Intellectual property risk
During Christmas 2015, self-balancing scooters were hot sellers in the European and American markets. However, in January 2016, Amazon and other e-commerce platforms in the United States removed self-balancing scooters from their shelves due to patent disputes. Customers who had already received the goods could also get a full refund on the Amazon platform. Many Amazon sellers in China lost all their money due to patent disputes. Similarly, in 2017, the products of the “Fingertip Monkey” brand were also removed from Amazon due to patent issues and were banned from sale in the European and American markets. When choosing export products, products with patent disputes should be avoided as much as possible to prevent customers from dumping goods and refunding due to patent issues.
Trade measures risk
From June to October 2018, Trump successively imposed tariffs on more than $500 billion worth of Chinese goods. These trade measures have undoubtedly increased the difficulty of exporting for Chinese exporters and reduced profits. Therefore, it is necessary to pay attention to the government policies of the target market. If unfavorable policies appear, it is necessary to adjust the market direction in a timely manner and find new markets. It is also necessary to adjust prices and sales strategies in a timely manner according to policy changes to cope with changes in trade measures.
Transportation Risks
Generally, the transportation time of goods at sea is relatively long. Therefore, accidents may occur during the process of sea transportation, port transfer, dock storage or dock loading and unloading, resulting in the loss of goods. It is necessary to buy relevant insurance for the goods. If there is a loss, you can get compensation from the insurance company to reduce the loss.