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<blockquote data-quote="piyals" data-source="post: 28970698" data-attributes="member: 240058"><p>Select the country based on price and shipping cost. It doesn't have to be India itself. Do your research first. You can have an idea about the import duties based on HS codes but it is better to contact a freight forwarding/clearing agent for a better understanding of the costs. If you don't have a big capital, start small. Get an Excel sheet and do a little cost analysis. Collect all the costs/expenses you have to bear, then collect the current market prices of the items. Then you can have a reasonable idea of how much profit you could make based on the volume you could sell, etc. At least try to break even at the initial stages; once you gain experience in the business, you will find out ways that you could make it more profitable. Also, focus on after-sale services which is key to customer satisfaction in this trade. </p><p>Good luck!</p></blockquote><p></p>
[QUOTE="piyals, post: 28970698, member: 240058"] Select the country based on price and shipping cost. It doesn't have to be India itself. Do your research first. You can have an idea about the import duties based on HS codes but it is better to contact a freight forwarding/clearing agent for a better understanding of the costs. If you don't have a big capital, start small. Get an Excel sheet and do a little cost analysis. Collect all the costs/expenses you have to bear, then collect the current market prices of the items. Then you can have a reasonable idea of how much profit you could make based on the volume you could sell, etc. At least try to break even at the initial stages; once you gain experience in the business, you will find out ways that you could make it more profitable. Also, focus on after-sale services which is key to customer satisfaction in this trade. Good luck! [/QUOTE]
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