Shipping Terms: CIF vs. FOB

By Kelly Leggett | August 25, 2016 | Uncategorized

  The International Chamber of Commerce coined INCOTERMS in 1936, which was revised in 2010.  Incoterms are simply international commerce terms. There are 13 incoterms and each one represents an agreement that governs the shipping responsibilities of sellers and buyers within international trade. This system was put in place so as to facilitate orderly international trade through […]

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Branding & Marketing

By Kelly Leggett | August 16, 2016 | Uncategorized

  Let’s say you have come up with a great product, you’ve secured a manufacturer and they are set to start production.  A great product doesn’t always mean success in the market place.  Branding and marketing are crucial! The success of most businesses is dependent upon mastering the art of branding and marketing.  In fact, […]

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Stainless Steel Water Bottles from China

By Kelly Leggett | August 3, 2016 | China Sourcing, Importing

By estimates, Americans purchase some 51 billion water bottles per year. That is nearly 1 billion per week! Of that number, around 25 % are being recycled. Imagine a water bottle filled a quarter of the way with crude oil. That is how much oil it took to manufacture that one bottle.  Now expand that […]

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World Record Glass Bridge!

By Kelly Leggett | July 20, 2016 | China, Uncategorized

Zhangjiajie Grand Canyon Glass Bridge This month marks the opening of highest and longest glass bridge in the world at 430 meters long (1,410 feet) and 300 meters high (984 feet) in the Zhangjiajie Grand Canyon in the Hunan Province of China.  And if that is not enough, this bridge also offers the highest bungee […]

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TBT Thursday – 30 years Ago in China

By Mike Genung | June 9, 2016 | China

Here are some pictures from a trip to China 30 years ago in 1986. The country was so much different back then that it is now. In 1986, many of the men and women wore Mao suits. No makeup or fancy hairstyles for the women. Few lights on the buildings, many buildings were gray. Western hotels […]

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Of Fear and Business

By Mike Genung | May 16, 2016 | Business Topics

by Janna Hoiberg Forget Everything and Run Face Everything and Rise Either of the above can be our reaction to FEAR.  Often it saves our lives or keeps us from harm.  When we are young (hopefully) we learned not to put our hand on a hot stove.  That fear keeps us from getting hurt. Yet, sometimes our fears keep us from […]

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GTS Presents: Our New Office in Europe

By Mike Genung | April 14, 2016 | China Sourcing

Over the years we’ve received many inquiries from Europe. With the exception of the U.K. (we’ve sourced products from China for U.K. customers) we haven’t done much with the inquiries that have come from European countries such as Germany, France, Italy, Spain, or Austria, among others. The time difference makes it a little harder for […]

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You Have to Know Who You’re Dealing With

By Mike Genung | April 5, 2016 | China Sourcing

“I’ve had it with Alibaba! I have read about your services on your website and they sound great.” The quote above was from an email I recently received from a new customer. I hear this all the time. Someone tries to find a supplier on Alibaba. Maybe they get a response, maybe they don’t. If […]

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Chinese Factories are Starting to Come Back, Pictures, and More

By Mike Genung | February 16, 2016 | China Sourcing

 The Chinese New Year holiday is officially over, however a lot of factories are still closed. Some will still be away all of this week. By next Tuesday they should all have returned, although it will take several weeks after that for their workers to trickle back. In the fall of last year I visited […]

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Do You Want to Double Your Growth, or Multiply it 10 times?

By Mike Genung | January 20, 2016 | Business Topics

by Janna Hoiberg Dan Sullivan had a perspective worth sharing in the May issue of Success Magazine: rather than trying to double your growth – go for 10 times your current sales. “WHAT?” I hear you scream. “It’s hard enough to achieve double growth, how on earth can I even consider a goal of 10X?” That […]

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