Nowadays, with the increasingly fierce competition in the domestic market, more and more domestic trade enterprises are turning their attention to the broad international market, hoping to expand new growth space through foreign trade. However, not all domestic trade enterprises are suitable for blind transformation. Choosing the right direction and matching their own conditions can reduce risks and improve the success rate. So, what kind of domestic trade enterprises are more suitable for entering the foreign trade field? This article sorts out the core screening criteria for you.
Core Premise: Product Hard Power is the Pass to Foreign Trade
The international market generally has higher requirements for product quality than the domestic market. Stable and competitive products are the core premise for domestic trade enterprises to transform. On the one hand, product quality must stand the test of markets in different countries, reducing returns and exchanges and reputation loss caused by quality problems; on the other hand, having differentiated advantages in price, function or design can help stand out in the competition of similar international products. In addition, it is particularly crucial that products meet international standards or relevant certifications (such as EU CE and RoHS certifications), which is the "access threshold" for entering most international markets and can greatly improve the market recognition of products.
Basic Guarantee: Production Capacity Adapts to International Order Requirements
Foreign trade orders often have the characteristics of "large batch fluctuations and many customized demands", which requires enterprises to have a certain production scale and flexible production capacity. They should not only be able to undertake large-volume regular orders and ensure delivery timeliness, but also flexibly respond to small-volume customized orders to meet the personalized needs of customers in different countries. If an enterprise has a too small production scale, insufficient production capacity, or rigid production processes that cannot be adjusted, it will be difficult to adapt to the diversity of foreign trade orders, which may easily lead to order loss or delivery delays.
Key Driver: Managers' Pioneering Spirit and Learning Ability
Foreign trade business involves many fields such as language communication, international logistics, cross-border payment, and customs policies, which is significantly different from the domestic trade operation logic. Whether enterprise managers have the determination and courage to develop the international market, as well as the ability to quickly learn foreign trade knowledge and adapt to international market rules, directly determines the success or failure of the transformation. Managers with an open mind, willing to invest resources to build foreign trade teams and channels, and able to timely follow up international market trends to adjust strategies, can lead enterprises to adapt to the foreign trade track faster.
For domestic trade enterprises that are not sure whether they meet the transformation conditions, there is no need for blind trial and error. Daigongbang International Station has launched a professional enterprise foreign trade adaptability evaluation service, which can conduct a comprehensive evaluation from multiple dimensions such as product competitiveness, production capacity, and compliance qualifications, provide scientific guidance for enterprises to transform to foreign trade, and help enterprises accurately grasp international market opportunities.