All dry fruits are good for health. Some of them are amazing for keeping your cholesterol levels in check while others give you an amazing boost in protein. However, when you talk about cashew nuts, they are known for their amazing ability to boost your mental health and strengthen your immune system. Nevertheless, cashew nuts are one of the best natural ways to stay healthy. Moreover, cashews are also known for being an excellent source of antioxidants as well.
Now, thee kidney-shaped nuts are considered as the most amazing natural supplements in the world and if you are someone, who wants to get into trading Cashew nuts then that would not really be such a bad idea.
Basic Requirements You Need to Fulfill to Start Trading in Bulk
Well, if you are interested in starting your trading business then you need to fulfill certain requirements. Here are some things, which you need to carefully setup before you actually start trading. Now, before diving nose-first into the requirements, you need to understand that these requirements are there for trading every other product as well. So, here goes:
Pick a Product/Good
Yes, the first thing, which you need to take care of, is to select a product, which you want to trade internationally or even locally. Now, you need to understand that you cannot simply, start pointing or picking goods just because of a personal liking for them. What you need to do is to ensure that whatever products you are choosing to trade are first in you reach. You need to be able to have a source from where you will get these products yourself. Now, you can either, be someone, who manufactures these products or grow them, or you could have a contract with a supplier or a manufacturer, who can deliver your desired product in your desired quality and quantity.
Know the Market
Now, this is one of the most important aspects of starting your own international trading business. Whether its cashews or laptops, you need to have a comprehensive understanding about the market. You need to have the information, which will help you in understanding the norms of the market. Now, when you are talking specifically talking about cashew nuts, then you need to understand that there are a few different types of cashew nuts. Now, each type of cashew nut comes in a different color shape and size. Yes, they are all kidney-shaped but different types have variations, which makes them different from each other. Therefore, each different type of these nuts has a different price per kg.
Understanding B2B Websites & using them
Now, comes the part, where you are start going to look for cashew buyers. See, you understand the market and you now have enough information about which grade of cashew nuts are priced how much therefore, this information will help you in searching for buyers and choosing the best one amongst them. However, before moving onto searching for buyers, you first need to understand that there are certain tools, which can help you in speeding up the process of searching and finding buyers. The best tool for bulk trading in the international market is undoubtedly, a b2b website.
Now, all you need to do is to simply, make an account on one of the many b2b websites in the world. You may have to pay a small amount of subscription fee to use their services. After that, you simply need to start your search. Now, this search will not take you a long time. However, choosing the buyer you want to do business with may take some time.
Selection Process
Now, this is the part, which may take you a lot of time. The selection process purely depends on how your interaction with the buyers has been. See, when you search for buyers then you should make a list of all the buyers. After making the list, before you start contacting them, you need to screen the list based on, which type or grade of cashew nuts the buyer wants. Keep only the buyers, who are willing to buy the grade of cashew nuts, which you are willing to sell. Now, doing this will greatly reduce the number of buyers and it will help you focus on the buyers, who are most likely to end up in making a deal with you.
Once you are done with the screening process, you must now start contacting each buyer on the list. Now, it is a good idea to provide you buyers all the information about your cashew nuts such as the rates, the grade, the minimum order quantity and the maximum capacity, which you can supply per month. Furthermore, it is also customary for sellers to deliver a sample of their products to the buyers so that they can see and check the quality of the product on a first-hand basis.
Pick a Buyer
Now, most buyers are willing to pay for the samples. Once you have provided each buyer on the list with the samples, you simply need to wait for their feedback. Now, when the feedback comes, it will become easier for you to focus on the buyers, who are interested in buying from you and this is where you will start your negotiations. Now, obviously you would want to make a hefty profit and the buyer would want to buy in as less of a cost as possible. Therefore, once you negotiate with all the buyers, who have provided you with the feedback, you must decide on finalizing the deal with the one, who is willing to pay the best price for your goods.
