The Complete Guide to Successful Export for Quality Goods

25 Okt 2021
By Maya Puspita

Quality goods is a term used to describe products that can be exported and meet the quality standards of the target market.
To begin, let us consider that exporting for any company begins with a thorough analysis of the target market. Many companies do this by conducting customer research or surveying potential customers. After this, they must identify which products they will export from their line of work.
It is not an easy process, but it is worth it in the long run. A business has to study some important things before they start exporting their product abroad. They have to figure out if their product will be competitive enough on the market and if they can find a reliable manufacturer that can produce similar products at a more competitive price than theirs.

Successful exporters understand that it is not the absolute difference in the price of goods that they are selling that helps them to make a profit on their international trades. They use knowledge gained from past experiences to keep costs low and scale their business.
The challenge for new importers begins with understanding how to become successful exporters before they even start trading. Successful exporters have developed strategies for taking advantage of factors such as economies of scale, reducing logistics costs, and increasing profit margins.

Successful exporters share the 9 rules of export businesses that make it easy to succeed :

Rule 1: Set your company's goal correctly.

Rule 2: Do not wait for things to happen act now.

Rule 3: Adopt a growth mindset, not a fear-based one.

Rule 4: Do not wait for opportunities, seize them.

Rule 5: Partner up with local experts.

Rule 6: Train your staff in all aspects of the business.

Rule 7: Leverage established networks and relationships to find new partners and customers.

Rule 8: Always invest in innovation and technology development.

Rule 9: Get rid of old habits that are no longer effective or competitively viable, use creativity as an incremental process.