Thread: i love eBay...
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06-12-2008 #8
One thing i have come to realize is that if you do your research right the quality of products from China or Taiwan can be very good.
And you are right, for a UK company to compete with the Ebay chinese sellers is to buy in bulk.
You have to get it in by sea so you have to wait about 10 weeks, and then you get stung with the VAT when you bring it in, so unless you are VAT registered expect to pay £1500 VAT on a £10000 order.
You also pay the duty that can be about another 5%.
The cost to get it from china is not a lot, but you get stung with a lot of customs and port charges, and then a masive charge to get it from the UK port to your address.
This cost from the port is about 4 times the cost from the Chinese port to the UK port. (Go figure)
My last order cost me over £2000 just to clear it from customs.
I get asked all the time to add other products to our range, but we cant afford to spread ourselves too thin, because in this induestry word of mouth is the best advertisement, so we try to stock 90% of what we have in our range, with the other 10% either on the sea or in stock at another company.
Visit Us: www.automationshop.co.uk
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