Posts tagged with Export Import Businesses

Foreign Trade – How to Make Successful Contact with Other Firms for Trade

June 10th, 2009

Global trading can’t function effectively without channels which help businesses to make contact with firms from another nation. Prior to Internet era, trading firms could only depend on trade directories for leads. However, with the advent of Internet, this has become the thing of past. Nowadays, traders can easily make contact with people halfway across the globe just by sending an e mail. For sure, technology plays a vital role in channelizing export import trade.

There are numerous methods by which you can make contact with other firms on internet. The first step of contact is generally from export import portals. These sites are also usually known as trade leads portals. In a way, they are similar to our hard copy business directories because they provide a similar function. You will be able to register your company information in an export import directory, and encourage others to contact you. You may also commence contact by emailing other firms in the same directory.

Your first point of contact with your prospective customer is of vital importance. Like it or not, there is such a thing as Internet manners. These are unwritten social rules on the World Wide Web. Follow these rules, and you will stand a much better chance of attaining your objectives.

Prior to making a contact, take time out to find out more about the company you are contacting. Confirm that they have what you are searching for. Or else, it would just be a waste of everybody’s valuable time. Read the firm descriptions cautiously, and if feasible visit their business websites. This will assist you sketch your first email.

In your first electronic mail, always attempt to be as proficient as you can. That means plan a formal email. Try to keep away from emails that sound too welcoming. The client on the other part is not familiar with you that well yet. When the relationship is more grown-up, there is abundance of chances to write super welcoming emails. For beginner, just stick to professional emails. Talk in terms of business value which your company can provide them. Bring out your unique selling points (USP).

State your purpose very clearly in the beginning of your email. Initiate with something like, “I see that you offer ABC items. I would like to find out more about this aspect.” If you can capture the notice of the reader in the first few lines, half your task is accomplished.

Remain reverent throughout the rest of the email. Introduce yourself, and let the other party know that you are serious in doing business with them. If you are selling something, let them be familiar with how you can assist them. If you are buying, then ask them how they can assist you in sourcing.

In the world of trading, faith is very significant. So you should do a lot to promote a trusting relationship. If you say you are going to do amazing, keep your promises. Otherwise, whoever is on the other side will find it difficult to trust you.

Without faith, trading is approximately impossible. After all, the firms may be on the other part of the world. So something does go mistaken (and things do go off beam in real life), it is very hard to correct the troubles.

So be as expert as you can when contributing in export import trades. For all you recognize, some solid trade contacts are waiting for you!

Web Site = http://www.cybex.in

Contact Details

Cybex Exim Solutions Pvt Ltd.

4th Floor, Om Complex,

Opp. Nirulas, Sector – 15,

Noida – 201 301

Tel.: +91 120 4227890-92, Fax: +91 120 4227892

E-mail: [email protected]

Contact Person:

Mr. Amit Gupta – Mob: 09910487900

Mr.Achin Birpalia – Mob: 9871514442

Different Kinds of Export Import Businesses

May 26th, 2009

International trade has come up as one of the most profitable business options these days has its trace to the prehistoric times when the trade was done on a barter system. Foreign trade is based on comparative cost theory. The country exports the product which is abundant in supply in that country and is comparatively cheaper and imports the product which is comparatively expensive to produce in own country.

First off, let’s take a sight at the players involved in foreign trade. Exporters and importers can be differentiated by the numerous differences in their main functions:

Export management company (EMC): An EMC manages export procedures for a local firm that wants to sell its items abroad but are not familiar with how (and maybe doesn’t want to make out how). The EMC does it all, hiring distributors, dealers and representatives; managing promotion, marketing and endorsements; supervision packaging and marking; organize transportation; and occasionally arranging funds. In some matters, the EMC even takes title to the products, in spirit becoming its own distributor. EMCs generally specialize in product line, overseas market or both, and unless they’ve taken title–are paid by commission, salary or allowance plus commission.

Export trading company (ETC): While an EMC has commodities to sell and is using its energies to search for buyers, an ETC focuses the other side of the trading coin. It makes out what overseas buyers want to spend their money on and then hunts down local sources willing to export. An ETC occasionally takes title to the products and sometimes works on a commission basis.

Export – Import merchant: This global entrepreneur is a kind of a free mediator. He has no precise client base, and he doesn’t focus in any one business or line of goods. Instead, he obtains goods directly from a domestic or foreign manufacturer and then packs, ships and resells the goods on his own. This means, of course, that unlike the EMC, he assumes all the perils (as well as all the earnings).

Web Site = http://www.cybex.in

Contact Details

Cybex Exim Solutions Pvt Ltd.
4th Floor, Om Complex,
Opp. Nirulas, Sector – 15,
Noida – 201 301

Tel.: +91 120 4227890-92, Fax: +91 120 4227892
E-mail
:
[email protected]

Contact Person: Mr. Amit Gupta – Mob: 09910487900

Mr.Achin Birpalia – Mob: 9871514442