Sunday, April 3, 2011

Exporting Intermediaries

I decided to write my blog on export intermediaries which are somewhat like a middleman of international trade. They are known as a “firm that acts as a middle man by linking domestic sellers and foreign buyers that otherwise would not have been connected” (Peng 138). I found a website of a more in depth look at exporting intermediaries which are known as indirectly exporting.  Essential this site is instilling the idea that exporting intermediaries are used in efforts to decrease the risk of entering into foreign markets. Vices such commission agents, exporting management, exporting trading companies, exporting agents, and piggyback marketing.
Commotion agents are used to find firms that want to purchase domestic products. Exporting management projects act as an exporting departure for several products. Exporting trading company are used as facilities to exports of domestic goods and services. Export agents, merchants, or remarketers maintain the job of packaging and marketing products to the manufacturer’s specifications. Piggybacking marketing is an arrangement where one of the manufacturers or firm distributes the other firms services and even products to another country where they know and understand the culture and the markets demands.
http://www.bizmove.com/export/m7e.htm

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