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Helping Hints for new Exporters
  • Set-up most suitable type of business organization.

  • Obtain IEC Code Number from DGFT and also get registration with Export Promotion Council.

  • Acquire the required expertise and understand Export/Import Policy and Procedures.

  • Select the product/ commodity after depth survey of the market potential.

  • Develop formal export marketing plans and strategy and chose export markets carefully.

  • Adopt marketing strategies that add value to the company’s products/ commodities.

  • Aim at a specific market ninche rather than the mass market.

  • Know the key buyers for your product in the target market through EPC/Embassy etc.

  • Make effective business correspondence.

  • Quality at minimum cost should be the guiding factor.

  • Be creative in finding solutions to marketing bottlenecks.

  • Negotiate with prospective buyer with clear vision and promise and be firm on your words and commit what you can do only.

  • Strictly follow product quality standards and specifications, quality inspection, terms of delivery etc.

  • Follow labeling, packing instructions.

  • Do not hide the facts i.e. delay in delivery etc. make it clear.

  • Hedge your exchange risk.

  • Take financial assistance and expertise from your bank.

Frequently Asked questions on Export & Import 

For a comprehensive export guide, you can purchase The Export Handbook. The handbook takes you through the practical aspects of exporting essential for both experienced and novice exporters. It covers Export Procedures and Documentation, Customs Export Regulations, Internet Commerce, Banking and Finance, Export Risk and Credit Insurance, Marine Insurance, Shipping and Air Cargo, Freight Forwarding, Export Packaging and Resources for International Trade.

 

 

 

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