Trade Data Provider
05-06-2024
Finding global customers through customs data is an effective strategy for businesses looking to expand their reach in international markets. Customs data provides valuable insights into trade activities, including information about importers, exporters, shipment details, and more. Here's a step-by-step guide on how to utilize customs data to find global customers:
1. Identify Reliable Sources of Customs Data
To start, you need access to comprehensive and reliable customs data. Some well-known sources include:
· UN Comtrade: A United Nations database for international trade statistics.
· Tendata: A platform specializing in customs data and trade analytics.
2. Understand the Data Available
Customs data typically includes:
· Product Descriptions: Details about the products being imported or exported.
· HS Codes: Harmonized System codes used to classify traded products.
· Importer and Exporter Information: Names and contact details of companies involved in trade.
· Trade Volumes and Values: Quantities and values of goods being traded.
· Country of Origin and Destination: Information about where goods are coming from and going to.
3. Define Your Target Market
Before diving into the data, define your target market. Consider the following:
· Geographic Regions: Which countries or regions are you interested in?
· Product Categories: What specific products or HS codes are relevant to your business?
· Industry Sectors: Which industries are you targeting?
4. Access and Analyze the Data
Once you have access to a data source, use the following steps to find potential global customers:
A. Search for Relevant HS Codes
Use HS codes to filter the data and find shipments related to your products. This helps you narrow down the vast amount of information to the most relevant trade activities.
B. Identify Key Importers and Exporters
Look for companies that are consistently importing or exporting significant volumes of your target products. These companies are potential global customers or partners.
C. Analyze Trade Patterns
Examine the trade patterns of these companies to understand their buying habits, preferred suppliers, and shipment frequencies. This information can help you tailor your approach.
5. Extract and Organize Contact Information
Gather contact details of potential global customers from the customs data. This may include:
· Company Names
· Addresses
· Phone Numbers
· Email Addresses
6. Reach Out to Potential Global Customers
With the organized contact information, initiate contact with potential global customers:
· Email Campaigns: Send personalized emails introducing your products and services.
· Cold Calling: Reach out via phone to establish a direct connection.
· LinkedIn: Use professional networks to connect and engage with potential clients.
7. Monitor and Follow Up
Track your interactions and follow up regularly. Maintain a customer relationship management (CRM) system to manage your contacts and communications efficiently.
8. Leverage Additional Tools
Combine customs data with other market intelligence tools for a more comprehensive approach. Tools like Tendata can provide deeper insights and analytics to support your customer acquisition strategy.
Conclusion
Using customs data to find global customers involves accessing reliable data sources, defining your target market, analyzing trade activities, and systematically reaching out to potential clients. This approach provides a data-driven foundation for expanding your business into new international markets and finding valuable global customers.
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