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Life as a Trading Agent in United Kingdom
Post 1 of 5
Admin Moderator
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Although International Trade Agents have the potential to earn high commissions, the competition is becoming increasingly intense. What makes you stand out from your competitors? How do you build trust with potential clients? What advice would you offer to agents making a start in international trade?
 
Share your life experience as a Trading Agent in United Kingdom and win free banner![em21]
04 Jun 2008 02:20
Post 2 of 5
Quoting from [Admin]:

 



Admin i try to offer some points to get the ball rolling.

  1. Understand the market   
  2. Market and product updates 
  3. Certification for the products to the imported country 
  4. Import information and services 
  5. Exports, terms and documentation 
  6. Understand all sectors customer, retail, wholesale, distribution, suppliers, and factories. 
  7. How systems work in , Understand about the trade in , the culture. 
  8. Quality control systems 
  9. Build your customer base with hard work and best service 
  10. Communication is paramount 

If someone wanted to sell electric bikes, the best way to understand the whole system would be to spent time in the retail store, wholesale company, and factory that make them, as for the end customer most people should have this basic experience

 

04 Jun 2008 05:12
Post 3 of 5
Quoting from [Admin]:

Although International Trade Agents have the potential to earn high commissions, the competition is becoming increasingly intense. What makes you stand out from your competitors? How do you build trust with potential clients? What advice would you offer to agents making a start in international trade?
 
Share your life experience as a Trading Agent in United Kingdom and win free banner![em21]



Hello everybody

my name is redwan and im a consultant trying to make a living as trade agent in the UK, in the begining i was so baffled by all the contacts from potential buyers and all theire inquiry about my products and prices, in time i began to become anoyed cus nothing happened, they where all just asking and shopping around with no action, for a while i was frustrated but i began to realise that they all also where new around and all trying to make a living as well and that changed my view on business, I learned along the way that business is not only about money but about patience and intergrety and self control,many times i was about to say thing to others cus they keep asking stupid questions but i stopped my self, i see now that business is about respecting my self, by learning to adapt my self to the given situation and not give up cus I havent closed the deal that was so close, but went down cus of a broker to greedy to give a real info to his client, this is the name of the game, and that is why there is good money to the one who have these skills of hard work combined with patience and understanding of others conditions.

One thing that is sad though, is that we are all so quick to forget, that we all once have been new at this game and somehow somewhere somebody gave us a chance and we bagan closing a deal or two,we very often dont give the new ones a try cus we think that the old ones are more honest more reliable and more available, we often ask for pastperfomances and web sites and things that in no way defines a real business man, we are very quick to forget about longterm relations and most of all that there is honest peopel out there trying to make a honest living.

what i have learned so far, is that if you sit on documents too long and you are afraid of being cut out, you proberly shouldnt deal with these peopel in the first way, second allways remember that the deal is gonna be done anyway. my experience is that if i try to be a part of the solution instead of the problem, and im flexible and open minded to the idea of facilitating the deal, than to how big my comission will be, i often find that peopel want to work trough me rather than against me,the first rule for me is clarity and transperacy in the deal i present for the client, i put as much info as i have on the table about the deal, wich documents is involved and who is involved, and last i try to be efficient in what i do, i answer the mails quick and present my home work in the best manner possible, few times i have clashed with other brokers and i have to review my self and see what my part is, mostly my bad manners are a product of the given stress that day or too litle self reflexion,

In the end i try to remember who I am, and that I do my best and leave the result to come as it is meant to come ,i try not to lose my dignity for a big deal or my humor, looking back i can smile of my self of all the stupid deals i used to run after,i know now that it is a normal part of the procces of learning and it never finishes, it is ongoing and it makes me want to learn more and for me being a trader/agent and broker is like putting money in the bank, i will always only get what i have put in.

06 Jun 2008 18:14
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kb_bhavsar
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[em1][em10]
29 Apr 2009 08:48
Post 5 of 5
Admin wrote:
Although International Trade Agents have the potential to earn high commissions, the competition is becoming increasingly intense. What makes you stand out from your competitors? How do you build trust with potential clients? What advice would you offer to agents making a start in international trade?
 
Share your life experience as a Trading Agent in United Kingdom and win free banner![em21]
31 May 2009 09:05
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