Comments on: FOB http://www.prestonwily.com/archives/fob Marketing, experiences, random thoughts... Fri, 21 Nov 2008 14:20:05 +0000 http://wordpress.org/?v=2.2.3 By: The Preston Blog - An internet marketing blog for internet retailers » When should an internet retailer book revenue? http://www.prestonwily.com/archives/fob#comment-8818 The Preston Blog - An internet marketing blog for internet retailers » When should an internet retailer book revenue? Wed, 21 Feb 2007 17:46:23 +0000 http://www.prestonwily.com/archives/fob#comment-8818 [...] The easiest way to determine risk is the FOB terms - if you are quoting customer FOB China, you are shouldering all of the risk until the product is in the port waiting to ship - then it is your customer’s responsibility and they should be technically carrying the risk, hence you should book the revenue as soon as it ships. If the merchandise is FOB USA yet shipping from China, you should book the revenue as soon as the merchandise is in the US port. [...] […] The easiest way to determine risk is the FOB terms - if you are quoting customer FOB China, you are shouldering all of the risk until the product is in the port waiting to ship - then it is your customer’s responsibility and they should be technically carrying the risk, hence you should book the revenue as soon as it ships. If the merchandise is FOB USA yet shipping from China, you should book the revenue as soon as the merchandise is in the US port. […]

]]> By: Curtis http://www.prestonwily.com/archives/fob#comment-406 Curtis Fri, 12 May 2006 13:40:41 +0000 http://www.prestonwily.com/archives/fob#comment-406 Good explanation of FOB - I have to admit that when I first saw this post I thought it might be racist :) Good explanation of FOB - I have to admit that when I first saw this post I thought it might be racist :)

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