Monday, 25 March 2019

Why Start Exports Business ? What is the scope of exports ?

Why start Exports ? What is the scope ? Am i Eligible ? What products to start with ?
Well ,During the ancient times we used to trade across the Border , you can Call it as " Cross Border Trader " , " Export Trade " , Foreign Trade " This trade used to happen on Barter System , I.e One used to have excess and get it exchanged by other countries , With due change in system and time that has ultimately become a Revenue generation model , Of-course this is not exactly the revenue generation , you can say that you are supporting that country , where that country is facing the deficit of that product & earning a Foreign exchange to the home country .
Adding to the above point , EXPORT Has a Greatest Opportunity which helps Individuals / Organizations to Travel globally , Know - how about the Trade , Their culture and most importantly how we can streamline our business in that country.
One of the easiest Business & Tricky as well at some times , Its an opportunity to support our country with Forex , Be a support to out Nation .
Scope of Exports ?
Scope of our Indian products are increasing day by day , where people are Looking at Indian goods & prefer indian products , Just because of our system which creates a challenge to basically convince the international buyer. Major Scope of Indian goods are into : Agro , Apparel , Pharma & Chemicals. The market is TOOO Big and hence we just need to capture as per our capacity / ability .
Am i Eligible ?
The following are the pre requisites to get started :
1. Product knowledge
2. Market knowledge
3. Ability to handle international queries
4. Strong knowledge of International trade .


What Products to Start with ?
Most of the Newbies , Get stuck at this point on what products to start with .
For a startup who doesnt have a business experience you need to remember this two pont :
1. Investment.
2. Product knowledge
3. Supply chain management.
4. competitor analysis 
Now , What is the products that startup can actually get into ? These are products that a startup can get in :
1. Fresh Fruits & vegetable , Like Onions , potatoes , pomegranate , banana etc
2. Apparels - Mens & womens garments
3. Handicrafts
I hope through the above article you would have got a clear picture Of what is the purpose of you getting into Exports .

Please comment your queries we will be happy to help you ! 
#LearnExim #Exportsupport #startuphelp