20+ Questions to Ask Your Supplier While Importing!
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- Опубліковано 28 сер 2020
- This video is a CHECKLIST of questions you must ask your SUPPLIER when IMPORTING!
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ABOUT NISHA MENON:
Nisha Menon reveals her tools, tips & strategies for a smoother road to success. This channel aims to help you build your own business from scratch, using the experience, lessons and pitfalls Nisha has learnt in her 12 years of entrepreneurial life.
Nisha is the Director of NIKASU Foods & founder of JACK & CHILL. NIKASU is a family run business with 2 factories based in India manufacturing Frozen food for over 25 years. She has been managing the UK office since 2008.
She
1) Has been featured in FEMINA magazine & Empowered Magazine.
2) Has contributed to TELEGRAPH newspaper articles
3) Has written review on BBC Dragon's Den episode
4) Was nominated to attend the FORTUNE Most Powerful Women summit in London
5) Was shortlisted 3 times in Croydon Business Awards
5) Gives talks at food exhibitions & seminars
6) Mentors university students & aspiring entrepreneurs
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DISCLAIMER: Any information given on this channel and the videos are for educational/information purposes only.
This description may contain affiliate links to products, I have personally found useful. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support!
#nisha menon #questions to ask supplier
Thanks a tonne for watching! Are there any questions I have not mentioned in the video? Pls COMMENT below ♥️
Medam,
What business do you mainly do
@@keralatruckandbus4056 Food business
Dose anyone need to be an a agency in any way
Super
Straight to the point all your works are. Thank you
Thank you 😊
your video is amazing and helpful. i have learned a lot of things by watching your video.
You are most welcome Shahnewaz. Wish you all the very best!
Good to keep this list. Thanks 👍 hoping to hear these questions soon from some clients. 😜
Haha..Yes Diksha. All the best :-)
Hello ma'am
Nice initiative keep posting
I aspire to start something but am clueless this channel gives a lot of info that is so hard to research..thanks again 😃
Thanks a lot. Really pleased to hear that you found it useful
Thank you Nisha for vital preliminary questions to be asked n keep in mind. Lovely information. Regards
You are most welcome Arvind ☺️
Each video session contained with essential information and we'll explained .
Thank you Balank. Pleased that you found them helpful 😊
Nish g I like you channel. I have subscribed it with first video. Keep it up.
Thank you 😊 🙏
I just subscribed - I don’t live in UK, but in Lithuania and in a way, this helps me too.
Thanks a lot 😊
since you made this video of questions to ask your supplier, can you make a video about what questions to ask your buyer?
thank you. you are doing a good job. i appreciate these videos, they educational, informational and just glad to have found you.
Thanks for the suggestion. Yes definitely will make a video on that
Thanks Nisha, like i said before, your content is on point and precise. As you share, I sit with my Laptop and type all your points. It's because they are all useful points. I'm currently in this stage of finding for the right supplier. However, i'm a bit of stuck where once you find the right supplier, what is the next step as in are we need to get the supplier to make small quantity with our labeling and brand and with that product do we find our dealers (Grocery shop owners or restaurant owners) or customer to test the market? What i'm asking how do we know whether our product works and what is the our first initial quantity we need to order to sell in the market. Also to know what's the best way to determine what is the market demand for the product with minimal costing before lauching the product. Thanks and appreciate all the knowledge you are sharing :-)
Hey Prema...Thanks a tonne for your encouraging words :-) Not sure if you seen my videos "Choosing the Right Product" and "How to find your Buyers". Pls check them out.
Regarding what to do next - My suggestion would be to see 1) If there is a demand in the market for your product 2) Are there any competitors doing similar products? If so, how are they performing?
Before bringing the product, it would be good to speak to your local shops etc (whoever you are planning to sell to) and get some interest. Speak to your supplier and ask his minimum order quantity. Tell him you want to test the market 1st and ask him to send some samples to send to your prospective customers.
If you have more queries, pls email me on nishamenon@nikasu.com x
Ms. Prema, may i know in which products you are looking for suppliers?
Hi Nisha, thank you for this thorough and in-depth segment about dealing with suppliers. Could you do a video on negotiating skills and tips as this would help with dealing with suppliers? Thank you and all the best for your promising journey.
Thanks a lot Dilini😊.
Yes definitely will do a video soon
In which products or segments you are dealing ms. Dilini?
thank you so much
Most welcome ☺
Thanks Nisha
Most welcome Shekhar. 😊
Keep going we love ❣️ sister
Thanks a lot for the support 😊
Thank you Nisha for the thought process to follow. Very useful.
May I ask you what needs to be considered when setting up a business bank account particularly if international payments are involved? Also should one consider paying in GBP or in exporters local currency etc. Which one would be preferred over the other especially for import to UK businesses : Online banking / pay pal / high street banks etc.
Sorry for asking an array of queries.
Hi Joshy
When setting up bank account make sure they have facilities for international payments to the country you are dealing with. Eg India. Regarding currency its your choice if you wish to pay in GBP or in local currency. And also depends on what the supplier agrees to
@@NishaMenonBusinessTalks Thank you.
Thanks alot for your video. Hope this content will be useful for all beginners. I have quick question, whether we can import greens,curry leaves & fresh vegetables from India. What kind of certificate do we need to submit to HMRC? What will be the import duty?
Hi Shailaja
Yes you can import fresh vegetables but curry leaves has restrictions. For fresh fruits and vegetables you have to register with Defra & Peach websites. Duty rate varies with product and quantity
Your freight forwarder can help you with more details when you are ready
Hi Nisha, I am keen to start my own venture food or any other venture but Unable to decide on the product.any guidance please. Import from India is the idea. Thanks.
Hi
Pls check out my video "Can't decide what to sell". Hopefully it will give you an idea.
Else you can drop me an email to nishamenon@nikasu.com with more details and we can have a quick chat
Super
Thank you Vasu
But mam if importer want to import 4- 5 product in one container then he / she has to find a genuine merchant exporter so that they don't have to contact 3- 4 manufacturers at a time ...am i right?
Hi Sachin
Yes that's right. If you are planning to import multiple items, it's better to speak to a good exporter who can consolidate all these for you and then export. Or if one of the manufacturers is happy to consolidate all the items and export for you that's good.
Wish you all the very best
@@NishaMenonBusinessTalks Thank you mam for your response
Please explain CFR terms If you can thank you
Hi Syed
What terms are you referring to pls?
@@NishaMenonBusinessTalks CFR,cost and freight please
Pls see my video Importing into the UK. I have explained it there
@@NishaMenonBusinessTalks fine. Thank you
CFR means cost and freight. It means it's buyer's responsibility to handle transportation of goods upto port of importer's country. But there are not any insurance applied in the transportation of goods. Its my openion that deal in CIF (Cost insurance & freight) rather than CFR.
I hope it's clear.