General

Customs data, I believe we foreign traders have heard of it, and many friends have also used it. But do you really understand and can use it well? Is your product suitable for developing with customs data? Currently, there are dozens of platforms selling customs data in the market, how can we choose from them and save costs?

There are currently many platforms in the market that do customs data. There may be differences in the number of countries, the speed of data updates, and the operating interface, but the basic principles are all similar. It is to organize and process the data obtained for everyone to search and analyze. Develop customers and quickly and efficiently find potential real and high-quality buyers

When a company cannot find customers when entering a new market, or when a new product is just launched, or when the company's business volume is not saturated and needs to seek market expansion, customs data and trade intelligence help the company quickly gather all the real and effective buyer information being purchased in the market, and provide a series of data report analysis to help the company accurately understand Evaluate the purchasing behavior and habits of every purchaser in the market, including procurement volume, procurement cycle, procurement frequency, procurement region, etc., in order to identify the most suitable buyer for in-depth trade negotiations and improve the probability of business transactions.

So how can export oriented companies utilize customs data?

Monitor competitors and have a comprehensive understanding of their import and export behavior

Through customs data and trade intelligence, it is possible to monitor the trade trends of competitors, track their every trade record, understand their trade details, and understand their customer resources, business structure, production and operation status, supply frequency and cycle, etc. By comparing and analyzing competitors and oneself, it is possible to find breakthroughs, optimize one's own competitive advantage, and improve the competitiveness of enterprises.

Develop new customers and connect with potential customers. Generally rational customers know that the customers in the customs data are real, but it takes time and effort to contact them. Therefore, they may think that contacting the customer and receiving a response from the customer is effective even if our customs data is effective. Because truly making a business involves various aspects such as products, pricing, certification, funding, personnel, and competition.

Customs data refers to the bill of lading or Customs declaration data of foreign countries, which is authoritative, accurate, comprehensive, timely and detailed. Above, we can see the purchase records of the seller and buyer. By searching for the names of the buyer and seller's company, we can know which suppliers and purchasers they are cooperating with, the quantity of purchases, the frequency and cycle of purchases, and determine whether the inquirer is a peer, whether the customer is large or small, and whether there is a possibility of cooperation. All of this can be known through customs data.