What key factors should I consider before exporting?
The development of a detailed and thorough strategy is an important part of the planning process for export. The key considerations in developing such a strategy include:
- Evaluating your product’s export potential and readiness
- Determining if you are fully prepared to make a commitment to international markets
- Identifying the main foreign markets for your products through market research
- Evaluating distribution and promotional options and establishing an overseas distribution system
- Determining export prices, payment terms and other essential business practices
- Acquiring knowledge of shipping methods, export documentation procedures, export financing, and other requirements for exporting.
JAMPRO’s Export Promotion specialists are available to assist you in assessing your company’s export potential.
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