2. PRODUCT SELECTION
Points to be considered while selecting
the Product:
• General Parameters
- Demand
- Supply
- Quality
- Price / Margin
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3. PRODUCT SELECTION
Extra Precautions for Export
• Govt. Permission for Export
- Prohibited Products – Click
- Restricted Products - Click
• Repeat Orders – Any kind of Raw Material
• Govt. Incentive & Benefits
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4. PRODUCT SELECTION
If, Selecting According to Market
• Cultural & Social Parameters
• Time of Launching the Product
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5. PRODUCT SELECTION
Resources to Finding out New Products:
• Trade Magazine / News Paper
• Exhibition & Trade Fairs - Click
• Export Import Statistics: Click
- Export Data for the Products Exported by
Chinese
- Import Data for other countries
(Cont….)
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6. PRODUCT SELECTION
Resources to Finding out New Products:
- Export Data of Indian Products
- Search for more Labor intensive Product
• Trade Promotional Bodies - Click
• Conference & Seminars
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7. PRODUCT SELECTION
MEIS - Merchandise Export from
India Scheme - Click
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8. PRODUCT SELECTION
Product Research & Knowledge
• Search for H.S. Code - Click
• Govt. Benefits on selected
• Techno Commercial Knowledge (Mainly Focus
on Featured Knowledge of your Product)
• Knowledge of Competitors
• Product Pricing
• Comparison of Prices with Chinese Suppliers
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9. PRODUCT SELECTION
• “PREPARE LIST OF 100
QUESTIONS & ANSWERS” –
FAQ’s
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10. PRODUCT SELECTION
Sources to Get Product Knowledge
• Any Local Yellow Pages
• Put your Buying Requirement on Web portal
• Check with Chinese Suppliers
• Check with your Competitors
• Visit Market / Exhibitions - Click
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14. MARKET SELECTION
• Development Authorities
- Agricultural and Processed Food Products
Export – APEDA
- Marine Products Export Development
Authority - MPEDA
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15. MARKET SELECTION
Benefits of Registration
• Trade Fairs - Click
• Country Reports
• Delegation Meet / Buyer – Seller Meet
• MDA: Market Development Assistance
- Benefits on Participation in Trade Fair
- Benefits on Visiting Buyer – Seller Meet
(Cont…)
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16. MARKET SELECTION
• Monthly News Letters / Magazines
• Export Import Statistics - Click
• Conferences & Seminars
• International Resources – Click
• Trade Inquiries
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17. MARKET SELECTION
What is RCMC?
• REGISTRATION CUM MEMBERSHIP
CERTIFICATE
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18. MARKET SELECTION
Export Import Statistics - Click
• Major Importing Countries
• Major Exporting Countries
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19. MARKET SELECTION
Other Trade Associations
• FICCI – Click
• Inter Country Chamber of Commerce
- Indo – China Chamber of Commerce
- Indo – Korea Chamber of Commerce
- Indo – Africa Chamber of Commerce
• CII - Click
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20. MARKET SELECTION
Importance of Free Trade Agreements -
Click
• Benefits to the Importer
• Countries Covered under Free Trade
Agreements
- SAARC
- BRICS
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