Posts Tagged ‘countries’

Exporting vs. Importing Product

Thursday, August 13th, 2009
arnold

In deciding what business to start whether it should be an import or export business the first thing you need to know is your market.  Chances are that you are in a better position to understand your own culture in your own country, but if you happen to have ties to other countries from such experiences as significant travel or working abroad you may be in a position to understand several cultures and norms.  This is critical in determining which route to take in starting a business.  An import business generally does better, because you understand the needs in your surroundings are lot better than in a foreign country.  Once you know what your market wants or needs then you can begin to offer the imported product to your customer base.  Coming up with what you might thing is a terrific idea for a product to export, will likely fail if you don’t know what the needs and wants of that particular country or countries is.  If it happens that you already have a product that you want to export then the next step is to find a means of distributing that product abroad by contacting someone familiar with that particular country.  It could be an existing business organization that may distribute products similar to your own or may be someone that specializes in marketing products in that particular country, but don’t assume success in your country will result in success in other countries.

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Mexico Companies
Author’s Yougler Profile is at  arnold.

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