B2B trade vs B2C trade - one letter and so many differences
Though the abbreviations "B2B" and "B2C" look very similar, they denote two different trading branches. Basically, B2C means retail trading, whereas B2B, wholesale, import and export. In B2C trading, the contract parties are the trader and the consumer, whereas in B2B trading, th...
Incoterms, i.e. International Commercial Terms
You have probably noticed that many offers include certain abbreviations, which might be difficult to understand for those who encounter them for the first time. They usually appear next to the price and location of the stock. These are most often trading terms and conditions, so called “incot...
A good picture sells!
There are many factors that determine attractiveness of an offer. Some of them are dependent on us, others not. One of the thing we should do to boost the ad’s appeal is improving its visual side by processing the pictures of the goods. You must remember that the photo is what focuses the buye...
BEN, SHA, OUR are payment instructions in international bank wire transfers
Everyone who has made an international wire transfer must have met with the payment instructions. What are they, and what consequences do they bring? BEN - when you make a wire transfer, you can choose this option to make the receiver pay all the transfer charges. SHA - in this...
Everything you need to know about EU VAT in wholesale trading
We realise that the matters related to tax accounting may not be the easiest ones. This is why we leave them to our countable. :-) Especially difficult are all the issues concerning the VAT. For that reason, below we provide a list of questions and answers that should help you solve your problems an...
How to ensure the security of wholesale transactions?
Transaction security is one of the main issues that arise when discussing wholesale trading, import and export. The buyer's expectations are most likely to be comparable to those of the B2C market: you place an order online, pay for it, and then wait for the goods to be delivered. If something g...
The effects of COVID-19 on wholesale trade and some Merkandi advices
COVID-19, also known as the coronavirus, is currently one of the biggest surprises of the year and leads to significant drops in profits in many companies, and in some industries even to lay-offs. The negative effects of the pandemic are very much felt in economic terms. How has the COVID-19 epidemi...