| If you operate a small business, you may feel that | | | | To learn more about making money as a licensing |
| your income potential is quite limited. However, you | | | | agent,visit |
| can increase and diversify your income through | | | | 4. Finder`s Fees |
| international trade. | | | | Imagine the possibilities for earning finder`s fees |
| 1. Importing | | | | ininternational trade! |
| Retail store owners can find additional products to sell | | | | You can earn fees from domestic companies for |
| from foreign manufacturers, distributors, and other | | | | findingforeign buyers (or for finding suitable imports |
| suppliers. | | | | fromforeign suppliers). You can also earn fees |
| Advantages of importing include increased product | | | | fromforeign companies for finding domestic |
| selection, lower costs, and increased income. | | | | corporationsthat will buy their products (or for finding |
| You may even decide to go exclusively into the | | | | suitablesuppliers and products from domestic |
| import business and become a wholesale distributor. | | | | corporations). |
| 2. Exporting | | | | To learn more about how to earn finder`s fees, visit |
| Manufacturers can find new customers for their | | | | 5. Drop Shipping |
| products in foreign countries. | | | | Visualize receiving an order from a customer based in |
| Perhaps consumers in your country have lost interest | | | | a foreign country and not having to be bothered with |
| in your product. It may have become obsolete | | | | shipping and handling the product. No customs |
| because of technological advances. A foreign market, | | | | declarations or brokers are required by you. This is |
| however, may be desirous of that very product. | | | | because your drop ship supplier is handling those |
| Maybe there is an economic slump in your country. | | | | details. |
| Another country may be experiencing a boom. Sales | | | | You might collect $100.00 plus shipping of $15.00 from |
| from customers in that country may help stabilize | | | | your foreign customer. You then simply send your |
| your income. | | | | customer`s order to your drop ship supplier with your |
| Exporting can also help smooth the peaks and valleys | | | | payment of $65.00 (consisting of $50.00 wholesale |
| of your income. For instance, if you sold winter | | | | cost plus $15.00 shipping). Your drop shipper will now |
| sporting goods, you could sell to both northern and | | | | fulfill the order. Congratulations! You just made fifty |
| southern hemispheres to help offset the seasonal | | | | dollars. |
| nature of your business. | | | | To learn more about how to make money drop |
| Of course, you might also consider selling sporting | | | | shipping, visit |
| goods for all the seasons and still export to other | | | | 6. Mail Order |
| countries to increase and diversify your income. | | | | Add a mail order service to your existing business |
| You could also become an Export Management | | | | operation. Manufacturers, retail stores, and other |
| Agent. Arrange for other domestic companies to sell | | | | businesses can increase their sales by using this |
| their products to foreign corporations and earn a ten | | | | additional method of selling that is very conduciveto |
| percent commission. | | | | international trade. |
| You would think that selling to foreign customers | | | | To learn more about mail order, visit |
| would be quite risky. However, use of letters of | | | | 7. Internet Marketing |
| credit can protect all parties. An Export Management | | | | You can also extend your reach to worldwide |
| Agent might actually arrange for ninety percent of | | | | customers by means of the Internet. Methods of |
| the sale to be paid directly to the domestic supplier | | | | obtaining foreign business include affiliate marketing, |
| and ten percent to be paid directly to himself. | | | | online auctions, online stores, and websites. |
| 3. Licensing | | | | To learn more about Internet marketing, visit |
| Consider becoming a licensing agent. Earn royalties by | | | | Yes, to increase and diversify your income, consider |
| arranging for foreign corporations to manufacture and | | | | international trade. |
| sell the products of domestic companies. | | | | |