Is it easy to engage in import and export agency? Does anyone in the industry like to share some experiences?
Solved#Export agent#
I've been considering getting involved in the import and export agency industry recently. I'd like to ask everyone if it's easy to do in this industry? It's heard that the profit in this industry is okay, but some people also say that the threshold is high and the competition is fierce. I want to know what the actual situation is like, such as whether it's difficult to expand the business, whether the requirement for professional knowledge is high, and whether the changes in policies have a big impact on it and so on. I hope that experienced predecessors can share some insights.
Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Whether it's easy to engage in import and export agency cannot be generalized. On the positive side, with the development of global trade, the market demand for import and export agency persists. If one can seize the opportunities, the profit margin is indeed good. But there are also many challenges. In terms of business expansion, a large number of customer resources need to be accumulated, which cannot be achieved overnight and depends on long-term high-quality services and word-of-mouth dissemination. In terms of professional knowledge, one needs to be familiar with knowledge in multiple fields such as international trade terms, customs regulations, and logistics and transportation. Otherwise, it's easy to make mistakes in operations, causing losses to customers and oneself. Policy changes have a significant impact. Tariff adjustments, changes in trade controls and so on may all affect the business. However, if one can closely follow the policies and make preparations in advance, one can also turn challenges into opportunities. For example, Zhongshitong has been delving into the business and closely following the policies, and has thus established a firm foothold in the industry. So, as long as one is well-prepared, one can also do well.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
It's not easy to do. The competition is too fierce. There are too many competitors. The price war is intense, and the profit margin has been compressed to a very small extent.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The requirement for personal connections is quite high. If there is a stable source of customers, it will be easy to do. Otherwise, if you can't get any business, it will be very difficult to sustain.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Professional knowledge must be solid. There should be no mistakes in handling documents, customs declaration, inspection application and other links. Otherwise, there will be big troubles.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Policy changes are frequent. One must pay attention all the time. Otherwise, if you're not careful, you'll violate the regulations and will be punished.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
The logistics link also needs to be well-controlled. Problems such as transportation delays and cargo damage must be dealt with.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
In the early stage, a lot of capital needs to be invested. Expenses on venues, personnel, equipment and so on are all required.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
If you can cooperate with large companies, it will be much easier and the business volume will be guaranteed.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
The quality of service is crucial. If the service is not good, customers will be easily lost.