A Guide to the Procedures for Importing Korean Cosmetics Products to Finland
Tien, Hong Thanh (2021)
2021
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2021112922356
https://urn.fi/URN:NBN:fi:amk-2021112922356
Tiivistelmä
The primary objective of the study was to investigate the detailed procedures undertaken by company X during different stages of importing South Korean cosmetics products from Q-Depot company to Finland. The research also provided in-depth insights into the Finnish cosmetics market through the PESTEL analysis and evaluated the feasibility of the market potential through the attitudes of local customers.
The theoretical framework of reference included the Import Cycle by Thomchick et al. (2004) which gave the audience a general understanding of different activities within a standard importing process. The study was conducted using a qualitative research method by an interview with Finnish Customs and a quantitative method through an online questionnaire to uncover and qualify the attitudes of Finnish customers towards Korean cosmetics products. The secondary and primary sources of the literature review are extracted from academic research studies, reliable scholarly articles, government reports, and statistical bases.
In conclusion, the research highlighted the step-by-step importing procedures, which included the selection of supplier and products, wholesale purchasing order, the selection of incoterm, method of payment, transportation method, drafting the contract, preparing the necessary trade documents, and guidelines to complete customs declaration using E-Services by Finnish Customs.
The theoretical framework of reference included the Import Cycle by Thomchick et al. (2004) which gave the audience a general understanding of different activities within a standard importing process. The study was conducted using a qualitative research method by an interview with Finnish Customs and a quantitative method through an online questionnaire to uncover and qualify the attitudes of Finnish customers towards Korean cosmetics products. The secondary and primary sources of the literature review are extracted from academic research studies, reliable scholarly articles, government reports, and statistical bases.
In conclusion, the research highlighted the step-by-step importing procedures, which included the selection of supplier and products, wholesale purchasing order, the selection of incoterm, method of payment, transportation method, drafting the contract, preparing the necessary trade documents, and guidelines to complete customs declaration using E-Services by Finnish Customs.