Imports & Exports Samples and Writing Tips

What are common types of Import & Export businesses?

1. An export management company (EMC) is a company that manages export operations for a domestic company that wants to market its product internationally but doesn't know how (or doesn't care). The EMC is in charge of everything, including recruiting dealers, invoicing clients, vendors, and representatives, managing advertisements, publicity, and promotions, overseeing labelling and packaging, coordinating delivery, and sometimes arranging funding or contracting out for the creation of a credit card app. In certain cases, the EMC also acquires control of the products, essentially making it its own distributor. EMCs normally specialize in a commodity, a foreign market, or both, and are paid by commission, wage, or retainer plus commission unless they've taken title.
2. An Export trading company (ETC) attacks the other side of the trading coin when an EMC has goods to sell and is focusing its efforts on finding buyers. It determines what international buyers want to buy and then seeks out domestic suppliers who are willing to export. An ETC takes title to the products in some cases and acts on a commission basis in others.
3. Import/export merchant this foreign businessperson operates as a freelancer. He doesn't have a particular clientele and doesn't specialize in any one market or product line. Instead, he buys products directly from a domestic or international retailer, then packs, ships, and resells them himself. Of course, unlike the EMC, he takes full responsibility for all risks (as well as all the profits).