Sourcing Term of the Day: Delivered duty paid

Sourcing can seem intimidating or a little complicated to new entrepreneurs but it can really pay off big for your business. The best way to jump in is to get familiar with the lingo. Today’s Sourcing Tip/Term of the Day is: Delivered duty paid (DDP)

Delivered duty paid (DDP) means that the seller pays for everything, including all the import fees.

A full list of terms has been complied by The International Chamber of Commerce and is available in a brand new book by Brad and Debra Schepp called The Official Alibaba.com Success Guide available now on Amazon.com.