case study on negotiation of payment terms in cross-border payment collection

By Ultraman

In cross-border e-commerce B2B small-value transactions, salesmen usually directly include the customary trade terms in the quotation, and TT settlement is the most common method. However, for large-value transactions, salesmen usually have to negotiate the payment method with the customer, and sometimes the customer will take the initiative to propose the payment method they prefer.…

Guidelines for updating product descriptions and features on the Ozon platform

By Ultraman

In the world of e-commerce, a product’s description and features are crucial to attract potential customers and provide product information. On Ozon, a major e-commerce platform in Russia, accurate and attractive product descriptions and detailed product features can significantly improve product visibility and appeal. This article aims to provide a step-by-step guide to help merchants…

Steps to update product rich content on the Ozon platform

By Ultraman

With the rapid development of e-commerce, it is becoming increasingly important for merchants on online platforms to carefully design and update product pages. On Ozon, one of the major e-commerce platforms in Russia, updating the “rich content” of products is the key to increasing product appeal and enhancing customer experience. This article aims to detail…

Writing of payment terms commonly used in cross-border payments

By Ultraman

1.T/T (1) The buyer shall pay the total value to the seller in advance by T/T not laterthan lst Jan. 2019. The commonly used expressions are as follows. (2) The buyer shall pay 40% of the total value as deposit in advance and pay the balance before the dispatching of goods from the factory (3)…

Writing of commonly used foreign trade payment terms

By Ultraman

1.T/T The commonly used expressions are as follows. (1) The buyer shall pay the total value to the seller in advance by T/T not laterthan lst Jan. 2019. (2) The buyer shall pay 40% of the total value as deposit in advance and pay the balance before the dispatching of goods from the factory (3)…

How to effectively change product prices on the Ozon platform

By Ultraman

In an e-commerce environment, product pricing is a key factor that affects sales, profit margins, and market competitiveness. For merchants operating on the Ozon platform, it is crucial to be able to flexibly adjust product prices. Whether it is to respond to market changes, implement promotional strategies, or simply update prices, changing product prices correctly…

How to track foreign trade customers after quotation

By Ultraman

It is normal for customers to spend time considering whether the price is appropriate after the quotation. This period is a sensitive period. It is recommended that salesmen follow up with customers according to the following ideas. Determine the tracking strategy according to the length of time the customer does not reply and the possible…

Classification of payment methods in international trade

By Ultraman

The payment and collection methods used in cross-border e-commerce B2B business are actually the payment and collection methods used in traditional international trade. At present, there are three main methods for payment and collection in international trade, namely remittance, letter of credit and collection. 1. Remittance Remittance is the simplest way for both parties to…

Advantages of FBA Logistics

By Ultraman

With the booming development of global trade, FBA cross-border logistics specifications are rapidly rising and becoming an engine driving global trade reform. This unique logistics model not only provides convenience for sellers, but also causes a storm of change on the global trade stage, redefining supply chain and logistics standards. 1. Standardized warehousing and packaging…

How to deal with bargaining by overseas customers

By Ultraman

After the quotation, some customers may accept the price directly, while others may bargain. In the face of bargaining by customers, how should the salesperson communicate with the customers? There are three strategies: first, no price reduction; second, slight price reduction; third, substantial price reduction. The strategy adopted by the salesperson depends on many factors.…