Consignment Sales in Europe

Benefits of Doing Consignment Sales in Europe

When for­eign sup­pli­ers start sell­ing in the Euro­pean coun­tries, they only import the prod­ucts accord­ing to the cus­tomer require­ments lead­ing to a waste of time and mon­ey.

Con­sign­ment sales ser­vice lets the sup­pli­ers sell their goods in Europe with­out hav­ing a legal Euro­pean enti­ty and ware­house. The prod­ucts are held in Europe on a con­sign­ment basis and are direct­ly shipped to the cus­tomers from their dis­tri­b­u­tion cen­ters.

The sup­pli­er owns the goods till the time they are sold to the con­sumers and becomes the con­sign­or. CAPLINQ ser­vices let you hold the prod­ucts as a con­signee, and Euro­pean clients become the buy­ers. This ser­vice saves both time and over­head costs while pro­vid­ing faster deliv­er­ies to the clients.

Read on to know more about the oth­er ben­e­fits of CAPLINQ’s Con­sign­ment Sales ser­vices in Europe and how they can help you pro­vide bet­ter ser­vice in the Euro­pean Union-

1. Introduces your products into new sale channels

With the con­sign­ment sales ser­vices, the sup­pli­ers can mea­sure the response on their new prod­ucts with­out run­ning on heavy finan­cial loss­es. You are assigned a dura­tion of 12 months in which you can decide whether you want to import the prod­ucts or not.

2. Reduced overheads like inventory costs

Nei­ther you require a Euro­pean enti­ty such as a bond­ed ware­house to keep your prod­ucts, nor you need to hire your agents in Europe. With CAPLINQ’s order ful­fill­ments ser­vice, you get Euro­pean pres­ence, and with con­sign­ment sales ser­vice, you can hold the prod­ucts in their ware­hous­es lead­ing to reduced logis­tics and inven­to­ry costs.

3. Reduced taxes and duty on import

As the goods are present in Europe on a con­sign­ment basis, the sup­pli­er does not have to pay the import and duty charges unless you’re sure that you will be able to sell them to the Euro­pean buy­ers.

4. Lets you keep a safety stock for European Customers

The con­sign­ment sales ser­vice avoids the lag times between the sell­ing and ship­ping time. The inven­to­ry is always replaced as soon as the stock sells through which a heavy loss can be avoid­ed.

5. Reclaim the duty and taxes imposed on unsold inventory

In case, if you don’t have the expect­ed sales of your prod­ucts, you can either put the prod­ucts in the bond­ed ware­house or have the whole stock returned.

If you do this with­in the 12 months of good enter­ing the Europe, the import charges can be reclaimed.

To learn more regard­ing the con­sign­ment sales ser­vice in Europe, vis­it www.caplinq.com. You can also con­tact us if you have ques­tions regard­ing the CAPLINQ’s order ful­fill­ment ser­vices.

About Chris Perabo

Chris is an energetic and enthusiastic engineer and entrepreneur. He is always interested in taking highly technical subjects and distilling these to their essence so that even the layman can understand. He loves to get into the technical details of an issue and then understand how it can be useful for specific customers and applications. Chris is currently the Director of Business Development at CAPLINQ.

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