Has your business been expanding? Are you now looking at larger trade markets and thinking about shipping your product overseas? If this is the case, then there are some important factors that you need to know. As the premier business for all your packing and crating needs, here are 3 things that you need to know about shipping internationally.
Know Your Markets
The most important aspect when it comes to shipping is understanding your target market. An international market will require additional steps when it comes to shipping as well as additional preparation. From a shipping standpoint, you should be able to answer the following questions.
- Does the market I intend to ship to have a free-trade agreement with Canada?
- Do I have local connections in my new market or another viable plan for distribution?
- Are there any regulations and restrictions that I will face in this new market?
Some in-depth research can go a long way in providing answers to these types of questions. The information that you gather may influence how you ship or if you even want to include this new market in your expansion plans.
Understand Customs and Tariffs
Be prepared because customs and tariffs are part of international shipping. Not only will there be paperwork required to declare what you are shipping, you will also be charged additional fees by the customs department. The amount that you will pay will be dependent upon the country and the type of product you are shipping.
Here’s the Deal:
You will also be charged taxes on your freight and shipment fees. Talk to your shipping company to have all these fees included in your overall quote so you are not surprised later.
Calculate all Costs
Choosing the right shipping company is an essential part of expanding into international markets. A few important tips that can save money on your international shipping costs include:
- Try to avoid costly errors. If international shipping is new to your business, you need to understand that there is going to be a learning process. That being said, try to keep mistakes and cost overruns to a minimum. Always be willing to learn from your mistakes and try to be as flexible as possible in terms of your shipping methods.
- Never guess/estimate weight and size. Make sure that your dimensions and weights are correct. An overestimate can end up costing your business and hurt your bottom line.
- Don’t be afraid to ask for help. Your shipping company may be able to offer you important advice regarding international shipping processes and other helpful ways to help standardize your shipping methods.
Shipping to international markets are a great way to grow your business. However, in order for this to be a positive experience for your business, you will need to find a company that can help you with some of the complicated procedures that are involved in international shipping.
We would love to be there for you with all your international shipping needs. We can guide you through this often difficult process. Call us today and see how we can save your business money and time. We look forward to being a part of your international shipping network.