Sources of information- exports, Marketing Research

Assignment Help:

SOURCES OF INFORMATION : An exporter would like to know about the market conditions and business practices in foreign countries. Let us study some major sources of information which may provide the exporter with a lot of useful information.

i) India's export statistics: as provided in monthly bulletin of Foreign Trade Statistics, volume I - These will enable the exporter to know where his product is being exported, to what extent and what the value realisation per unit is.

ii) Import statistics of foreign countries: The exporter can find out the overall size of a particular foreign market for his product, which are the competing countries and what are approximate unit value paid to each individual country.

iii) Import promotion centres established in most developed countries: These centres provide a lot of valuable information to the exports of developing countries including India. The information provided by these centres include : (i) Statistical information on the market concerned (ii) Information on marketing techniques and business practices (iii) Information on import regulations and practices, (i") List of importers, wholesalers, agents and distributors and (v) Dates of various trade fairs and exhibitions.

iv) India's commercial representatives abroad: They can inform the exporters about the export potential of their products in their respective countries, tariff and non-tariff barriers facing them and the government procedures in the importing countries.

v. Exports promotion Counsels and commodity boards: They can provide information about where and to what extent your product can be sold in different countries. They also provide information about export incentive ability of shipping services and freight rates, approximate prices which can be realised for your products and also provide you overall guidance in your export operations.

vi) India Trade Promotion Organisation (ITPO): India Trade Promotion Organisation has been formed by merging Trade Fair Authority of India and Trade Development Authority. This is the premier trade promotion agency of the Government of India with the head quarter in New Delhi.


Related Discussions:- Sources of information- exports

Basic principles of ecgc operation, BASIC PRINCIPLES OF ECGC OPERATION : T...

BASIC PRINCIPLES OF ECGC OPERATION : There are two basic principles on which ECGC works: i) Spread of risks: An exporter is required to insure all the shipments that may be m

Objective-export credit insurance, Objective After studying this unit, ...

Objective After studying this unit, you should be able to: 1.  Explain the meaning of credit risk; 2.  Describe various types of policies issued by ECGC; 3.  Explain t

Common obstacles in consumer behaviour, Q. Common obstacles in consumer beh...

Q. Common obstacles in consumer behaviour? When first beginning to understand as well as apply Lifestyle and psychographics communicators often run into three impediments. *

What marketing methods are used in marketing research, What types of person...

What types of personal interviewing methods are used in marketing research? Answer Personal interviewing methods used in marketing research are generally classified into i

Factors influencing consumer demand and launch of santro, What makes Santro...

What makes Santro click? "The consumer", says Subbu (Director marketing and soles, Hyundai) He believes that the way to a consumer's mind is thought his heart so all product launch

Customs clearance formalities , CUSTOMS CLEARANCE FORMALITIES : 'Under Sec...

CUSTOMS CLEARANCE FORMALITIES : 'Under Section 40 of the Indian Customs Act, an overseas carrier cannot permit loading of goods without permission from the customs authorities. Th

Illustrate about buying situations, Q. Illustrate about buying situations? ...

Q. Illustrate about buying situations? There is a requirement to discuss the three types of buying situations before they can be applied to the buying centre and the different

Need for cargo insurance , NEED FOR CARGO INSURANCE : Why should the goods...

NEED FOR CARGO INSURANCE : Why should the goods be insured? There are two reasons for securing the insurance cover. The first reason concerns the legal dimension of limited liabil

Evaluating awareness and potential for IMC in b2b in pune, what will be the...

what will be the scope for the above study for imc in b2b market domain and SWOT analysis,future growth and prospects of the study

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd