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How to Choose the Right Product for an Import Export Business
It might seem interesting when you start your own import export business. You fantasize about sending products to new countries, discovering new customers, and incrementally increasing your income. But the true challenge is already underway. It begins with selecting the correct product. People jump into it. They randomly select a product on a whim, because they got an idea from someone else,...

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How to Choose the Right Product for an Import Export Business
It might seem interesting when you start your own import export business. You fantasize about sending products to new countries, discovering new customers, and incrementally increasing your income. But the true challenge is already underway. It begins with selecting the correct product. People jump into it. They randomly select a product on a whim, because they got an idea from someone else,...

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Using trade data to validate market demand
Any new business is created by one question. Will people actually buy this. Most businesses don’t fail because the product is bad, but because there was no true demand in the market. Hunches, assumptions, and guesswork usually result in bad decisions. This is where trade data comes in handy. Trade data allows you to see what goods are already crossing...

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Improving market predictions with trade data
Knowing precisely when to make the right business decision is akin to predicting what the weather will be. On some days the signs are damn clear. Other days everything changes suddenly. Most businesses don't fail because of lack of trying—they fail because they fly blind, not knowing what the market truly wants. This is where consistent trade data can be useful. Trade...

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Why Accurate Trade Data Builds Trust with Clients.
Trust is the foundation of every good business. In the absence of trust, no deal seems secure. No promise feels sure. And no lasting growth can occur. In an age of fast pacing world where people are working with clients from distance cities and countries, trust becomes even more important. An effective means of building this trust is through transparent trade data....

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How to Track Competitors buyers using trade data.
What every business owner wants to know, quite simply, is this: Who is buying from my competitors and how can I get in front of those buyers as well? It might sound like a secret trick that only big companies know, but it’s not you can do this just as easily using trade data. Trade data can appear complex at first, but once you grasp how to use it, becomes one of the most...

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How to Verify Global Buyers Through Shipment Data.
Businesses often struggle to find actual and credible international buyers. They worry that order inquiries are false, payments get slow or the people they were talking to just disappear after their order is placed.This is where shipment data comes in handy. It's just the ticket for businesses trying to ascertain if a buyer is real, active and trustworthy. To put it simply, imagine you are a...

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How to Find International Buyers Using Import Export Data.
The right overseas buyers can be more elusive than the proverbial needle in a haystack. People often embark on this journey with some passion, goal and good product but are unable to get real buyers.Fortunately, today you no longer have to rely on luck, random searches or long waiting. Now, you can discover the active buyers who are interested to buy a specific product and...

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How Customs Data Reveals Market Opportunities
In the dynamic world market of today, cut–throat competition prevails and knowledge is considered as power. Market, customers and competition are three factors companies that understand what these people have to make smarter decisions and grow faster. Trade data is among the most potent tools for identifying that. It offers a transparent view of how merchandise circulates across borders...

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Using Trade data for competitive market intelligence
In an ever-challenging international market, where everything is made happen very fast around the world, competition is keen and information is power. Those businesses which know their market, customers and competition make smarter decisions and grow more quickly. And one of the most potent instruments to ensure this is trade data. It paints a clear picture of what is crossing borders: who is...

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Top Mistakes Traders Make When Using Import Export Data.
With global trade moving faster than ever before in today’s world, data has become the center of every business decision. From finding potential buyers and vendors to market trends, import export data can help the traders navigate through it all smartly. But there’s a hitch not everyone is taking advantage of this data. But many traders, especially new ones, make easily avoidable...

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Future of Global Trade Data and Digital Analytics.
World trade is the engine of the Global Trade economy. Every single day, thousands of ships, trucks and planes awaken and get to work moving goods across borders from smartphones to spices, cars to cotton. But in the digital age, trade is not only about things; it’s also about information. How we gather, interpret and leverage trade data is swiftly evolving due to digital analytics....

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