Are you considering to start your own export-import business? It is a good idea, the world is more open than ever before, trading or import-export is booming. Small export business can be very lucrative if you are executing a great import export management course in pune business idea.
But you don’t know what kind of import-export business ideas are actually good? If YES, then this article will give you more than 20 most profitable import-export business ideas. Each of those could be your starting point for your own export import business.
Before we look at the export-import business ideas more closely, let’s look first at the import-export business or trading business generally. It is useful to be familiar with what you are going to deal with and what is the potential of this type of business.
Export Import Agent – one of the easiest import-export business ideas
This import-export business idea is also called as an export-import broker. This is an affordable way of getting started in export-import business and build up a regular commission fee streams.
The export-import agent is making a commission fee from the exporter of the product or also imported. The Commission fee is % of the total value of the transaction executed.
For an export-import agent, two things are crucially important to protect your commission fee.
- Commission agreement must be solid and well proved.
- You need to keep good relations with your clients and always offer them value.
Direct exporting
Direct exporting is another import-export business idea and is the traditional way to export import academy in pune. You need to directly buy or produce and export the products.
This is most risky but its also possible to make the biggest profit. It is common that people from developing countries like India or China make fortune with direct exporting.
Direct importing
Also a quite easy import-export business idea, the traditional way to get started in export import business. Usually importing and then reselling in your country is easier than exporting. It is easier because you know your home country market better than export markets. You are able to conclude deep market research and select the right product for importing and reselling.
If you are from a developing country, then very definitely you can look to import western brands, food and beverage and high tech from European Union countries.
Online exporting
Who hasn’t heard of Amazon, eBay? It is possible to import products in bulk and then sell those online with great markup. You can analyze the trends and make sure what is selling well, so you can import those in bulk and sell online.
You can open an online store on Amazon, eBay, Aliexpress and make great pictures and product description and also add your private label- what will be your brand.
Selling craft online
This import-export business idea is not for mass production. Are you producing amazing and beautiful hand-made products?
If so then this is your chance to start selling those to the whole world through an online store.
Jute-made laptop bags, handmade clothes, wood-work, ceramics, glass ornaments all these items can be sold online nowadays.
