How do individuals do foreign trade? Simple sharing10 tips

1. Good command of English. 

In international trade, English is an official language. English is used in many aspects, such as business cooperation, communication, contract signing and so on. 

If an individual is engaged in foreign trade, if he wants to be handy in the future, he must constantly improve his English level and application ability. 

Only in this way can we see moves in foreign trade and strive for the best interests for ourselves. at the same time, we can also take precautions and avoid some things that are easy to cause trade disputes in advance. 

2.  Familiarity with the process. 

If you are already familiar with the process, you can skip it. 

If you are not familiar with it, you can learn more about it step by step. 

These processes include how to reply to customer inquiries, make quotations, make proforma invoices, contracts, case lists, etc., as well as customs declaration materials, contracts, invoices, case lists, proxies, power of attorney, declaration forms, declaration elements, etc. 

3. Stable supplier. 

After we are familiar with the process, it is very important to find reliable and stable suppliers to provide us with products, which is the guarantee of your high-quality supply. 

Only when the supply is stable and the products are of high quality can we have the opportunity to win foreign trade orders. 

In addition, because we personally do not have the production capacity for the time being, the supplier we are looking for had better be the manufacturer, so that we can issue VAT invoices and provide some paper information you need for tax rebates. 

4. Registered company. 

Individual registration companies are now very simple, the reason why to register companies, because foreign trade orders to refund must go to the public account, so need to register a company. 

This is very important, otherwise you will not be able to operate it, unless you take the order and give it to another trading company or manufacturer with the right to export, and you will only take the corresponding cut. 

But this won't do you much good. It's basically an one-shot deal, and customers can skip you and work with them directly. 

5. Open a personal foreign exchange account. 

To open a personal foreign exchange account or an offshore account in Hong Kong is mainly for customers to remit money to you. You need to have a foreign exchange or offshore account to accept remittances from different currencies. Of course, most of them are in US dollars. If not, there is no way to collect the money. 

So this also needs to be prepared, there is no this account, can only be collected by others, the premise is that the customer and you particularly trust, not suitable for the first time cooperation customers. 

6. Have a good understanding of customs-related work. 

The import and export of foreign trade needs to go through a series of customs inspection processes, which requires us to provide all kinds of relevant documents in order to complete the extraction of the goods or the recovery of payment. 

There are many small details worth paying attention to in customs-related matters, if we miss these details, it will easily lead to the postponement of the goods and lead to the phenomenon of breach of contract, which will have a negative impact on the cause of personal foreign trade and is not conducive to the root and far-reaching development of personal foreign trade. 

7、Be familiar with the use of foreign trade tools. 

Individuals do foreign trade, time and energy are very limited, if you want to do well, we must master some foreign trade tools, improve work efficiency and improve the quality of customer development. 

Some foreign trade tools are very practical and must be mastered, such as mail quality inspection tools, free customs data query tools, IP address monitoring tools, mail tracking tools, customer data mining tools and so on. 

8. Reliable logistics company. 

Whether it is foreign trade companies or personal foreign trade, logistics and distribution is a link that must be involved; therefore, in order to do personal foreign trade, we must find a reliable logistics company. 

The transportation of goods provided by logistics companies plays an important role in foreign trade contracts and foreign trade orders. 

At the same time, through the relevant preferential services provided by these logistics companies, it can play a positive role in the promotion of product price competitive advantage. 

9. Be very familiar with your products. 

Do foreign trade to sell products, if you are not even familiar with your own products, customers will immediately ask you, how can you gain their trust, will eventually lose this business opportunity. 

Individuals engaged in foreign trade are already weaker than enterprises in foreign trade competitiveness. if they do not even have this advantage, it will be difficult for that person to take the road to foreign trade. 

10. Construction and promotion of the station. 

The product display or the image display of the personal studio. 

Foreign trade construction station can effectively provide a display platform, as well as product sales platform. 

If you do not have the ability to build a station, you can make use of some station-building systems, which are easy to manage and easy to use. 

So individuals how to do foreign trade business, or need to know more knowledge, so that there are any problems in operation, can be timely communication and solution!

Here is from China Fuyu Import and Export Trading Co., Ltd., Zheng Hao, specializing in exporting all kinds of products, if you need anything, please contact my WhatsApp: + 86 18078548869