How To Make Thousands (Or Millions) Of Dollars Buying Commodities At Low Prices And Selling At The Right High Prices
Trading physical commodities has been happening throughout history. Whether it’s agricultural products like ginger, cocoa, cashew, sesame, or solid minerals like copper, nickel, lithium, zinc, or even petroleum products like crude oil, gasoline, gasoil, and more, their physical trade...Continue reading
6 International Commodity Testing Labs And Inspection Companies You Can Use To Guarantee The Quality Of Goods Before And During Export
Quality assurance is at the peak of the international trade business because international buyers want to know that the product they’re paying for is exactly or better than what they’re getting. Not worse. Since many international buyers cannot visit...Continue reading
20+ Likely Questions International Buyers Ask Exporters Before Doing Business With Them And How To Answer
Closing an international trade deal can take months and sometimes even years before an agreement might be reached. The reason is there are a lot of dynamics involved in the process from first contact till the final delivery, but...Continue reading
7 Logistic Mistakes To Never Make When Transporting Commodities
The entire process of sourcing and shipping commodities are all important to the success of every commodity trading transaction. From purchasing products at the right price to selling with a profitable margin, many activities happen in-between, but one vital...Continue reading
Three Entry Points To The European Market For African Firms
The last decade has been the golden age of startups. Starting in the US, and then shifting to Europe, Asia, and now Africa, entrepreneurs have taken advantage of the technological revolution and have launched their own startup business. Nowadays...Continue reading
7 Ways To Ensure You Maximise Your Profits On Every Export Transaction
They say never count your eggs before they hatch, and for good reason. In an industry like the international trade business, profitability could appear to be very high at first glance, then unexpected events, expenses, and even time lost...Continue reading
2 Hot-Selling Commodities That You Can Export To Make 100% Profit On Every Sale
Finding the right type of business to start up is one of the most difficult things many people have to face. As a result, 9 out of 10 businesses fail in 10 years, and most of the last ones...Continue reading
What To Do If An International Buyer Won’t Pay For The Commodities You Exported To Them
International trade can be highly risky or richly rewarding. And the part of the financial spectrum you fall into depends on how much knowledge you have in the industry, how much experience you’ve garnered, and what type of decisions...Continue reading
What Incoterms Rules Are And How They Can Help Your Import/Export Business Succeed: The Complete Guide
International trade is executed in many forms worldwide. The procedures could be based on CIF, CNF, & FOB terms that have been agreed to between the importer and the exporter. But while these terms are the most popular standards,...Continue reading
5 Risks Of Exporting Manufactured/Processed Goods And How To Avoid Them
Exporting commodities can present various forms of risks and rewards. and while shipping raw commodities comes with its own perks, shipping processed or manufactured goods can either make your company grow faster with its higher profitability potential or cost...Continue reading
How To Set Prices Of Goods For Export Without Making Any Losses
Correctly pricing goods for export can be the difference between profitability/growth and losses/failure. When you price your products right, you take into account almost all the expenses that can be incurred, and in the process, ensure your business is...Continue reading
9 Critical Shipping Documents Required In Most Export Transactions
In every export transaction, especially non-oil export transactions, there are a series of procedures and documents that are standard and never get changed no matter the dynamics of the trade. While many other things can be flexible based on...Continue reading
18 Important Questions To Ask A New Commodity Buyer To Avoiding Wasting Your Time
The international commodity trading business has thousands of players in the industry collectively employing millions of people and executing transactions worth billions of dollars every day. These heavy activities attract both legitimate and fraudulent players and as a result,...Continue reading
9 Common Challenges You Could Face When Exporting Commodities
Have you ever heard the phrase; “In shipping, nothing is guaranteed”? If you have, you’re not entirely wrong, but knowing most of the things that are not fully guaranteed can help you create procedures and structures to provide the...Continue reading
9 Important Things To Know Before You Ship Agricultural Products
Shipping commodities from wherever you are to many parts of the world comes with a lot of perks, conditions, and guidelines to always adhere to to ensure you have a smooth operation. Whether you’re exporting solid minerals, agricultural produce,...Continue reading