EXIM

How to Find a Buyer in International Market - Part 1

One of the major concern of an exporter to find a genuine and reliable buyer in other country or in international market and same is for an importer to find a genuine and reliable supplier as per their requirement.

In this topic I will try to cover various aspect of finding a buyer or supplier in international market which is important for an exporter and an importer.

Exporters are mainly wary about buyer's financial strength to pay exports bills on time and as per payment terms laid down in their contract and an importer is concerned about quality of product.

Let us discuss that how can we find a buyer in international market.

For simplification, I will divide it into two parts, one is online method and other is offline method.

First I will discuss about online method for finding an importer in other country for our product.

Benefits of online search for a buyer :

Firstly, it is very much time saving and Secondly, cost involve in very much low.

How can we find buyers of our product in other countries?

Let's discuss it point wise.

1. There are several agencies who provides complete data of overseas buyers and suppliers. This data includes various details which is useful to any exporter and importer to explore different buyers and suppliers. However, these agencies are charging amount for subscription of such services.

2. We can search buyers of our product online through google by scrolling several pages. Once we get buyers name, we can search that particular buyer in google to find out their websites and we can get their address, email, contact number.

3. We can request our embassy in the country where we are planning to export our products to provide details of buyers who are dealing in these commodities. 

4. If we are registered with EPC (Export Promotion Council), we can approach them to provide details of overseas buyer who are dealing in products which we are planning to export. We need to provide them complete details of product with HSN Code.

5. There are chamber of commerces which help in providing such datas which could helpful to find out more buyers/suppliers.

 I will add some more details in my next blogs.

Disclaimer:

“The author assumes no responsibility or liability for any errors or omissions in the content of this site and for this blog. The information contained in this site is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness.”

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