Tuesday, March 21, 2006

E-Commerce - A New Dimension in International Business

Selling in international market is never simple. Diverse languages, geographical distance, cultural difference and lack of market knowledge pose formidable challenge to any manufacturer/exporter. This is more so when buyer and seller interact through as anonymous a medium as Internet. In addition to general knowledge of standard export-import procedure and conventional wisdom, a good understanding of what works and what does not in e-commerce is a key success-factor today.

At the same time - Internet has brought overseas business within reach of average person with no great financial backup. 10 years back - it was uphill task to set-up a successful overseas business because of lack of reliable information on buyers/sellers/agents etc. and high cost of communication. Today, Internet has made it easy to find quality information and communicate at negligible cost.

In summary - Internet offers excellent opportunity for those who are willing to learn fast and think progressively.

What makes you successful in International Business over Internet ? What works in cyberspace and what doesn't ? I shall regularly write in this blog about my experience of helping Indian manufacturers and exporters make best use of Internet opportunity since 1997

Please help me with your comments/suggestion/feedback/bricks/Bouquets ...

Wish you Very Best

VANIK

3 Comments:

Blogger T.Lokanadh said...

Mr.Amit I read your writing on
E-Commerce = A new domension in
International Buisiness it is very
good . Keep-it-up try to explain
about latest oportunities in export
and Import. Thankyou.
T.Lokanadh

8:15 AM  
Blogger Suvojit said...

Hi,
I am a regular reader of your articles.
The internet provides good options, but there are risks too. I run an ecommerce portal www.pakrashi-harmonium.com, recently there was transaction from US, the shipment was executed, there after we have received a letter from our payment gateway about charge back.
The buyer say’s that there was a misuse of his card information, that too after receiving the goods.
I think this is a classic example of net fraud. Can you through some light on how to deal with these kind of cases.
Regards
Suvojit

1:35 AM  
Blogger Spiderman said...

Hello Vanik

I have just setup a business to support New Zealand manufacturers export to India.

Would be good if you could get in touch with me.we could work out a business opportunity.

7:42 PM  

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