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Tags: What it takes to know the international trade sector is to look at the main players. Whereas you may have exporters and importers, there are also several variations of the main theme.
Export Trading Company (ETC)
This type of venture attacks the trading coin’s other side. Put simply, it identifies what goods foreign buyers often spend their money on and then searches for domestic sources that are willing to export. While it may take title to the merchandise, it may also work on commission basis.
Export Management Company (EMC)
Under this type fall companies that handle the international operations of domestic enterprises looking forward to selling their products overseas but do not know how to go about the plan. Generally, they do everything, including overseeing marking and packaging; handling marketing, advertising, and promotions; and even hiring representatives, distributors, and dealers.
Import/Export Merchant
Acting as some kind of free agent, this international entrepreneur has neither a specific client base nor a specialisation in any particular line of products or industry. In other words, the merchant assumes all the risks involved in packing, shipping, and reselling goods.
So, which of the three options seem like your cup of tea?
