Q: I'm interested in doing business internationally. I have done some reading on the subject, but there is an awful lot to digest. Have you had any experience in this matter and can you suggest the best way to get started?
-- P. Granger.
A: Great question, Mr. Granger, though not one I'm personally qualified to answer since I have not had direct experience with international sales. So like any good columnist without a clue I can either make up something and hope it sounds semi-intelligent or I can consult someone who really is an expert on international sales and let him answer your question. Since my agreement with The Times prevents me from fabricating anything other than my true age (I'm 29), let's go with the latter.
I called on Jose Rodriguez, President of RISMED Oncology Systems, a Huntsville company that provides high medical technology to radiotherapy professionals around the globe, to get his input on the subject. Jose is an old friend and client and if anyone can give pointers on doing business internationally, Jose is the man.
Jose believes that the decision to do business beyond your own backyard should be based on your success as a local, domestic business first. ?Unless the business is intended to be one that sells to international customers only, one should not jump into international business until they have devoted the time to develop a good local and domestic business first,? Jose recommends.
Here are a few other points Jose recommends that you keep in mind when considering an entry into the international business arena.
Instill Confidence In Your Customer
Regardless of the type of product or service you sell internationally, you must be ready to provide your international customer with an even higher level of service that you offer your domestic customers. To instill confidence in your international customers you might have to offer such things as around the clock telephone support, extended warranties, and other services that help the customer have confidence in doing business with you.
Know The Rules
You must understand all of the rules and regulations that govern international business practices in this country as well as those in your customer's country. Understanding the rules will allow you to provide service beyond the expectation of the buyer and operate within the boundaries of the law.
Understand The International Shipping Process
If goods are being shipped internationally you must have a thorough understanding of shipping modes and regulations. Any difficulties with shipping will always be viewed by the buyer as the seller's responsibility, right or wrong. Understanding the entire shipping process and having policies in place will help avoid shipping problems and keep the customer happy.
Work With Experienced Companies
Always look for experienced companies to work with, especially when if comes to shipping, insurance, freight forwarders, etc. Such companies are great allies and will help keep everything in order and will also help in solving problems related to their end of the process.
Signed and Sealed
Never conduct business under verbal orders. Always put everything in writing with the required signatures. Doing international business is different than domestic business. Outside the United States signatures and seals are required to seal the deal. Don't worry about offending your customer as this is just part of doing business internationally.
Include A Packing List
If shipping goods, always do a packing list and always number the packages (if 5 packages are being sent, label them 1/5 [1 of 5], 2/5, etc.). If anything is lost, they will know which package is missing and you will have sent a packing list detailing what was in every package, making it easy for the customer, the shipper and the insurance company to solve the problem. Also, always insure your goods for at least 110% of their value.
Have A Damage Policy
Always have a note in your paperwork requiring damage or losses to be reported within 24 hours. Damage reports should be made to the customer's local delivery company as well as to the shipping company on your end.
Signing Off
If you are selling services abroad, always have the required paperwork so that as the work is finished or as deliveries are made, the customer signs off in agreement with what was delivered.
Ensure Payment
Depending on the amount of the sale, always require payment in advance in U.S. currency or payment through a letter of credit to be paid out in U.S. currency. You might also require that the letter of credit be irrevocable and transferable, that it allow for payments of partial shipments, etc. The more flexible the letter of credit, the better, and usually such clauses are yours just for the asking.
There are many other considerations you should investigate before starting your international business, but that's a great list to get you started.
Thanks for the great advice, Jose. I couldn't have said it better myself.
Here's to your success!
Business And International Education
This article will help you decide if this home based business for international marketers is a scam or a legitimate business. If you are new to internet marketing or a seasoned marketer, are you interested in starting an international online home business that will allow you to work from the comfort of your own home?
Let's take a short review of Big Ticket To Wealth to learn more about the opportunity. There are three very important things that decide if you will join a new company. The company and founder, the products, and the compensation plan:
The Company and Founder - Big Ticket to Wealth is a new direct sales internet online business that pre-launched in December 2007 and launched in January 2008 by CEO and founder Gerald Van Yerxa. Gerald is a seasoned marketer with 32 years of experience. He was a top producer in a leading MLM company and has had success marketing online.
The Products - Big Ticket to Wealth offers its members a private library of cutting edge internet software, manuals for making money online, and many more products to help you develop skills to be a well rounded internet marketer. Big Ticket to Wealth also has proprietary flash videos that is offered to its V.I.P. members. You would expect this type of technology in television, but it is unheard of in high-ticket marketing programs.
Compensation Plan - Difference is Big Ticket To Wealth's matching override bonuses. What this means is that every time a Presidential package is sold, they would earn $900, and their sponsor would also earn $900. Big Ticket to Wealth's compensation plan is truly different from other international marketing programs.
This has never been done in any of the other high-ticket marketing program. Big Ticket To Wealth commissions and matching override bonuses is the richest in the industry. This means that even new internet marketers can be successful with this unique type of compensation plan.
Big Ticket to Wealth offers different levels that you can join at and each level has its own commissions and matching override bonuses. *National Membership fee-$797; *Executive Membership fee-$1197 and the *Presidential Membership fee-$1997.
In conclusion, Big Ticket To Wealth is a legitimate international business opportunity that has a founder who is a leading marketer, has solid products, and a very unique Big Ticket To Wealth compensation plan. I hope that this review has given you insightful information to the company.
Are you interested in starting an international online home business that will allow you to work from the comfort of your own home?
Both Tim-knox & Colon R. Bolden are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Tim-knox has sinced written about articles on various topics from . Tim KnoxEntrepreneur, Author, SpeakerTim Knox is a nationally-known small business expert who writes and speaksfrequently on the topic.For more information or to contact Tim please visit one of his sites below.. Tim-knox's top article . to your Favourites.
Colon R. Bolden has sinced written about articles on various topics from web development. I'm a top internet marketer in the online internet business industry. I specializes in helping others succeed in marketing
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