A leading global Fortune 500 high-technology company headquartered in China, known for being one of the largest manufacturers of consumer and major appliances, faced challenges in entering the Singapore market. Their diverse product portfolio includes both mass-market and premium goods under various renowned brands.
The company aimed to launch one of their home brands (household appliances) on Singapore’s local e-commerce platforms, such as Shopee and Lazada. However, without a local entity in Singapore, they opted for CrimsonLogic’s Importer of Record (IOR) Services to navigate the regulatory landscape.
Customer Background
Company: An International Trading Company
Industry: Consumer Appliance
Challenge
The company faced significant challenges due to their lack of a local entity in Singapore when attempting to sell their appliances on local E-Commerce platforms. These challenges included:
Solution Provided
CrimsonLogic acted as the company’s IOR, ensuring compliance with local regulations and handling all import-related matters. The services included:
With the assistance of CrimsonLogic’s IOR services, the client successfully launched their brand in the Singapore market, enjoying the following benefits:
By leveraging CrimsonLogic's Importer of Record (IOR) Services, the client successfully overcame the challenge of not having a local entity in Singapore. CrimsonLogic ensured full compliance with local regulations, managed import responsibilities efficiently, and facilitated the smooth entry of the brand into Singapore’s e-commerce marketplaces.