Time to tattle on myself...
The very first project I ever took overseas for development lost a ton of money. Not because the product was flawed. Not because I didn't market it well. Nope, it lost money because I didn't understand a simple three-digit acronym that made the world of difference for the profitability of my project. You see, I got a quote back for development that made mention of "Price Term: FOB". Without a clear understanding of that term, I later had to eat huge costs overruns in shipping, duties, taxes, customs costs, and more. How can you avoid this mistake yourself? All you have to do is know what all of those shipping terms mean and how they might affect your bottom line, and the transfer of ownership of the product you are bringing in country.
This list is just scratching the surface of information around shipping terms. One of the sites that I find has some of the most detailed information is located on the WCS website. Make sure that you understand all the implications around shipping costs, duties, taxes, customs & insurance to ensure you don't receive any nasty surprises late in your project.
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