Have a demand for Monno product import and want to understand the actual situation of Monno Import Agency, inquiring about its service quality, price, and customs clearance efficiency. The best answer states that Monno Import Agency has a good reputation, professional and comprehensive services, reasonable and transparent prices, and high customs clearance efficiency. Although customer experiences may vary, it is generally worth considering.
Is it good to be a feed import and export agent, and can those who have done it share their experience?
Resolved
I am considering venturing into the feed import and export agency business recently and want to understand if it is easy to do in this field. Does it involve dealing with many complex processes, such as customs declaration and quarantine? Also, is it difficult to find customer resources? In addition, what are the approximate capital investment and profit margins? I hope experienced friends can give some advice, so I can have a better idea.
Trade Expert Insights Answers
Feed import and export agency has a certain degree of difficulty, but there are also opportunities. Firstly, the process is indeed relatively complex, involving customs declaration, quarantine, and other multiple affairs. Customs declaration requires accurate filling of various documents, and quarantine requires familiarization with the standards and requirements of different countries for feed, such as the EU's restrictions on feed additives.
Customer resource development is difficult in the early stage and requires expansion through industry exhibitions, online platforms, trade intermediaries, etc. You can participate in domestic and foreign feed industry exhibitions to showcase the advantages of agency.
In terms of capital investment, initial expenses include office space and personnel salaries. Profit margins are affected by market competition, agency products, etc. Generally, with reasonable operation, profits can be maintained at a certain level. If long-term cooperation with large feed enterprises can be established, the benefits will be better. Overall, with professional knowledge and accumulated resources, the business will gradually become smoother.
It's not easy. Quarantine requirements are particularly strict, and standards vary from country to country. Mistakes can happen with the slightest oversight. Once goods are held up, the losses can be substantial.
I feel that customer resources are quite crucial. If there are no stable clients, just having experience with the processes is useless. A lot of time must be spent finding clients in the early stage.
Capital investment depends on the scale. If you also plan to do warehousing, the investment is not small, and warehousing involves issues like storage conditions.
It's hard to say about profits. Competition is fierce, and some small agents suppress profits very low to snatch clients.
It's okay once you're familiar with the processes, but in the beginning, all sorts of documents and procedures can be a headache. It's best to have an experienced person to guide you.
Doing this requires constant attention to policy changes. Once policies change, many operational methods may need to be adjusted accordingly.
Besides clients, suppliers also need to be found well, otherwise, unstable supply will affect business development.
If you can cooperate with some e-commerce platforms, you might be able to expand quite a few business channels.