There are various different sorts of global trade businesses. For instance, you may be an exporter of apparels or designer clothes. Or you may be an importer of similar items. The primary objective is to connect the exporter and the importer, so that business dealings can start taking place. That is the basic idea behind global trade.
But for business dealings to materialize quicker, all businesses want data. Without data, nothing happens in a planned and quick way. It does not matter if you are an importer or an exporter; you still require targeted business data. Suppose if you are an importer, you would need supplier contacts and if you are an exporter, you want buyers'’ contacts. So how do you go about getting export import data?
The slow and manual process of obtaining export import data.
You can obtain business data using trade directories and yellow pages. Generally, the business listings are ordered in such a way that it''s straightforward for anybody to find the appropriate contacts. The difficulty with this method is that it''s very sluggish. How do you contact these firms? Are you needed to email them or are you going to write down to them yourself? In this day and time, it doesn''t make sense to write letters. Email looks to be the good means to go. Technology is definitely here to stay.
Using different search engines for getting trade data.
Nowadays search engines are very helpful to locate the right type of business data you are searching for. For example, let''s say you are looking for farming tools. You are selling these tools, so you surely desire to confirm that the tools come inexpensively when you buy them. This will help out to boost your profit margins. Of course, you cannot compromise on quality. One way to buy farming tools cheaply without compromising on quality is to purchase at wholesale costs. When you purchase at wholesale, you benefit from bulk discounts.
So you type a keyword search in the search engines, using these keywords - “wholesale farming tools". If you desire very precise results, include the double quotes. Or else, just leave the double quotes out. If you are searching for import shipment data in India, just add in the keyword “India" in your search phrase.
The fastest way to getting highly targeted business data - Trade portals.
Export import trade portals exist for one sole reason - that is to connect customers and suppliers from all over the globe. These portals conduct in-depth research across the industry to help you track the right trading partner, examine your competition, conclude your market share, discover new potential markets, evaluate the price/volume trends, save customs duty and other strategic information which gives you the competitive edge in your business.