[BOG]

FOB = Free/Freight On Board. Means you pick up the tab from that location on down the chain.

[F360]

FOB Destination means the selling company transfers ownership of the goods to the buyer at the delivery location.

FOB shipping point means the selling compnay transfers ownership of the goods at the place of sale (the shipping location). ie before the inventory is in transit. This is what FOB Hong Kong will mean.

Edit: Beaten!!

[BellaSotre]

FOB = Free on Board
HK = Hong Kong

[sashg89]

Looks very interesting, i'm subscribing to this thread!

I'm actually doing a similar start up diary thing on my blog too.

[NewHorizons]

so FOB pretty much means the company releases itself of liability once the goods leave their facotry?

If this is the case is their insurance you can purchase for the goods?

[YPAL]

No FOB means they pass liability to you at a certain point, which is why its always FOB a certain place.

You will probably be able to buy insurance from your courier etc.

[kebenarans]

great thread!... looking forward to more updates

[F360]

Thanks for all the comments guys!!

================================================== =====
29th June
I woke up today and one of my nuts was twisted around, so I paid $50 for a man to fondl......oh shit wrong diary!!!

Once that was over (LOL) I started making a site to put this diary on. It should be up in the next day or two. It will also have supplier information, tip/tricks for dealing with manufactures, how to stay scam free etc etc.

Will post the URL once its uploaded!
================================================== ========

[clegg]

How is this project going? Any updates?
-clegg

[F360]

Samples should be here in a day or two. Bit worried though as other kiwis have began selling these products on NZ sites, for half of what they were selling for 2 weeks ago. (but still a profit to be made)

[Brennan]

Ok great foray wateva you call lol, very interesting you do know though you coulda made a fortune from Adsense on blog lol. I would convert it into a blog and use it for further updates

[F360]

Originally Posted by Brennan

Ok great foray wateva you call lol, very interesting you do know though you coulda made a fortune from Adsense on blog lol. I would convert it into a blog and use it for further updates

Thanks
Websites coming soon... (wish other tips/resources for newbies etc)

Edit: Anyone else who has done a little importing and wants to add their diary (even if you cant remember the dates etc) to the site please PM me. Should only take an hour or so to right it up, and depending on the quality, you will get paypaled for your work.

Edit 2: Bookmark www.ImportersDiary.com to keep track of this from now on. Site should be up any day...