
When they get a shipment in they want it to all look the same no matter who it’s from. They want the barcode printed and placed like one inch from the top right corner of every box so that when they get it they know exactly where the barcode is going to be
Working within that framework is going to be a major change (and challenge) for anyone who’s used to shipping and fulfilling orders themselves.
Start outsourcing
If you’re at the point of working with major retailers, it’s time to bring in some professional fulfillment support.
You don’t need to become the warehouse logistics expert as well. Found value in outsourcing this. Basically shipped all your goods to a logistics center and then gave them the instructions on where it’s to go, when it was supposed to go, who it was going to, and then they did all the preparation for that shipment properly, so you wouldn’t get any fees.”
Um, fees?! Yeah, large retailers take their fulfillment process seriously, to the point that it will cost you if you’re not compliant.
If you don’t meet their requirements you get dinged. You get fees taken off your invoice. Like, ‘Oh, you put the label in the wrong spot? That’s $200.
You’ll save yourself a lot of time if you focus on your strengths, and don’t try to become a logistics expert on top of everything you’re already doing. And how should you find a fulfillment partner? Dan says it’s all about the legwork.
It’s not hard to do a Google search to find warehouse and logistics or fulfillment centers. Then you just have to interview them and be like, ‘Do you deal with big box store X, Y, Z?’
Getting your legal stuff in order
It’s not just your fulfillment process that needs to change as you grow. You’ll also need to look into legal protections for yourself and your business that might not have been necessary as a smaller shop.
You had to incorporate it because you wanted to separate the business from your personal life now that you’re being exposed to way more customers. If anything goes wrong, you don’t want to be personally liable. Plus, once you realized you were getting way more exposure.
It’s not just your own protection you need to worry about anymore, either, so make sure you read the fine print.
A lot of larger vendors will have specific requirements on how much business insurance you have. You had to up your business insurance because they wanted a certain amount of coverage.”
Managing your cashflow
Cashflow is always going to be a cornerstone of running your business, but it changes pretty drastically when you go from a small shop to working with big businesses.
The other big thing to prepare for is the payment terms. A lot of these big box stores won’t pay you for 60 days after receiving the shipment. Meanwhile, you’ve probably put out all your money 60 days before you deliver the product to them, so you’re out that money for almost 120 days. Cashflow can be a challenge.
Plus, a big order is great for volume, but take cautions that you’ll need to take another look at your numbers when you’re handling large shipments.
Once you’re dealing with these big orders, they’re great, but you have to output so much more because the volume’s so much bigger. Your margins are smaller because you’re dealing with a big box store, and you’re not getting paid for longer. It’s a different game.
If you have difficulty with preparing your store to work with big-box retailers, AsiaCommerce has a service to help you. We can also help you to market and sell your products, both a retail product or a product that needs to be sold in a huge amount. We are making it possible for local business leaders to cooperate with the International global market. Besides export service, we can also help you to import, transport, search for foreign products and handle distribution issues of your company in southeast Asia.
A fulfillment warehouse can help automate and handle the shipping for you. When you choose to work with a fulfillment warehouse, you will store your inventory at one of their warehouses. Depending on their level of integration with your shopping cart, when an order comes in your fulfillment partner will automatically be forwarded the order to pick, pack, and ship the purchase order on your behalf.
There are a number of advantages to using a fulfillment warehouse including:
Cheaper shipping rates. Because fulfillment warehouses ship such large quantities for multiple vendors, they receive cheaper shipping rates. They’re also integrated (usually) with all of the major shipping logistics and 3PL companies, giving you easier access to the widest range of shipping options.
Shorter shipping times. Strategically choosing your fulfillment partner and the warehouse to store your inventory means you can store your inventory closer to the bulk of your customers.
Fulfillment warehouses aren’t for everyone, though. There are several disadvantages as well that you need to consider.
Branding experience. Generally, if you use your packaging presentation as part of your branding experience, like Trunk Club, you’ll be hard-pressed to find a fulfillment warehouse that will work with that level of dedication and customization for your brand.
Additional costs. Although you will likely receive better shipping rates working with a fulfillment partner, there are other rates that need to be paid including what is commonly referred to as ‘pick and pack fees’ as well as warehouse storage fees.
Shipping is a fundamental part of your ecommerce business
Shipping is definitely a challenging aspect for any ecommerce business. Every business will have their own unique challenges they need to work through and overcome to develop the best and most efficient shipping strategy. Like many aspects of building your new ecommerce site, it will take time and tweaking to determine what works best.
Understanding all the variables and evolving your shipping strategy with your growing business is vital to its long term health and success. So once you think you have it figured out, don’t let it go stale. Reevaluate every six months to make sure you’re delivering the absolute best possible service and experience for the best possible price to your customers.
As you can tell by now, shipping can be tough. Deciding what to charge for shipping, then figuring out how you get it to your customer. There are so many decisions to make along the way.
If you have difficulty with packaging and shipping, AsiaCommerce has a service to help you. We can also help you to market and sell your products, both a retail product or a product that needs to be sold in a huge amount. We are making it possible for local business leaders to cooperate with the International global market. Besides export service, we can also help you to import, transport, search for foreign products, and handle distribution issues of your company in southeast Asia.
As the world of ecommerce develops so do the expectations of customers who buy online. Years ago, packaging and shipping was simply a way to receive a product purchased online, but more and more people are looking for shipping, packaging and presentation as part of the ecommerce experience.
This expectation means that for many businesses, outside of selling commodities, competing effectively means going above and beyond to impress customers and exceed their expectations by delivering an experience, not just a product.
Packaging options
Before you can ship your products, you’ll need to package them for safe transport. So what options do you have? There are a few common options for packaging including boxes or envelopes (padded or unpadded). For many businesses and products, you’ll a box as well as some other packaging materials to safely ship your products.
You may also want to try thinking outside of the box (no pun intended) and look at other packaging options. For example, poly mailers can be a great way to mail products that don’t need a lot of structure or cushioning, like clothing.
Poly mailers offer multiple benefits. They’re lightweight, which reduces your shipping costs, and they can adjust to different volumes and weights depending on what’s included in the order. For example, the same size of poly mailer could accommodate one pair of socks, or five, and you wouldn’t be overpaying on packaging weight or dimensions for the single pair.
Keep it light and small
Because the cost of most shipping options is based on size and/or weight, do your best to keep your packaging as small as possible. This will not only help you save on your shipping costs and what your customer paid for shipping, but will also keep packaging costs from eating away your profit margin.
Depending on your business and product line, you may want to consider carrying a variety of package sizes and packaging materials.
Most people would consider the packaging for the product above to be excessive. This is exactly what you’re trying to avoid as it inflates shipping costs dramatically.
Insurance and tracking
Depending on what you’re selling and its value, shipping insurance and tracking can offer a great deal of security. With most carriers, insurance and tracking is relatively inexpensive and provides you recourse should one of your packages get lost or damaged. Some shipping services like UPS and USPS Priority Mail offer complimentary coverage for up to $100, and that coverage can be up to $200 in some cases.
Consider purchasing insurance on big-ticket items so that, in the rare cases when a package does get lost, you’ll be covered. Keep in mind that some shipping services have insurance already built into the price, so consider this when you are comparing various courier prices.
Customs declaration and forms
If you’re shipping outside of your own country, you’ll need to include the proper customs documentation. These are available online through Shopify or at your local post office or shipping retail location. These forms tell the customs officers at the country of import what is in the package, how much it costs, and whether it is a gift or merchandise.
Check with your country’s postal service to find out exactly which forms you’ll need to attach to your package. These forms should be completed honestly and clearly to prevent your package from getting held up in Customs.
Tariffs, taxes and duties
If there are any additional customs fees due when a package reaches its destination, your customer will be responsible for them at the time of delivery. It’s always a good idea to make sure to include this information in your shipping policy page so customers aren’t surprised by unexpected fees.
Here’s an example of how one store prominently displays information regarding additional charges on their shipping policy page to ensure customers are aware of possible charges:
Customs declaration information
For more information on customs declaration and the required forms and policies, please see the resources below:
USPS Customs Information
UPS
DHL Express
If you have difficulty with packaging and shipping, AsiaCommerce has a service to help you. We can also help you to market and sell your products, both a retail product or a product that needs to be sold in a huge amount. We are making it possible for local business leaders to cooperate with the International global market. Besides export service, we can also help you to import, transport, search for foreign products, and handle distribution issues of your company in southeast Asia.
You put a lot of effort into making sure your customers have a great experience. You approve the images, you tweak your store, and you write the emails, all with the goal of leaving your customers happy.
But when it comes to shipping, it can feel like you’re handing your brand over to a stranger.
All shipping couriers base shipping rates on a variety of factors including:
Package size
Package weight
Origin country
Destination country
Plus additional shipping options like tracking and insurance.
It can be difficult to compare services exactly as they all offer slightly different options, and every business will have their own unique variables.
Below we have compiled a list of shipping calculators to some of the largest and most popular shipping couriers so that you can begin comparing pricing and options. If you’re based in the US or Canada, you can pay for USPS, UPS, DHL Express, and Canada Post shipping and receive pre-negotiated rates.
Consider your margins
To be successful at ecommerce, you always need to keep an eye on your profit margins. Because shipping represents a significant expense for ecommerce merchants, if you don’t do your research, you could end up losing money on shipping.
Before you finalize your pricing and strategy for your ecommerce store, you should use a chart like the one below to map out all costs associated with getting your products into your customers’ hands. Many ecommerce entrepreneurs are shocked by how quickly the little charges add up. Don’t get caught in the same trap.
Here’s a quick example of how you could calculate your total price to include the cost of shipping.
Cost of product
$10
Packaging
$0.50
Shipping costs
$7.50
Customs/Duties (if you cover them)
$0.00
Credit card fee
$2.50
Profit margin
50%
Total price
$30.75
If you have difficulty with shipping, AsiaCommerce has a service to help you. We can also help you to market and sell your products, both a retail product or a product that needs to be sold in a huge amount. We are making it possible for local business leaders to cooperate with the International global market. Besides export service, we can also help you to import, transport, search for foreign products, and handle distribution issues of your company in southeast Asia.
