Understanding Export Pricing Strategies for Small Businesses
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TikTokexportwithali
Understanding Export Pricing Strategies for Small Businesses
Discover key export pricing strategies for small businesses to enhance profitability in global markets. #business #export #smallbusinessowner #businesstips #sialkot Ali Raza(@exportwithali). original sound - Ali Raza. Formula Of Export Pricing ! #business #export #smallbusinessowner #businesstips #sialkot
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Export pricing is easy to understand. Here’s how it works • FOB (Free on Board): This price includes all costs up to the port of shipment. Once the goods are loaded onto the ship, the buyer takes responsibility. • CIF (Cost, Insurance, and Freight): This includes everything in FOB pricing plus the cost of shipping and marine insurance to the buyer’s destination port. • DDP (Delivered Duty Paid): This covers all costs from the exporter’s factory to the buyer’s factory or warehouse, including ship
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💰 How to Do Export Pricing – Made Simple Many new exporters get confused about how to set the right export price for their product. But in reality, it’s quite simple 👇 Step 1: Start with Your Purchase Price ➡️ Example: Cost of 1 box = ₹300 Step 2: Add Your Profit Margin ➡️ Let’s say you keep a 10% margin (₹30) ➡️ New price = ₹330 per box (Ex-Works price) Step 3: Add Logistic Costs (if needed) ➡️ If the buyer asks for FOB or CIF price, you need to add: • Freight 🚢 • Insurance 🛡️ • Other logis
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