Here are seven excellent ways to earn income from international trade.
1. Importing: Retail store owners can find additional products to sell from foreign manufacturers, distributors, and other suppliers. You may even decide to go exclusively into the import business and become a wholesale distributor.
2. Exporting: Manufacturers can find new customers for their products in foreign countries. You could also become an Export Management Agent. Arrange for other domestic companies to sell their products to foreign corporations and earn a commission.
3. Licensing: Consider becoming a licensing agent. Earn royalties by arranging for foreign corporations to manufacture and sell the products of domestic companies.
4. Finder`s Fees: You can earn fees from domestic companies for finding foreign buyers (or for finding suitable imports from foreign suppliers). You can also earn fees from foreign companies for finding domestic corporations that will buy their products (or for finding suitable suppliers and products from domestic corporations).
5. Drop Shipping: Visualize receiving an order from a customer based in a foreign country and not having to be bothered with shipping and handling the product. No customs declarations or brokers are required by you. This is because your drop ship supplier is handling those details.
6. Mail Order: Add a mail order service to your existing business operation. Manufacturers, retail stores, and other businesses can increase their sales by using this additional method of selling that is very conducive to international trade.
7. Internet Marketing: You can also extend your reach to worldwide customers by means of the Internet. Methods of obtaining foreign business include affiliate marketing, online auctions, online stores, and websites.
RESOURCE BOX:
J. Stephen Pope, President of Pope Consulting Inc., http://www.popeconsultinginc.com/ has been helping clients to earn maximum business profits for over twenty-five years.
For valuable Work at Home Small Business Ideas, visit: http://www.popeconsultinginc.com/
Networking is probably the best way to build a profitable... Read More
You have a great idea you know is a winner.... Read More
Seven Questions to Improve Your Business, Your Relationships, and Your... Read More
If you are like me, you are living some distance... Read More
How much is your data worth to you? In this... Read More
1. Combine Emotion and LogicConsumers buy because the want to... Read More
Talk to Your People Often By building a great... Read More
The Internet is a fast growing medium, trancending the personal... Read More
Have you ever found yourself having to scramble to organize... Read More
You need sales and you wanted them yesterday. Here are... Read More
Email etiquette is the key to help calm down anxious... Read More
The number may seem grim for Web-based commerce. In 2004... Read More
Many mistakes can be made in business and if you... Read More
1. Focus on the other Being known as a... Read More
Google is the pre-eminent search engine (SE) with no close... Read More
How do you increase business profits? Answer the following questions... Read More
Part Two of Cash to Cash Cycle SeriesNext: SalesWe've already... Read More
Have you put a lot of effort, time, and money... Read More
From an employee's perspective, management often conducts itself in ways... Read More
What would You do with $1,000,000With $1 Million would you:?... Read More
My husband and I were enjoying our dinner meal one... Read More
There are so many simple, yet really sure-fire ways of... Read More
Here are ten things that you can do to hold... Read More
1. Make a clear, specific commitment to what you want.... Read More
Attraction marketing is about making a customer for life not... Read More
My husband and I were enjoying our dinner meal one... Read More
Always include a powerful signature on every email you send... Read More
1. Use subheads throughout your ad copy.Subheads are great to... Read More
What follows is a bold statement, but sometimes it takes... Read More
How do you focus on your urgent e-mail and organize... Read More
If you are thinking of starting a new business, or... Read More
Only one of every 5 businesses makes it to its... Read More
If you're a beginner, starting a website doesn't have to... Read More
Google is the pre-eminent search engine (SE) with no close... Read More
1. Maintain regular working hours and stick to them.2. Get... Read More
There are lots of benefits for some businesses to import... Read More
We've heard numerous success stories of Internet entrepreneurs like Jeff... Read More
How many of us have been in a position where... Read More
Many businesses lose money yearly because they don't think creatively... Read More
Almost daily, newspapers, business magazines, radio and television carry reports... Read More
Viral Marketing is allowing people to giveaway and use your... Read More
So you have set up your company, fairly established and... Read More
Imagine if you were going to address a stadium full... Read More
Either simply a looker-on or a player in the world... Read More
mistake #1: rely just on financial statementsProfit and loss, revenue... Read More
Use the checklist below to make sure your article, tip,... Read More
We all are project managers. Some of us manage projects... Read More
The 9-to-5 grind can make you feel like a just... Read More
This is a quick checklist of a few things that... Read More
1. Admit there is a problem.The very first step in... Read More
Top Quick Tips |