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Author Topic: Shipping Options, Terms ? - Meaning of FOB  (Read 2634 times)

impres

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Shipping Options, Terms ? - Meaning of FOB
« on: 2010-05-24 17:05:45 »

Hi there,

Quite new here, just wanted to ask for a bit of an advice before i start the business.
As i'm browsing thebiggestclearance.com site, i'm intersted in many items here, i think
they are really bargain deals.
Most of them mention the F.O.B. Shipping as the Shipping Options. What does FOB mean ?
Is the shipping included in the price of the stock ?

THANKS in advance,
Edgar  :o
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eadmin

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #1 on: 2010-05-24 18:20:10 »

Hi Edgar,

the F.O.B. term falls into the category of Shipping Terms called "Incoterms"

The Term means :
FOBFREE ON BOARD – Where the product is located and ships from. "Free on board " means that the seller delivers when the goods pass the ships rail at the named port of shipment. This means that the buyer has to bear all costs and risks of loss of or damage to the goods from that point. The FOB term requires the seller to clear the goods for export. Buyer is to responsible for all the costs occurred after the cargo is LOADED on board.

We published an article about Incoterms and other frequently used Shipping Terms in TheBiggestClearance.com articles,
read the full article here

Eric
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impres

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #2 on: 2010-05-24 20:15:31 »

Thanks Eric,

that article is really helpful.

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eadmin

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #3 on: 2010-05-24 20:17:41 »

No problem at all.

Happy to help,

Eric
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impex

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #4 on: 2010-05-29 22:23:44 »

very helpful,

thank you
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mikoto

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #5 on: 2010-09-30 02:53:24 »

isn't it when you buy a wholesale parts of car, you are entitled for discounts and also entitled for free shipping? or this just varies only to some of the company?

mikoto | miyata
« Last Edit: 2010-09-30 03:34:07 by mikoto »
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ontrade

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #6 on: 2011-02-23 12:47:09 »

not too sure about this mikoto  ;D
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jill52nabi

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #7 on: 2011-05-31 07:37:02 »

Basically FOB stands for "Free on Board" which means that buyers paying shipping cost.

gromic75

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #8 on: 2011-08-22 18:02:39 »

Does buyer protection really works here ?
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b2b trade us

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #9 on: 2011-08-25 09:45:51 »

Does buyer protection really works here ?


Unless you confirm to them that you received your stock as described by the seller and everything is ok,
they will not release your payment to the seller.
So what do you think, does it work or not ?
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Erika1981

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Re: Buyer must supply own shipping
« Reply #10 on: 2012-02-28 19:45:47 »

Hello,
What does it means "buyer must supply own shipping"? When I pay, get I  adress where can I bring my goods?


Erika
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eadmin

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Re: Shipping Options, Terms ? - Meaning of FOB
« Reply #11 on: 2012-03-02 14:53:18 »

Hi Erika,

this term simply means that the seller of the stock does not supply the shipping and the shipping costs
are not included to the total price.

You may contact the seller and enquire about additional shipping option for an extra cost or if you
purchase the stock, you must either collect the stock your self or hire a courier to collect the parcel and
deliver to your destination.

At your own expense of course.
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