Tag Archives: Import Export

Role of Custom Brokers in Your Import/Export Business

Posted on February 20, 2012 | 2 Comments

When you are dealing in the business of import and export, you certainly have to make sure that the goods that you are importing overseas do not fail to conform to all the terms and conditions of international transportation of supplies.

Your Role
It is mandatory for you to fill many forms, in due course, that validate the required certifications including sanitary certificate, permits, etc.

Why Customs Broker?
You cannot handle all these formalities completely on your own. So here the role of a professional customs broker comes into play. And to ease yourself from all these burdens, you surely need to take help of customs brokers who is much more thorough than you with all the rules and regulations of EXIM.

Customs Broker- Your Personal Lawyer
Customs Broker is a professional who acts on your behalf in front of customs officials. Not just this, he will even guide you towards the most cost efficient and time saving solutions to get through all the formal processes. A customs broker:

  • Knows about the tariff schedules and customs regulations
  • Is in touch with the latest amendments in any export-import rule
  • Helps out in clearing of goods and other logistics work
  • Estimates costs of duties, taxes etc.
  • Knows how to manage any problem in cargo handling

Safe Merchandizing By Availing Plane, Ship, Or Truck
Depending on your transportation needs, a customs brokerage company will help you deal properly with your import and/or export needs, whether the goods are being transported by air, by ocean freight or truck freight.

Truck Freight services

  • Preparing solid insurance
  • Valid certificate making process

Air Freight services

  • Preparing cargo insurance
  • Assistance you need at the destination
  • Documentation assistance

Ocean Freight services

  • Helps you to choose the insurance type that you need
  • Helps you with Full Container Load vs. Less than Container Load

There are many official forms that need to pass validation, which you possibly cannot deal by your own. Customs brokers will assist you from the point your stock arrives on a territory, clearing it through the customs, assisting you with all the necessary paperwork, until you officially and legally get an allowance to bring your respective merchandise on a foreign ground.

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Posted in Business Growth, Business Tips, Market Research

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Benefits of Importing and Exporting

Posted on January 12, 2012 | 2 Comments

Many of the companies are satisfied by acquiring customers in the domestic marketplace. They find the expansion of the market for their goods in the international marketplace a complicated task. Export and import of goods broadens the scope for more clients and the profit from them. In spite of the various advantageous results of exporting and importing the business enterprises are enlisted as the exporters or the importers. Many facts can lead to the less enthusiasm of companies for the profits from the international customers. Some of them are:

  • It is because of their short-sightedness that they do not see the profit behind the effort of spreading the business among international clients.
  • In some cases the company wants to venture in the international market, but is unaware of the right way to do that.
  • Some companies have the dream to embark on the international platform but lack the necessary incentives.

There are many other reasons that dissuade people from landing their goods across the worldwide. But, if we start counting the benefits from exporting and importing, then the obstacles in the way to exporting and importing seem very trivial. When a company gains acclaim in the international market for the quality of its goods and the services, then surely it adds more stars to its domestic acclaim. There are many other benefits of exporting/importing. These benefits are:

  • Increase of sales: as the market for goods broadens, sale increases
  • Makes your company/brand internationally recognizable
  • Generating economies of scale in production
  • Rise in the profit level
  • Exploring previously untapped markets
  • Broadens the understanding of the customer’s demands: With the increase in the number of clients, the company also gets to know about varied market trends. This helps the companies in bringing about modification in their products.
  • Insulating seasonal domestic sales by finding new foreign markets.
  • Outmaneuvering competitors.
  • Improving your return on investments.
  • Creating jobs: The companies, in order to expand the market, recruit candidates who are experts in the respective fields.
  • Enriching our country: A particular amount of the return on investment goes to the government. This helps in enriching the country’s economy.

If the companies consider the above benefits, then they would not be able to say no to the benefits coming from exporting and importing. If the initial blocks in the route of international venture are removed, then there is a very high probability of companies getting benefited from the international trading.

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A Peek Into The World Of Import-Export

Posted on January 5, 2012 | 2 Comments

There was a time when everything, right from residential addresses to businesses information, was advertised in printed Yellow Pages directories. Those were the days when these directories were the only dominating forces to provide and get an authentic form of information. But at present, the story is entirely different from those days. Everyone now uses internet for almost everything, right from paying bills to shopping for kitchen appliances.

Online Handiness
Keeping in view the continuing internet obsession, free online business directories are the call of every hour.  In fact there are many business directories that exist online. Out of those, many comprehensive and reliable directories are paid. Therefore, most small businesses cannot afford them and cannot maintain their business information in them.

Why Go For Paid Directories?  
Well, the answer is very simple. When there are alternative options available, there is absolutely no compulsion of opting for paid sites. In fact many free online directories are easily available on internet that maintains the same services with no fee, searchable, usable, free-for-all online indexes. Since no membership fee is required, more businesses can have their names included in the index. And when more business entities take part in this free-for-all business index, the consumers are given a more comprehensive set of choices.

So the next time you come across a paid directory website online, think twice about shelling an amount when you getting the same service free of cost. Businesses may receive the same directory addition benefit for free, with far better results. Free online business directories are highly effective and economical ways of landing on business indexes. These websites are created to be utilized by all people in the marketing scale. So get the best out of them for your business.

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Compliance Of Import-Export Law, Complex But Necessary

Posted on December 22, 2011 | 1 Comment

It is well known fact that all merchandise coming into India has to clear customs and is subject to a customs duty, unless specifically exempted by law. Therefore, it is highly important for a Trader to understand this process, along with its functional sensitivity and complexity.

What does ‘Clearance’ involve? Well, plenty of things, from steps-entry, classification, inspection to appraisement and liquidation. Above all, the final formality gets fixed only after proper verification and counterchecks by the customs department. But besides all this, it becomes the duty of the trader to import or export dutiable value of merchandise for its smooth clearance.

There are certain companies which take the help of CHAs on external arrangement basis. But it is quite alarming to know that these companies will disappear as they do not hold any legal identity. Further, it is even shocking to find that they cannot make any representation of your company in case you get tangled in any allied legal dispute. In such a situation, your business will not only go topsy-turvy roller-coasting on the heaps of stress, but will also get stuck in the same hinging complexity for a longer time span. The CHA is an unavoidable conduit between the shipper, the consignee, customs and other government agencies. And there is no doubt that it is an essential job of CHAs to assure that the import export is in compliance with all laws and regulations.

Therefore, if you want your goods to get clearance from customs, it’s time you stop relying on ‘good for nothing’ agencies. Pull your socks and get ready to deal with the situation by knowing on your own about the documents which are necessary for the clearance or getting in touch with reputed service providers who can provide professional assistance so as to avoid delays and save money as well.

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Posted in Advertising Tips, Business Tips, Business Trends, Exports, Imports

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Make Your Export Marketing Plans Easier

Posted on November 7, 2011 | 1 Comment

Nowadays, most of the firms are planning to engage in exporting as part of their business expansion. But, merely planning your business for export operations won’t help you in the long run. It requires a careful and a well planned strategy to have a risk free export marketing business. No matter what kind of business you have, some of the following tips will help you have a safe export marketing strategy

  • Conduct Market Research:
    It is always safe to review the current market conditions before planning your export marketing strategies. This procedure includes identifying target audience and potential customers as well as planning techniques for personalize contacts.
  • Advertise Yourself
    It is highly essential to let your potential target audience know about your offerings. Thus, advertising yourself is an indispensible part of your export marketing strategy. Also, try and think about new promotional tactics to have a successful business plan.
  • Identify The Requirements
    Your business plan should be able to meet up all the requirements of that particular overseas business project. Identify the country-specific variables that will affect your export activities like culture-specific communication, regulations and trade barriers etc.
  •  Choose The Most Appropriate Media
    It is preferable to include all the available media such as television, Internet, print and radio. If you have budget issues, then Internet and Print media would be the best options to start from. Always assure that you advertise yourself at B2B portals as they offer many free services. Outdoor advertising and television being expensive, you can also opt for radio.
  • Business Associates Can Turn Out To Be Beneficial
    Having a business associate in the prospective countries can turn out to be very fruitful. They can facilitate smooth business functioning by conducting market research and advertisement projects in that specific market.
  • Trade Fairs Are Always A Healthy Option
    Promoting your business at trade fairs is also a productive option. This will help you reach your target audience and prospective customers more effectively. Registering the visitors and taking their feedback will help you in improvising your strategies as per the market requirements.

Expanding business by exporting to other countries need not be a difficult task if you are aware of the strengths, weaknesses, opportunities and threats posed by the same. So just do a proper analysis of the markets, ‘test the waters’ and observe your peers to be successful as an exporter.

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Posted in Advertising Tips, Business, Business Tips, Online Business, Online Marketing

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Use Of Documents In Import And Export

Posted on September 26, 2011 | Leave a comment

Every business transaction these days requires its goods and services to cross national shores, as there has been a rapid development in international trade in recent times and the world has shrunk into a global village. A routine activity for many businesses, Import and export is very essential for consumers. If you are a first-timer in Import/Export Trading, the checklist below would assist you.
When it comes to import and export transactions, the importance of paperwork done correctly is paramount. A vital aspect of international trade is documentation and plenty of it needs to be dealt with.

Although, in order to complete an import and export transaction, the required documents vary from country to country but generally, they comprise the following:

1. Purchase order: Basically, a business requirement, but may also be needed by the buyer or seller for arrangement of finances.
2. Letter of credit: A Letter of credit is necessary to make payments for goods that are being imported.
3. Shipment documents: As a proof of dispatch, a bill of lading is required in case of sea shipments. In case the goods are being transported by plane, an airway bill is needed.
4. Certificates of origin: The volume of business that can be done with other countries is restricted by some countries. Goods from specific supply sources may be accorded tariff benefits. For this, a Certificate of Origin needs to be submitted by the exporter, which the Chamber of Commerce or a designated regulatory authority endorses.
5.Quality or inspection certificates: If prior to the shipment, an inspection is specified by the buyer, he would surely want to see its proof on paper.
6.Packing list: One needs to have some clue regarding the contents of different cartons that have arrived as shipments.
7. Invoice: This should be made absolutely certain that all transaction details have been noted down correctly, including the currency used for transaction.

This list is not at all extensive even though it might seem to be a long one. So, it becomes mandatory hiring someone, who has an understanding of import and export documentation so that your international business proceeds without any glitches.

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Posted in Business Tips, Exports, Imports, International Company, Market Research, Sales Technique

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Importance Of Import/Export In A Home Business

Posted on September 22, 2011 | Leave a comment

Import/Export is an important aspect of international trade. This is the way by which the influx and outflow of products take place. Also, innumerable small products seen every day in stores, come from a number of countries all over the world in order to meet the specific demand for that product. Though this business takes place on a larger scale but with the trading becoming easier, many home based entrepreneurs are venturing in it.

One of the fastest growing areas of home business, Import/Export needs relatively little capital for starting the business and has a very low operating cost for keeping the business running.

So, how do these high growth areas function? This blog is a quick glance at how this work from home setup can be converted into a great business opportunity.

  • Finding Niche Markets : A Blackberry which was targeted at businessmen or the Nokia N-series or C-series targeted at youth, are examples of niche markets. The objective of Import/Export is to create a niche and fill that void. This is done by buying the product, reselling it to distributors who market the product to consumers.

  • By Local Marketing : It is based on the idea that you find out what is missing from your neighborhood and region and fill that need with an imported product. If you are aware of the need of a particular area, you can easily search for the product and sell it to local distributors who through the assistance of retail stores make it available to the consumers.

  • Finding Needs of Other Areas : Buying from other areas to fill the gap in your area is just one facet of trading. When you locate markets in other areas for the products unique to your area, the cycle is completed as the export side is taken care of.

Requiring a little more than a coordinated effort to ensure that the products get into your country and then are distributed accordingly, an Import / Export business is a fabulous work at home opportunity. Building a good working relationship with distributors is essential so that you have a place to sell your product and this can be taken further by constantly looking out for newer markets or strengthening base in a particular area.

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Posted in Advertising Tips, Business, Business Growth, Business Plans, Business Tips, Business Trends, Exports, Home Business, Imports, Leads Generation, Online Business, Online Marketing, Small Business

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Import Export Trade Leads: Importance For Indian Businesses

Posted on June 3, 2011 | 1 Comment

Indian economy has seen a paradigm shift in the past decades as the focus has shifted from agricultural sector to Export-Import. Nowadays, there are many companies that are engaged in an exchange of varied goods ranging from heavy machinery, precious metals, agro-products, garments to electronic goods and so on.  With new and improved business strategies being adopted by companies for surviving amidst cut-throat competition, the use of online trade leads directories is increasing day by day.

Evolution Of Trade Leads Into The New-Age Business Tool
Trade leads are basically directories where buy and sell leads are posted to interact with other companies in the same business. Trade Leads have benefitted all types of businesses, especially Importers and Exporters who can now reach out to other companies in any part of the world but at a fraction of the cost. The enterprises to benefit the most are the SMEs.

Worldwide Exposure
Earlier, Importers and Exporters had to rely on their own business contacts, engage in extensive marketing and depend heavily on referrals to gain more business. But now, trade leads directories present an easy solution for all this at one platform.

Industry Specific
Trade leads directories are highly classified, where you can see a distinct categorization in terms of industry, products, country and so on. It cuts the time spent in looking for relevant buy or sell leads and you can get in touch with the right buyer and seller very quickly.

Rise Of The Small Companies
Many Indian entrepreneurs have benefitted from such leads as they can now gauge the demand for a certain product and accordingly source it from a country. For a developing nation like India, it is very beneficial as the process is very economical and saves resources spent in marketing a product all over the world for which there is limited demand. In fact, many import and export companies have been started or attained a leading position with this support for e.g. Cottage industries, Handicraft sector, SSI’s etc. Gaining global exposure was never so easy!

Changes In Liberalization Policies
With increased trade through such mediums, the governmental regulations have also been relaxed to allow for more growth, paving the way for more economic development through Indian Import/Export companies.

To conclude, one can say that Import Export Trade Leads have brought a major change in Indian businesses in more ways than one. The country has gained global recognition due to this despite tough market conditions and this platform is set to favor Indian economy even in the times to come.

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ExportersIndia.com – Blogs Release May 2011

Posted on June 1, 2011 | Leave a comment

Tips for Choosing an International Moving Company
Packing and moving is always a cumbersome task and it becomes more hectic if you have to move across the seas. If you are looking for moving from one country to another then International Moving Companies provide the best assistance in this task. Here are some points that one needs to bear in mind.[...]

What is Fair Trade, And Why Should it Matter?
Have you wondered what Fair Trade is after seeing a signboard reading so in the supermarket? Here’s the answer- Fair Trade refers to an organized social movement and market approach that endeavors to develop better trading conditions for producers in the developing countries and help them grow. The six fundamental principles which must be followed in Fair Trade are: [...]

Expand Your Sales Territory With International Distributor Relationships
The best way for business expansion is to reach out to global clients through widespread distribution channels. That is why; an International Distribution Agreement has been formed for sales and supply contract within a set time-period to ensure that both the parties involved in it remain in a win-win partnership and enjoy the benefits. [...]

How Tariff And Non-tariff Barriers Can Affect Your Exports
Tariff and Non-tariff barriers are an important intervention of the government in the trade activities for limiting or banning certain imports. This is done for several reasons and may hurt companies trying to export to a country with such barriers in place. But what exactly are these barriers and how are they imposed? To know more, read on[...]

Free Internet Classifieds – Best Advertising Methods and Free As Air
There are many Online Advertising Tools available for businesses today that sometime charge a bomb for all the promotion that is done. They may be successful in marketing your identity or products and services on the web for e.g. Pay Per Click ads but their complexity level and costs act as a deterrent for many companies. This is where the solution of Free Internet Classifieds comes in. [...]

Export and Import Data of Indian Traders – Helping in International Business
Trade across the international borders has become a prominent phenomenon these days. In this regard, the Export and Import Data of traders across the world plays a very crucial role. India has emerged as an important player in the global market. The Export and Import Data of Indian Traders therefore helps a great deal in international business. [...]

International Trade Gets Eco-friendly Through B2B
Due to global warming and rise in earth’s temperature, the business firms also need to do their bit for environment as part of their social responsibility. B2B has emerged as the most effective business tool in this regard. B2B is not only a fast and cost effective medium for International Trade but also an environment friendly one. [...]

Get Peace of Mind with These 10 Questions for Your Jeweler
Buying jewelry should be done with care as you will be spending a large part of your hard earned money. Knowing about the source of the gold, silver and gems used in the jewelry is of utmost importance in addition to knowing about the compliance of the jewelry. There are certain aspects about which you should ask from your jeweler before purchasing jewelry to ensure your peace of mind. [...]

Online Classified Ads – Advantages Offered Over Newspaper Classifieds
Advertising through online classifieds is not just one of the latest marketing tools on the block but a concept that has changed the marketing sphere altogether. While classifieds have always remained a much sought after means of reaching a wider audience at lower costs, Online Classified Ads have changed the game for consumers as well as businesses across the world. [...]

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Posted in Advertising Tips, B2B, Business, Classifieds, Exports, Imports, Jewelry, Sales, Trade

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Export and Import Data of Indian Traders – Helping in International Business

Posted on May 19, 2011 | 4 Comments

Trade across the international borders has become a prominent phenomenon these days. The impact of globalization can be seen on businesses all across the world. In this regard, the Export and Import Data of traders across the world plays a very crucial role. India has emerged as an important player in the global market. The Export and Import Data of Indian Traders therefore helps a great deal in international business. Export and Import Data of Indian Traders is a compiled database of Indian Traders, which is assembled, arranged, and standardized by the experts on the basis of acquired import bills, shipping bills, etc. of a company for making it a registered member on the web.

Export and Import Database-What Is It?
This data provides updates about all the market movements and rates prevailing in the market. Information regarding the details of products and services and the companies offering them are available, so that the information might be exchanged effortlessly. There are various portals which make this data available on the internet 24×7 thus offering a very convenient solution to traders across the globe. All the information is assembled by the experts with the help of advanced software in proper order and format in a well-managed Database.

How Does It Help Businesses?
India has become a lucrative option for the international businesses because the products here are sold at very economical prices and developing economy provides a good financial ground. These databases keep the various international players informed about the latest trends in the market and also provide visibility to the Indian traders in the international market. In addition to this, it also helps to avoid engagement of intermediaries and assists in analyzing a company’s international value. All this happens in a very convenient and straightforward manner that makes Export and Import Data of Indian Traders directly accessible for national as well as international commercialists.

Thus, for transparency and effectiveness in International trade, Export and Import data of Indian traders helps a great deal.

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