Tips for Merchant Exporters

Some Important points to become successful in merchant export business.

Merchant Exporter means a person involved in trading activity and exporting or intending to export goods.They do not have their Manufacturing or Processing facility and source the product from others and exports. 

 

Some tips for potential merchant exporters:

  • Study about the product you intend to export that includes features of the products, its technical specification, variety of the product and uses of the product.
  • Should make a sound relationship with the higher management of the manufacturer.
  • Quality is the most important aspect in the international trade. So always beware about the quality of goods exporting.
  • Always keep backups i.e don’t rely on a single supplier. Collect information about similar suppliers to maintain the consistency of the business and reduce the dependency.
  • Should be updated about international prices of the products and changes in demand and supply.
  • The purchase order should be prepared on the basis of the order received from the overseas.
  • Work out exact flow chart and maintain an efficient supply chain system so that timely delivery is possible.

 

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Comments


Arun kmar .k: i like to exports in agro product

Pradeep Joshi: Who is exporting what & where ,this data where I will get ?

Pritesh kumar: I am planning to exports business as a merchant goods exporter, how can I start this business

bhatt: I am going to start export import business as a merchant exporter. I am commerce graduate and want to export pharmaceutical products I don't have manufacturing unit but willing to export. Can it be possible for be. What is your opinion please guide me. Hopes your reply.

srinivasan: We have a small start up which we recently started for Imports & Export of Parts. We are already doing the normal transactions, we here customer sends us the request for the part, we source it locally in India and send it to customer and customer release payment. But now we want to do merchant trading so that the good neither enter’s India nor leaves India. This will save time and double handling for and wastage of time. Can you please suggest us the procedure for the same. We are already GST registered , We have IEC # What else do we need to have. What kind of bank account do we need to open ?

guptha: I am in process of setting up of Merchant Export business. I still lag in some point in this process and I am following your blog to get details on trending topics. I want you to be a consulting person for our team, so we can grow in this field. I am right now working on Documentation and client handling. I am also searching for buyers in other countries. Can we connect more so our team get your consulting and valuable support in any phase of our business. I hope to connect with you soon and discuss more on that.

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