First Sale Valuation is a rule that helps U.S. importers reduce customs duties. By assessing the value of goods based on the first sale price rather than the final transaction price, qualifying importers can effectively save costs and enhance market competitiveness.
New eBay sellers are often concerned about the time it takes to make their first sale. This article analyzes the factors influencing sales speed and provides quick strategies for product selection, shipping, pricing, and listing optimization. The aim is to help new sellers achieve sales quickly and overcome the challenge of zero sales. It offers practical advice to accelerate the process and improve the chances of success on the eBay platform for those just starting out in cross-border e-commerce.
The World Customs Organization issued Advisory Opinion 23.1, clarifying that low-price transactions of flash sale goods can be used as a basis for customs valuation, provided they comply with the Valuation Agreement and the transaction is genuine and valid. This opinion guides cross-border e-commerce enterprises in compliant declaration, reduces trade risks, and provides customs authorities with scientific valuation methods, promoting the healthy development of cross-border e-commerce. It emphasizes adherence to existing valuation principles while acknowledging the unique characteristics of flash sales.
The World Customs Organization (WCO) provided technical assistance to the Burkina Faso Customs Administration to support the restoration of its autonomous customs valuation function. The first phase assessment has been completed, with the expert team offering recommendations through diagnostic assessments and collaborative dialogue. These recommendations aim to strengthen risk management, implement post-clearance audits, and enhance the capabilities of valuation officers. The ultimate goal is to build an autonomous and efficient customs valuation system for Burkina Faso.
The World Customs Organization (WCO) and the Japan International Cooperation Agency (JICA) jointly launched the "Master Trainer Programme" to develop customs valuation experts in Pacific Island Countries. This initiative aims to establish a regional training system, enhance customs valuation capabilities, facilitate trade, increase revenue collection, and improve international competitiveness. The first working group activity has been successfully held, laying a solid foundation for future actions.
Ozon has launched a new promotion strategy, automatically adding products with sales records in the past 30 days and sufficient stock to the Hype'n'Vibe mega-sale. Sellers can flexibly adjust participating products, quantities, and discounts. The first automatic addition will take place on July 19th, involving Hits and SUPERhits events. Hot Sale events require manual addition.
This article provides an in-depth analysis of customs valuation challenges, including common causes, response steps, and preventive measures. It emphasizes the importance of actively cooperating with customs investigations, providing sufficient evidence, maintaining communication, and seeking professional assistance. The aim is to help importers effectively address valuation inquiries and ensure smooth customs clearance of goods. By understanding the process and taking proactive steps, importers can minimize delays and potential penalties associated with customs valuation disputes.
This paper delves into the challenges of customs valuation in cross-border e-commerce, highlighting the importance of digital transformation and the necessity of public-private partnerships. By standardizing electronic invoices, promoting electronic payments, and strengthening risk management, the aim is to build a fair, transparent, and efficient cross-border e-commerce trading environment. This will ultimately foster global trade prosperity. The paper argues that digitalization is crucial for addressing valuation complexities and ensuring compliance in the rapidly evolving landscape of cross-border e-commerce.
After Lazada's 8th Anniversary Sale, sellers need to focus on shipping efficiency to ensure SOT (Ship On Time) compliance and avoid order cancellations. This article provides a detailed shipping guide, including adhering to the Latest Ship Date (LSD), allowing sufficient processing time at the sorting center, and optimizing logistics processes. Practical tips are offered to help sellers improve the buyer's shopping experience and maintain a high SOT score on the Lazada platform.
This article delves into the significance of customs valuation and its role in international trade. It offers answers to common questions and relevant links to help businesses better navigate challenges in the international market.
