How to Negotiate With International Buyers and Protect Your Export Deal
How to Negotiate With International Buyers and Protect Your Export Deal Once you have qualified and verified an international buyer, the next stage is negotiation. This is where many export opportunities become either clear commercial transactions or complicated conversations full of misunderstandings. Good international negotiation is not simply about getting the highest price. It is about creating terms that both sides understand and can realistically perform. Negotiation Is More Than Price When a buyer asks for a quotation, it is easy to focus only on the unit price. But an international transaction can also involve specifications, quantity, packaging, destination, Incoterms, payment, inspection, documentation and delivery. All of these elements can affect the commercial value of the deal. Know Your Numbers First Before negotiating, understand the economics behind your offer. Consider product costs, packaging, inland logistics, documentation, freight, i...