Business and Finance Corner

Posts Tagged ‘bank’

Online business is now increasingly an option, as capital and operational costs are relatively small. You also are not bound by time and place, so they can do another job without having to wait with the product you are selling.

Since the buyer did not meet directly with you, they must pay the item via bank (wire or via credit card). You also must provide the goods through delivery services. Therefore, banks and freight forwarding companies into two partners who must-have when it pioneered this business. Now, how to determine who is eligible to be this partner?
Bank
There are two methods of payment for online business. First, cash on advance (paid in advance). This means that buyers pay in advance, before the goods are delivered. Both are cash on delivery (payable when goods are received). That is, buyers pay after the goods are shipped. Choose whichever you deem appropriate. However, employers should select an online cash on advanced methods for anticipating the occurrence of fraud. Not until the order has been shipped, but the payment is not received as buyers fled.
Notice your name listed on the site. Must be complete and clear, according to the name listed at the bank. If there is only one mistake in writing the letter, the payment will not be accepted, and this will slow the process of buying and selling transactions.
Avoid using PayPal (credit card transactions using the internet). In addition to often not safe, it is also considered less practical by the buyer.
Delivery service
Select a delivery service company that has a good network all over Indonesia, such as Tiki, DHL, Postal, FedEx, and others.
You’ll also be working with freight forwarding companies to get a special price. Select a delivery service company is also not too far from your home or place of business. This will make it easier when making a delivery of goods. When delivery of goods in progress, you have to keep in touch with the delivery service company. So when the buyer asks things yet to come, you can give a satisfactory answer.
Prices of goods should be adjusted for shipping prices and vice versa. Do not get shipping price far above the price of goods. For example: the price of USD 80 thousand. If a buyer willing to bear the shipping cost, do not be a problem. But if not? You will lose money.