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Read the following questions and if you do not find your answer, please send us your question, we will respond as soon as possible.
WHAT WILL BE THE PRICE OF PRODUCTION?
Once we receive your enquiry indicating us the approximate design and features of the watch you need, and the quantity of production, we will quote it according to your requirements within 48 hours.
We make our prices quotations on DDP or FOB CHINA INCOTERMS. To provide a better service to our customers, we can also take care of transporting of your goods, just transferring customer the price offered us by our forwarder for shipping the goods to the destination in question.
WHAT ´S THE MEANING OF DDP AND FOB PRICES?
DDP means that the seller pays all costs to leave the goods at the agreed point in the country of destination. The buyer does not perform any process. The import customs charges are paid by the seller. The buyer, have to pay the price as provided in the purchase agreement and provide the seller’s assistance in obtaining any import license.
FOB is “free on board”, which means that the price of the quote we pass it includes the cost of goods plus the cost of preparing and packaging the goods for international shipping and make them available to the client on port China designated, for example, Ningbo.
In other words, the price of the quotation does not include the shipment of goods. (More information in the section of Transport).
WHICH IS THE MOQ?
In general, we will make production from 1500-2000 units, if it is a quality watch promo, or from 500-1,000 units if it is a top quality watch designed for the retail market. However, we will study each case based on the characteristics of the clock, ongoing productions … etc. , responding to inquiries in this regard, without any compromise.
HOW MANY VERSIONS OF THE SAME MODEL CAN I INCLUDE IN MY PRODUCTION?
Within MOQ, we can make 2 types of plating finishes and dial designs, and up to 4 different straps colors, depending on watch specifications and the amounts. In any case, the higher the quantity of the production, the greater the chances of making different finishes or versions of the same model.
ARE ANY APPROVAL SAMPLES DELIVERED?
Yes, in fact, we will not begin mass production of the agreed model, up to obtain approval from the client of the sample sent for this purpose. Thus, our customers can check that the final product will meet their requirements or can report, where appropriate, any correction or indication to incorporate it into mass production.
WHAT ARE THE DELIVERY TIMES?
In general, we will make production from 1500-2000 units, if it is a promotional quality watch , or from 500-1,000 units if it is a watch designed for the retail market. However, we will study each case based on the characteristics of the watch, ongoing productions … etc , responding to inquiries in this regard, without any compromise.
Although it is not the object of our business, we offer our customers the possibility to take charge of the transport of their goods to the destination they indicate. We will simply update the price quoted for production, with the cost of transport at the time of shipping, either by plane or by boat. If you do not wish to worry about transportation, we will do it for you.
The time required for transport is between 7 – 10 days if it is by air, and approximately between 30 – 35 days if transportation is by boat.
HOW CAN I GET INFORMATION ABOUT THE PRODUCTION STATUS?
You will be informed at all times by our sales staff about your production. In fact, there will be a person assigned to monitor and control your production, with whom you may contact at all times to answer your questions and any possible issue. Your production is made in China, but you will enjoy the personalized follow-up, easy communication and immediate attention that will offer you our sales team in Spain.
Our payment terms follow the market standards.
1.Once accepted by the customer the price reflected in the quotation and once the order has been confirmed , we will issue a Proforma Invoice that the customer must return us signed and stamped.
- Wire transfer: Shipment by the customer of the TT copy of 30% of the amount reflected in the corresponding Proforma Invoice.
- Letter of Credit at sight: Shipment by the customer of the draft of the Letter of Credit for 100% of the amount of the transaction. * (This payment is subject to certain requirements, linked to volume of production).
3.Once the TT copy has been received, production will begin, starting with approval sample. When this sample is approved by the customer, mass production will start.
4.When production is completed, customer will be requested to make the payment the remaining 70% of the amount.