The Internet has opened a new era of business
opportunities. Falling Trade Barriers Combined With Easy Access
to exchange information thanks to the Internet have created dramatic
possibilities and sparked the growth of global online commerce in
virtually all areas.

Many companies are taking great advantage of electronic media
aggressively making new contacts, accessing new markets
and reduce costs with the help of online technologies.

Whether you are starting a new import business or planning
expand your existing business, you too can use the Internet as
your main channel to get information, get products
or services, find suppliers and do your marketing.

Before the Internet age, finding a viable product to import
It was not an easy job! Trade fairs and trips to foreign lands
were the two best options available to get down to business
information about a product and its supplier. today, required
information on any conceivable product from virtually any market
is available at your fingertips.

find a product

If you know what you plan to import, a substantial job
It is done! Otherwise, your first step is to choose a
product or service feasible to import. Whether you are planning
to import a general merchandise or an industry-specific product,
do your homework well.

Browse through catalog repositories, B2B exchanges, electronic
trade meetings, trade magazines, and virtual trade shows to find a
product. If you know the country of manufacture where the
the product is obtainable, please refer to the specific country
portals and exchanges. Here is a list of high quality electronic products.
business boards:

For products made in China: http://www.alibaba.com

Sourcing from India: http://www.trade-india.com

For Russian products: http://www.rusbiz.com

Products from Europe: http://www.europages.com

From South Korea: http://www.ec21.com

For other country or industry specific B2B exchanges
look at this list:
http://dmoz.org/Business/E-Commerce/Marketplaces/

Your criteria for choosing a product to import should include:

Your prior knowledge of the product you intend to import and your
industries Your chance of success increases considerably if you
you know the product well.

Access to the required amount of this product. if you spend time
and effort in developing a local market for a product and not being able to
to deliver, you will lose business and reputation.

Product quality. This is a crucial aspect for the development
a market for any product. Product quality must be
consistent with the market requirement.

High profit margin. Since importation incurs many expenses that are
specific to this type of business only, before importing anything,
must carefully calculate all the required expenses and see that
you still get attractive benefits. You can check the sites of
potential competitors and do a price comparison to get
initial idea about the current market price of your products.

Find Provider

Once you know what you plan to import, your next step
is to find a reliable supplier for this product.

Emarketplace or B2B exchange

B2B exchanges can be a good help to get suppliers from the
products you plan to import.

The possible steps you need to take to find a provider for a
B2B exchange, are listed below. As an example, http://www.rusbiz.com is
used.

– Register your company. Often this service is free!

– Go to “Advanced Search”

– Write the name of your product in the corresponding box

– Select the required criteria and click “Search”

– You will find a list of companies.

– Take a look at each of them until you find a suitable one.

Chamber of Commerce

Another option is to contact the Chambers of Commerce to find a supplier.
A Chamber of Commerce is an association of companies that protects
and promotes the business interests of its members.

For a complete list of Chambers of Commerce in various countries
take a look at this page: [http://www.worldchambers.com/CCII/index1.htm].

Best seller

If other methods did not bring any fruitful results, you can
Consider posting classified ads in a variety of business forums.
There are many trading boards available on the Internet. While
post trading opportunities be sure to specify your requirement
precisely. A well written ad will bring much better results. Mail
your trade leads frequently until you find a good supplier for your
product.

Once you find a provider that suits you, review it thoroughly.
Your provider must meet the following criteria:

The supplying company must transport the product for a substantial period
of time.

You must have export experience – preferably to your country.

You must have easily available export references.

It must be a reputable company in your country.

If the company meets the criteria above, get Dun and Bradstreet
company report to verify its financial history.

Sale of imported products

Before even thinking about importing a product or service, you
you need to know exactly who your customers are and how they are doing
to sell their products. Although there are many ways
of selling a product, selling through the Internet is gaining
ground fast.

Sell ​​through your own website

Considering the growth of electronic commerce, today, any consumer-oriented
product is viable to sell through the Internet. your success will be
It largely depends on your ability to market your website properly.
Your website should have the following qualities, among others:
attractive design, clearly described product specification
images, great content, fast connection, easy to use shopping cart
and a good merchant account.

drop ship

As a direct distributor, you carry inventory and your
the venture partners make the sales. Once a product is sold, you get
payment from your partner but send the product directly
to the end customer.

Sell ​​through distributors.

Sell ​​through resellers with experience in their lower field
marketing and sales costs. If you sell products through a number
of dealers and each of these dealers uses diversified
marketing method, your sales potential is multiplied without
spend more on marketing.

electronic market

An electronic marketplace is a business community where you can expect
to see a large number of buyers and sellers. For a seller it is
a low-cost, highly functional and easy-to-use sales channel.
The benefits of selling products through emarketplace also include:

– Low cost of customer acquisition

– Improve customer service

– Efficient method to share information.

Reduce supply chain cost

Entrepreneurs who want to take importation seriously have to
acquire substantial knowledge of the process. A lot of
The information necessary to carry out an import and export business is
available on the internet. Anyone enthusiastic enough to
learn you can easily find them and use them to build a profitable business and
interesting business