State Government Tells Businesses To Start Exporting!

November 7, 2005 by Chuck | 0 Comments

I’m always leary when the government tells businesses how they ought to be run, since they so rarely can manage themselves.

This however does make some sense… to exploit current markets and improve sales.

Who’d have known Tennessee had such close ties with the land down under?

From BizJournals.com:

Export Tennessee is a partnership between the state and the U.S. Chamber of Commerce. The Tennessee Department of Economic and Community Development will facilitate partnerships between the U.S. Chamber and local chambers throughout the state by arranging a series of meetings with business owners to talk about foreign trade issues.

Bredesen also announced that ECD Commissioner Matt Kisber will lead a trade mission of small- and medium-sized companies to Australia next year. Australia is the state’s 10th largest trading partner, buying nearly $370 million in Tennessee products last year, up more than 60 percent from five years ago.

But you don’t need to actually PRODUCE a product to profit from exporting.

According to Jim Straw “Selling American” is easier than most people think:

As a matter of fact, Exporting is no more difficult than a company in New York selling & shipping a product to a buyer in California.

There are only three things you need to do…

Make a Sale. — Get Paid! — Ship the Product.

Pick up your telephone right now and call your local newspaper. Ask for the Classified Section. - Run this ad:

PRODUCTS WANTED to sell overseas. Exporter needs products
‘Made In The U.S.A.’ for buyers in other countries.

Believe it or don’t, you’ll get more replies than you know what to do with.

If that simple experiment doesn’t convince you that you should be involved in exporting, nothing will. - Since over 80% of U.S. manufacturers DO NOT EXPORT their products, you’ll be able to pick & choose the products you want to sell overseas.

Beyond that, you won’t need a bunch of money to get started, either. Because …

EXPORTING FINANCES ITSELF!

That’s right! - Unlike most other businesses … which require that you buy machinery, equipment, materials and/or inventory … to be an EXPORTER all you need to do is “sell” American-made products overseas. That’s all.

Since your orders from overseas always come to you with some kind of “payment in advance,” you don’t have to buy anything to sell … until AFTER you’ve already sold it.

And, you don’t have to make 1,000 sales to break-even, either.

In most other businesses, you sell your products one-at-a-time - BUT - when overseas buyers order your product, they order in volume. That’s because the more they order, the lower their per-unit cost of freight. - If they only bought one or two, they wouldn’t be able to re-sell the product at a profit in their country. The freight cost alone would make it impossible.

Because of that, your very first export order could make you more money than you make in a whole year now.

Which would you rather do?

Sell one widget here in the U.S. and earn $10 - or,
Sell 1,000 widgets to one overseas buyer, at one time, and earn $10,000.
And … since you’re only making one sale in either case … you would spend about the same amount of time selling 1,000 widgets overseas as you would selling one widget here.

Don’t forget - if you were to sell one widget here, you would have to come up with the money to buy it first.

On the 1,000 widgets you sell overseas, you don’t buy any widgets until AFTER you have them sold. - Actually, you don’t pay for anything until after your overseas buyer pays you.

Okay … run the classified ad … pick your product …

START SELLING OVERSEAS!

Read more from Jim Straw

And yes, you can do all this from a HOME office too!

In WAH News, WAH Tools, WAH Opps

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