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The Basic Ingredients For The Complex Global Marketplace. Issues To Consider In The Marketplace…. _______________________ _______________________ _______________________ _______________________ _______________________ _______________________ _______________________ _______________________.
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Issues To Consider In The Marketplace…. • _______________________ • _______________________ • _______________________ • _______________________ • _______________________ • _______________________ • _______________________ • _______________________
Channel Objectives and Constraints... • Level of Involvement • Customer Characteristics • Product Characteristics • _______________________________ • _______________________________ • _______________________________
Longer Distances Charges are Higher Extensive Documentation Terms of Sale Packaging Issues More Intermodal Moves Third Party Providers Insurance Requirements Methods of Payments Evaluation of Ports _______________ Differences In International/Domestic Markets
Extensive Documentation • Bills of lading • Commercial Invoice • Certificate of Origin • Export Declaration • Customer Invoice • Letter of Credit • Insurance
Remember those Terms of Sales? • Domestic Terms • INCO Terms
What Are Some of The Packaging Issues? • _______________________________ • _______________________________ • _______________________________ • _______________________________ • _______________________________ • _______________________________ • _______________________________
Who Are The Third Party Providers? • Freight Forwarders • Export Management Companies • Customs House Brokers • Export Packers • ______________________________ • ______________________________ • ______________________________
Special Insurance??? • What are some of the issues that make it different? • __________________________________ • __________________________________ • __________________________________ • __________________________________ • __________________________________
Methods of Payment • Letters of Credit • Drafts • Cash In Advance • Sales on Consignment • Sales of Open Account
Where To Ship Product From??? • _______________________________ • _______________________________ • _______________________________ • _______________________________ • _______________________________ • _______________________________
The 4 “Ds” of International Marketplace • Distance • Demand • Diversity • Documentation