Trade Secrets of Import Export Busines: How Did This Company Close Deals Like Crazy in 3 Months?
In the tide of import and export trade, the kitchenware industry, as a member of traditional commerce, is facing unprecedented challenges and opportunities. This industrial and trading enterprise in Yangjiang City, Guangdong Province, with its profound technical expertise and a spirit of continuous innovation, has achieved certain success in the global import and export market. However, as the landscape of import and export trade evolves, the company has realized that digital transformation has become an inevitable path for its sustained development. Just when the enterprise was at a crossroads, the emergence of Tendata brought a turning point for this kitchenware trader, guiding it to continuously expand its business.
Facing Import and Export Challenges: Kitchenware Enterprise
In the city of Yangjiang, Guangdong Province hailed as the "Capital of Knives and Scissors" in China, there is an industrial and trading enterprise. This import and export company, equipped with leading technology, modernized facilities, and an innovative and efficient management system, focuses on providing high-quality products and services to global customers. The company's diverse product line includes ceramic knives, stainless steel knives, scissors, and various kitchen utensils. These products have successfully penetrated multiple international markets, including Europe, America, Japan, South Korea, and the Middle East. The company has established solid partnerships with internationally renowned brands such as Wal-Mart, Carrefour, Disney, and Daiso.
However, against the backdrop of the continually changing global economic trade environment, this import and export enterprise also encounters some challenges. They have been relying on Google search engines to explore customers, and although this approach helps identify some clients, it does not allow for detailed customer categorization or a deep understanding of supply chain and procurement background information. According to the feedback from the company's foreign trade manager, the orders from their existing customers are no longer as stable as before, and expanding their customer base has become exceptionally challenging.
Just as the import and export enterprise is facing numerous challenges, Tendata, an import and export data provider, has brought a brand new digital solution to the company. Tendata, as a digital comprehensive international trade service provider, offers products based on massive real import and export trade data. This helps the enterprise accurately analyze global market dynamics and identify potential customers with extremely high matching rates.
Through deep collaboration with Tendata, the import and export enterprise gained a profound understanding of the core value of Tendata's Customs Data Platform. Tendata's experienced team crafted a clear market layout for the enterprise, helping them identify precise target markets. Simultaneously, under professional guidance, the company learned how to efficiently utilize the "Data Intelligence" feature in the iTrader platform, enabling them to conduct effective searches, thus screening and ranking critical suppliers and clients.
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The import and export enterprise further leveraged the "Business Insights Radar" feature within the iTrader platform to gain insights into procurement dynamics and supplier intelligence. By analyzing product demand derived from filtered data, the company accurately assessed the alignment of its products with the market. Additionally, Tendata's supplier directory and comprehensive supply chain relationship reports provided the enterprise with comprehensive and precise market insights, offering robust support for making insightful decisions!
In just one month, the import and export enterprise, leveraging Tendata's data, identified 17 customers with actual procurement needs. Further analysis revealed that two of these customers, in addition to stainless steel kitchenware, also had a demand for silicone kitchenware. After thorough market and product analysis, the company meticulously formulated a comprehensive customer expansion strategy.
Through communication with customers and in-depth analysis of competitors, the enterprise finally reaped the rewards in the third month: securing its first order and embarking on a new journey of long-term collaboration with new clients. This success is not only a victory for a single order but also a breakthrough in the global kitchenware market.
Tendata platform stands apart from the passive waiting-for-customers approach of traditional B2B platforms. Built on big data, Tendata actively conducts in-depth analysis of customer backgrounds, precisely pinpointing buyers with transaction records, thus significantly filtering and targeting major clients. (>>>Click to Inquire about Tendata Products)
With Tendata iTrader, boasting customs data from over 80 countries, internet data from 141 countries, commercial data from 198 countries, and a database of 130 million purchasers, processing a daily roll of 10 billion records, you can swiftly and intelligently sift out 120 million executives and decision-makers, complete with contact information such as email, phone, and social media. Additionally, it synchronously displays company directories, product images, and websites, while offering 17 types of visual reports, aiding foreign trade enterprises in precisely positioning and analyzing markets, helping you swiftly locate the precise buyers and suppliers you need. Visit the Tendata official website for more information.>>>Click to Inquire about Tendata Products