Look at any online forum or article about exporting, and you’ll be presented with a bevy of statistics that measure success by the total revenue of general product categories. While this is good information for governments and school reports, it does little to help you ascertain which specific product will be the most profitable for … Continue reading Sometimes, “Niche” Guys Finish First
Tag: learn to trade
Entering the world of international trade can be exhilarating, profitable and confusing. When you’re just getting started connecting with buyers and sellers, you may notice a lot of acronyms in their listings. Industry shorthand such as DA, DP, DAP, DDP and LC can feel like an overwhelming alphabet soup of terms to learn at first. … Continue reading INCOTERMS you must know if you are importing or exporting
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
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.
In business, they say, “it’s all about relationships.” But in a time where more and more transactions are automated and online, do relationships really matter? Now, more than ever. For example, let’s say you export textiles. On go4WorldBusiness alone, there are over 116,000 listings for textile suppliers. So if a buyer doesn’t like you for … Continue reading What’s a 5-letter word for getting the edge on your competition?
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