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Kamis, 14 Mei 2009

EXPANDING THE BUSINESS

The profit of the import/export business is in the quantity of the goods traded. The higher the cost of the merchandise, the higher the profit from your percentage. Since you need to go through all the steps for each transaction, having more sales on a continual basis simply adds to profit.

Send constant mailings to your original list of contacts and follow-up leads. You might develop a sales approach. As you develop more clients, you can convince the bigger companies of your reputation.

Contact as many manufacturers and distributors as you can on both sides of the ocean. And solidify these contacts. You may be able to work out an arrangement with someone to work in a certain country for a commission. Or, you might want to take a business trip there to personally meet with the various companies.

Get in-depth information on the products now selling. Why are certain products successful? Maybe you can get into the same market with a more competitive product. Investigate ways to sell more. Do the products need to be better made? Do they sell better at a reduced price? Know what sells and where to get it.

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