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Secrets of International Trading
"Agents
are always tempted to neglect |
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An overview If the exporter appoints a foreign import agent, distributor, export merchant or export agent, trading house, Resident foreign buyer, channels of distribution for its goods, the promotional strategy should be developed in consultation with them. Obviously, the exporter should have as much say in the matter as possible by setting it in the Agency or Distributorship Agreement. Since the agent's commission will depend on the sales orders - it should be sufficient motivation for it to do a good promotional job. An agent always has the temptation to neglect one product for another for which the commission is greater. Or the agent could be short of funds to pay for the necessary promotion or wishes to skimp as much as possible. Buyers Obligations
The exporter may find it more effective particularly if it is exporting machinery or other technically sophisticated products, to send out its own sales engineers and trainers rather than rely solely on the efforts of the foreign agent or distributor. Sellers Obligations |
Secrets of International Trading
How to manage Export Promotion? How to Draft and Agency Agreement? Export Trade Barriers & Trade Blocks How to Develop an Export Market? How to Conduct Export Research? How to calculate Costing for Export? Hazards of Export Packing & Shipping Export Shipment and Transportation |
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Responsibility for ensuring that the proper product advertising is being done abroad is often delegated to the export firm's. A small export firm, may enlist the help from an advertising consultant on a part-time basis and suggest basic ideas to the firm's representative. Government trade consulate help may also be obtained in planning other forms of export promotion, including preparation for trade fairs. Bigger exporter, should attempt to establish a consistent world wide corporate identity that is synonymous with quality and reliability. This can involve not only traditional forms of promotion but also the sponsoring of sporting and other public events, charitable donations, and community involvement. All catalogues, brochures, manuals and other written material should be in the local language, to portrays, as much as possible, a local image. How to develop your export market?
"Trade fairs are often the most effective Back to page 1/4 This is page 2/4 |
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