I've been considering doing the export bracelet agency business recently. I'd like to ask everyone how it is? Is the competition in this industry fierce now? What about the profit margin? What should I pay attention to when doing this business? I have no relevant experience before and don't know where to start. I hope friends with experience can give me some suggestions. Thank you.
The company wants to find an export agency company and asks about the approximate amount of the export agency fee, the charging method, and whether there are any hidden fees. The best answer states that there is no fixed standard for export agency fees. Commonly, it is charged at a ratio of 0.5% - 3% of the cargo value or a fixed fee of 1000 - 5000 yuan per ticket. There may also be customs declaration fees, etc. Regular agencies will explain in advance. When choosing, consider the service and charges comprehensively.
A company plans to delegate export operations to an agent but is confused about whether the principal or the agent should receive the foreign exchange, as well as different operation models and key considerations. The best answer clarifies that typically the agent receives and then transfers funds to the principal per agreement, though direct principal receipt is possible with prior coordination and higher operational capability requirements. Both parties should specify foreign exchange details in the contract to protect rights.
Our company wants to expand into overseas markets. Since we are not familiar with the export process, we are asking whether foreign trade agency export is reliable, if there are any risks and what we need to pay attention to. The best answer says that foreign trade agency export itself is reliable, but it is important to choose a good agent, such as Zhongshitong which is experienced. Although there are benefits like cost savings, there are also risks such as irregular operations and capital safety issues. A detailed contract needs to be signed and regular communication is required to protect rights and interests.
The company intends to carry out agency import and export business and asks about the profit payment method, such as whether it is paid order by order. At the same time, it wants to understand the tax issues when paying the profit and the impact of different payment methods on the subsequent business processes. The best answer points out that the profit payment methods include settlement by order, regular settlement, etc. When paying, attention should be paid to tax issues such as value-added tax and corporate income tax. Different payment methods have different impacts on the business processes, and the choice should be made based on the actual situation.
Our company intends to find an agent to handle export business and wants to know about the tax rate situation of export agency fees. We are asking whether the tax rate is fixed, whether it is calculated based on the full amount or there are deductions, etc. The best answer states that the value-added tax rate for export agency services is generally 6%, and the levy rate for small-scale taxpayers is 3%. The calculation base is usually the full amount of fees, and eligible collection and payment on behalf can be deducted. Additionally, additional taxes and fees need to be considered.
Said that the company has just started doing export business and doesn't know how to find a suitable agent. Hoping that the agent is reliable, professional and charges reasonably, and can handle customs declaration and other matters. The best answer suggests looking for agents through channels such as industry exhibitions, online searches, and industry forums. Examine the agent's qualifications, experience, the level of the service team, and the details of the charges. Professional agents like Zhongshitong will provide transparent quotations.
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Professional consultant answers
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The export bracelet agency has certain potential, but it also faces challenges. In terms of competition, the current jewelry market is quite active. As a common piece of jewelry, bracelets face relatively fierce competition. However, if you can find the right characteristic positioning, such as focusing on a specific style (ethnic style, minimalist style, etc.) or material (sterling silver, jade, etc.), you can also stand out.
In terms of profit margin, it depends on the product cost, selling price and sales volume. Cooperating directly with factories can reduce costs, and profits can be increased through reasonable pricing and expanding sales channels.
For newcomers, first of all, they should have a deep understanding of the target market, including local cultural preferences, consumption habits, etc. Secondly, establish a reliable supply chain to ensure product quality and stable supply. They also need to pay attention to relevant export policies and regulations, such as customs declaration, quarantine and other processes. In conclusion, with sufficient preparations, the export bracelet agency is feasible.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
The export bracelet agency must have good sales channels. Online, you can use cross-border e-commerce platforms, and offline, you can participate in various exhibitions to find customers. The wider the channels, the easier it is to do the business.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
When doing the export bracelet agency, quality control is very crucial. Foreign countries have higher requirements for product quality standards. If there are problems with the products, it will greatly affect the reputation and subsequent business.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
You should have some knowledge of international trade. For example, you should pay attention to exchange rate fluctuations. Otherwise, when settling accounts, if the exchange rate changes, the profit may be affected.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Brand promotion is also important. Creating your own unique brand image can improve product recognition and give you an advantage in the competition.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
It is necessary to understand the popular trends in the target market. Otherwise, if the goods you purchase do not conform to local preferences, they will be difficult to sell.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Maintain a good relationship with suppliers. This can ensure that you can get the goods in time even during the peak season and not delay the business.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
The logistics aspect cannot be ignored. Find a reliable logistics provider to ensure that the goods are delivered to customers on time and safely.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
After-sales service also needs to keep up. Solve customers' problems in time so that there can be repeat customers.