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- An agent may either be a "Buyer's Agent" or a Seller's Agent, but not both. A Buying agent represents the buyers interest. A Buying agent works on behalf of the buyer and is paid by the buyer for their services.
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What services does the Buying Agent perform?
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A Buying Agent's services generally include but are not limited to communications, product development, quality assurance, cost negotiations, shipment coordination and documentation.
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- Why would I consider a Buying Agent?
- 10 out of 10 top retailers / importers have agents and/or offices in countries they source from.
- A Buying agent is "OUT SOURCING" your back office needs for international buying.
- Given the dynamics of International Trade that need to be considered from language, culture, time differences etc., a buying agent becomes an important part of your team.
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- How does an agent get paid?
- A Buyers Agent works on behalf of buyers and is paid by the buyer. The industry standard and a typical fee is a percentage of the total invoice ex-factory purchases. This fees is established by mutual agreement, prior to initiation of any work
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- Are there any other charges besides the agents commission?
- Additional fees may include courier charges, samples, prototypes, or other requirements as indicated by the buyer.
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- Should companies have agents in different Countries?
- Every country's business dynamics differ from each other. Choose an agent who understands the specific country.
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- What are the Characteristics of a good agency?
- A Buying Agent should demonstrate superior knowledge of the Country, Infrastructure, Organization Structure & People.
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- What are the level of services provided by S2 RESOURCES?
- Sourcing Agent - Includes Q.C, Managing Supply Chain, Product Development, Logistics etc.
- Q.C / Logistics
- Q.C Only
- Logistics / Consolidation Only
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