How to Find Overseas Buyers for Your Export Business?
20 August 2020
While starting your export business, you surely have
to consider the problem of how to find overseas buyers for your products and
how to reach out to them. The easiest way to get connected to genuine importers
in the world for exporting your product is to buy market intelligence data with
company names and shipment details from a reliable source like Export Genius. Of course, there are
other ways as well to find buyers for your export business. Let’s make a list
of the most workable ways to get information of foreign importers to ship your
product across international borders.
1.
Global Trade Fairs and Exhibitions
Global trade fairs and exhibitions are a more direct
platform for small & big exporters to get an opportunity to meet and
interact with international buyers who visit for finding exporters. You can
take part in such trade fairs and exhibitions which are organized in your local
country and other countries in the world. These fairs can be general or
specific to an industry. These events see buyers, sellers and other
stakeholders of the trade ecosystem come under a common room in large numbers
and are the perfect venue for networking and outreach to potential customers.
Information about upcoming fairs and exhibitions is available with trade ministry
and your respective export promotion council.
2.
Market Research Companies
Plenty of market research companies offer
trade-related professional services to exporters, importers, traders and other
industries in various countries. They provide shipment information of
companies, countries and commodities. You can purchase information specific to
your product or industry from these companies; however do note that the cost
may sometimes be quite steep. Remember to choose only a reliable market research
company to buy import export data
with customs-based details.
3.
Embassies
While not typically trade-centric establishments,
embassies nevertheless can be good source for trade-related information. Almost
every country has their embassy, consulate, diplomatic mission and high
commission located in other countries. They have access to local news, market
trends, information of companies and other vital business details which will
help you in finding reliable buyers for exporting your product into
international market. Export promotion council also visit embassies to collect
the information and pass it on to you. However, it must be noted that in all
such cases, the onus of due diligence about the credibility of the buyer lies
with the exporter and not the EPC or the embassies.
4.
Government Bodies
Government bodies like trade ministries, export
promotion councils and commodity boards can be a great source of information
when it comes to searching for buyers for exporting goods. These organizations
help companies to find their best prospects. You can also access trade
information and statistics on export of various commodities in your sector,
apart from information on existing buyers.
Ultimately, building your personal network of buyers
and stakeholders in your sector will be crucial to sustain the success of your
export business. You can also create your social networking account and browse
internet to get connected with your customers. And of course, you have to be
very cautious before relying on any source of information. It is advised that
if you can spend money, you can purchase real import-export data with company
names and shipment details from a reliable market research company for growing
your business.
