General

What value can customs data create for foreign trade enterprises?

1. Development of foreign trade customers

The customs data not only contains the true information of the buyer, but also allows for the analysis of their specific transaction information based on the above data: purchasing products, purchasing quantities, in order to find suitable buyers for the enterprise.

2. Improve customer conversion rate

You can search for high-quality customers through customs data, and select importers with large import volumes and relatively high profits based on the data. Enterprises can focus on development, which will achieve twice the result with half the effort.

Customs data analysis can also be used to identify the purchasing patterns of buyers. Recommend company products to buyers at the best time to increase hit rates.

3. Fully understand the changes in market supply and demand, and adjust export strategies in a timely manner

Understand new products in the same industry through customs data, understand changes in customer needs, respond more promptly, enhance one's competitiveness, and reduce customer churn.

4. Grasp the development status of global competitors and adjust competitive strategies at any time

Find customer targets and view their supplier export data to observe their product quality and prices. Through comparative analysis of competitors and oneself, identify breakthroughs, further consolidate customer relationships, and enhance customer value. Otherwise, why would people give up their previous partners and choose to cooperate with you? We must demonstrate our strength in terms of both quality and service.

If your competitor's price is relatively high, but the quality is the same as your product, then in this case, you can directly contact the customer, which will bring huge advantages. If the customer has abandoned many of their peers, you can also analyze the reasons why the customer will not continue to cooperate with them.