Miscellaneous sources
Currencies and Transfer of Money Oanda – currencies and historic info in most currencies.http://www.oanda.comhttp://www.oanda.com/currency/historical-rates XE net – a currency converterhttp://www.xe.net/currency […]
Monthly Archives: March 2021
120 posts
Trading Blocs, International Organizations, and Bilateral Agreements
Bilateral agreements http://www.bilaterals.org Trading blocs http://www.wto.org/english/tratop_e/region_e/region_areagroup_e.htm ACP, African, Caribbean, and Pacific States http://www.acpsec.org/ ACS.Association of Caribbean Stateshttp://www.comunidadandina.org/endex.htm AFTA Asean […]
Future Environment
Climate change Future Disaster Impossible to Avoid (Full Documentary)https://www.youtube.com/watch?v=VlqrRVYrXMk&list=UUIup_mBthX8oUFOJUkPPtkA Reuters. World’s largest polluters.http://www.reuters.com/news/picture/who-are-the-worlds-biggest-polluters?articleId=USRTXRKSI#a=1 “Future Earth” [2014 Full Documentary]https://www.youtube.com/watch?v=298672pLJxU&list=UUIup_mBthX8oUFOJUkPPtkA […]
Future Technology
Technology Future Technology that will blow your Mind (Full Documentary)https://www.youtube.com/watch?v=ffWCVhOFpDQ&list=UUIup_mBthX8oUFOJUkPPtkA “Future Earth 2050” #Mind Blow Full Documentary 2014https://www.youtube.com/watch?v=j43ohnuYBWk […]
Do I need to sign a contract with my foreign …
It is recommended that you specify in writing what you have agreed upon. Perhaps you thought you had […]
Should I use my lawyer or a foreign lawyer to …
You can always use your domestic lawyer to set out the main content in a contract. However, legislation […]
How do I treat a trademark in a foreign country?
Register your trademark also in the foreign country. If your foreign partner will be allowed to use your […]
Do I need to adapt my products for the foreign …
Yes. Here are just a few things to consider:Electrical voltage and plug configuration could be different. Climate could […]
Do I need to adapt my sales materials?
Yes, you have to. The way you sell products/services will vary depending on the country. While a German […]
Does colour have anything to do with adapting the product?
Colour means different things. White in one country can mean cleanness and in another country, death. Green can […]
Do I need to adapt the product name?
There are number of reasons you may be forced to change your product name.It may already be registered […]
What do I do with a foreign representative who does …
There are usually two reasons why they may not perform: You selected the wrong one or you have […]
We sell our equipment to different customer groups. Should we …
Yes. As long there is no conflict between the distributors that is fine. So as not to confuse […]
My distributor wants to sell under a private brand. Should …
There are pros and con with this. If you want to get the product known on the market, […]
My distributor wants to use my company name when selling …
Yes. However, hopefully you have registered your trade name in the distributor’s country. If that is the case, […]
How do I make sure to get paid in the …
There are different payment methods and different cultural practices that guide when and how payments are made. The […]
Is a Letter of Credit (L/C) a good payment method?
Yes and no. It is a safe way to get paid if it is the right type of […]
How does Cash Against Document (CAD) or Documents Against Payment …
Cash against document means that you ship the goods to the foreign country. The documents (Bill of Lading […]
What currency should I use when exporting?
You would most likely want to get paid in your own currency. However, the local distributor wants to […]
How do I make sure I don’t lose money on …
Let’s assume you are a US company and invoice in EURO. There are a number of ways to […]
Which kind of distribution channels should I select for a …
How much control do you want and what will you be allowed to do in the country. For […]
What are the pros and cons of having your own …
PROS CONS Under your control High start up costs Easier communications with HQ Could be difficult to find […]
How to select the right foreign distributor?
First contact the end user (customers etc.) and ask them to suggest companies they want to buy from. […]
How do I set my export price for a specific …
The market price is always the basis for the export price and not your manufacturing cost. Find out […]
How do I proceed with inter-company pricing if we own …
You should treat your own company as you would any distributor. They have to make money and you […]
How do I set the value of a down payment …
When you sell a license, you sell the right to produce and market your products. What you charge […]
As a new exporter how do I select a market?
You first have to ask yourself a few questions. How fast do you want a return on your […]
How do I select markets for the long term?
Look for markets with potential for expansion, where your products will fit in and where you can achieve […]
What is the difference between international and domestic business?
Here are some key differences: New marketing environments will require you to change your standard marketing techniques As […]
What do we have to adapt or change in our …
You have to remember that you are the foreigner. Learn about the local culture and how to do […]
Do we have to teach our staff something special?
Exporting requires considerable teamwork. You have to involve all your staff and teach them the new rules. They […]
Exporting is a Mindset
Many companies are reluctant to export because of all the hurdles they feel they have to overcome. Others, […]
Turbulence in the Stock and Currency Market and Doing International …
What does this have to do with exporting and international business?When you play the stock market, it’s essential to: […]
For those who want to fail in their exporting activities
Leave everything unplanned or base your decision on getting a free trip abroad, wanting to get rid of […]
The Mental Market Research when exporting.
Some samples from the book “Export & Import – Winning in the Global Marketplace” ISBN 978-0-9681148-1-0. Get your […]
How to get your business up when the economy is …
When the economy slows down we feel pressure to put on the brakes. Limit costs, limit traveling and […]
E-Commerce
E-commerce and international business.What does e-commerce have to do with international business?This is a sample from our book “Export […]
Company Introduction
This is an introductory video of Export Pro Inc. and the series of educational videos on international business, […]
Chapter # 1 : Introduction
Introduction to Export & Import Winning in the Global Marketplace, A practical hands-on guide to success in international […]
Chapter # 2 : Why International Business
Why International Business, Export & Import Winning in the Global Marketplace, – A practical hands-on guide to success […]
Chapter # 3 : Practicalities, Culture in the Int’l Busines
Practicalities and Culture in International Business. Export & Import Winning in the Global Marketplace, – A practical hands-on […]
Chapter # 4 : Market Analysis
Market Analysis. Export & Import Winning in the Global Marketplace, – A practical hands-on guide to success in […]
Chapter # 5 : Selecting the right export distribution
Selecting the Right Distribution and Sales Channels – Export & Import Winning in the Global Marketplace, – A […]
Chapter # 6 : Export Pricing
Export Pricing: Export & Import – Winning in the Global Marketplace, – A practical hands-on guide to success […]
Chapter # 7 : Adapting products, services and sales material
Adapting products, services and sales material: Export & Import – Winning in the Global Marketplace, – A practical […]
Chapter # 8 : Shipping
Shipping – Transport, Trade Barriers, Trading Blocs and International Organizations: Export & Import – Winning in the Global […]
Chapter # 9 : Risks and Payments in International Business
Risks and Payments in International Business, Export & Import Winning in the Global Marketplace, – A practical hands-on […]
Chapter # 10 : Importing
Importing, Export & Import Winning in the Global Marketplace, – A practical hands-on guide to success in international […]
Chapter # 11 : Legalities in International Business
Legalities in International Business – Export & Import Winning in the Global Marketplace, – A practical hands-on guide […]
Chapter # 12 : International Business in the Future
International Business in the Future – Export & Import Winning in the Global Marketplace, – A practical hands-on […]