Using the internet or any other resource select an export ma
Using the internet or any other resource, select an export management company (EMC) and describe the services it provides to manufacturers. What are the advantages of using an EMC? Discuss any disadvantages as well.
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Solution
Let’s take one of the leading Export Management Company (EMC) of USA, Frederick Export, the services they provide to the manufactures are sales and marketing of their products in international market and they also help the manufactures in customers service and organize trade shows and exhibitions for the new market’s knowledge. They help the manufactures in market research of the prospective market, marketing strategies in foreign, distribution and logistics network, training and management of foreign sales and marketing team and any other information regarding shipping and export. For sales and marketing they manage the distribution networks throughout the world as they are working in almost all corners of the world and they have diversified range of the product to deal with. For their manufactures the Frederick Export provides hassle free services in all the concern areas related to foreign export management from brand building to order processing for their customers and planning, forecasting, distribution, follow-ups, reporting and training about the product. They try to help the manufactures to translate their product bread identity into foreign market. Time to time they organize trade shows and exhibitions for the manufactures to gets insides of the foreign market and accordingly prepare their plan for the future.
the advantages of using an EMC are they are specialized in the export management in the foreign market and provide the services at relatively low cost and in less time otherwise manufactures have to spends lots of time and money in doing the market research of the prospective market, marketing strategies in foreign, distribution and logistics network, training and management of foreign sales and marketing team and any other information regarding shipping and export etc. Generally have well-established networks of foreign distributors therefore manufactures can access to foreign markets in fast manner for their products.
The disadvantages the manufacturers have that the risk of losing control on foreign sales and foreign markets distribution network and therefore on the quality of their products also.