Mini Importation Buinsess 1.3
Payment Method
Depending on your country, there are over 13 methods of payment you can use for your importation business, especially on Aliexpress. Some of the payment channels are
- Alipay
- Master Card
- Visa Card
- Webmoney
- Paypal
- Western Union etc.
- Agent
I will focus on 1 and 2.
Alipay
Alipay is MOST secured means of payment when you are buying from Aliexpress. With this method, your payment will be held in Escrow account i.e. it’s is still with the Aliexpress group and the money would be paid to the supplier after you have confirmed delivery with the right product specifications. If the product is not received at all or not in good condition, you can claim a refund within a specified period of time.
Also, Read About Mini Importation Business 1.0
Also, Read About Mini Importation Business 1.1
Also, Read About Mini Importation 1.2
Shipping Agent
With this method, you will find the product and send the link to your shipping agent who will purchase the product on your behalf while you pay in naira equivalent with a fee.
Product Shipping
There are 3 methods to ship your products
- Free Shipping
- Standard Shipping Company
- Shipping Agent
Free Shipping
If you are making your purchase on some e-commerce platforms such as Aliexpress, Alibaba, Taobao, you can select free shipping if available with your supplier. The hurdle of this is that your shipment might take 3-4 weeks or more.
Standard Shipping Company
Compay such as FedEx, Dhl shipping options is also available. And of course, if you are importing for the purpose of re-selling, this is a NO-NO. It is usually very expensive
Shipping Agents
These are shipping companies that will charge a bearable fee to import your product into the country. The agents charge based on the weight (kg) of your items; that is why it is paramount to watch the weight of your product selections.