New Export Business Starting Tips - EXIM TUTOR - Export-Import Business Coach

Tips / Steps To Start New Export Business

Scanning countries for export business opportunities
Select country for export marketing purpose
Know about country economic power, Bop, political situation and nature of politics, Social and customs behaviors of consumers
contact to direct business groups, joint ventures for manufacturing purpose
Send samples of your products or visit that country to take product casual basis
Know and verify feedback of your products
Try to find new orders
Know about customs tariff, duty rate, freight etc in importing countries
Prepare proforma invoice and establish irrecoverable confirmed L/c or other payment terms
Ready for execution of export order as to arrange raw materials, finished goods, production packing related material to dispatch the goods

Received buy enquiries from oversea buyers
reply to the enquiries within 24 hrs
Send the samples and price list to the buyers
Know about Political, Economic, Social and Technology environment.
Procure trail basiss a trial basis order
know the feedback about the products
After successful of product and adopted by customer then confidentially enter into that market
Need to find and develop new Export business partner Agent, Broker and distributor Partner.
After set up business in that country then scan to other country with the same process.
Maintain International quality standard and packaging and labeling system.

To check their capacity to execute the export order
Know quality standard of your products
Ethically to maintain quality standard of product as per applicable in foreign countries
Know about Customs Duty tariff rates and freight, shipping charges Inland Haulage charges, BAF, CAF etc.
Know about the your similar product competitors and their export market strategies, product pricing styles

Executive Summary
Export Market Planning Objectives
Financial structure of company
a) For advertisement
b) Business promotion
Analysis of previous year Export sales data and executed export order
Planning for current year to obtain export order and new export sales target
a. Target o f Export order b. Product wise
c. Monthly d. Yearly
a. Target of Export sales
b. Product wise
c. Monthly d. Yearly
Select country and search market where export order can obtain
Prepare media planning for product presentation
Make planning for execution of export orders :a. Materials b) Manpower c) Distribution systems
Make planning for export finance : Pre-shipment and Post-shipment
To analysis of last year and current year data of export orders and export sales to find the growth in export business