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Tentenso  News
Concerned about the latest news of Tentenso, understand the latest achievements of foreign trade intelligence
Reasons and Solutions for Customer Non-Response After Receiving Samples in Foreign Trade Business
In the realm of foreign trade, encountering various issues is inevitable. One common challenge is the lack of response from customers after they receive samples. In this blog post, we'll explore real-world scenarios and provide practical solutions to address such situations. Case 1: Q: Why is the customer not responding after receiving the samples? A: Non-response from customers can stem from various reasons, such as ongoing confirmation processes, canceled orders, changes in procurement plans, or, in the worst case, placing the order with another supplier. Consistent follow-up and communication are essential to understanding the situation. Case 2: Q: A customer from Pakistan requests samples but refuses to pay for shipping, citing quality testing. How to handle this? A: If the provided address is that of inspection agencies like BV or SGS in Pakistan, where the product is to be sent directly to the laboratory, covering the shipping cost is acceptable. However, if the products are shipped to the customer's company, the customer should provide a collect account for shipping charges. Case 3: Q: As a trading company venturing into exporting fur products, seeking a market analysis report and evaluation steps. How to proceed? A: The essence of a successful supply chain lies in understanding the "soft three dollars," meaning the price difference between production cost and the final consumer price. Focus on adding value within this margin. Additionally, conduct a comprehensive study based on your specific circumstances. Case 4: Q: A client previously handled by a departed colleague is not getting responses during the transition. How to follow up? A: Call the client, inform them of the transition, express your willingness to assist, and invite them for a meeting. Summarize these points in a formal email for documentation and resend. Case 5: Q: Promising discussions with potential clients at a trade fair, but no response to follow-up emails. What to do? A: It's normal; continue following up with patience. If there's still no response, consider making a follow-up phone call to understand the situation. Case 6: Q: Factory delays delivery due to product issues. How to communicate with the customer? A: Apologize sincerely, avoid excessive explanations, and assure the customer that efforts will be made to resolve the issue, even considering expedited shipping if necessary. Case 7: Q: A Georgian customer claims our prices are high after placing an order. How to handle this? A: Continue negotiations until a mutual agreement is reached, then provide a revised Proforma Invoice reflecting the agreed terms. Case 8: Q: Customer perceives us as inexperienced and unprofessional. How to address this? A: Take this feedback seriously, invest time in mastering product knowledge, improve communication skills, and demonstrate professionalism in all aspects of the business to regain the customer's trust. Note: Source from the internet, subject to removal upon request.
25/03/25
Solutions to Common Issues in Foreign Trade Business
Navigating challenges in foreign trade requires effective problem-solving strategies. Here, we explore solutions to real-world scenarios commonly encountered in the industry. Case 1: Q: The customer's offered price is too low despite our high-quality, certified products. How to handle this situation? A: ① Investigate the actual product cost for a better understanding. ② Communicate effectively, appealing to buyers who value quality. ③ If the price is genuinely high, seek customers with the capability to make the purchase. Case 2: Q: A customer inquired about the price of telephone wires with lower-quality requirements. How to proceed when specific details are hard to obtain? A: Provide ready-made solutions based on the general framework. Await customer feedback and adjust accordingly, as acquiring detailed information upfront can complicate the process. Case 3: Q: A customer finds our faucet prices too high despite the CE certification and quality assurance. How to address this perception? A: Determine if the entire pricing structure is the issue or if specific products are priced high. Offer samples to demonstrate quality. Identify target customers and market demands for high-quality products like faucets. Case 4: Q: How to inquire why a customer chose another supplier without receiving a response? A: Avoid directly asking customers this question as it might be challenging for them to answer. Cooperation is more likely if the customer feels comfortable. Case 5: Q: A customer has been inquiring about products via email for over a month without placing an order despite a low price. What could be the reason? A: Possible reasons include changes in the customer's plans, market fluctuations, or personal/busy schedules. If emails are unanswered, consider calling to understand the situation. Case 6: Q: After sending a product list and quotation, the customer hasn't responded. What should be done? A: Recommend popular products and inquire about the customer's preferences to stimulate communication and understanding. Case 7: Q: After quoting, the customer expressed interest in purchasing but stopped responding after I mentioned a $100 sample fee. What should I do? A: Consider bearing the sample fee to facilitate the process. Collaboration often involves some investment. Case 8: Q: The customer, after agreeing to receive samples, suddenly expresses mistrust and lack of understanding. How to proceed? A: Follow up with a phone call to understand the situation. It could be a decision to discontinue the project or a misunderstanding during negotiations. Case 9: Q: Dealing with second and third-generation Chinese clients in Southeast Asia – any tips? A: Communicate openly with Southeast Asian clients, especially those of Chinese descent, as cultural similarities make understanding needs and concerns easier. Source: Adapted from online content, subject to removal upon request.
25/03/25
How to Reengage clients? Strategies for Overcoming Challenges in International Trade
Encountering challenges in international trade is inevitable. However, the key lies in how effectively one can address and overcome these issues. In this article, we will explore various scenarios and provide strategies to resurrect seemingly lost clients. Case 1: Q: Are there tricks to resurrect a client? A: The approach depends on the specific situation. If a previous collaboration failed due to quality issues, rebuilding trust is crucial. Communication is key; recommend new products and encourage a trial order. Consider flexible payment terms, such as O/A, and offer a 2% service compensation charge for post-sales support. Case 2: Q: The client paid for the first sample and now requests a second one. How to handle it? A: If the client has paid for the initial sample, offering the second one for free demonstrates goodwill and may increase the chances of securing the deal. Case 3: Q: How to quote for DDP (Delivered Duty Paid) when the client requests tax-inclusive delivery? A: Calculate related costs with a freight forwarder, add them to the product cost, and allocate the total to each unit for the DDP unit price. Include an additional 3% for estimated risks. Case 4: Q: A client expressed interest, and visited China, but is now unresponsive. How to respond? A: Ideally, meet the client in person or send samples. If not feasible, mail samples and provide a quote. Face-to-face interaction or direct communication is crucial to assess the client's sincerity. Case 5: Q: A client discussed payment terms but went silent after mentioning a bank guarantee. How to respond? A: Research the topic or ask for clarification before responding. If unsure, suggest alternative options. Avoid admitting lack of knowledge outright; instead, provide thoughtful responses. Case 6: Q: A client, initially satisfied with quality, went silent after price fluctuations. How to reconnect? A: Inquire persistently and, if needed, directly ask for the reasons behind the silence. Thoroughly investigate to understand the specific concerns and address them. Case 7: Q: A client requested a quote after product inquiries but is now unresponsive. How to proceed? A: Follow up to understand any issues with the proposed delivery time or changes in the client's procurement plan. If emails go unanswered, call to determine the actual reasons for the silence. Case 8: Q: The client drastically reduced the offered price without responding to quality explanations. How to negotiate? A: Don't dismiss the possibility outright; research on-site if necessary. Acknowledge China's diminishing price advantage but evaluate the client's price system. If incompatible, consider seeking other clients within your price range. Case 9: Q: The client refuses to bear sample and shipping costs. How to handle this? A: For new clients, insist on covering shipping costs, while established clients might be exempt. Demonstrating mutual commitment through shared costs is fundamental to building a cooperative relationship. Note: This article is adapted from online sources, and any infringement concerns will be promptly addressed
25/03/25
Dealing with Customer's Continuous Concerns About Higher Prices Compared to Other Suppliers
Dealing with Customers Continuously Mentioning Higher Prices Compared to Other Suppliers in Foreign Trade Case 1 Q: After providing a quote to a customer who responded that my prices are 15 points higher compared to others, I replied by expressing the intent to secure the best discount. What should I do next? A: Send another email to inquire about the customer's intentions and their target price. If there is a response, provide a targeted explanation of why your product's price may be higher, highlighting its unique features. Offer the best possible discount. Case 2 Q: After several emails about an old product with no response, should I send a quote for a different style? A: Yes, engage with the customer and try to understand their needs better. Building trust through consistent communication is essential in the business process. Patience is key; successful business relationships are often long-term. Case 3 Q: A potential overseas agent expressed interest without signing an agreement. How should I respond? A: Continue the conversation, as the customer might be gauging the market before committing. Understand their plans and expectations. Even if an agreement isn't reached immediately, the experience gained from the interaction can be valuable for future opportunities. Case 4 Q: Customer decided to choose another product; should I still follow up? A: Yes, follow up sincerely and ask for feedback on areas where improvement is needed. If there is no response, consider calling the customer to understand the reasons behind their decision. Case 5 Q: After initial email exchanges, the customer stopped responding. What should I do? A: Evaluate the customer's response; if it's a clear rejection, respect it. If there are concerns or questions, address them promptly. Continued communication increases the likelihood of securing an order. Case 6 Q: Customer consistently mentions our prices are higher than competitors. What should I do? A: Analyze the customer and adjust strategies accordingly. If their company values quality and is in the mid to high-end market, explain the reasons behind the pricing. Be flexible, adjust non-critical parameters, and consider offering a slight price reduction if feasible. Case 7 Q: Extensive communication with a Russian customer ended due to price issues. How should I proceed? A: Communicate the lowest possible price you can offer. If the customer still finds it unacceptable, acknowledge the situation and move forward. Case 8 Q: A Pakistani customer inquired about various products but became unresponsive. Recently, they sent a form with more product inquiries. Should I continue the conversation? A: Respond patiently to the customer's inquiries. If the customer is actively seeking information, provide detailed responses. Building relationships may take time, and consistent engagement can eventually lead to securing an order. Case 9 Q: How to respond to vague requests for a quote? A: Focus on recommending a few key products rather than providing quotes for all. Cover a range of price points and express readiness to provide information on other products if the customer has specific interests. Source: Internet - Subject to removal upon request
25/03/25
Expanding Global Horizons: The Path to Success in International Trade
In the wave of globalization, an increasing number of businesses are directing their focus towards the international market. According to the latest report from the United Nations Conference on Trade and Development (UNCTAD), both goods and services trade showed growth in the first quarter of 2023. However, with the global economic forecast downturn, persistent inflation, financial vulnerabilities, the Ukraine conflict, and geopolitical tensions, global trade growth is expected to slow down. In such a dynamic global trade environment, the key question arises: How can businesses successfully expand in foreign trade? Choose the Right Countries and Markets: Australia emerges as an ideal expansion target due to its robust economy and business-friendly environment. According to the International Monetary Fund (IMF), Australia is expected to become the 12th largest economy in the world in 2023, offering tremendous market potential. Understand Local Laws and Taxation: Before entering a new market, understanding the legal regulations and tax policies of the target country is crucial. This includes local laws, international agreements, regulatory activities, employment practices, and customs procedures. Utilize Business Search Engines for Customer Development: In the expansion of global trade, using specialized business search engines such as "tentenso" to discover potential customers is an efficient method. By entering relevant keywords on "tentenso," businesses can quickly identify potential business partners and customers in the target market, establishing connections for more effective international business expansion. Use Technology to Improve Efficiency: In international business, effective use of technology for communication and management is vital. Transparent communication with foreign clients, order tracking, and document management are essential for maintaining strong customer relationships. Participate in Training and Enhance Skills: Engage in international trade training courses to understand how to conduct transactions and expand business in the global market. Additionally, recruiting skilled staff proficient in various languages is crucial for enhancing the company's performance in international markets. In the fluctuating international trade environment of 2023, businesses can effectively navigate market challenges and achieve sustained growth and expansion in foreign trade by comprehensively applying various strategies. This includes choosing suitable markets, gaining in-depth knowledge of local legal and tax environments, efficient use of technology, investing in employee training and skill enhancement, and utilizing professional business search engines like "tentenso" for customer development.
25/03/25
Navigating Commission Requests and Challenges in International Trade
In the realm of international trade, effectively handling customer requests and challenges is crucial. Let's explore practical solutions and insights for common scenarios in foreign trade business. Case 1: Negotiating Commission Fees Response: When customers request commission fees, there are two common approaches. First, discuss and agree on a percentage (5-10%) to be added to the quoted price. After the order is shipped, transfer the commission to the customer's private account or provide it in cash. The second method involves sending the customer the base price via their private email, allowing them to decide on the commission before sending a formal quote to their company email. Case 2: Following Up with a Hong Kong Customer Response: With Hong Kong customers, who often act as intermediaries, it's advisable to wait 1-2 weeks before following up after providing a quote. Being patient and allowing time for them to evaluate the offer can yield more fruitful discussions. Case 3: Handling Sample Testing Challenges Response: In the case of sample testing challenges, transparency is key. Even if the initial testing results are unsatisfactory, offering alternative samples for a different product can demonstrate flexibility. During the quoting process, consider providing a competitive yet reasonable price, keeping in mind the potential for a future trial order. Case 4: Pricing Strategy at Trade Shows Response: When pricing at trade shows, it's recommended to provide comprehensive information in the first interaction, showcasing professionalism. Hong Kong intermediaries, wait 1-2 weeks before following up, as they often take time to assess options. Case 5: Dealing with Payment Issues with a Nigerian Customer Response: In cases of payment complications, especially with unconventional requests like sending airway bills to a specified bank, exercise caution. Verify the situation with credit insurance providers and approach air shipping with extra care. This blog post explores real-world solutions to common challenges in international trade, emphasizing the importance of strategic communication and flexibility. It provides insights for businesses to navigate complex scenarios and build successful global partnerships. Source: Adapted from online content (copyrighted material, modifications made)
25/03/25
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