My Age of Investment

Chapter 82: shipped

  Chapter 82 Shipped

  Wang Youfu called Xia Jingxing from overseas, saying that all 100,000 T-shirts had been produced and shipped to the port of Magic City, and he was in the process of handling docking, delivery procedures, shipment, export customs clearance and so on with the freight forwarding company.

   "Okay, Boss Wang, you have worked hard this time, and it has saved us a lot of things.

  Don’t worry, we will come to you for follow-up cooperation. "

  Xia Jingxing was also very happy on the phone. He was mentally prepared before and went to the factory warehouse to pick up the goods from the freight forwarding company.

  As a result, Boss Wang also provided supporting value-added services.

  Foreign trade cooperation is divided into EXW and FOB.

  If Facebook signs EXW with Fufu Apparel, the delivery will be completed when Fu Apparel delivers the goods to Facebook at its location or other designated locations, such as a factory or warehouse.

  Fufu Clothing is only responsible for the production and packaging of products, and does not handle export customs clearance procedures or load the goods on any means of transportation.

  But when signing the agreement, Wang Youfu called out and signed FOB, and the unit price of the goods remained unchanged at US$2.

  FOB, also known as "free on board price", for transactions conducted at FOB prices, Facebook is only responsible for arranging freight forwarders to dispatch ships to pick up the goods.

  Fufu Clothing needs to load the goods on the vessel designated by the seller at the port of shipment stipulated in the contract and within the stipulated time limit, and also help with export customs clearance procedures.

  So compared to EXW, FOB's product unit price is usually higher, because the factory is not only responsible for production, but also for transporting the goods to the port.

  But Wang Youfu did not increase the price, which is equivalent to giving part of the profit to Facebook.

  On this point, Xia Jingxing watched a lot.

  One hundred thousand pieces of T-shirt, one piece is 180 grams, and even more than two hundred grams if you include the packaging bag.

  One hundred thousand pieces are more than 20 tons, and a large truck runs two to three hundred kilometers.

  There is not much money, the key is to save worry.

  So I feel that boss Wang is pretty good. Although he is good at calculating, he will never lose the chain at critical moments.

  If Tx sells well, maybe there will be opportunities to increase cooperation in the future.

  In fact, Wang Youfu also has his own small abacus. As a boss who is determined to do export business, he did not deliver the goods to the port in the previous foreign trade orders, so the customer has some small opinions.

   Simply, he made a little less money this time, and got the supporting services, so that these overseas bosses could look at his strength and service and win more orders.

  Small profits but quick turnover!

   "Boss Wang, when the goods arrive in California, I will pay you the balance."

  Although the product has been inspected by a third-party quality inspection company, the product is okay, but Xia Jingxing feels that it is still necessary to follow the process.

  Wang Youfu said happily, “This is no problem. If the sales situation is good, Mr. Xia still has to support our little businessman!”

   "Okay, you can rest assured, don't we still have a subsidiary contract? If the sales situation is ideal, 200,000 orders are indispensable."

   "Okay, then I'm waiting for good news!"

  ……

  Hang up Wang Youfu's call, Xia Jingxing got through the freight forwarding company's call again.

  Freight forwarding companies are companies that provide customs clearance, transit, and transit agency services for multiple modes of transportation such as air transportation, railway transportation, and waterway transportation.

  One hundred thousand pieces of T-shirts are worth only 200,000 US dollars. Naturally, it is impossible to choose air transportation with a load of several US dollars per kilogram.

  Even if the air freight is fast, it only takes a few days.

  But after all, the added value of the goods is still too low to be eligible for air transport.

  It’s not expensive by sea, just rent a 40-foot-tall container with more than 20 tons of T-shirt, which is more than eleven meters long, a little more than two meters wide and high, and has a volume of more than sixty cubic meters.

  The price is much cheaper than air freight, it looks like less than ten thousand dollars.

  Transportation time will be a little longer, it looks like more than 20 days to a month.

  In addition, Facebook also bought insurance for 100,000 T-shirts through a freight forwarding company.

  The price is not expensive, 0.4% of the total order price, which is 800 US dollars.

  Because product damage may occur at different stages, many people are involved in the middle, so there is insurance protection, which will help to better share the risks.

  Freight forwarders generally cooperate with insurance brokers, so most forwarders automatically include the option of insurance premiums.

  Xia Jingxing naturally also bought insurance for 100,000 T-shirts. What if the ship sinks at sea?

  Who is it for?

  In addition to spending these money, there is another tariff.

  The tariffs imposed by the United States on Chinese textiles are different in terms of fabrics and styles.

  At this moment, I understand that Wang has not yet started to impose 25% tariffs, and business can still be done. The tax rate of cotton T-shirts is probably between 5% and 10%.

  After a brief conversation with the people of the freight forwarding company, Xia Jingxing also urged the other party to remember to complete the handover procedures with Amazon employees after the goods arrived at the port of San Francisco.

   Facebook is now embracing Amazon’s thick legs, and Xia Jingxing naturally squeezed the wool.

  The school warehouse that John old man gave him was returned by him. After the goods arrived in Hong Kong, Amazon California employees would directly send trucks to the port to load the goods, and then transport them to Amazon's warehouse.

  On Facebook, you only need to be responsible for the online sales and drainage of the online store. The people at Amazon will help complete the complicated tasks such as transportation, warehousing, and delivery.

  After sorting out the work piece by piece, Xia Jingxing has a special sense of fulfillment.

  This kind of struggling life, as well as the control of details, made him seem to have found the feeling of starting a business in his previous life.

  For men, career is the best spring medicine, and the ancients sincerely do not deceive me.

  The mating season of all animals is weak.

  …………

  …………

  Amazon also has a branch in the Silicon Valley next door, where four interns, including Yang Niu and Shen Xinyi, take classes here.

  They use their spare time to participate in several hours of e-commerce training courses every day.

  With the help of Amazon employees, they submitted various procedures and opened a Facebook store, but they have not officially started operations.

  When the class was not available, Xia Jingxing called the five of them to the office of the incubator base, preparing to hold a summary meeting, and test their learning by the way.

  Several people sitting in the office, all carrying notebooks and pens, looking serious.

  Xia Jingxing looked at the crowd, and said, “We will arrive in the U.S. in one month, and then we can officially open.”

   "One more month? How could it be so long?"

  Gorry looked upset, she couldn't wait to open the business.

  I have learned so many e-commerce courses, but they are all on paper. She really wants to fight once.

  Xia Jingxing smiled and said, "The sea transportation is of course slow. Air transportation is too expensive and not very cost-effective.

  Good things are not busy anyway, don't worry, there is a chance for you to display your talents. "

   "Then what are we doing during this month's waiting period? Amazon's course is over in two days."

  Shen Xinyi slowly integrated into the group, and also learned to start asking questions actively.

  Every time Xia Jingxing arranged for her to do what she did, she did what she did. The work attitude was okay, but she didn’t talk much.

  Xia Jingxing also felt this change. He did not get too close to her, nor too alienated. Just the boss’s usual attitude towards the employees, so that everyone is not stressed.

  Looking at Shen Xinyi, Xia Jingxing replied: “Amazon has already passed the communication and will arrange you to practice internships with some of their e-commerce customers.

  To be precise, let you see how the real e-commerce platform sells goods.

  After you go, you must study hard, and don't expose yourself to learn art by stealing the teacher.

  In time, it lasts for half a month. How much you can learn depends on your personal skills. "

   "Then there is still half a month, so what are you doing?"

  Alan, the only boy among the four interns, asked.

   "This question is a good question."

  Xia Jingxing glanced at the crowd, “There is still half a month’s time to find the clubs and organizations of various universities, find the person in charge of the school newspapers and broadcasting clubs, and prepare to give them gifts.”

   "Send T 桖?"

  The black girl Debbie looked worried, “Will they receive gifts and don’t help?”

  "It doesn’t matter. You will attach another letter at that time to seek cooperation. The clothes are for partners, and there will be more gifts for them in the future.

  In short, just express the meaning clearly.

  Received the gift, don’t hesitate to help them.

  Things are not expensive anyway!

  More than 3,000 universities sent out, as long as half, or even one-third of the universities are willing to help, our goal will be achieved.

  It doesn’t matter if I don’t help, as long as I put on my clothes, it is also a "campus walking billboard" for us. "

  Xia Jingxing has considered all kinds of problems and is not afraid of accidents at all.

  A university sends 20 T-shirts, plus various costs are less than $50.

  The sunk cost is not high, it is worth a try.

  (End of this chapter)

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