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HOW AN EXPORTER OF CHARCOAL SHOULD PUT TOGETHER HIS QUOTATIONS AND PRO FORMA INVOICES FOR A FOREIGN BUYER.

March 12, 2008 By: onarig Category: export financing, export requirement, export training, general

Many export transactions, particularly first-time export transactions, begin with the receipt of an enquiry from abroad, thruogh some trade portals or through some friends,  followed by a request for a quotation or a pro forma invoice.

A quotation describes the product, states a price for it, sets the time of shipment, and specifies the terms of sale and terms of payment. Since the importer (buyer) may or may not be familiar with the product, the description of it in an overseas quotation usually must be more detailed than in a domestic quotation. The description should include the following:
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WHAT TO CONSIDER IN FINANCING MY EXPORT TRANSACTION

March 04, 2008 By: onarig Category: export financing, export requirement, export training, general

Export financing is often a key factor in a successful sale. Contract negotiations and closures are important, but at the end of the day, your company must get paid.

Exporters naturally want to get paid as quickly as possible, while importers usually prefer to delay payment until they have received or resold the goods. Due to the intense competition for export markets being able to offer attractive payment terms in relation to the trade, is often necessary to make a sale.
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APPROACHES TO EXPORT

February 05, 2008 By: onarig Category: export requirement, export training, general

The way your company chooses to export its products can have a significant effect on its export plan and specific marketing strategies. The basic distinction among approaches to exporting relates to the company’s level of involvement in the export process. There are at least four approaches, which may be used alone or in combination:
1. Passively filling orders from domestic buyers who then export the product.

These sales are indistinguishable from other domestic sales as far as the original seller is concerned. Someone else has decided that the product in question meets foreign demand. That party takes all the risk and handles all of the exporting details, in some cases without even the awareness of the original seller. (Many companies take a stronger interest in exporting when they discover that their product is already being sold over-seas.)
2. Seeking out domestic buyers who represent foreign end users or customers.

Many Nigerian and foreign corporations, general contractors, foreign trading companies, foreign government agencies, foreign distributors and retailers, and others in the purchase for export. These buyers are a large market for a wide variety of goods and services. In this case a company may know its product is being exported, but it is still the buyer who assumes the risk and handles the details of exporting.

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EXPORT POTENTIAL OF YOUR PRODUCT “CHARCOAL”

February 05, 2008 By: onarig Category: export requirement, export training, general

There are several ways to evaluate the export potential of your products and services in overseas markets. The most common approach is to examine the success of your products domestically. If your company succeeds at selling in your own local market like in Nigeria, there is a good chance that it will also be successful in markets abroad, at least those where similar needs and conditions exist.

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NIGERIA AND CHARCOAL EXPORT BUSINESS

February 01, 2008 By: onarig Category: export requirement, general

 

Nigeria is among the very few countries that produce wood Charcoal; this is true because of the availability of tropical wood found in the region. Charcoal export in Nigeria has never been popular but it has been in existence for ages and nobody talks about it. Many believe that there are no prospects in the charcoal export business but fortunately the reverse is the case now. Most people see it as a product that is used only for domestic purpose. Charcoal is used all over the world we just don’t take notice of it.
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ARE YOU INTERESTED IN CHARCOAL EXPORT

January 30, 2008 By: onarig Category: export training, general

Exporting can be described as the legitimate transfer of goods and services across national boundaries with the principal motive of making profit.

The world has become a global village, as it is inter-connected through trade, communication, and investment.

Now lets talk about charcoal, do you know that charcoal is a cheaper alternative domestic and industrial fuel which enjoys good demand especially in temperate regions of the world. Charcoal is produced from wood and the technology has been going on for well over centuries. The preference of charcoal to wood stems is from the fact that it is neater, occupies less space and has thermal capacity of 1,700kg/kg which is double that of wood. While still burning, it is usually smokeless and therefore becomes popular for heating up houses during winter around the world. It is also used extensively in industries for manufacture of lime and cement, extraction of of metal, forging and production of high quality casting etc.

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January 30, 2008 By: onarig Category: general

The world has become a global village,

as it is inter-connected through trade,

communication, and investment.

“ARE YOU INTERESTED IN CHARCOAL EXPORT ” 

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