Tuesday, May 26, 2009

What a fantastic venture the import export business is

By Neil Baulch

A really interesting career field, which many people don't talk about, is that of the import-exporter. If you are wondering whether import-export is as glamorous as it sounds, then I'm here to answer your question. Don't worry! It is! What other career is going to let you jet off to another country several times a year, meet tons of other people, and see the way other cultures live. Import- export is a very lucrative, exciting and wonderful business, but one where there are many risks too.

Lots of people work in import-export in one way or another, and there are special characteristics that only pertain to this type of business. There are weather conditions, ecological conditions, and cultural conditions that will affect the success of your business.

Your success as an import-exporter will depend on the product you work with, who you work with and the financial ability you have in the country you trade with.

Your Marketing Strategies

The way you sell your product will depend on the cultural beliefs and buying ability of the importing country. Every nation has different marketing necessities which are influenced by a country's cultural believes and purchasing power.

Government Policy

When you deal in import-export, you also need to deal with the country's export trade policy, so you need to find out what those are, and whether you qualify to meet those policies or not. You can learn about these from their federal trade commission. Most countries have websites, or you can visit their offices in the federal capital.

When it comes to importation policy, the same rules and regulations apply. These change form country to country, and depend on factors that influence the product you are dealing with, whether that be agricultural regulations or trade regulations.

Transportation

If you are in the import-export business then you will also have to learn about transportation. You will need to know which is the fastest, but most expensive form of transportation, and which is the slowest, but most economical. Some times you will even have to be a little creative in the way you get a product to a client. You may have to use transportation methods not generally used, but still very effective.

Any business holds a great deal of responsibility, and Import-export is no different, but it is still a wonderful business, one that is full of adventure. To be successful in import-export you have to be open to different customs and people and you have to use creative communication methods. It is an interesting and different career, one that will bring new challenges to your life. - 16890

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