A buyer signed purchasing order, but never opens L/C . So we faced trouble because we have produced the stuff.

How can I next time to prevent this problems. And now how can I market these stuff, that are 8.000 pcs carpet beater made of rattan material.
Can anyone help me to market it ?

Answer:
Always have the letter of credit in your hand before making anything . 1st rule of sound financial business dealings . Somebody needs to get fired over that fiasco .
Wow, You could try calling Marshalls and discount type places that do one shot buys like Value city..

Also try ebay- see if you can get someone to buy the whole lot.

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