Posts tagged: shipping

Exporting your product requires a number of steps in order to be able to achieve your commercial success. Whether you are a beginner, intermediate, or advanced exporter, you must have a sufficient amount of information about the basic principles of export.

The basic principles of exporting your product are:

• More competitive.
• Apply proven export strategies.
• Target global buyers online and sell to more customers
• Securing export financing sources.
• Knowing ways to close deals faster.
• Enter more markets.
• Take advantage of the benefits of free trade.
• Learn about the legal aspects of trade.
• Save time and avoid risks.

General steps to export your product:

Exporting your product involves several steps to ensure a smooth and successful process. Here are the general steps to export your product:

1. Research and identify your target market: Conduct market research to identify potential target markets for your product. Consider factors such as demand, competition, cultural differences, and regulatory requirements.
2. Adapting the product to the target market: Analyzing the target market’s preferences, needs and regulations. Modify product, packaging, labeling, and documentation to meet the specific requirements of the target market.
3. Create an export plan: Create a comprehensive export plan that defines your goals, strategies, and resources required for exporting. Include details about pricing, distribution channels, marketing and logistics.
4. Compliance and Regulations: Research and comply with all export regulations and requirements for both your country and target market. This may include obtaining the necessary licenses, permits and certifications and complying with labeling and packaging regulations.
5. Pricing and Payment: Determine the pricing strategy for your product in your target market, taking into account factors such as production and transportation costs, tariffs, and competition. Determine the payment terms and methods that are appropriate for you and your customers.
6. Arrange transportation and logistics: Select the most suitable transportation method (air, sea, land) and logistics providers to ship your product to your target market. Ensure proper packaging, labeling and documentation for customs clearance.
7. Marketing and Promotion: Develop a marketing strategy to promote your product to the target market. This may include advertising, digital marketing, attending trade shows, partnering with local distributors, or hiring sales agents.
8. Sales and Distribution: Establishing sales channels and distribution networks in the target market. This may include appointing local agents or distributors or setting up your own subsidiary or office.
9. Documentation and Customs: Prepare all necessary export documents, including invoices, packing lists, certificates of origin, and customs declarations. Ensure compliance with customs requirements, tariffs and import duties.
10. Shipping and Delivery: Coordinate the shipping process with your logistics provider, ensuring timely delivery of your product to your target market. Track the shipment and address any issues that may arise.
11. After-sales support: Provide after-sales support to your customers in your target market. This may include technical assistance, warranty services, or customer support helplines.
12. Monitoring and Evaluation: Continuously monitor your export activities and evaluate the performance of your product in the target market. Make necessary adjustments to your export plan based on market feedback and changing conditions.

Remember that the previous steps may differ according to the nature of your product, the target market, and the regulations and laws of each country, which is why it is necessary to seek expert advice in the field of export to ensure success in exporting your product.