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Kathmandu Nepal
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1. Lack of research
One of the most common mistakes that Nepali businesses make is importing products without conducting proper research. Many new business owners tend to skip this step and jump straight into importing goods, which can be a costly mistake. It is crucial to conduct market research to understand the demand for the product, the competition, and the target market. This research can help businesses avoid importing products that may not have a market in Nepal.
Solution: We suggest conducting thorough research before importing products. It is essential to have a clear understanding of the market demand, pricing, and competitors’ products. This research will help businesses make informed decisions and avoid unnecessary expenses.
2. Not Ordering Samples
Another common mistake that businesses make is not ordering samples before placing bulk orders. Nepali businesses often rely on product photos and videos to judge the quality of the product, which can be misleading. It is essential to order samples to evaluate the product’s quality, durability, and functionality.
Solution: We recommend ordering samples of the product before placing a bulk order. This will help businesses identify any defects or issues with the product before it is shipped. It is crucial to touch and feel the product to ensure it meets the required quality standards.
3. Try to do import by yourself
New business owners often make the mistake of importing products on their own, without understanding the import regulations, policies, and rates. This can result in unnecessary expenses and delays in the import process. Nepali businesses need to work with reliable and experienced import companies to avoid such problems.
Solution: It is crucial to work with a trusted and experienced import company to ensure a smooth import process. These companies have the knowledge and expertise to navigate complex import regulations and policies, reducing the chances of delays and unnecessary expenses.
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