For international buyers
I just found out today from the post office (8/22/25)
There is something called 'Landed Cost' started couple of months ago
(You should find out if your country charges Landed Cost and how much it would be before purchase)
Landed cost is the total expense associated with getting a product to a buyer's location, including the original purchase price plus all additional costs incurred during shipping and handling. It encompasses not just the product's price but also shipping, insurance, customs duties, taxes, and other fees. Essentially, it represents the complete cost of a product once it reaches the buyer's doorstep, making it a crucial factor for pricing and profitability, especially in international trade. Here's a more detailed breakdown:
Key Components of Landed Cost:
- Purchase Price: The initial cost of the product itself.
- Shipping Costs: Transportation expenses from the supplier to the buyer.
- Insurance: Costs associated with insuring the shipment during transit.
- Customs Duties and Taxes: Fees imposed by the importing country's government.
- Other Fees: This can include things like brokerage fees, handling fees, currency conversion fees, and payment processing fees.