How to invent a product that sells? What beginners need to know?

Product development can be difficult, involving collaboration with bright, creative people, but if done correctly, it has the potential to be lucrative. Just as there are failed products, there are also successful ones. What is the factor that makes the difference between failure and success?

Excellent product development is the foundation of great creation, but it is not everything. In fact, you need to plan ahead, put together an excellent team, and know how to adapt. The key is to learn from other companies that have gained more experience in the field over time, so you can make better decisions and avoid the same mistakes.

In this piece, as a result of our experience in logistics and 3PL, we have prepared a good overview of the planning process and what you should anticipate. After multiple collaborations with companies that have been able to achieve success thanks to our expertise, we have learned that the only way to achieve these goals is to apply what we have learned to the product development process, along with reliable partners like DocShipper who can accompany you throughout the process, and with effective marketing and sales.

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A full guide to MOQ [definition , formula , benefits and tips]

A minimum order quantity (MOQ) may be required when ordering from a particular manufacturer or wholesaler. This means that manufacturers, suppliers, and wholesalers may reject certain customers if they cannot or will not meet the minimum order quantity. 

 It may seem counterintuitive that rejecting a customer could increase profits, but how minimum order quantity works and some suppliers are particularly low margin or highly profitable orders. It is important to understand what to use for custom orders. With careful management, the minimum order quantity can increase your profit.

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Shopping cart with white label products in

What are White Label Products and is it a Profitable Business Model?

It's crucial to pick the best business model for you when starting a product business. Probably without knowing what it meant, you have heard the phrase "white label." After all, it is a very popular business model. The white label business model, to put it simply, is when the seller, i.e. you, purchases products from a supplier with the understanding that you can brand the products and then afterwards resell them as your own. In this article, we'll examine the white label business strategy, its specifics and different white label products.

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How to get a smart and sustainable supply chain:all you need to know!

How to get a smart and sustainable supply chain : all you need to know !

During the pandemic, Docshipper is determined to use the flexible combination of various transportation methods with the close cooperation with partners and suppliers around the world, which makes us guarantee the smooth process of the supply chain and the customized enjoyable experience of  customer.

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Your complete guide to reaching to manufacturers and importers in UK

Your complete guide to reaching to manufacturers and importers in UK

More and more products are subject to a lot of restrictions. If you want to produce or sell in the UK, we advise you to read this article. Indeed, the REACH restriction will certainly be required.

REACH compliance aims to ensure that products are free of chemicals that are subject to restrictions such as heavy metals and other substances that exceed set limits. The most obvious examples are lead and various forms of phthalates.

This article will help you understand how manufacturers work and how to import products from the UK. DocShipper offers you its services to simplify your procedures. If you want to import or sell in the UK, our qualified experts in this field will be happy to help you with the complexities of REACH regulations.

DocShipper would like to remind you that this article only concerns the UK and not Northern Ireland, which is still part of the European Union.

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featured-image-A full guide to international payment terms [definition, types, documents and Consignment Account]

A full guide to international payment terms [definition, types, documents and Consignment Account]

As a buyer expert of international trade and freight, Docshipper is an ideal choice for you to focus on your business and handling your purchase operations, as well as one of the most important payment operation, with a reliable partner in Asia is the golden solution for many traders. We customize your need with multi-industry structure during sourcing process and accompany your whole sourcing process from A to Z. If you are not an expert in sourcing or even struggling for the international payments terms and rules, Docshipper is always available for your business and freight.

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The 5 main steps to sell a private label product

The 5 main Steps To Sell A Private Label Product

If you're interested in learning more about private label products or are ready to get started, we've put up a list of 5 suggestions to help you succeed in the private labeling market.

Indeed, more than 15% of sales come from private label products. We'll start by learning what private labels are, and then we'll go over all the actions you'll need to take to create your own private labels.

We'll also give you a quick lesson, so you're a step ahead of the majority of newcomers.

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Understanding BOP [Definition – Details – Special Consideration]

Understanding BOP [Definition – Details – Special Consideration]

Docshipper Alert : Indeed, our sourcing experts have noticed that with the increase in online sales, many consumers and companies are facing scams that can lead to thousand US Dollars. 

To prevent this, DocShipper has partnered with Airwallex to offer a flexible, secure and fast international payment experience. 

If you are interested in our customized support and secure payments, do not hesitate to contact our sourcing service. 

Definition of the Balance of Payments (BOP)


The balance of payments is a statistical statement that summarizes an economy’s international transactions. It tracks all transactions between inhabitants of an economy and non-residents in which ownership changes hands. A resident in this sense is someone or corporation who has been registered in a nation for more than 12 months.

Exchanges are recorded in two reports: the present and capital statement and the budgetary account, from these total balances should, in theory, equal zero, because each exchanges in the present and capital reports should be matched by an identical transaction in the budgetary account. As a result, the present and actif statement balances indicate an economy’s exposition around the world, while the budgetary account reveals how it is funded.

To complete this analysis, DocShipper offers you an article explaining the whole process of international logistics, from the choice of supplier to the delivery of your products, DocShipper takes care of everything.

Key points






  • Balance of payment and overseas investment position figures are available on a monthly and quarterly basis.
  • Annual statistics on international services trade;
  • Year figures on external direct placement, transactions, and earnings;
  • Data on worldwide exchanges involving EU institutions in great detail.

 Present Account

The present account is made up of a nation’s net goods and services trade, net income on cross-border investments, and net transfer payments.

Financial Description

The capital history is made up of a state’s financial instrument exchanges and central bank deposits.

To conclude, although the sum of all actions recorded should be zero, currency rate changes and discrepancies in accounting processes may make this difficult to achieve in reality.

DocShipper info : If you are not comfortable with these technical terms, don’t hesitate to contact our sourcing service which is here to guide you. 

You will be interested by our customized support and secure payments.

The Starting Point of Balance of Payments (BOP)

Prior to the nineteenth century, international affairs were priced in gold, which limited the flexibility available to countries with trade deficits.

The History behind account

Because development was slow at the period, creating a trade surplus was the major means of bolstering a country’s financial situation. However, because national economies were not highly connected, large trade imbalances seldom resulted in crises.

 Industrial Revolution

The Industrial Revolution was a period of growth in the second half of the eighteenth century that changed EU’s and America’s mostly rural and agrarian cultures into industrialized and urbanized society.

Thanks to the development of new machinery and techniques in textiles, ironmaking, and other sectors, goods that were formerly painstakingly manufactured by hand began to be mass-produced by machines in factories.

The Industrial Revolution began in Britain and extended to the rest of the globe, including the United States, in the 1830s and 1840s, fueled by the game-changing usage of steam. This time is commonly referred to as the first industrial revolution by historians to distinguish it from a later phase of industrialisation that began in the late 1800s. Rapid advancements in the steel, electrical, and automobile sectors occurred during the 19th and early 20th centuries. During this time, the world economy discovered that each country was superior in terms of production, time, and price for various products and services.

This was the point at which countries began to specialize in a specific field.

End of gold standard

Countries abandoned the old system during the Great Depression and engaged in competitive depreciation of their money, but the Bretton Woods system, which lasted from 1945 until the 1970s, introduced a new system where the dollar can be converted into gold with exchange rates based on other currencies.

The government was unable to properly redeem foreign central banks’ dollar holdings for gold as the US money supply grew and the trade imbalance widened, and the system was abandoned.

Great Downturn

Several nations engaged in competitive depreciation of their currencies during the Great Recession in order to promote exports. At the time, all of the world’s major central banks responded to the financial crisis by implementing significant monetary expansion. As a result, the currencies of other countries, particularly those in developing economies, have appreciated versus the US dollar and other major currencies.

Many of these countries responded by relaxing monetary policy even further to assist their exports, particularly those whose exports were hampered by slow global demand during the Great Recession.

The Balance Of Payments in details

The current account and the capital account are the two accounts that the balance of payments separates transactions into. With a separate, generally very tiny, capital account reported separately, the capital account is sometimes referred to as the financial account. Transactions in products, services, investment income, and current transfers are all included in the current account.

Imports and Exports transactions

Imports and exports of commodities, services, and capital, as well as transfer payments like foreign aid and remittances, make up the balance of payments (BOP). The international accounts are made up of a country’s balance of payments and its net foreign investment position.

Foreign funds are classified as credit and documented in the Balance Of Payments when they enter a nation. In the BOP, outflows from a nation are reflected as debits. Let’s assume France sends 100 vehicles to the United States. The export of the 100 automobiles is recorded as a negative in France’s balance sheet, while the imports are recorded as a credit in the United States’.

Sum of all exchanges

Statistical disparities exist in practice as a result of the difficulties of precisely counting every transaction between one economy and the rest of the world, including differences created by foreign currency translations.

As long as the capital account is defined widely, the aggregate of all exchanges reported in the balance of payments must be zero. The reason for this is that every credit in the current account has an equal and opposite debit in the capital account.

Calculations and components of Balance of Payments

CalculThe calculation method is always the same, this is a simple calculation where the result needs to be close to 0.

BOP formula

Current account + capital account + financial account + balancing item = 0 is the formula for determining the balance of payments.

BOP components

All exchanges between entities in one nation and the rest of the world over a period of time are included in the BOP. The current account, capital account, and finance account are the three main components of the Balance Of Payments. The capital and finance accounts must be balanced by the current account.



DocShipper Advise : We help you with the entire sourcing process so don’t hesitate to contact us if you have any questions!

  • Having trouble finding the appropriate product? Enjoy our sourcing services, we directly find the right suppliers for you!
  • You don’t trust your supplier? Ask our experts to do quality control to guarantee the condition of your goods!
  • Do you need help with the logistics? Our international freight department supports you with door to door services!
  • You don’t want to handle distribution? Our 3PL department will handle the storage, order fulfillment, and last-mile delivery!

DocShipper | Procurement – Quality control – Logistics


Alibaba, Dhgate, made-in-china… Many know of websites to get supplies in Asia, but how many have come across a scam ?! It is very risky to pay an Asian supplier halfway around the world based only on promises! DocShipper offers you complete procurement services integrating logistics needs: purchasing, quality control, customization, licensing, transport…

Communication is important, which is why we strive to discuss in the most suitable way for you!

featured-image-How to select the best private label products and to kick off your sales

How to select the best private label products and to kick off your sales?

Finding an ideal supplier who can meet your requirements during the procurement process is extremely crucial. This is why you should consider the services of DocShipper, we are different from the traditional logistic company, as we can even serve for procurement of  your private label products. (personalization under your brand) or any other criteria.

During the procurement process of your private label products, we customize your experience to find the best supplier by pricing negotiation, certificate checking, verifying production capacity and examination of portfolio with respect of intellectual property.

We have capacity to offer you solutions that adapt to your project, whether it is about Legal or  Compliance services. As we offer you private label creation assistance by going through compliance verification, control and audit of legal documentation, compliance with legal according to different countries, laboratory test and even labeling, packaging, product verification. So we guarantee your procurement of your private labeling products from A to Z with a total respect of legal norms and laws.

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