Top 7 Ways to Profit from Foreign Trade

Here are seven excellent ways to earn income from international trade.

1. Importing: Retail store owners can find additional
   products to sell from foreign manufacturers, distributors,
   and other suppliers. You may even decide to go exclusively
   into the import business and become a wholesale distributor.
   
   
2. Exporting: Manufacturers can find new customers for their
   products in foreign countries. You could also become an Export
   Management Agent. Arrange for other domestic companies to sell
   their products to foreign corporations and earn a commission.
   
   
3. Licensing: Consider becoming a licensing agent. Earn
   royalties by arranging for foreign corporations to manufacture
   and sell the products of domestic companies.
   
   
4. Finder`s Fees: You can earn fees from domestic companies
   for finding foreign buyers (or for finding suitable imports
   from foreign suppliers). You can also earn fees from foreign
   companies for finding domestic corporations that will buy their
   products (or for finding suitable suppliers and products from
   domestic corporations).
   
   
5. Drop Shipping: Visualize receiving an order from a customer
   based in a foreign country and not having to be bothered with
   shipping and handling the product. No customs declarations or
   brokers are required by you. This is because your drop ship
   supplier is handling those details.
   
   
6. Mail Order: Add a mail order service to your existing
   business operation. Manufacturers, retail stores, and other
   businesses can increase their sales by using this additional
   method of selling that is very conducive to international trade.
   
   
7. Internet Marketing: You can also extend your reach to worldwide
   customers by means of the Internet. Methods of obtaining foreign
   business include affiliate marketing, online auctions, online
   stores, and websites.

J. Stephen Pope, President of Pope Consulting Inc.,
http://www.popeconsultinginc.com/ has been helping
clients to earn maximum business profits for over
twenty-five years.

For valuable Work at Home Small Business Ideas,
visit: http://www.yenommarketinginc.com/