How can a port storage agency develop export trade business?
Our company operates as a port storage agency and now wants to expand into export trade business, but we're unsure where to begin. We have port storage resources and a certain customer base. We'd like to ask, what specific steps should we take to successfully develop export trade? For example, what should we pay attention to in terms of processes, market expansion, and risk control? We hope experienced professionals can provide detailed suggestions.
Professional consultant answers
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
First, clarify the export trade process. The first step is market research—analyze target market demand, competition, etc., to determine export products. Then establish good cooperation with suppliers to ensure product quality and stable supply. Next, proceed with booking, either through freight forwarders or shipping companies. Professional forwarders like Zhongshitong can provide suitable sailing schedules and space. After that, complete customs declaration and prepare relevant documents to ensure compliance. After the goods are loaded, follow up on transportation until delivery to the customer.
For market expansion, leverage existing customer resources and participate in international trade fairs or promote products on online trade platforms.
For risk control, pay attention to exchange rate fluctuations—hedging can be done through financial instruments. Contracts should be rigorous, clearly defining the rights and obligations of both parties to avoid potential risks.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Leverage the advantages of port storage to attract cooperation with nearby manufacturers, providing them with one-stop export services, including storage, transportation, and customs declaration, to enhance business competitiveness.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Building a professional foreign trade team is crucial. Team members should be familiar with foreign trade processes, international trade regulations, and foreign languages to ensure smooth business operations.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Focus on credit management. Conduct credit assessments for foreign clients to avoid bad debt risks, possibly with the help of professional credit assessment agencies.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Stay updated on policy changes. Export trade policies are dynamic, so timely awareness of adjustments in tax rebates, tariffs, etc., can help reduce costs reasonably.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
Optimize logistics and distribution. Collaborate with high-quality logistics providers to ensure timely and accurate delivery, improving customer satisfaction.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Strengthen brand building. Develop your own brand to enhance product value and market competitiveness.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Provide excellent after-sales service. Address customer feedback promptly to build a good reputation and foster long-term cooperation.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Use big data to analyze market trends, accurately target potential customers, and develop more effective marketing strategies.