$100,000 Archery Stock returned

I discuss importing archery equipment into Australia. The outlay the time it takes to have the stock arrive and then the issues I faced with the current shipment.
www.archeryshop.com.au

[@ysareyes]

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[@kabengele-vo4dr]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@nandojuace]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@LolMan-qy9cc]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@BraunRob]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@alasdekarton]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@dennislappert9575]

If it’s 3,000 dollars to have customs search the container, and 1,500 dollars to send back to China, and not knowing how much does it cost China to reship back to you, it may have made more sense to have customs do its thing. Seems the price is the same, and you’d have product to sell.

[@vaazig]

Yup. It was an emotional response that wasn't based on rational thinking. Say that he saved 1.500 on 100k, that's not profit, but rather the cost for having 100k tied up for 9 months instead of turning it into profit.

[@ArcherySuppliesLonsdale]

My customs broker said if you get flagged for importing prohibited goods then all your shipments will get flagged and customs will go through every container. So it is safer to send it back. I did not get a price for Customs to unload and reload. They estimated $3,000. I did tell customs broker to let customs find the box but he said all you shipments will then be flagged and flow on costs will be bad.

[@mdem5059]

@@ArcherySuppliesLonsdale It's a no-win situation really. Just a bit silly all around in this case.

[@chris5248]

@@ArcherySuppliesLonsdalehe gave wrong advice that cost you dearly

[@NUSensei]

I had a similar, albeit much lower key issue. Back when I did the collab with JoergSprave, he sent through his "Instant Genghis Khan". No problem first time, it's just a wooden box with a few crossbow bolts. Second time, it got flagged. I presume that Joerg may have messed this one up, as he also included some of his handheld rubber-band crossbows. That flagged the whole thing as a prohibited weapon i.e. "crossbow parts".

[@brucescott9814]

Sounds about right there's always one little customs man, power goes straight to their head and not a lot of common sense...

[@justineastwood9876]

They are called burley and bait thrower. Simple. Loop holes every were.

[@trollfeedingbot]

Can't import something that any kid can make in their garage. Sad times indeed.

[@ArcherySuppliesLonsdale]

It is legal to sell. The issue is the 2019 regulation stated trigger sling shots are banned and my broker regarded it as all sling shots. So just an interpretation of legislation.

[@petrokemikal]

Yeah but in fairness you can also make bombs, crossbows or anything else in your shed.. I get your point.. But I know you also get my point lol..

[@thejayvodlexperience7856]

This is their way of saying if you don’t want issues in the future, then you gotta bust out the grease!

[@mboehm69]

Think the person working at customs does not know what they're doing. I ordered a slingshot with the brace a few years back off ebay... got a warning letter from customs about it, but they still allowed the slingshot without the brace come through!

[@ArcherySuppliesLonsdale]

Yes they are in Australia on Ebay. They have been banned in Australia since I was young. But they are here.

[@nicoconiconi]

The kicker is, the arm brace does little to nothing to make the slingshot any more or less precise/accurate! Nor any more powerful or lethal than a normal handheld slingshot, in fact most records and best competitions are almost entirely shot using slingshots without an arm brace. 😂 the trigger mechanism I can somewhat understand, but at the same time, the responsibility is entirely down to the eventual user... To be perfectly honest, save yourself the hassle and money in the future and don't bother listing/selling them altogether, it's obviously not worth it.

[@HeiseSays]

You have to love Australia 🇦🇺

[@TheKungFuCrocodile]

What a world we live in. High powered compound bow and arrows/broad heads are good, but ball bearings bad. Go figure

[@larrygratz7695]

At least on camera you deal with the beuacracy and frustration extremely well

[@PetrusEksteen]

FAR OUT slingshot with a trigger is illegal but crossbows, compound bows, kitchen knives and truck rentals are completely legal. Reminds me of when they banned gel blasters for being "air rifles" (based on lies by the way, they are identical to Nerf) despite Nerf blasters being potentially lethal when modified in a certain way (gel blaster projectile deforms and breaks before it gets to any sort of dangerous velocity)

[@NPC-fl3gq]

Not saying anyone should 😉 but pretty sure you can use Airsoft rounds in some gel blasters. But yeah, our laws are all over the place because the govt is full of Karen's. They're scared of everything!!

[@Constitutionkiller-ye1xw]

Aussie's have never been too bright of a bulb.

[@NPC-fl3gq]

@@Constitutionkiller-ye1xw Politicians are *supposed to be* representatives of the people, but rarely are representative of anything - indeed, politicians posses a rare stupidity. You can see this on display all over the western world though tbh... Joe Biden ain't real bright, Justine Trudeau should go back to teaching kids how to pretend... well at least Jacinda Ardern is no longer representing all of NZ's horses!!

[@chrisjohnson38]

Government trying to shut down archery in SA I would say.

[@ommachining154]

slingshot and ball bearing prohibited... it's called tyranny

[@MatthewC137]

Exactly yet most are way too brainwashed to see it that way.

[@NPC-fl3gq]

Not in Qld.

[@Voxguitarsrock]

In future slingshot should be labeled " ball bearing delivery system ",,,

[@MrRoss2000]

i dont think youve seen tyranny 😅, no worries mate 👍

[@MatthewC137]

@@MrRoss2000 No, he nailed it. Educate yourself "mate".

[@roberthead4066]

Anything that can be shot from any form of weapon is a projectile

[@MrRoss2000]

ive got perfect junxing foam limbs ,im very impressed with them ,there is a person importing here in south Africa,cant buy recurve bows in south Africa,in south Africa thats a toy , only firearms aate prohibited

[@AP-gn9fd]

Absolute madness

[@robstofberg1]

Normally you’re smarter than this. With all the risk involved on shipping it back and forth, delay on sales and loss of intrest on your 100k investment you‘re waisting much more than the 3k clearing costs. 😂 Love your posts on running your business!

[@adrianmercer5393]

Sounds exactly like the UK customs

[@Tughill1699]

its gonna get much better soon

[@Alan_Edwards]

I think people, maybe me included, think dealing with China would be super easy since they our the worlds largest supplier of just about everything....well everything they can copy and/or make cheaply, but I guess that is not always the case. I'm actually surprised that bows don't fall under the same licensing model as slingshots. I mean it's more of a weapon than a slingshot for sure?

[@Illustrator76]

I'm just not understanding the logic behind sending a 100k shipment back to China, and waiting until Christmas to get it back just to save $1500. It's just not adding up to me at all (literally).

[@Makka316]

100% This was a ridiculous knee jerk reaction. If a customer wants something that was in that order why would they wait till Christmas to buy it when they can probably buy it direct. He wont just loose those sales, he also wont be able to start selling the stock (that he's already paid for!!) until Christmas. It would be better to simply accept that he didn't handle the paperwork properly to start with, bite the bullet on paying the extra customs processing charges, and get on with selling the stock.

[@ptm4view]

If customs open the container the importer becomes flagged. All future shipment will also be flagged and subjected to customs searches which the importer has to pay. However, if it's sent back, then it won't be flagged, nor will future shipments... either way you're screwed. You have to decide which way will screw you the least...

[@otheropinionssuck]

He explains in a previous comment reply that it would have resulted in all of his future imports to be flagged

[@robertbrowniii5459]

That is freaking crazy. How do you make any money?

[@technopsychobedlam]

Can't sell it until its in the store?? At least half the time I buy online I get told it's not in stock and will be ordered in. Not had that issue with Archery Supplies in particular, but most places will take your money regardless of whether they can actually ship a product out immediately or not.

[@ArcherySuppliesLonsdale]

Yes it can be hard estimating how long it will take to come in. I have 2 bows at Elite archery ready to come in. Elite quoted $1500 for 2 bows in freight. It was $100 a bow previously. So now I have to place a larger order and bring in a large order to cut the price. With Bearpaw there is almost a 1 year wait. So currently I have stuff ready at Bearpaw but I need to know how much and calculate the freight.

[@shortbuslife3440]

It would probably be cheaper to get customs to find it in Australia because the $1500 I'd bet is only for the return and you'll probably have to pay for shipping again and as you say you're going to have to wait another 6 months before you can sell them. Either way that sucks!

[@MrRoss2000]

once again,not a firearm,very simple,in Holland crossbows are illegal 😅

[@Voxguitarsrock]

Slingshot prohibited? Of course. Cant have people being self sufficient

[@philipsutton2316]

total ridiculous red tape crap!

[@YoramSteiner]

Be strong health success and tolerance Yoram Steiner Israel

[@mayhem035]

Why did you buy those !? I'm not hating. I'm just asking 🤷‍♂️

[@ArcherySuppliesLonsdale]

In the past and my understanding is the sling shots are allowed as long as they are not the Brace type. then in 2019 they added new legislation I was unaware of to stop the import of Trigger slingshots. My customs agent reads it as Slingshots or slingshots with a trigger. You are allowed to sell them. I currently buy from interstate at $35 each roughly. These would be significatly cheaper.

[@richardweber6024]

Hi, I'm from the government, I am here to help.

[@petrokemikal]

Just goes to show you that the folks who make the rules, dont actually know anything about them.. A slingshot would hurl a ball at around 7 joules of energy, basic slingshot.. A compound bow by todays standards is about 100 joules.. Enough power to kill or injure everything and anything.. But a slingshot could take your eye out.. and worse if you use a wrist brace then you would be comfortable while doing it.. Idiots !!!

[@NPC-fl3gq]

A stick will also take your eye out. It's all just utter nonsense.

[@michaelpoplawski3246]

Good grief.

[@5jjt]

Absurd

[@trowstersandroid]

You should sue customs!

[@michaeltoia9095]

😮😮😮

[@retunedas3390]

How many 🥃 did it take you until you were ready to make this video with a lough? OMG

[@DirtyBirdHunter]

That is awful my friend

[@zorro1000sx]

wtf...??

[@milrtp101]

The way you talked about Chinese holiday was not a good look.

[@ashwilliams5792]

Chill out snowflake!! Oh and FJB!!!

[@philipsutton2316]

I agree - was disrespectful!

[@ArcherySuppliesLonsdale]

I think it is interesting that in the Western world we get limited holidays but China shuts down for weeks. It is not something I understand. In business I have never had a holiday. It is my sense of humour which may not be appropriate.

[@milrtp101]

@@ArcherySuppliesLonsdaleso you work so hard and never had a holiday and besides why can't ppl take a joke? boomer energy, Steven.

[@RobertAllen943]

As pathetic as customs is these days... this makes no sense. It's 3000 dollars to fix it in Australia and you have stock in a few of weeks. Or it's 3000 to send back to China and you are now waiting 7 months for stock.... and you chose to send it back ? Weird decision.

[@liamboyle9199]

Assumed 3000* Can't forget it was not a set value? It could have been way more.

[@ArcherySuppliesLonsdale]

Customs Broker said it will red flag all shipments in the future causing this cost for all shipments and delay of all future shipments.

[@JustTony72]

What a great use of our limited supply of fossil fuels.

[@sonnify]

Chinese New Year is similar to how it goes with Christmas - New Year period, except they dont also get the benefit of 4 weeks annual leave per year so it's the only time in the year people can travel long distances to see family. "Eventually got annoyed". Dude, you always sound 3 secs away from a blow up. And how do you not know about sling shots. You're your own worst enemy. 🤦‍♂️

[@rockyreynolds4027]

China that’s all I need to hear and remember buy locally made I’m lucky to live in Texas

[@rfdsrd]

It's impossible not to have bought something made in china or somewhere in asia. It is what it is. The problem is never about the populace of countries, it's about who controls that populace.

[@Matto_Harvo]

Bro, do you know how many Australian archery equipment manufacturers there are?

[@popcorngenerator1925]

Bit hard in Australia.

[@ArcherySuppliesLonsdale]

I would say when I started in Business 95% came from the USA. Now it may be 50% and of the USA stock a large % will be made in China. China has become the factory for the world.

[@ArcherySuppliesLonsdale]

@@Matto_Harvo There are - We make Finger Tabs - Fairweather Archery - I think they are made 20 minutes up the road. Saying that I have paid $5,000 1 month ago for stock and I am waiting. There are some quivers and cases at top end price point. But very little stuff is now made in Australia. Costs are very high here to do business.

[@farfletched8480]

I call BS. There is clearly more to this. Firstly, you should be aware of the rules there is no excuse. Secondly, the container can be removed under seal to a registered customs premises to open it. Thirdly, I’m surprised your supplier is going to cop all of this messing around, as having a container returned, having to pay port costs, transport, loading etc twice more will likely be more than the loss. If I was them, I wouldn’t accept it as it seems they are not at fault, you are. Best business practice in this case, talk to your supplier, ask them to share the loss with you. And get on with selling the product. So what’s the full story?

[@farhadelavia]

Very sad to hear your remarks about your Chinese supplier. Mocking their most significant festival and questioning why the country closes down for Chinese New Year is highly unprofessional and culturally insensitive. Imagine if someone questioned why Australian companies close for two weeks over Christmas and New Year, implying that employees are wasting time. The Chinese New Year is a time-honored tradition, rich with cultural significance, much like our own festive season. Dismissing it in such a flippant manner reflects poorly on our values and your professionalism.

[@typhoon2827]

Stupid decision by an archery supplier to sell sling shots. Only got yourself to blame. Why am I not surprised? What's your profit each year on a few sling shots? Crazy business decision.

[@NPC-fl3gq]

It's legal to sell them. But he was not aware that legislation had been passed that banned a certain type of slingshot.

[@typhoon2827]

@@NPC-fl3gq don't care about legality or otherwise. My point still stands.

[@ashwilliams5792]

Man, y’all’s customs really suck!! I thought ours (US) was bad!!! They don’t have stevedores there? If anything like that happens, here, they unload the container and pull out whatever cbp requests. I hope you at least get it before Christmas, so you’re able to sell it!!

[@ArcherySuppliesLonsdale]

This is my first time with the issue. You would hope you could go down empty the container and find the 3 boxes and pull them out. It's a bit shit as before you ship you provide the invoice and docs to custom guy and importer.