Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What are the best tested methods to find the potential buyers of the products you need to export? And why?

Would you:

- Search online?

- Go to the commercial council at the Embassy of the targeted countries?

- Apply actual visit to each country and go the ministry of trade & industry and to the chamber?

- Participate and visit major exhibitions of each targeted country related to your products? 

user-image
Question added by Hosni Shaheen , Manager Business Development , Global Pharma Consulting Group
Date Posted: 2017/03/27

It would be advisable to hire overseas agents on a commission basis. To find reliable sales agents, you can contact the Chamber of Commerce in the country you intend to export to, the Export Promotion Councils and independent consultants..

 

The best method is on the ground research in target countries. Nothing beats interacting with the populace, reading newspapers, visiting markets, visiting stores. One can even place a test advert in a local newspaper and gauge the response.

Visiting embassies and ministries  is a ok idea however its not from the horses mouth ie direct from the potential customer.

It is no use to participate in exhibitions unless you know the public will like the product. Exhibitions can be deceptive in that everyone is interested there.

 

Max Munaf
by Max Munaf , Group General Manager , Power Group of Companies

Before planning to export it is important to understand the destination market carefully. In my experience, I have seen that local knowledge or a visit to the destination market is very important in establishing a good rapport as well as gaining local insight. Buying patterns for a product manufactured in the home country could be very different in different parts of the world.  Purchasing habits, payment terms and packaging requirements for A product could be very different in West Africa versus East Africa, Europe Versus North America and simply the Middle East versus the Far East. 

What helps tremendously is participating in the local trade shows as an exhibitor or simply as a visitor. It gives the exporting company a great insight into a market in a relatively small period of time with a very dynamic picture of the local requirements and trends. 

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.