How to start B2B - PowerPoint PPT Presentation

About This Presentation
Title:

How to start B2B

Description:

Once you find your product, you also need to identify the right market for it. After all, you need someone to sell it to! This is where your trend-spotting skills come into play. The best products for an import/export business are products that are just starting to become popular, or show some promise to being so in the future.  – PowerPoint PPT presentation

Number of Views:10

less

Transcript and Presenter's Notes

Title: How to start B2B


1
How to Start an Import/Export Business in Crucial
Steps
2
1. Get Your Business Basics in Order
  •  Get the basics in order. This means registering
    your business with the state in which your import
    export course in pune headquarters will be
    located, registering a domain name, getting any
    business licence you need to legally operate, and
    so on.

3
2. Pick a Product to Import or Export 
  • The next step in starting an import/export
    business is to find a product or industry you are
    passionate about and that you think could sell in
    international markets.
  • Once you find your product, you also need to
    identify the right market for it. After all, you
    need someone to sell it to! This is where your
    trend-spotting skills come into play. The best
    products for an import/export business are
    products that are just starting to become
    popular, or show some promise to being so in the
    future. 

4
3. Source Your Suppliers
  • Once you have a product youd like to trade
    internationally, you need to find a local
    manufacturer or other producer that makes your
    product and can lead to a strong partnership. A
    good relationship with a supplier is crucial to
    long-running success in an imports/exports
    business.

5
4. Price Your Product
  • Be sure to price your product such that your
    markup on the product (what ends up being your
    commission) doesnt exceed what a customer is
    willing to pay. But you dont want to make it too
    low such that you arent ever going to make a
    profit.
  • In the export import academy industry, importers
    and exporters typically take 10 to 15 markup
    above what the manufacturer charges you when you
    buy the raw product.

6
5. Find Your Customers
  • Next up on how to start an imports/exports
    business? Finding customers to sell to.
  • If you have a quality website that includes
    digital marketing campaign, your customers may
    end up finding you. But to get started, Cuffe
    suggests doing things the old-fashioned wayby
    cold-calling. 

7
6. Get the Logistics Down
  • Hiring a global freight forwarder is generally a
    good idea for all imports/exports businesses, as
    theyll serve as a transport agent for moving
    cargosaving you a lot of time and worry about
    getting your products from the factory to a
    warehouse. 
  •  This can remove a lot of the headache
    associated with starting an import export course
    business in an international trade market.

8
Thank You!!!
Write a Comment
User Comments (0)
About PowerShow.com