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Why do foreign trade bosses have a particular fondness for customs data?

2023-04-07

When it comes to customs data, it is unlikely to be unfamiliar to the vast majority of foreign trade professionals. Being able to accurately display the export records of peers and the procurement records of target customers is also an important tool for improving market share and competitiveness.

Timely insight into industry changes and analysis of target markets

For any enterprise, a new product that has just been launched will inevitably have a certain degree of impact on the existing market. In order to expand market share more quickly, it is necessary to use customs data to gain a detailed understanding of which country has the greater demand and business opportunities in this area. Through data, it is possible to timely understand the actual procurement quantity of each country, which is an important reference for enterprises, In addition, customs data monitoring can also timely understand the actual changes of sellers in relevant regions, help sales enterprises adjust market strategies in a timely manner, and ensure a strong position in fierce competition.

Lock in competitors and consolidate existing customer base

As a foreign trade enterprise, it can continuously analyze the actual situation of its competitors in the industry, their production scale, or product sales direction through customs data for a long time, so that the enterprise can know itself and the other, thereby ensuring its own advantages and position in the industry, and can also develop scientific marketing strategies in a timely manner based on the current market development direction. Through customs data, it is also possible to track and analyze the transaction records of existing customers in a timely manner and gain a detailed understanding. In addition to the sources of goods provided by one's own enterprise, the actual procurement situation in the entire market can help achieve comparative analysis, better help enterprises understand their strengths and weaknesses, find breakthroughs for the next stage of marketing, and expand order share.


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