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Is it easy to run an export agency company nowadays? I'm looking for experienced people to share their insights!

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I'm planning to get into the export agency business recently and I want to know if it's easy to run an export agency company now. The current foreign trade market environment has changed a lot, and policies are also adjusted from time to time. I don't know how difficult it is to enter this industry. Also, is the competition fierce? What about the profit margin? I hope experienced seniors or friends who know the market situation can help analyze and give some suggestions. Thank you!

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Professional consultant answers

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

Nowadays, export agency companies are in a situation where opportunities and challenges coexist. From the perspective of opportunities, with the gradual recovery of the global economy, the scale of the foreign trade market is expanding, which brings more potential customers for export agency business. Moreover, some small and medium-sized enterprises may lack export experience and resources and need the assistance of agency companies. However, there are also many challenges. The competition is becoming increasingly fierce. There are a large number of export agency companies in the market. To stand out, unique services and a good reputation are required. Policies and regulations are constantly changing, such as customs policies and tax policies, etc., which need to be closely monitored and adapted to. In terms of profit margin, it mainly depends on business volume, service charging standards, etc. If done well, the profit can be substantial, but the initial investment may be large. To run an export agency company well, efforts need to be made in aspects such as service quality, cost control, and policy interpretation.

In short, as long as there is a clear plan and execution ability, there is still room for development.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

It's not easy. With the rapid development of e-commerce nowadays, many enterprises build their own teams to do exports, resulting in a decrease in the demand for export agency companies and greater competitive pressure.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

I think it's okay. The key is to establish long-term cooperative relationships with customers. As long as the service is good and the customers recognize it, there will be stable business and profit is guaranteed.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

It's difficult. Exchange rate fluctuations have a great impact on foreign trade. Export agency companies may suffer losses due to exchange rate issues and have to pay close attention to exchange rate changes to make responses.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

It depends on the region. The coastal areas with developed foreign trade have fierce competition, but also a large volume of business; the inland areas have relatively less competition, but also fewer business opportunities.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

The policies change too quickly. For example, the adjustment of the tax rebate policy. If not mastered in a timely manner, it will affect costs and profits. This aspect needs to be paid attention to all the time.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

Besides competition and policies, talents are also important. Professional talents who understand foreign trade processes and have good foreign language skills are not easy to find, and ways need to be found to retain them.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

Good market promotion is needed to let more enterprises know about your company. Otherwise, even if the service is good, it's useless if no one knows.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

Nowadays, there are continuous trade frictions, and customer orders may be unstable, which has a greater impact on the performance of export agency companies.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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