How can you find overseas buyers?
What is overseas buyer discovery?
In simple terms, it's about 'finding foreign customers who will buy my product.' It's the first step in exporting and also the most challenging part.
A buyer refers to overseas companies or individuals who purchase our products. There are various types, including importers, distributors, wholesalers, retailers, manufacturers, and agents.
Comparison of Buyer Discovery Channels
There are various channels for finding buyers. Consider the cost, effectiveness, and time required to choose the channel that suits your company best.
Recommended Strategies by Product/Market
The effective channels vary depending on the product type and target market. It's crucial to choose the right channels that align with our product.
Government-supported buyer discovery service
A significant portion of the buyer discovery costs can be covered by government support. Make sure to actively utilize KOTRA and export vouchers.
Buyer Discovery Process by Stage
Buyer discovery should be approached systematically. By following a 5-step process, you can reduce trial and error.
Practical Tips for Buyer Discovery
Even with the same effort, the difference in results often comes down to the details. Let me share some key tips to boost your response rates.
Don't worry about exporting alone
AI automatically recommends buyers matched to your company from a DB of buyers in 150 countries. Available through export vouchers.
Get Buyer Recommendations (Free)