The word “diversification” is often used as part of a stock market strategy – it’s a specific tactic that involves buying multiple different types of stocks to lessen the risk of losing your investment if one of the stocks doesn’t perform well. But the strategy is just as effective for importers and exporters. Here are 3 … Continue reading How to Minimize Risk Through Diversification
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Each day we visit multiple websites and send inquiries and other marketing messages to potential buyers. In this video tutorial , learn how to write an effective message that piques a buyer's interest and evokes a response from him potentially leading to a business deal. This video is a recording of one of the regular … Continue reading Why deals fail before taking shape and what you can do to win new clients by communicating better.
You know that feeling you get when a deal seems too good to be true? That little nudge of doubt that makes you hesitate? Using your “sixth sense” or intuition (along with a good team of advisors) is a critical tool to safely navigating the waters of international trade. But sometimes the promise of a … Continue reading When “Cheaper” is Actually More Expensive: 5 Trading Mistakes To Avoid
Exporting 101 Navigating the ins and outs of exporting can be a daunting task – miss a step and your company could lose millions. To make matters worse, most of the information online is narrowly written for experienced traders whose families have been exporting for generations. But you don’t have to be a descendant of … Continue reading Exporting for Beginners: Infographic
As reports of scams on some trading sites continue to grow, it is natural to be concerned about credibility. Mounting complaints have become so widespread in the case of Alibaba, that its CEO and COO resigned a few years ago, due to a “systemic breakdown in [the] company's culture of integrity.” Based on the results … Continue reading How to Avoid Online Scams and Why Verification Matters
When you’re just starting out, or even if you’ve got an established small or medium-sized enterprise (SME), the idea of “going global” with your business can seem daunting. You’re not alone. Micro firms and SMEs account for almost 95% of businesses in most countries, but they’re only exporting about half as much (proportionally speaking) as … Continue reading 3 Reasons Why You Don’t Have to be a Giant to Take Your Business Global
Are you contemplating a move into the export or import trade? Are you asking yourself – “How should I get into import export, so I don’t need to work a 9 to 5 routine day after day?”. Read on as we will tell you how enticing the prospect can be and also give you pointers … Continue reading 5 Things You Should Know Before You Start Importing/Exporting