If your company doesn’t have any representatives in the country of origin or in country of destination, but you need to deliver the goods between these two countries, you will search for a company which provides a special service called cross trading.
How does it work?
Such companies as SeaRates has agents all over the world to help you arrange delivery of your goods at competitive rates. Our professional agents constantly do the research on local markets which allows us to provide you the best service as possible. The services of our specialists include processing documents, tracking the movement of cargo and inland delivery. Therefore, wherever your goods are, our team takes care of the delivery, even if your company is geographically located in another country.
If you are doing a small business, you may get the impression that you have a very limited profit-making potential. You can increase and diversify your profits through international trade, especially across the country where you are located.
Import
Owners of retail stores can start buying for sale products of foreign manufacturers, distributors and other suppliers. The advantages of importing are the ability to choose a wide range of products, low prices and, accordingly, increase profits. You can even decide to completely switch to the occupation of importing products and become a wholesale distributor.
Export
Manufacturers can find new consumers of their products and services in foreign countries. Perhaps consumers in your country of interest have lost interest in your products. They could become obsolete as a result of the emergence of new technologies and technological processes. However, the foreign market can happily accept the products of your production. It can happen that your country is in a state of economic recession. At this time, foreign countries can develop rapidly. Sales to consumers in these countries can help stabilize your income. Exporting products will also help to smooth the ups and downs of your earnings.
For example, if you are engaged in selling winter sports things, to compensate for the seasonal nature of your business, you can sell your products in both the northern and southern hemisphere countries. Of course, you can also consider selling sports items for all seasons and continue to export them to other countries, thus increasing and diversifying the sources of your income.
You can also become an intermediary in the organization of export transactions and arrange the sale of products produced by local companies to foreign markets and take a commission of 5-10% for this. You might think that selling to foreign customers can be a risky enterprise, but you can secure all parties to the transaction by formalizing the contract in the form of a letter of credit. The mediator for export-import transactions can arrange a deal so that 90% of the contract amount will be paid directly to the local supplier and 10% to the intermediary himself.
And especially if you are using special software, such as Export Calculator - you can definitely be more effective of your competitors:
Licensing
Commission intermediary
Imagine earning opportunities on commissions in international trade! You can earn on the rewards of local companies for the search of foreign buyers (or for the search for imports of foreign suppliers). You can also earn from the rewards of foreign companies for finding local companies that are ready to purchase their goods (or for finding suitable suppliers and products among local companies).
Internet marketing
Direct deliveries from the manufacturer's warehouse
It's possible that you receive orders from customers located in a foreign country, and you do not need to deal with packaging and delivery of the product. You do not need to fill in any customs declarations or hire brokers. You take orders, and shipments are made directly by the manufacturer. In the same time
Order goods by mail
In addition to current activities, you can take delivery of goods by mail. Such a method of delivery will help manufacturers, retailers and other companies to increase sales, and also contribute to the development of international trade.
Related links:
- Request a freight quote
- Contact SeaRates
- Website Apps
- Tariffs for Suppliers
- Partnership
