Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. In modern times, significant amounts of business is done overseas. In many instances the businesses are based in other countries so though some enterprises make it work seamlessly. The following contributed post is entitled, Is It Really So Hard To Have Customers Overseas?
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The big misconception is that you have to have offices in many different countries and thousands of customers worldwide to be able to have a big, booming, international business. But you really don’t. To have a business like this can feel really intimidating, and we can’t lie, it’s pretty much impossible to have. Only the big brands find that much success in their business that they’re able to explore all of the potential that the world has to offer. But that doesn’t mean that as the small business you are, you can’t expand to providing your products overseas. We would say that this one definitely only applies to those of you who are selling products. For you to be able to sell your services overseas would mean having employees in many different countries, but that’s not necessarily going to be easy to do unless you have such a big brand with money to waste. So, as a relatively small brand in the grand scheme of things, we’re going to try and appeal to you. If you keep on reading we’ll show you how it’s easier to trade overseas than you first might think.
Use E-commerce Websites
This is the top way that you’re going to be able to trade overseas. You might think that you have to sort out your own offices and have staff who are working in that country to try and deliver the products. But all you need is to be able to trade on an e-commerce website and to have a route of getting products over there. If you have ever sent a parcel overseas before you will know this can be as easy as going to your local mailing office to do so. For a business it will be on a bigger scale, but actually having your products on an e-commerce website is the first thing that you need to do. Amazon is a prime example of a good website that you could use to sell your products from. Often your own website isn’t going to have the publicity you need to make an impact.
Managing The Logistics
The logistics of everything is going to be the hard part. Putting your products on Amazon and getting someone to buy it is far easier than you think. 3pl shipping company is one of the options that you could go for. Often shipping is far more cost effective, it’s easier to build up a good rapport with the company, and you can ship more products. All you need then is to be delivered to the other side which can easily be arranged depending on what country you’re shipping to.
Understanding Limitations
There are many limitations that come with it, especially during these times. The main limitations at the trading laws that you need to stick to. Always make sure you’re paying the right costs and you’re shipping things that can be shipped. There’s also time limitations and delays that you need to consider. Customers are going to expect their products on time, and you need to be the one making that happen.
