Archive for category Business Trade
International Trade – Grow Your Business Worldwide
Posted by admin in Business Trade on September 28, 2011
International trade means doing business and trade practices outside the borders of the country. This type of trade practice can be done throughout the whole world.
International Trade refers to the business practices which are carried outside the borders of a country. This trade is done on a global basis and any country can participate in it. Basically this business is carried among the manufacturers, suppliers and buyers of different countries i.e. if the supplier is from another country and the buyer is from another country. In case if the buyer and seller are from the same country, then it cannot be called as an international business.
International Business comprises buying and selling of goods and services among two or more countries. Generally international business comprises of three types of trade: import and export. Both these types of global trades can be understood as under:
Export: Export is a type of trade where a country sells or supply their goods and services to some other country for business. We can take the example of China supplying mobile phones in India. Here Chine is the exporter country and India is importer country. Read the rest of this entry »
Trade Show Networking Spells Business Success
Posted by admin in Business Trade on September 28, 2011
Did you know that attending a trade show or exhibiting at a convention could increase your business by up to 80 per cent? In a recent survey of almost 2000 businesses in Sydney, a marketing company found that the majority of businesses experienced dramatic increases in their business opportunities following a trade show or similar event. A few companies said the business growth had been exponential within the three months after the event with businesses showing up to an 80 per cent increase in sales or profits from one show.
Exhibiting your company is an excellent marketing opportunity and allows your business to meet many potential leads and even make many sales. People attending trade show and exhibitions are actively looking to purchase products and services from the industry, which means that you are marketing to people who already are in your target or niche.
However, business growth from exhibiting does not only come from people purchasing your products or services on the day. Following up on the sales leads generated from the event is essential. Most of the businesses saw an increase in sales for more than three months after the trade show, so the show itself can be tip of the iceberg in developing strong business relationships with potential customers.
More importantly, the survey discovered that the business leaders who saw the most business growth after a trade show event were the ones who actively networked with other attendees. Read the rest of this entry »