Becoming a Distributor for a Chinese Manufacturer
I wonder if anyone can give me some advice regarding:
- payment terms from customers. These machines are between $40k and $100k. Is it typical for companies to pay in advance for high expense items or would they pay on receipt of the items.
- my intent is to drop ship the items to customers as I do not want to get involved with import issues. I can see no reason to import these items first.
- How can I find out what typical mark-up is for this equipment? Prices are not posted on the net for these machines and so short of approaching competitors as a customer and asking for a quote I'm not sure how I can find out what my competitors are charging.
- and lastly any other relevant advice is greatly appreciated.