How to get success in export business

Getting success is not an easy process as well, it is not that much tough task too.

To get success in any business or in any activity, one need to live on it. So that he / she will get positives and negatives about the product / business etc. Success comes from the determination of every individual. Once choose a job or business, love it. That leads to success.

Once you decide to choose export as business 

*First meet the export license procedure.

*Study the process of export procedure. 

*Choose the right product 

*Study the supply and demand of the product

*Find the right buyer

*Sampling the product & maintain the same quality of product while on bulk delivery.

*Product packaging

*Insurance for the product

*Price breakups 

*Finance methods / Meet bank procedure

*Shipping : sea way / air way

*Finally safe delivery of product 

Confusion on choosing the right product to export

It is a must to know how to choose the right product and demand / supply of the product in market. Here we mean it both the market whether it is domestic as well as international. While choosing the product you should know 

1. The right place and the alternate one.

2. How easily accessible that product is for you 

3. How affordable that product is for you

Because buyers' prefer only the affordable and the best quality product for their needs. Whether in the domestic and as well as international market.

Dont' just go with the demand, before getting into particular product. Kindly analyse the above mentioned factor and finally analyse 

1. How long you will get the buyers' contract 

2. How long you will get the best quality product. If you can able to manage the demand and supply then you shall proceed further. 

Quite obviously somebody is having source of product, for example they may be the farmer of the particular product and may be the whole seller of the product. If so and prefer to start export business then you need to know the right person [buyer] and do start with it. Our government is ready to support the exports / exporters always.

Qualities to start export / import business

Export activities is very essential to every countries revenue. Country like india are having huge potentials to export and fulfill every needs in other countries. Countries like singapore, malaysia is importing every things from neighbor countries.

And indian market for exports is widely open to start-up export companies and obviously the existing exports those who are successfully doing it. Now a days in indian market many started doing import / export training classes to help start up export companies to initiate with this potential business segment. As well our government has given liberty to exports and relax restrictions in this business. 

Qualities required to start export business :

To get knowledge on the below things will help an exporter to be a qualifier. 

> Product knowledge 

   - Find the demand - Find the RIGHT buyer

   - Find the right supply - Find the RIGHT supplier

> Quality 

   - Is the very important constraint 

> Packaging

> Shipping / Insurance

> Bank Terms

   - Advance payment

   - LOC - Letter of Credit

   - DAP - Payment against document