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Import Representatives FAQs
People who want to import items from foreign countries must negotiate innumerable obstacles, including the shipment of their items, tax implications, customs, navigating the confusing network of international laws and regulations and finding distributors for their goods. If you are interested in importing products from foreign countries for the purpose of selling them in the United States, then you might want to investigate the services of import representatives. The following answers to a few frequently asked questions about import representatives might help you:
What do import representatives do? Import representatives act as liaisons between importers and retailers. People who wish to import or export goods for sale can expect help with tariffs, introductions into the marketplace and international laws and regulations. An import representative acts as an agent that brings the seller and buyer together, and facilitates the transaction.
Why do I need an import representative? Import representatives provide assistance with many aspects of the importation and marketing of goods that many manufacturers couldn't effectively handle alone. Because an import representative not only has extensive knowledge of the market for the goods you wish to import, but also the distributors, wholesalers and retailers with whom the importer would wish to do business, you stand to receive a greater return for your initial investment.
How do I find an import representative? You will want to find an import representative that has been in the import business for many years, and is familiar with international laws, regulations, customs, tariffs and import policies. It is also important to find an import representative that specializes in the goods you wish to import, whether they are clothing items, pharmaceuticals, furnishings or textiles. An import representative must also be well acquainted with the region from which you are importing your items.
Importers are parties that bring products from a foreign country to domestic land to sell for a profit. Import representatives are agents that facilitate such entry into the United States market. When overseas companies, such as those in Asia or Europe, wish to introduce new products to this country, they often turn to import representatives for their needs. Such an agency or representative can help with new imports or exports and help corporations penetrate this market and hopefully make more money. Some import representatives focus on one type of imported good, such as leather or furniture, while others sell a wide variety of imported goods. Import representatives can advise on all export and import processes, such as tariffs, customs, trade rules, business and economy, and local, national, and international laws. If you are a manufacturer, distributor, or supplier looking to introduce your product into the U.S. market, you may want to hire an import representative to help you with this. You can find import representatives by looking in your local phone book or by searching online directory listings for a local, national, or international agent. Go online to do your research on what import representatives typically do, rates, company backgrounds, customer testimonials, and other information. Whether you want to market a new drug or a new line of clothing, your best bet is to hire an import representative to handle all the details. Contact a few different import agency representatives either online or near you. Get company background, location, web presence, rates and product specialty, such as machinery, software, leather goods, or medicine.