Wednesday, 5 December 2012

Difference between Trading and Manufacturing Products




When we are talking about trading products many things came into our mind like this company is a trading company it means off course they are buying from other manufacturing companies. The price matters a lot when we talk about trading companies because trading companies cannot provide the competitive prices because they are not direct manufacturer’s they have to consider their profits as well.

Manufacturing products are easy to sell as compared to trading products because in manufacturing products you are in a position of negotiation up to good extent and you can easily offer the competitive prices to buyers. I’m working as an Overseas Manager for hot dipped galvanized steel industry. We do manufacturing and also trading. First of all I did not know about our trading products due to which I was facing a lot of problems because every buyer was saying your price is high offer us competitive prices. After experiencing this problem I made research about the product in which I was facing many problems and after doing my research I came to know that those were the trading products that is why our price was high.

From above situation I came to know it’s better to know your products in detail before starting your sell in order to know your strengths and weaknesses.

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