This is one thing powersellers have found out the hard way and something that people entering the industry can avoid easily.
If you are willing to absorb the costs of sending products around the country and around the world, launching a DDU policy for your business is recommended.
A DDU policy is the shortened term used to describe delivered duty unpaid. Here, it is where the seller handles all of the costs which are associated from distributing their products, without the buyer having to contribute more money.
Some couriers like UPS can expect the buyers to pay any of the additional taxes and charges which are involved with sending packages internationally.
With some of the buyers unwilling to pay these costs, there can be a lot of inconvenience between the courier, the buyer and the seller. As a result, a UPS account is recommended to boost productivity and limit confusion.
A UPS account can be set up online with minutes, with the system being used as a hub for the distribution stages of a business. A company can organise all of their shipping through this channel, with UPS sending a weekly bill outlining all of the charges which have arisen as a result of the activity of that company. This can result in many advantages, mainly increased customer satisfaction - which can result in repeat trade in the future.
If you analyse the amount of money which you are spending in total on shipping (including taxes, postage and packaging) over a set number of time, you would be able to make an informed decision on how much you are spending on a weekly basis. As a result, you can determine how much you need to invest into your UPS account in order for you to allow the expenditure of your shipping activity to take care of itself.
If your business is growing, placing more money than is necessary into your account could be wise to prevent any unnecessary surprises to your account when you are being debited.
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