Globalization has brought the final customer closer to products sold abroad. The proof of this is the significant increase in purchases over the Internet. The foreign trade can be a good business even for small companies, it is enough that the management of the process is done in a professional way. Below are some guidelines to reduce, and even eliminate, possible headaches.
Price and quality can be checked even at a distance. Before proceeding with the transaction, collect as much information as possible. Don't be lazy.
The product that today looks like a good business to export, tomorrow may be excellent to import. Markets change and great opportunities suddenly appear. Stay tuned!
Foreign trade need not be a cold, technical environment. Regardless of the size of the company, on the other side there will always be a human being like you.
Foreign trade is an activity with particular characteristics in several sectors. Use the services of experts to help with exchange, international freight, customs processes and all other activities necessary for the product to reach its destination.
Do not forget the difference in prices FOB and SIF, plus any taxes. Before you close the deal, be sure to know how much profitability you will have.
Bureaucracy in foreign trade is a nightmare, but it is not possible to do foreign trade without a series of documents and information. The worst is that most mistakes are only noticed when the load is halfway. Few things are more frustrating than having a cargo held in port because of small mistakes in documentation.
Buying and selling products from abroad follows a logic, but depends on the type of product being marketed. The vast majority depends on several steps to actually change hands. The ideal is to have a good data management system.
Each category follows particular standards and many need special documentation. Health and food are classic examples of differentiated tax classification.
Some companies may be selling their products below market price to get rid of stock or even to harm competition. This is an illegal practice that should be reported.
Whether public or private data, the variables involved are numerous and quickly the mass of information becomes quite extensive. Choosing the data source wisely is an important differential.