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Guide to Exporting
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Wednesday, 11 October 2006 |
While indirect exporting offers advantages, direct exporting also has its rewards. Although initial outlays and the associated risks are greater, the profits are likely to be greater, too. Direct exporting signals a commitment of the company and itsmanagement to fully engage in international trade. It requires that you dedicate sufficient and appropriate staff to support your export efforts, and are prepared for management to travel abroad frequently. Selling directly to an international buyer means you will have to handle the logistics of moving the goods overseas. A relationship with a freight forwarder is essential, if you do not have the technical expertise for document preparation in-house. Direct exporting can be achieved with the help of many organizations.
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Guide to Exporting
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Wednesday, 11 October 2006 |
When you have made the initial choice of target markets, you can move onto assessing how to get your products to potential customers.
You have many options for market entry strategies. The list includes direct and indirect exporting, joint ventures, strategic alliances, acquisitions of foreign companies through direct investment or licensing technology abroad. The benefits and risks associated with each method are contingent on many factors, including the type of product or service you produce, the need for product or service support, and the foreign economic, political, business and cultural environment you are seeking to penetrate. The best strategy will depend on your firm’s level of resources and commitment, and the degree of risk you are willing to incur. |
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International News
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Monday, 09 October 2006 |
 North Korea has a centralized government under the rigid control of the communist Korean Workers' Party (KWP), to which all government officials belong. A few minor political parties are allowed to exist in name only. Kim Il Sung ruled North Korea from 1948 until his death in July 1994. Kim served both as Secretary General of the KWP and as President of North Korea.
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Market Research
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Sunday, 08 October 2006 |
 Japanese cosmetics manufacturers are highly competitive compared to companies from other Asiancountries. U.S. manufacturers of cosmetics should keep an eye on the Japanese market because it is the second largest market after the United States; a successful product in Japan is very likely to be successful in other international markets.
Market Data japanese shipments of cosmetics for 2005 totaled 1,505.5 billion yen (US$13,686 million at 110 yen to US$), a hefty increase of 5.98 percent from 2004, while Japan’s imports of cosmetics increased 1.98 percent to 163.6 billion yen (US$1,487 million). The imports accounted for 10.8 percent of the domestic market in 2005. France and the United States remained the top suppliers; however, cosmetics imports from the two countries decreased to 56.5 percent of total cosmetics imports in 2005, compared to 69.0 percent a year earlier. China ranked a distant third (7.8 percent) after the United States (23.8 percent). Industry sources say that Japanese consumers' interest in beauty and health continues to be high.
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International News
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Sunday, 08 October 2006 |
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By Darrell Hudson
AhoyCargo International Trade Zone
Release Date: 16 October 2006
Location: Geneva
The United Nations Conference on Trade and Development (UNCTD) will present the World Investment Report (WIR 2006) the latest global and regional trends in Foreign direct investment (FDI), which will focus on rising investment flows from developing and transition economies. |
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