Posted on: 22 February 2017
If you have been in business for a while and have found a great deal of success in your product sales, you may be looking into the possibility of taking your products global and shipping them to various international locations. However, if you have never worked in international business and sales, the prospect may be daunting. Before you give up on your international business empire dreams, get to know some of the steps that you can take to ensure that your efforts are as successful as possible.
Research the Customs and Tariff Requirements for the Countries You Will Ship to
First and foremost, it is important to get familiar with all of the rules and regulations that go along with international business and trade. If you are looking to sell your products internationally for the first time, it is best to start with just one or two other countries to see if your products have a solid place in an international marketplace.
Once you have a few nations in mind, your next step will be to learn about the customs regulations and tariffs that go into getting products into that country. Each nation has different rules regarding trade and international sales as well as basic product regulations. Knowing the rules and regulations as well as the tariff and customs costs will help you to narrow down your location selections and determine the general costs of taking your business global.
Consider Hiring a Freight Brokerage Firm
After you know where your products will be going, it is equally important to determine how they will be getting there and who will be handling your freight until it arrives. This includes getting your products abroad, through customs, and then on to the stores or other locations where your products will be sold.
Because you may not be familiar with the shipping companies that offer the best international deals or the companies that operate within the country you are shipping your products into, figuring out your shipping methods could be a frustrating and time-consuming task. However, with the help of a freight broker or freight brokerage firm, you can rest a bit easier.
Freight brokers essentially work as intermediaries between the supplier and the shipping companies to ensure that products get from their starting location to their final destination safely and securely. These freight brokerage experts have working relationships with shipping companies and can negotiate great rates and will work as the go-to entity for communication between shipping agencies and the supplier so that all parties are satisfied with the end results.
With these tips in mind, you can better plan your international shipping and business endeavors and find more success as your business branches out into new markets.Share