In this episode, our guest shares tons of strategies to help you avoid pitfalls that would be extremely costly when importing products from overseas.
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Join us as we explore crucial importing and inventory management strategies with Afolabi Oyerokun, a seasoned Amazon seller with over 20 years of experience. Afolabi takes us through his remarkable journey from Nigeria to the United States, where he transitioned from fashion design to computer animation before making his mark in e-commerce. Discover his insights on avoiding costly pitfalls when importing products from overseas, managing inventory effectively, and ensuring you don't run out or overstock.
In this engaging episode, Afolabi shares essential tips on navigating U.S. customs seizures and maintaining effective communication with overseas factories. Learn about the common reasons for customs stopping a container and the importance of accurate documentation to avoid severe penalties. He also highlights the risks of using email for factory communications and suggests using platforms like WeChat to prevent scams. Plus, get the lowdown on labeling requirements for imported goods to ensure compliance with U.S. and Amazon regulations.
Listen in as we discuss the critical role of third-party logistics (3PLs) in maintaining a diverse and efficient supply chain, despite Amazon's introduction of its AWD. Afolabi outlines the strategic advantages of using 3PLs for fulfilling orders across multiple marketplaces and offers practical tips for optimizing shipping. Additionally, we emphasize the importance of compliance with Customs and Border Protection (CBP) regulations and introduce a new tool to help track and ensure compliance with U.S. government regulations. Finally, get to know Afolabi a little better as we share contact information for his services and enjoy a light-hearted exchange about Nigerian cuisine.
In episode 572 of the Serious Sellers Podcast, Bradley and Afolabi discuss:
00:00 - Importing Products From Overseas
03:54 - From Fashion to Tech
10:17 - Avoiding Customs Seizures in Online Selling
11:20 - Customs Seizure, Communication, and Mold Ownership
22:45 - Factory Confiscates Mold During Dispute
25:27 - Supply Chain Visibility and Customs Compliance
28:52 - Importance of Taking CBP Seriously
31:06 - Online Contact Information for Tariff Services
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