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What Value Can Customs Data Create for Foreign Trade Enterprises

2023-06-14

Customs data can help enterprises understand the market demand of various countries, analyze the market share and competition situation of various commodities, and provide important reference and basis for enterprises to carry out market expansion.

1、 Procurement Information

Customs data can help enterprises understand the import and export situation of various commodities, analyze the price trends and changes of various commodities, and provide a basis for enterprises to formulate procurement plans.

2、 Procurement quantity and contact information

Customs data can help enterprises understand the import and export quantity, business status, and contact information of trading partners, providing reference and basis for enterprises to find suitable trading partners.

3、 Improve customer conversion rate

Improving customer conversion rate and screening high-quality customers, customs data can help enterprises understand their import and export situation and procurement patterns, analyze changes and trends in customer demand, provide reference and basis for enterprises to accurately locate customers and develop marketing strategies, thereby improving customer conversion rate and screening high-quality customers with high demand.

4、 Fully understand the market supply and demand situation, adjust export strategy

Analyzing the market supply and demand situation and adjusting exports, customs data can help enterprises understand the market supply and demand situation and trends, adjust export directions and strategies in a timely manner, and improve the export trade level and competitiveness of enterprises.

1. Comparing new products in the same industry and analyzing changes in demand: Customs data can help enterprises understand new products in the same industry, analyze changes in market demand, adjust the export product structure in a timely manner, and enhance the competitiveness of enterprises.

2. Reduce customer churn: Customs data can help enterprises understand customer procurement patterns and demand changes, adjust export strategies and product structures in a timely manner, improve customer satisfaction, and reduce customer churn.

In short, customs data is very important for foreign trade enterprises. It can help enterprises better understand the market, customers, and competitive environment, improve their competitiveness and market share, and thus achieve better performance and profitability.


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