
How to actually get into export/import - stuff i wish i knew when i started.
This post is going to be a big comprehensive guide for new exporters to get into export import business.
Small disclaimer first: Being an agent i made a lot of mistakes, lost some money also learned the hard way. exporting is slow and boring and it's a full time job not a part time work. anyone promising you fast money is selling you something where you will regret later.
Phase 1: Basics and Documentation:
first things first IEC code from dgft, its online and maybe takes 2 days, cheap. without it you cant export legally simple as that. open a current account, get your GST sorted if not already. if youre doing food or agri look into APEDA and FSSAI, spice board tea board etc depending on what your selling.
and honestly, understand your own product properly first. whats the HS code, what quality do buyers abroad actually expect in grades certifications, dont waste money on fancy stuff right now. no big website no fancy office nothing. just the legal basics.
Phase 2: pick a product AND a country
Pick ONE product category where you have some actual edge. maybe your family has a unit, maybe you have solid supplier contacts somewhere, maybe you just know that product inside out. whatever it is, i learned it the hard way, you need to select a specific niche and not a wide range of products, like a specific grade of that product.
then pick which COUNTRY youre going after. honestly this research part is the real work. which countries import your product, how much, who are the actual buyers, at what price. this is the thing that separates people who close deals from people who just post looking for buyers in 20 groups and then wonder why nothing happens
Phase 3: Actually finding buyers (2nd most important part)
This is what like 90% of the DMs are about. ill be honest theres no magic button and to every DM i received the answer remains same but heres what actually works, roughly in the order how agents like me crack the deals.
> Trade data platforms. Now this is a controversial topic but imo the single most useful thing. Instead of cold emailing random companies from google maps these tools show you who is actually importing your product right now, which country, from who, you can decide the country trend, the product trend the buyers who are specifically buying your niche.
Theres a bunch of them And I am not going to say that one is better than other, You take the demo, look for your product if you are able to see shipments then buy it, now some people will come commenting that india data is not showing now these platforms are useless, but the main thing is you don't need the latest shipment data man ! Trade data platforms have 10-15 years of already existing data and not just from india they have it from all over the world!! you get buyer names, prices, linkedin, contacts, emails etc. You can still find thousands of buyers of your product.
To me trade data platforms are bread and butter i have used almost all the of them panjiva, volza, eximpedia, globalwits and currently using panjiva for company reports and shipscout.ai as a side tool in a sharing subscription with someone on this subreddit. Some are expensive some are good for value but more or less you take the demo, search for your product, if you see less than 100 shipments for your products from india then pass and you can negotiate hard with these companies and even split the subscription, but only buy where you can see data and not where you can't see any data, recently volza and $biz and eximpedia have become useless and have almost 0 data from india so give a pass on them and lot of people on this group split the subscription so you can try that also.
> b2b marketplaces: alibaba, tradeindia, exportersindia, go4worldbusiness. mixed bag honestly, lot of time pass enquiries and some fake ones too but you do get real buyers also, instead of these platforms you can actually find better deals on facbook groups sometime so treat it like a cherry on top.
> Trade fairs: If you can afford it going to an actual exhibition across the globe in your buyers country is worth 100 cold emails. face to face interaction build lot of trust even just visiting without a stall helps but i would suggest instead of spending lakhs in trade fairs your first preferences should be trade data platforms.
>Linkedin: actually works if you dont spam DMs and posts. Find the sourcing/procurement people at companies that import your stuff, connect properly, build some connection and start posting geniune helpful content about your product which helps buyers, i find all linkedin people from trade data paltforms only so this part is done there.
Phase 4: Closing without getting scammed
Finding the buyer is only half of the part. closing safe deals is other half.
> Once you have the Buyers list from your research on google, trade data platforms, linkedin etc then you start crafting very high Personalized email for your buyers and do not just try to sell anything in your first email, try to enquire about them like you are a buyer, once they reply and the ice is broken now Include your information from your research, like what products they are importing. How much price they are importing, what are their trade partners, And why they should source from you. Can you give them better price? Can you give them higher quality? Can you give them faster shipments? For each and every buyer, you have to research these information and include them in the mail otherwise, no one is going to reply to your email and they will straight go into spam.
Send 20-50 emails daily to high value mid segment buyers and if someone don't reply then take followups and track the status of each and every conversation. You can use apollo.io, hubspot, zoho CRM or some trade data platforms have inbuilt CRM like vujis and shipscout to keep this all in track.
> Payment terms, be very very careful. Advance will look safest for you but buyers might resist and specially in GCC countries even all the genuine buyers buys in credit so you need a way to confirm that this buyer is genuine and you can do that by looking that buyer's history on trade data platforms, see how many long term partners they have, did they default any payments in past or if you can find any vouch for them on facebook groups etc.
> Do not target big corporate buyers they will ignore your emails And think about it, if you you are afraid of supplying to anyone who is very new in the market, then big buyers are also afraid about small exporters who are new in the market, it goes both ways so start with start small with new or mid buyers. do a small trial order, see if they actually pay, see if they are serious, build trust then scale further
Thats the rough roadmap that i follow some mistakes i made, there might be other people/agents who are closing deals in other ways and honestly each phase could be its own post.
I hope this help some new exporters in this community as i see atleast 10 posts from people who are trying to get into exports. i would also like other agents in this community to provide some insights so that i can also learn new things.