And Finally ....

And Finally ....

I have been writing weekly articles on international trade matters throughout 2024 but there won’t be any more after this week. So, in bringing down the curtain on my 40 years of contributing to British exports, let me leave you with these thoughts.

·??Don’t go jumping blindly into export opportunities. It is vital that you research markets, cultures, economies, histories and trends – before meeting any prospective customers.

·??Don’t underestimate someone with whom you are going to negotiate. Just make sure that you are the party with the most information.

·??Don’t lose sight of the customer’s buying experience. Make sure that you are comfortable to buy from.

·??Don’t dilute those qualities for which we are known – be punctual, be polite, be honest and be organised.

·??Trust your gut reaction – if something sounds too good to be true, that is usually because it actually is too good to be true!

·??Exporting can be very strength-sapping and you will frequently have to work long hours – but it is worth it.

·??Ignore the newspapers. They will tell you that exporting is tough and that everything is against you. And yet British exporters continue to enter new markets and develop profitable, sustainable pieces of business. We can export!

?A full range of exporting hints and tips can be found in my book, “The Intrepid Exporter”

https://amzn.eu/d/65617ky

?

要查看或添加评论,请登录

Mike Stokes的更多文章

  • Share Best Practices

    Share Best Practices

    When you are supplying overseas markets via a local representative (typically a distributor or reseller) your…

  • Change Your Style When Selling To Americans

    Change Your Style When Selling To Americans

    Just because Americans speak English, it does not mean you should act in the same way as when you are selling to…

  • 80:20 Applies To Export As Well

    80:20 Applies To Export As Well

    In most businesses, 80% of the revenue comes from 20% of the customers – and the same is nearly always true for your…

  • "DAP" versus "DDP"

    "DAP" versus "DDP"

    Before the UK left the EU, it really wasn’t that important whether the agreed terms were “DAP” or “DDP”. This is…

  • Spread Your Risks

    Spread Your Risks

    When formulating an export strategy, try to avoid putting all your eggs in one basket. Different markets around the…

  • Don't Forget Who You Represent

    Don't Forget Who You Represent

    When visiting overseas customers, you will come into contact with all manner of people – airline staff, immigration…

  • Don't Make Assumptions

    Don't Make Assumptions

    When dealing with new export customers you will discuss a number of topics, like prices, promotional support, training…

  • Don't Shoot Yourself In The Foot!

    Don't Shoot Yourself In The Foot!

    When visiting overseas customers, demonstrate that you have taken an interest in their local affairs – but be careful…

  • Recover That Lost Export Margin

    Recover That Lost Export Margin

    Whether we like it or not, Brexit has pretty much been delivered. Exporters are now accustomed to the various changes…

  • International Horses For International Courses

    International Horses For International Courses

    When building an export sales team, it is easy to fall into the trap of recruiting smart linguists without checking on…

社区洞察

其他会员也浏览了