Undertaking the conundrum of exporting goods from India is not a difficult task. With a few basic protocols, any exporter can now easily understand how to export from India.
The basic know-how of export
An exporter needs to follow the below mentioned basic steps that are prerequisite to set up an export business:
- Understand the items you are looking to export - Firstly you need to understand the global markets and the products that are in demand. This will help you to figure out which is the right marketplace for the exports from India.
- Choice of the right product – Choosing a seasonal product is lucrative for the short term but if you want to increase your sales all year round, it is better to choose such a product that is in demand throughout the year.
- Fulfil the necessary documentation - Obtain IEC from DGFT to export from India. An application for IEC can be made directly on the website of DGFT. It is better to have an idea about the business rules along with regulations of the business.
- Locate customers - If you are looking to start an offline export business, it might be necessary to participate in trade fairs, a buyer-seller meet that may cost you a lot of time and money. The process of starting an Amazon export business is simple and easy. You may reach millions of customers in 18 Amazon global marketplaces.
- Shipping and receiving payments - Time delivery develops rapport among the customers but they become repeat customers. With international shipping, it is possible to tap any corner of the world. You may open a bank account in the respective country, or payments can be obtained in the Indian bank account. With Amazon Global Selling there is the flexibility of both of these options.
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