Exporting is the method of carrying or sending goods to a foreign country for global trade business. Nowadays, there are many people who move to a foreign company either for business or for pleasure. Usually, it will not be for a short period of time. Rather, it would be for several years, or maybe for the rest of their lives. Of course, if you are planning an international move, it is essential that hire an overseas shipping company to assist your move.
As an exporter or manufacturer who is keen to step into international market, you should better initiate in a secure and planned manner for export import trade. One fairly safe and secure way is to establish indirect exports and see the response. There are various ways to begin indirect exports, but the most commonly used technique is to get into a contract with some distributor or hire the services of commission agents. Although, their functions may sound a bit similar, both of them differ at some points. Let’s look into the work aspect of these two in detail.
Commonly recognized as commission agents, they are accountable for selling your items in overseas market. They are skilled campaigners and quite familiar with the bazaar you are going to target. They are familiar with the customers and their requirements. However, the thing to keep in mind is that they are only responsible for selling your items. They do not purchase from you directly; neither do they engage themselves in delivery or after sale services in most cases. Their source of earning is the preset commission on each sale.
Distributors should be monetarily sound. They must be good in warehouse management and inventory stocking. Should be ready to work at cost margins you are willing to offer. Should be having deep technical information about the items you are dealing in. Be very cautious when going into a deal and think over the sections several times before signing. Export distributor should be capable of running or managing the marketing campaign if required.
Monday, May 18, 2009
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