
COSMO SOURCING BLOG
Guide to Tariffs, Customs, Duty, and Taxes // How to Import your Product Easily
By now, you should know that the US has imposed a 10 -25% tariff on around $550 billion of goods exported from China into the United States. There is a great deal of uncertainty with the tariffs, but we will let you know how to navigate it the best you can. Even before the current trade dispute, buyers still had to pay duties and customs fees on a wide range of products shipped into the United States.
How To Make A Product Specification Sheet For Your FBA Product // Step-By-Step Guide
If you can imagine a product, then there is probably a factory that can build it. China and Vietnam have a seemingly endless number of manufacturers that can make various products. But how do you know that the supplier makes your product exactly as you want? With a well-written product specification sheet. While it takes several steps to make your idea into a product, one of the first things you need to do is create a product specification sheet. Cosmo Sourcing has simplified this process into our simple sourcing, which has four steps: Plan, find, make, and ship.
Incoterms Defined: What does EXW, FCA, FOB, DAP, DAT, DDP, CPT, CIP, CIF, CFR, or FAS Mean?
Are you unsure about the trade terms of Alibaba or Chinese suppliers? Don’t know what the three letters that came with your quote mean? Cosmo has defined the 2010 Incoterms abbreviations, such as FOB, CFR, and DAP, for international trade. Incoterms are international contracts of sale, often called trade terms or shipping terms. Incoterms is short for International Commercial Terms. EXW and FOB are far and away the two most common incoterms. Incoterms are published by the International Chamber of Commerce (ICC), which holds the copyright.
Questions To Ask Alibaba Suppliers // The Best Questions to get the most out of a Supplier
Don’t know what to ask suppliers? What should you know from suppliers before you buy from them? If you’re reading this, we assume you have found suppliers on Alibaba or another website like Global Sources and are now ready to reach out to them. By this point, you should have an extensive list of suppliers. Once you have the suppliers, Now comes the hard part-- talking to them. You must be polite, professional, thorough, and assertive when asking suppliers questions.
Alibaba Alternatives for Vietnam Sourcing // 12+ Sourcing Websites To Find Manufacturers In Vietnam
Are you looking to source products from Vietnam? Not sure who you can trust? Need a Vietnam Sourcing Company to help you out? Please read our guide to learn how!
Vietnam Manufacturing is booming, and finding the right supplier is getting more accessible, but it's not as easy as in China, and there are still several challenges.
What Products are Made in Vietnam // Vietnam Product Manufacturing and Sourcing
Are you looking to source from Vietnam but are unsure what's made there? Want to know more about the manufacturing landscape of Vietnam? We made this guide to understand Vietnam's industry better and be more prepared when you source products from Vietnam. Vietnam is an excellent place to source products, assuming your product can be made here. While Vietnam has a massive industrial base that is still rapidly growing, it still doesn't cover every industry like a particular country to the north.
The Best Alibaba Alternatives List // 50+ Top Product Sourcing Websites Like Alibaba Globally
Are you tired of Sourcing from Alibaba for your FBA Business? If you're sourcing products for Amazon, use this guide to find alternatives to Alibaba for FBA product Sourcing.
Sourcing Alibaba has long been the standard for finding suppliers in China, but that doesn't mean it's the only resource for sourcing products for FBA. When sourcing products, dozens of other websites provide a searchable database of manufacturers and suppliers worldwide.
Incoterms, Shipping, and Trade Terms Defined // FOB, EXW, FCA, CPT, CIP, DDP, etc.
Are you unsure about the trade terms of Alibaba or Chinese suppliers? Don't know what the three letters that came with your quote mean? Cosmo has defined the 2010 Incoterms abbreviations, such as FOB, CFR, and DAP, for international trade.
Vietnam Sourcing Guide // How To Find Suppliers And Manufacturers In Vietnam
Vietnam is quickly emerging out of China's shadow and becoming a primary destination to source products. With the third fastest growing economy in the world and a young yet skilled workforce, it's no wonder that there is a rush to source products in Vietnam.
Alibaba Scams And Fraud Guide // How To Avoid Getting Ripped Off When FBA Sourcing
Are you afraid of getting ripped off when FBA Sourcing from China, Vietnam, or Beyond? Want to know which suppliers are legitimate on Alibaba? Here's our guide to common Scams on Alibaba and ways to become an expert when buying from Vietnam, China, and beyond.
How to Source On Alibaba And Sell On Amazon FBA // A Step-by-Step Guide
If you've been looking at starting an FBA business, you almost certainly have come across Alibaba. Alibaba is a massive Chinese marketplace with millions of sellers and millions of products for sale in any quantity. Sourcing a product on Alibaba and selling it on Amazon is one of the most popular methods to do FBA, and it's a great place to start as a beginner. Check out our low-risk, step-by-step guide to help you get started and save time and money.
Best Ways To Pay A Chinese Supplier Without Getting Scammed Or Paying High Fees
So you’ve found a supplier–now how will you pay them?
Sending thousands of dollars overseas to someone you’ve probably never met can be a scary, if not downright, sketchy step. Though most suppliers in China prefer direct transfers, this is not the safest way. Not to mention, even if you have a trustworthy supplier, you’re likely to drown in fees. Lucky for you, we’ve made hundreds of transactions and tested a dozen different services to determine the best way to save you thousands of dollars on your next purchase.
What is a Sourcing Company? What do Sourcing Companies do?
A Sourcing Company or a sourcing agent helps a company find sources for products and supplies at a low cost and of a certain quality or attributes. Some may represent a few select factories or serve multiple companies. For example, at Cosmo, we have no exclusive contracts and search for the best factories for a company.