Quoting from [vutuan]:


Replying to [Vocow]:Dear Mr Vocow, I have also same situation like you and lose some customers in middle east. I think the best way you should set up your own trading company and L/C beneficiary is your own company


Vu Tuan - Vietnam

Mr. Vu, i'm doing business now with Vietnam from the US, just started any advices about import and export..could you email me at Baby_ly@yahoo.com . what is the major issues i need to do this business..... hope to hear from you.

Ly Cao-US

Quoting from [Vocow]:


Hi all,


I am new to this forum, My main role is sourcing agent for buyer in Malaysia. Our company incorporated this year and it is a one man band.


I have a question and it has been bothering for long time in the way how to successfully run the business.

Here is the Scenario: I have a client in Malaysia look to import.

I found a good supplier in UK for them. UK supplier quote me a price and I mark it up 10% then quote to my client. Client accpet the price and sample and ready to go ahead. Now, I would like to secure my 10% commission, but how do I protect my interest? As if I disclose the supplier to the buyer, they may bypass me and make a deal themselves. Please note my name or company name will not appear in any Docs like sales contract, L/C, B/L, Commercial invoice and etc. It is only between supplier and end buyer. On top of that I would only make a deal with the supplier so that my commission is gurranted.


Can any pros advise me the process and things need to be aware of.


Thanks in advance and welcome open discussion.


Regards

Vocow.

no serious buyer will open a tranferable L/C to an agent.

You can secure your provision from the seller side or the buyer side. Anyway both ways are possible. It just depends which one you believe is more capable of paying - I would expect the buyer, but this is up to you.

You can agree on a commission agreement payable after the goods have been shipped or been received by the buyer.

Hi Vocow,

I think it is better if you could ask your customer's to pay for the commission. In that case, you should negotiate with your customer in advance about the commission. Also you should quote the prices to your customer directly. I think trust is the most important for Agent sourcing.

Best Regards

Chilli He

GFG LIGHTING

 

Quoting from [Vocow]:


Hi all,


I am new to this forum, My main role is sourcing agent for buyer in Malaysia. Our company incorporated this year and it is a one man band.


I have a question and it has been bothering for long time in the way how to successfully run the business.

Here is the Scenario: I have a client in Malaysia look to import.

I found a good supplier in UK for them. UK supplier quote me a price and I mark it up 10% then quote to my client. Client accpet the price and sample and ready to go ahead. Now, I would like to secure my 10% commission, but how do I protect my interest? As if I disclose the supplier to the buyer, they may bypass me and make a deal themselves. Please note my name or company name will not appear in any Docs like sales contract, L/C, B/L, Commercial invoice and etc. It is only between supplier and end buyer. On top of that I would only make a deal with the supplier so that my commission is gurranted.


Can any pros advise me the process and things need to be aware of.


Thanks in advance and welcome open discussion.


Regards

Vocow.

hi,my friend

we are one of the biggest shoes and clothing,Jeans , bags wholesaler in china .

In recent years,Our company specialized in product for shoes and clothing and t-shirt  to export to the foreign countries,

such as Nike,polo,a&f, Jordan,Puma, Adidas louis vuitton ,gucci,chanel d&g,dsquared etc.

Quality first, Customer forever, is our persistent motive of success.

Our products are mainly exported to America, Europe, UK, Japan and so on,

all of the world. Since the establishment of our company.

We must prepare the well after receiving the order immediately.

We can assure you of our excellent quality products and best service.

We have wide and good business relations with many shoes and t-shirt and clothing factories here.

We can accept small trial  and bulk orders, even drop shipping business is welcome here;

we have good business relations with express company here, so we can get a competitive price

even for your bulk order here, we have got the stocks here in our warehouse,

so we can ship the goods immediately once we got the confirmation from you.

Kindly let us know your interest and we will send you photo samples and quotations

for you to study.

for price:

we use DHL send to italy 4-7days

Send to Italy:

1 pair shoe: 42EUR

More than 5pairs EUR:36 per pair

More than 10pair,i can 28eur per pair..

more than 50pair i can 20eur per pair.

50-100pair:15eur per pair

Send to uk,USA,Australia,France other country

we use ems:4-7days

1 pair: 30eur

5-8pair:27EUR,8-24pair:18EUR

50-100pair:15eur

PILO t-shart 1 piece 25eur 10piece:15eur

The More pcs the better price.

 If you want to buy please contact me:

my MSN: faddy668@hotmail.com

        duffy566@hotmail.com

My Email: faddy668@hotmail.com  

my website:www.faddy-shop.com

Quoting from [Vocow]:


Hi all,


I am new to this forum, My main role is sourcing agent for buyer in Malaysia. Our company incorporated this year and it is a one man band.


I have a question and it has been bothering for long time in the way how to successfully run the business.

Here is the Scenario: I have a client in Malaysia look to import.

I found a good supplier in UK for them. UK supplier quote me a price and I mark it up 10% then quote to my client. Client accpet the price and sample and ready to go ahead. Now, I would like to secure my 10% commission, but how do I protect my interest? As if I disclose the supplier to the buyer, they may bypass me and make a deal themselves. Please note my name or company name will not appear in any Docs like sales contract, L/C, B/L, Commercial invoice and etc. It is only between supplier and end buyer. On top of that I would only make a deal with the supplier so that my commission is gurranted.


Can any pros advise me the process and things need to be aware of.


Thanks in advance and welcome open discussion.


Regards

Vocow.

Dear Vacow

Acutally a transferable  L/C will not protect you 100%.  The buyer and seller will know each other . The only way you can protect your self is to buy the goods from the seller and sell to your buyer .

You arrange the freight not the buyer . As infomation can leak out

At the end of the day if the buyer wants to by pass you they can .

No agreeement is actually worth the paper it is written on .

Quoting from [Vocow]:


Hi all,


I am new to this forum, My main role is sourcing agent for buyer in Malaysia. Our company incorporated this year and it is a one man band.


I have a question and it has been bothering for long time in the way how to successfully run the business.

Here is the Scenario: I have a client in Malaysia look to import.

I found a good supplier in UK for them. UK supplier quote me a price and I mark it up 10% then quote to my client. Client accpet the price and sample and ready to go ahead. Now, I would like to secure my 10% commission, but how do I protect my interest? As if I disclose the supplier to the buyer, they may bypass me and make a deal themselves. Please note my name or company name will not appear in any Docs like sales contract, L/C, B/L, Commercial invoice and etc. It is only between supplier and end buyer. On top of that I would only make a deal with the supplier so that my commission is gurranted.


Can any pros advise me the process and things need to be aware of.


Thanks in advance and welcome open discussion.


Regards

Vocow.

your advise is highly apreciated.

Quoting from [Vocow]:


Hi all,


I am new to this forum, My main role is sourcing agent for buyer in Malaysia. Our company incorporated this year and it is a one man band.


I have a question and it has been bothering for long time in the way how to successfully run the business.

Here is the Scenario: I have a client in Malaysia look to import.

I found a good supplier in UK for them. UK supplier quote me a price and I mark it up 10% then quote to my client. Client accpet the price and sample and ready to go ahead. Now, I would like to secure my 10% commission, but how do I protect my interest? As if I disclose the supplier to the buyer, they may bypass me and make a deal themselves. Please note my name or company name will not appear in any Docs like sales contract, L/C, B/L, Commercial invoice and etc. It is only between supplier and end buyer. On top of that I would only make a deal with the supplier so that my commission is gurranted.


Can any pros advise me the process and things need to be aware of.


Thanks in advance and welcome open discussion.


Regards

Vocow.

GOOD

i agree better to do all trustful coz not always things the way you plan;

you could have NCND+IMFPA signed by 3 of you and you will be covered completely;

you had to do open business at the first place and sleep tight instead of having these troubles now ;

we had some issues at the beginning of our business to be Middle Man as well but we are learning as anybody else in the world;

and forums like that help a lot

Good Luck , Pals!

Quoting from [curdrice]:

Quoting from [Vocow]:

Before entering into the contract you might have put an agreement with both the buyer and seller your role as an agent with commission:



It is not too late : establish your commission, your work and the demarkation to do your job:

Hi,

I think the best way is to get your 10% commission from the deposit that will be given before the sample and the entire order is made. You can easily do that since many suppliers will require a 30% downpayment and this will ensure that you get your cut.

Since your name will not be in the L/C or any other document, you better talk with your supplier and explain to them your situation regarding this matter.