The level of development of global communication and transportation infrastructure allows to export goods purchased on-line to any place in the world. A company selling abroad through the on-line platform must consider itself as a traditional exporter. Because, regardless a sales channel, exporting has several implications, an on-line exporter must consider following factors:
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Export Tips for On-line Sellers
Steps of Export Development
What Steps Do You Need To Take?
Each company that decides to become international takes following steps in its export development.
- Identification of a need is the step when a company realizes why it must go international (e.g. due to the competition or limits of a local market).
- International market screening is the step when a company identifies preferable countries (foreign markets) for its products or services and designs a roadmap for foreign markets entry.
- Assessing readiness is the step when a company identifies whether it has internal resources to go global.
- Preparing International Business Plan (Export Business Plan) in 2 phases:
- Analytical phase;
- Planning phase.
- Implementation of the Plan that is entering foreign markets.
First Social Networking Site Launches for Export-and-Import
Fremont, CA – Export-and-Import.com launched a beta version of an exporters and importers social network, a new service connecting and helping companies worldwide in their efforts to conduct, facilitate and promote export-import business.
Jasbir Sandhu, founder of Export-and-Import.com, announced the release of a beta version of the website. The site provides a business social platform for companies, individuals and trade organizations to build business network, create business leads and manage business relations. Members can promote their products and services, while generating more traffic to their websites.
Bank Realization Certificate
Many exporters, of late, have received communication from the drawback department of the Chennai customers asking them to produce Bank’s realization certificates certifying that they have realized payment from their customers abroad.
In the event of the exporter, either not realizing the payment from the customers or failure to obtain the said certificates from the bankers, the exporters are under obligation to repay the drawback obtained with interest calculated from the date of receipt of drawback from the department.
Export-and-Import.com introduces global social networking for exporters and importers
Export-and-Import.com today launched a beta version of an exporters and importers global social network, a new service connecting and helping companies worldwide in their efforts to conduct export and import business.
This is the only service of its kind to connect exporters and importers through a social media network. We believe that the dedicated social network is crucial for global trade, where even the largest generic social media platform does not address the needs of business-to-business companies.
