Tuesday, 31 July 2018

Step by Step procedure in Exports | Flow Chart in exports | Learn Exim

Hi !!

I hope you are doing good there .

In this section i am going to discuss about the step by step procedure which are practiced during the exports business .





Step 1 : Importer approaches Exporter .

Step 2 : Exporter asks the importer about the requirement . It is important to ask the following the information from the importer so that the exporter has a clear idea about the importers requirement.

- Name of the product

- Quality

- Quantity

- Specifications of the product.

- packing

- Delivery port

- Payment terms.

- Target price ( If any )

Step 3 : Upon receiving the above information exporter quotes the price or give quotation.

Step 4 : Negotiations happens

Step 5 : Later , The price is accepted by the importer , The purchase order ( P.o ) is raised by the importer . This P.O has all requisite terms and conditions on the deal , so the exporter has to  read it carefully

Step 6 : Contract signing happens between importer and exporter .

Step 7 : Payment terms as per the P.O has been made by the importer .

Step 8 : Payment confirmation is received by the Exporters bank .

Step 9 : Exporter prepares the pre - shipment documents along with the Goods and handover it to the CHA for customs clearance and thereby exported

Step 10 : After shipment , the exporter submits all the requisite documents to the bank for the negotiation of payment.

Step 11 : Payment knocks the account as per the terms in P.O in the exporters account.


These are the stages which is involved , If your importer says to Get additional Certificates then this has to be done before you handover the goods to your CHA for customs clearance .

Note :
1. The shipping terms says it all that whether you have to bare shipping charges or your importer . This is been well clarified before you kickstart .
2. Payment terms as per the P.O Again whether you will advance or post shipment .

I hope you got the entire view on exports Flow chart , For any further suggestions , Do reach us - Ln140559@gmail.com

For Practical oriented Training Sessions on Export / Import / Consultations , Do reach us on santhoshnth11@gmail.com 

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Learn Exports Imports Practically | Tips for the startups in Exports | Learn Exim

Hi !!

I hope you are doing good ! In this section i am going to give to out 5 tips for the startups who are planning to start up their own exports business .

Being ourselves into the exports sector for more than 25 years , we have seen many startups struggling to get a right mentor or a right information to get started .




Here are the Five tips to get started :

1. Know your business :  It is at most Required to know what business are you going to start . This comes in terms of the knowledge you hold in this business . Getting a knowledge from the right person with a accurate information is what should be your first step .

2. Investment : I feel that in the  markets , people feel and think that we require 7 DIGITS Investment to kick-start , But its a myth . The truth is you can start off the export business at just 6 Digits investment . Starting off Exports today is easy right from your house.

3. Product selection  : The product selection is very crucial stage , as this is the stage where most of the startups gets confused on . Selection of the product is directly proportional to investment and market demand . So , select the product in which you have good knowledge in working with so that it becomes easy for you to convince the counterpart . You need to also keep in mind whether the product chosen by you is coming under restricted or prohibited or free to export category .

4.  Market selection : Get in touch with various Exports data providers which gives out clear graphical understanding about the demand of your product globally . this is basically a step which can be practiced only through data , graphical representation and visiting each country is not viable for all startups .

5. Jump into the market : After practicing all the above steps , get started to generate leads for your company . The leads can be generated right today either through online or offline . Offline turns out to be having a higher lead conversion rate when compared to Online , But slowly the trends are changing and expecting the Digital marketing to have boom in exports marketing .  so try to attend international buyer - seller meets , International trade fairs , trade exhibitions abroad which gives an opportunity to meet the buyer face to face and thereby closing the deal.

I hope these 5 tips would be off great help for you ! stay tuned to get more tips . For any suggestions reach us on Ln140559@gmail.com .

If you are planning to Learn exports / Imports Practically , Do connect with us at santhoshnth11@gmail.com

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