Wednesday, December 24, 2008

Step up to the creative challenge of an import-export business

Today people are not afraid to do business over seas and a fast growing field, is that of import-export. You may wonder, whether this career is as interesting as you might think? This is really a rewarding and challenging career, one that will bring continued growth. Where else, will you travel so much and learn about so many other different people and products. The import-export business field is exciting, challenging and not without its special difficulties too.

People from all over the world work in import-export, in some form or another. And they can tell you that there are many constants that affect the industry, things like environmental aspects, cultural differences, and other things.

The success you meet with as an import-exporter will also depend on the product you work with, and whether you are financially capable of working in the field.

Your Marketing Strategies

The way you sell your product will depend on the cultural beliefs and buying ability of the importing country. Every country requires different marketing techniques, and these are influenced by the customs of the culture and their ability to purchase the product. You depend on a nation's buying abilities.

Follow Government Rules

When you deal in import-export, you also need to deal with the country's export trade policy, so you need to find out what those are, and whether you qualify to meet those policies or not. These laws can be found by going to the exporting country's trade commission. Normally they would have a web site for you to consult as well.

The same holds true for the import policies of the country you are importing to. These change form country to country, and depend on factors that influence the product you are dealing with, whether that be agricultural regulations or trade regulations.  These requirements are not generally difficult to meet, and often it is just the filling out of a form, and paying importation fees that is needed.

Freight

Importers and exporters have to learn about all kinds of transportation. You will need to know which is the fastest, but most expensive form of transportation, and which is the slowest, but most economical. You may even get creative with transportation at times. I remember, once because of weather conditions, I had to contract a Cab to transport some material from one place to another, to get it on the barge on time.

Successful import-exporters are open to different traditions, and customs, are willing to fulfill what those customs require, and are even willing to communicate in any available way, including the use of sign language.

When you own a business, or work in a business there is a huge amount of responsibility, and that responsibility intensifies in the import-export business.
It is a great business to be in.

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