Are you looking to export rice wheat or other agro commodities? Agro-export is among those few industries, which are vibrant and well-established industries globally. Food is the basic need of mankind and it will exist, till humans exist. Commodities like rice, wheat sugar, pulses and wheat are highly famous in the global market. However, the biggest challenge for exporters is how to reduce the cost of exports. Low export costs are directly proportional to greater profits.

So, are you interested in knowing the top ways you can reduce your cost for agro-commodity exports? If yes, then this blog is definitely for you.

It will provide you with vital information on the top ways to keep expenses under control and book handsome profits.

Sourcing from the right millers and vendors:

Saving money on exports starts with sourcing from the millers or vendors who provide the most competitive price. For instance, if you want to export rice, compare prices from multiple suppliers who offer the best quality at reasonable prices. This will help you secure more profit margins when you quote prices to the buyers. There is no such rocket science behind it. However, it's just a basic understanding. Look for suppliers who are reliable have a positive reputation in the market and can cater to your needs in a timely and efficient manner. 

Reducing Customer Acquisition Cost:

So what is a customer acquisition cost? Well, in simple terms, it's a cost a business incurs to acquire a new customer. This process entails several processes that demand a hefty amount of money. For instance, you might have to visit international trade shows to exhibit your business and hire an expensive business development team to convert your interactions. You might have to pay a middleman's hefty commission to get your orders. However, all this can be reduced with the use of online B2B platforms that either provide leads or direct inquiries from importers. This digital process replaces the physical process and saves a lot of money.

Focus on catering to bulk orders:

The general rule for any b2b business says that bulk orders are always profitable. This means, the profitability per unit basis drastically increases. You don't have to engage with the hassles and technicalities of tiny orders and bear with small profit margins. Your handful of orders will provide you with handsome profits. To get such orders, you can register on online b2b platforms like Tradologie.com. Such platforms provide genuine inquiries and leads that help find the most reliable buyers who import in bulk.

Find the right CHA:

Those who are already in the export industry, they might know what a CHA is. A CHA is basically a custom house agent who facilitates the logistics and final clearance of goods to the port. He also assists in all the documentation related to customs and ports. Most exporters finalise a CHA in haste without any price comparison. However, it is always a wise decision to take quotes from multiple CHAs in your vicinity and look for the most affordable pricing. As it is said that a rupee saved is a rupee earned. Such cost-cutting on expenses ultimately reduces the cost of export.

Conclusion:

In conclusion, if you want to reduce the cost of exporting agro commodities, then it all starts with choosing the right vendor to customer acquisition cost and eventually picking the right CHA. It's all about keeping every cost under control and working smartly. Platforms like Tradologie.com make it easier to find buyers, and many explorers utilise them to export globally.