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  1. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    That is indeed what I thought too. My order page with the 30% deposit also mentions that it is covered by trade assurance. But, I still decided to go with one of the big 3 inspection companies. I thought that since inspection is so important, I might as well pay more for quality inspection. I...
  2. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    Thank you very much Walter. In that case, if I'm correct it still does not matter whether 1st inspection will be done by the cheaper inspection service or by the big 3. The reason for this is that at the moment I have paid 30% upfront on Alibaba. If I can only apply for Trade Assurance after...
  3. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    How can that be? Trade Assurance is meant for protection after having paid for the order. Or is it different if you place a deposit first and then the full amount after inspection? I have read the Trade Assurance rules but can not remember ever having read that. Care to point me to the relevant...
  4. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    Thank you for the prompt reply! Good idea indeed to ask whether they are willing to pay for the second inspection. And yes, i have warned them about the inspection taking place. I don't understand though. Why would I have to apply for Trade Assurance at the time of placing the order and why...
  5. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    Hello Walter, I am trying to decide on whether it is better to do pre-shipment inspection by one of the 3 big inspection companies (necessary for Trade Assurance application on Alibaba), or the cheaper newer one in your book. The 3 big inspection companies are 50% more expensive. I have...
  6. LPPC

    From Hustle Burnout to Working 10hrs/week and Loving Life

    Very very relatable. I will be following this thread too. Good luck!!
  7. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    If I would inspect the shipment after delivery, then I would have to make extra cost because first it has to be delivered to a place where the inspection company can inspect it (I don't have a warehouse) and then sent to the fulfillmentcenter. Thus I would have to pay for shipping of 30 big...
  8. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    Thank you very much Walter. We have agreed upon 30% payment upfront and the rest after inspection, so that should give some assurance. I will do an inspection by an Alibaba qualified inspection service.
  9. LPPC

    Is it ever possible to work 9-5 as an entrepreneur?

    Good topic. I think for every one it is different but in my case I do less good business when i work more than 4 fully focused hours work per day. If i work more, then i become less happy and thus more fearful, less clarity, less creative and worse at decision making. I think working less might...
  10. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    Hello Walter, Here I am once again. I have some questions regarding an order on Alibaba and I would appreciate it if you could take a look. A) I have created a PO (purchase order) in pdf form where I listed all the details and specs of the product. Can I just send it to the supplier and ask to...
  11. LPPC

    Does offering too many sizes lead to loss of sales?

    Thank you for this constructive critisism, I love it! You are right that I should test things more and stop overcomplicating. I will follow your advice.
  12. LPPC

    Does offering too many sizes lead to loss of sales?

    @Neng Her Yes that is a very good point and I think it even applies to nightlamps. Actually I do have a higher margin and more sales on the bigger sizes. Thanks! @LinorCG Yes PPC testing on Amazon would give very valuable data indeed. Good call. Thank you! @Sanj Modha Nice to have you...
  13. LPPC

    MEETUPS Belgium - 29th of June

    I was really looking forward to joining this meeting, but unfortunately I already made plans to go on a camping trip way before... The trip is on 28th of june until 3rd of July. I'm really bummed. Maybe next time or if somehow the date of the meeting (29th) gets changed. Have fun guys!
  14. LPPC

    GOLD! Sharing my lifetime experience in export/import. Product sourcing specialist.

    Thank you. So I will totally seal the cartons, that is clear. But should the container be completely sealed also or is it better to have some ventilation? If I remember correctly and if I understood it well, you once said that if the outside temperatures are high then we should not have a...
  15. LPPC

    Does offering too many sizes lead to loss of sales?

    Let's say it would be like this: - Extra Small (new addition) : 28 USD - Small: 29 USD -Medium: 34 USD -Large: 35 USD - Extra large (new addition): 40 USD Each would have the same amount of profit. Can you explain why we would want to attract customers to medium and large? You mean that we...
  16. LPPC

    Does offering too many sizes lead to loss of sales?

    Thank you. I am offering 3 choices now and will expand to 5 choices most likely. Will see how it goes.
  17. LPPC

    Does offering too many sizes lead to loss of sales?

    That is very good to know. Although I think there are limits to it, do you agree? I think for example 6 sizes for a night lamp might be overkill. Just a gut feeling. Thank you!
  18. LPPC

    Does offering too many sizes lead to loss of sales?

    Thank you for your input. It makes a lot of sense indeed! The difference in size would not make it bedside lamp vs a standing lamp, it is purely the size of the product. A standing lamp would have a totally different functionality and appearance. Would your viewpoint still be the same knowing...
  19. LPPC

    Does offering too many sizes lead to loss of sales?

    Hi all, I am selling this night lamp on Amazon and it comes in different sizes. Right now I am selling 3 different sizes of it and I was wondering whether it would be wise to add 2 more sizes: one smaller than the smallest right now and one bigger than the biggest I am offering right now...
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