Tell us what you think! Survey for Sellers , Which do you prefer , T/T at sight or T/T after sight??
  • I prefer T/T at sight
  • I prefer T/T after sight ( please specify the days)
3 8
Survey for Sellers , Which do you prefer , T/T at sight or T/T after sight??
Post 32 of 39
Quoting from [Ranger]:

Quoting from [ranko_ali]:



For T/T at sight , you can receive the money once you submit the documents according to UCP600.





And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.





So , which one you prefer ? T/T at sight or T/T after sight?




Based on this entire survey of those responding upt to the date of this post:

  1. 30% of businesses are interested in long term relationships with customers.
  2. 70% of the business are not nor do they want to grow their businesses
  • Distributors/manufacturers who offer credit to their customers allow their customers to grow, resulting in more and larger orders which in turn allows them to also grow.
  • Distributors/manufacturers that offer only up front immediate payments for goods will have a far harder time in getting and maintaining a customer base due to their lack of flexibility resulting in stagnant or reverse growth potential.

Ranger

Well summarised.

Now, the million dollar question: For new or recent contacts, assuming that "they want to grow" and so offer terms 'after sight', how do the buyer and the seller make sure that neither gets scammed? Remember that risks for the seller are much more when documents are not 'at sight' (i.e. on D/P basis) but 'after sight' (on D/A basis, like 30/60/90 etc.). This issue has been debated and discussed so many times here; but I believe that there cannot be a clear answer to it. What says you?

22 Jul 2008 19:20
Post 33 of 39
Quoting from [zhibaodi920]:

Quoting from [ranko_ali]:



For T/T at sight , you can receive the money once you submit the documents according to UCP600.





And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.





So , which one you prefer ? T/T at sight or T/T after sight?



For new clients, T/T sight is preferrable as it's safer for sellers. Generally, clients can understand and accept T/T sight as payment terms at the very beginning of corporation. Along with the growth of the mutual business, we can consider T/T 30/60 days or even 90 days according to the previous credit record of the clients.

22 Jul 2008 20:36
Post 34 of 39
ahu858
offline
No Company Website yet
Overall Ranking MVP:58 Rank:99,526
Quoting from [ranko_ali]:


For T/T at sight , you can receive the money once you submit the documents according to UCP600.




And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.




So , which one you prefer ? T/T at sight or T/T after sight?



[em19] i prefer  T/T at sight,

  [em7]

23 Jul 2008 02:39
Post 35 of 39
Quoting from [ranko_ali]:


For T/T at sight , you can receive the money once you submit the documents according to UCP600.




And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.




So , which one you prefer ? T/T at sight or T/T after sight?

08 Sep 2008 08:18
Post 36 of 39
Quoting from [Catalyst]:

Quoting from [Ranger]:

Quoting from [ranko_ali]:




For T/T at sight , you can receive the money once you submit the documents according to UCP600.






And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.






So , which one you prefer ? T/T at sight or T/T after sight?





Based on this entire survey of those responding upt to the date of this post:

  1. 30% of businesses are interested in long term relationships with customers.
  2. 70% of the business are not nor do they want to grow their businesses
  • Distributors/manufacturers who offer credit to their customers allow their customers to grow, resulting in more and larger orders which in turn allows them to also grow.
  • Distributors/manufacturers that offer only up front immediate payments for goods will have a far harder time in getting and maintaining a customer base due to their lack of flexibility resulting in stagnant or reverse growth potential.

Ranger

Well summarised.

Now, the million dollar question: For new or recent contacts, assuming that "they want to grow" and so offer terms 'after sight', how do the buyer and the seller make sure that neither gets scammed? Remember that risks for the seller are much more when documents are not 'at sight' (i.e. on D/P basis) but 'after sight' (on D/A basis, like 30/60/90 etc.). This issue has been debated and discussed so many times here; but I believe that there cannot be a clear answer to it. What says you?



if we want to do business in global than at sight is better than after sight,b'cose of fast roration we can develope our business
08 Sep 2008 08:22
Post 37 of 39
Quoting from [ranko_ali]:


For T/T at sight , you can receive the money once you submit the documents according to UCP600.




And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.




So , which one you prefer ? T/T at sight or T/T after sight?


this is obvious  that  sellers always prefer at sight and buyers prefer after sight!!!! [em19]
23 Sep 2008 23:17
Post 38 of 39
bacacar_ilmshuade
offline
No Company Website yet
Overall Ranking MVP:56 Rank:101,896

Sir


Ich bin eine junge ägyptische Provinz Ismailia, die im Bereich der Diesel-Mechanik der Maschinen für Omri und die Arbeit in den Suez-Kanal vor 12 Jahren, die voll und ganz Madny Erfahrung in diesem Bereich


Wird nicht näher auf Sie, weil ich weiß, die Größe und die Verantwortung Mhaglkm


Ich habe eine Änderung der Dampfmaschine und eine Karte Ersatz für Öl-und Schrumpfung seiner Größe und Leistung im Wettbewerb mit Guo für Motoren, die für Öl und Gas aus Divl und Energieerzeugung Motorrad in ein paar Minuten, für Autos und kleine Fahrzeuge und verkürzen die Anhang zu diesem Schreiben erklärt, er hat zu ziehen Taktity in englischer Sprache


Ich hoffe, dass die Aufmerksamkeit und geben mir die Gelegenheit zur Klärung der Interviewer eher ein Projekt, um mich in die Arbeit der Modell-und Patent-und Marketing innerhalb der mächtigsten Industrienationen in der Welt, Deutschland


Ich hoffe, dass ich hatte die Ehre, Sie in der Botschaft und erklärte, die Innovation vor Ihnen, von Angesicht zu Angesicht zu rechtfertigen Msaddakity und ich bin bereit für das Interview zu jeder Zeit


Ich danke Ihnen und immensen Respekt und Vielen Dank, dass Sie Nachrichten an die Leser und mehr gnädig erhalten die Aufmerksamkeit von Ihnen im so Sory, wenn Sie gefunden jede falsche Übersetzung

26 Sep 2008 14:27
Post 39 of 39
bacacar_ilmshuade
offline
No Company Website yet
Overall Ranking MVP:56 Rank:101,896
Quoting from [ranko_ali]:


For T/T at sight , you can receive the money once you submit the documents according to UCP600.




And for T/T after sight , you will receive the money after certain days (30d/60d/90d..) but it would give your customers more clients and gain credibility.




So , which one you prefer ? T/T at sight or T/T after sight?
Sir


Ich bin eine junge ägyptische Provinz Ismailia, die im Bereich der Diesel-Mechanik der Maschinen für Omri und die Arbeit in den Suez-Kanal vor 12 Jahren, die voll und ganz Madny Erfahrung in diesem Bereich


Wird nicht näher auf Sie, weil ich weiß, die Größe und die Verantwortung Mhaglkm


Ich habe eine Änderung der Dampfmaschine und eine Karte Ersatz für Öl-und Schrumpfung seiner Größe und Leistung im Wettbewerb mit Guo für Motoren, die für Öl und Gas aus Divl und Energieerzeugung Motorrad in ein paar Minuten, für Autos und kleine Fahrzeuge und verkürzen die Anhang zu diesem Schreiben erklärt, er hat zu ziehen Taktity in englischer Sprache


Ich hoffe, dass die Aufmerksamkeit und geben mir die Gelegenheit zur Klärung der Interviewer eher ein Projekt, um mich in die Arbeit der Modell-und Patent-und Marketing innerhalb der mächtigsten Industrienationen in der Welt, Deutschland


Ich hoffe, dass ich hatte die Ehre, Sie in der Botschaft und erklärte, die Innovation vor Ihnen, von Angesicht zu Angesicht zu rechtfertigen Msaddakity und ich bin bereit für das Interview zu jeder Zeit


Ich danke Ihnen und immensen Respekt und Vielen Dank, dass Sie Nachrichten an die Leser und mehr gnädig erhalten die Aufmerksamkeit von Ihnen im so Sory, wenn Sie gefunden jede falsche Übersetzung

26 Sep 2008 14:29
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