Who should use an Export Trading Company (ETC)
All manufacturers with little or without export experience should consider an ETC. Even experienced exporters may want to consider using an ETC for selected products for certain foreign markets. Firms looking for new markets in order to accelerate their business growth should consider using an ETC.
What's an Export Trading Company?
An ETC is an independent firm, which, in effect, acts as the exclusive export sales department for non-competing manufacturers. Their loyalty is to their manufacturers and they are working hard to develop a successful export business.
What Outsource Trade Group (ETC) does for our clients?
We establish the marketing presence in foreign markets soliciting orders from foreign customers in the name of the manufacturer. Invoicing is done in the name of the manufacturer and help the manufacturer with all the details of the export transactions. The manufacturer bears the risk of nonpayment, and may be asked to extend credit to the foreign customer. –However as your export agent we use all our expertise and resources to avoid such scenarios.
What we need from our Clients
To achieve excellent results in marketing and selling our client’s products, we ask for 2-3 years for meaningful results. We also may request from our clients to market and sell their product:
- Promotion materials
- Product catalogs
- Technical Data
- Product samples-in some instances
- Keep us up-to-date on product modifications
Why go with an ETC-Outsource Trade Group
ETCs usually have long established sales networks abroad. We have established foreign sales and distributing networks.
Outsource Trade Group is experienced in all facets of exporting: foreign travel, export marketing, etc. Here are our typical strengths:
1. An ability to handle all details. The know-how to answer inquires,prepare quotations, enter orders, handle shipping details, and get paid. We are export professionals. We keep active contact with foreign firms.
2. An ability to establish a strong foreign distribution system. The know-how to select agents and distributors, and to manage their distribution network.
3. We are experts on business conditions abroad. Outsource Trade Group executives travel for first-hand experience. We constantly appraise market conditions and sales opportunities.
4. Our profits are based on how successfully our clients export. We our motivated to do a good job.
Our Area and Regions of Expertise
We specialize in military, defense, aerospace, high tech electronics and satellite communication products and components. Our regions of focus are the United States and Europe. If you require your product to reach territories outside of these regions please contact us.
What Do We Charge?
Please see our General Service Fee Chart below for an idea of our prices. For specific projects Contact Us
1. Outsource Trade Group operates on a commission basis normally between 10%-15%.
2. Outsource Trade Group request an annual retainer fee of $5,000 for new clients i.e. establish export sales.
3. In addition to commissions in some instances we may request for "special event" contribution such as a 50/50 sharing of costs to exhibit in a foreign trade show. Outsource Trade Group may require a contribution for advertisement and other promotional activities, usually on a shared basis.