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| About |
| WELCOME TO GDI WORLD TRADE!
GDI World Trade Ltd is a professional import export agency based in the UK, with a branch office in Bangalore, India.
We provide import and export services to help buyers & sellers in different countries to connect and conduct business together. This includes manufacturers, producers, distributors, wholesalers & other channel partners that want to grow their sales and profits in foreign markets, but who lack the time, budget, people or know-how to do so.
WHY EXPORT?
Exporting offers the following key benefits to a firm:
- To increase sales volumes, revenues & profits. If a firm is performing well domestically, it is likely that expansion into foreign markets will improve profitability.
- To diversify sources of sales & reduce dependence on existing domestic markets. By expanding into foreign markets, a firm will increase its marketing base and reduce internal country competition.
- To protect against risk of market fluctuations due to economic changes, consumer demands, and seasonal fluctuations within the domestic country.
- To sell excess production capacity. By exporting, production capacity & duration of production runs can increase, thereby lowering unit production costs and increasing economies of scale, helping to increase profitability.
- To build global brand awareness & market-share.
- To enhance competitiveness. Exporting is proven to enhance competitive advantage. While a firm will benefit from exposure to new technologies, methods & processes, the country will benefit from an improved balance of trade.
Previously under-developed countries have become serious rivals to established economies due to worldwide links to communication systems and the explosion of television, print & electronic access to information. The restructuring of political boundaries, historic trade agreements, the opening of new consumer markets, and the proliferation of worldwide access to manufacturing technology where manufacturers are now able to produce cheaper, faster and better than ever before, have all created incredible opportunities in the global marketplace.
WHY IMPORT?
To remain competitive in domestic markets, it's important to form close relationships with foreign exporters. Importing certain goods, raw materials, components or other resources from a foreign market can enable your firm to produce higher quality products and increase profitability at the same time.
Here are the main benefits of importing:
- To provide access to goods, raw materials, components, special technologies & resources unavailable in the domestic market. Some of the resources a firm requires for its manufacturing process can only be found in certain parts of the world. Importing gives immediate access to primary sources.
- To source cheaper goods, raw materials, components or other resources, thereby reducing costs & increasing profitability. This comes from comparative advantage and is the most common reason for importing. This is where the conditions in a foreign market allow for lower production costs (labour, taxes, energy, etc), enabling the supplier to supply at a lower price compared to the domestic country.
- To diversify sources of supply & reduce dependence on domestic sources. This protects the firm against risk of market fluctuations due to economic & seasonal changes.
- To get higher-quality goods, raw materials, components & resources. If a firm needs higher quality goods or resources than are available in the domestic market, then it can import them. This ensures the firm has the best quality resources to work with from the start, ensuring the best quality and most marketable end-products.
- To take advantage of benefits from trade agreements. The trade agreements negotiated by countries can give a firm access to unique benefits that make importing easier & more cost-effective. The exact benefits vary by country & industry, so it's worth researching and working with a customs broker to identify favourable agreements.
WHY USE US AS YOUR IMPORT EXPORT AGENCY?
Now that you understand the benefits of exporting/importing, here's why you should use us as your import export agency:
1. We have access to extensive knowledge & market intelligence on target import/export markets. This comes from a multitude of professional resources, including Datamonitor & other leading market research reports, trade experts within government trade departments, and specialist online sources. Much of the information we have access to would cost you thousands of dollars and many hours of research to obtain.
2. We have access to multiple databases of global & local manufacturers, producers, distributors, wholesalers and other channel partners, to enable us to quickly identify & short-list potential buyers & suppliers.
3. We have sales & sourcing personnel in UK & India who can conduct research & visit buyers/suppliers on your behalf. We also leverage our contacts & agents within targets markets to extend to other markets. Rest assured that overall control of the marketing push always remains with us in the UK.
4. When working with manufacturers & producers to develop export sales, we represent only one manufacturer per product type per market. This means there will be no conflict of interests. Our time and attention will be focused on moving your products into the market as quickly as possible.
5. We have expert knowledge on import export. This includes product selection, negotiations, agreements, marketing, sales, terms of trade, logistics, international payments & documentation.
Overall, we are professional and will provide you with an excellent service to help you succeed with import & export.
Contact us today to discuss your import & export requirements: info@gdiwt.com
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