My Age of Investment

Wang Youfu called Xia Jingxing from overseas and said that the production of 100,000 pieces of T-shirts has been completed and shipped to the port of Modu.

"Okay, Boss Wang, you've worked so hard this time and saved us a lot of trouble.

Please rest assured, follow-up cooperation will find you. "

Xia Jingxing was also very happy on the phone. He had been mentally prepared before, and asked a freight forwarding company to go to the factory warehouse to pick up the goods.

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

Foreign trade cooperation is divided into two types: EXW and FOB.

If Facebook and Rich Apparel signed an EXW, that is, when Rich Apparel delivers the goods to Facebook at its location or other designated location, such as a factory or warehouse, the delivery is completed.

Rich Apparel is only responsible for the production and packaging of products, and does not go through export customs clearance procedures or load the goods on any means of transport.

But when the agreement was signed, Wang Youfu came forward and signed the FOB, and the unit price of the goods remained unchanged at 2 US dollars.

FOB, also known as "free on board", is based on FOB transactions, and Facebook is only responsible for arranging freight forwarders to send ships to pick up the goods.

The rich clothing needs to load the goods on the ship designated by the seller at the port of shipment and within the specified time limit specified in the contract, and also help to go through the export customs clearance procedures.

Therefore, the unit price of FOB is usually higher than that of EXW, 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 means he gave some of the profits to Facebook.

Just this point made Xia Jing Xing look at it a lot.

100,000 pieces of T-shirt, one 180 grams, including the packaging bag, it is more than 200 grams.

100,000 pieces are more than 20 tons, and a big truck runs two or three hundred kilometers.

There is not much money, the key is to save a little bit of worry.

So I feel that this boss Wang is not bad. Although he is good at calculating, he will never lose the chain at a critical moment.

If T-powder sells well, there may be opportunities to increase some cooperation efforts in the future.

In fact, Wang Youfu also has his own small abacus. As a boss who is determined to do export trade business, he has not sent the goods to the port in the previous foreign trade orders, and the customers have a little opinion.

Simply, he made a little less money this time, and provided supporting services, so that these overseas bosses could see his strength and services 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 and there is no problem with the product, Xia Jingxing felt that he still had to follow the procedure.

Wang Youfu said cheerfully, "This is no problem. If the sales are good, Mr. Xia will still support our small businessman!"

"Okay, you can rest assured. Don't we still have a subsidiary contract? If the sales are satisfactory, the order of 200,000 pieces will be indispensable."

"Okay, then I'll be waiting for the good news!"

...

After hanging up Wang Youfu's call, Xia Jingxing called the freight forwarding company again.

A freight forwarding company is an enterprise that provides agency services such as customs clearance, transit, and customs transfer in areas with customs at ports or ports, such as air transportation, railway transportation, water transportation and other transportation methods.

100,000 pieces of T-shirts are only worth 200,000 US dollars. Naturally, it is impossible to choose air transportation that costs a few dollars per kilogram.

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

But in the final analysis, the added value of goods is still too low to be eligible for air freight.

Shipping is not expensive, just rent a 40-foot high container for more than 20 tons of T-shelf, more than 11 meters long, a little more than two meters wide and high, and a volume of more than 60 cubic meters.

The price is much cheaper than air freight, less than 10,000 US dollars.

Shipping time will be longer.

From more than 20 days to a month.

In addition, Facebook also bought insurance for 100,000 pieces of 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 the damage to the product may occur at different stages, and many people are involved in the middle, there is insurance coverage, which is conducive to better sharing of risks.

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

Xia Jingxing naturally bought insurance for 100,000 pieces of T-shirts, what if the ship sank at sea?

Who is it?

In addition to spending this money, there is another item that is tariffs.

U.S. tariffs on Chinese textiles vary according to fabrics and styles.

At this moment, I understand that Wang has not yet started to impose a 25% tariff, and the business can still be done. The tax rate of cotton T-powder is about 5% to 10%.

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

Now that Facebook is hugging Amazon's thick legs, Xia Jingxing is naturally trying to lick the wool.

The school warehouse that Old John had granted him was returned by him. After the goods arrived at the port, Amazon employees in California would directly send trucks to the port to load the goods and then transport them into Amazon’s warehouse.

The Facebook side only needs to be responsible for the online sales and drainage of the online store, and Amazon's people will help with the complicated tasks such as transportation, warehousing, and delivery.

After sorting out each piece of work, Xia Jingxing felt a special sense of fulfillment.

This kind of striving life and 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 medicine for spring. The ancients did not deceive me.

The mating season of any animal is weak.

…………

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

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

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

When there was no class, Xia Jingxing called the five of them to the office of the incubation base to hold a summary meeting to test how they had studied.

Several people sat around in the office, all with notebooks and pens, looking serious.

Xia Jingxing looked around the crowd and said, "We will arrive in the United States in one month, and we will be able to officially open for business at that time."

"It's another month? How can it take so long?"

Gao Lili was annoyed, she couldn't wait to start the business.

She has learned so many e-commerce courses, but they are all on paper, and she really wants to do it in practice.

Xia Jingxing said with a smile: "Of course the sea freight is slow, and air freight is too expensive and not very cost-effective.

Anyway, the good things are not busy, don't worry, there are opportunities for you to display your talents. "

"Then what are we doing with this month's waiting period? Amazon's course ends in two days."

Shen Xinyi slowly integrated into the group and learned to ask questions on her own initiative.

In the past, every time Xia Jingxing arranged for her to do what she did, she did what she did, and her work attitude was okay, but she didn't talk much.

Xia Jingxing also felt this change, he was neither too close to her nor too distant, just the boss's usual attitude towards his employees, so that everyone was not under pressure.

Looking at Shen Xinyi, Xia Jingxing replied, "Amazon has already communicated and will arrange you to practice with several 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 reveal that you are here to steal from the teacher to learn art.

In terms of time, for half a month, how much you can learn depends on your personal ability. "

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

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

"That's a good question."

Xia Jingxing glanced around the crowd, "There is still half a month, you go to find me the clubs of various universities, find the leaders of the clubs such as school newspapers and radio, and prepare to give them gifts."

"Send T-shirt?"

The black girl Debbie looked worried, "Will they receive gifts and not help?"

"It doesn't matter, when the time comes, you will attach another letter to seek cooperation. The clothes are given to partners, and more gifts will be given to them in the future.

In short, the meaning is clear.

Accept the gift, help them or not.

It's not expensive anyway!

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

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

Xia Jingxing took all kinds of issues into consideration and was not afraid of any accidents.

A university sent 20 T-shirts, and all costs were less than $50.

The sunk costs are not high and well worth a try.