Corey Smith Dresher Shares 5 Mistakes to Avoid in Import-Export Business


Coreysmithdresher

Uploaded on Jan 2, 2026

Category Business

Are you thinking about starting an import-export business? Don’t make costly mistakes! In this video, Corey Smith Dresher explains 5 common mistakes to avoid in the import-export industry. From poor market research and ignoring legal requirements to underestimating costs, choosing unreliable partners, and neglecting logistics, these pitfalls can seriously affect your business.

Category Business

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Corey Smith Dresher Shares 5 Mistakes to Avoid in Import-Export Business

Corey Smith Dresher 5 Mistakes to Avoid in Import-Export Business Poor Market Research Entering a market without understanding demand, pricing, competitors, or regulations can lead to losses. Always research the target country’s import rules, consumer preferences, and market trends before shipping goods. Ignoring Legal & Compliance RMaenyq beugininreres omvereloonk tlicenses, customs doscumentation, HS codes, and country-specific regulations. Missing or incorrect paperwork can cause delays, fines, or shipment seizures. Underestimati ng Costs New exporters often calculate only product and shipping costs. Hidden expenses like customs duties, taxes, insurance, port charges, currency fluctuations, and warehousing can seriously affect profit margins. Ginyard International Co. Choosing Unreliable Partners Working with unverified suppliers, buyers, or freight forwarders increases the risk of fraud, poor-quality goods, or late deliveries. Always verify credentials, request samples, and use secure payment methods. Poor Logistics & Risk MNot aplanniang gfor edemlays,e danmatge, or loss in transit is a costly mistake. Use proper packaging, cargo insurance, and reliable logistics partners to protect your shipment and business reputation. Thank you! Feel free to approach us if you have any questions.