What is DDP (Delivered Duty Paid)?
Delivered Duty Paid is an international trade term indicating that the seller is responsible for delivering the goods to the buyer at the destination, covering all costs, including duties and taxes.
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Delivered Duty Paid is an international trade term indicating that the seller is responsible for delivering the goods to the buyer at the destination, covering all costs, including duties and taxes.
Introduction: Delivered Duty Paid (DDP) is an Incoterm (International Commercial Term) indicating that the seller assumes all the risks and costs associated with delivering goods to a destination, including transportation costs, export and import duties, taxes, and any other charges incurred. This term places the maximum obligation on the seller, making it a highly attractive option for buyers since it requires minimal responsibility for shipping and customs clearance. For businesses engaging in international trade, offering DDP terms can significantly enhance their competitiveness by providing a seamless and worry-free purchasing experience to their customers.
Key Aspects of DDP:
Strategies for Implementing DDP: