Export Management Company(EMC): An EMC handles export operations for a domestic company that wants to sell its products on international market but doesn't know how. The EMC does it all till bottom—hiring:
Dealers, distributors and representatives
Marketing and promotions
Handling advertising
Arranging shipping and sometimes arranging financing.
Supervision of packaging and marking
But in some situations, the EMC obtains title to the products/goods, in quintessence becoming its own distributor its own way. EMCs usually specialize by product, foreign market or both, and-unless they've taken title-are paid by commission, salary or retainer plus commission.
Export Trading Company(ETC): While an EMC has merchandise to sell also ETC is using its main energies to search for buyers, an ETC directly attacks the other side of the trading coin. It identifies what foreign buyers want to spend their money on and then hunts down domestic sources willing to export. An ETC sometimes takes title to the goods and sometimes works on a commission basis.
Import/Export Merchant: This international manufacturer/capitalist is a gratis agent. Manufacturer or capitalist has no precise client foundation related to Import and Export, as well as doesn't specialize in any one of Import or Export industry or supply chain line of products. Instead, Merchant purchases products or goods directly from a domestic or foreign manufacturer and distributors, after that packs, ships and just resells the goods or products on his own way. This means, of course, that dissimilar the EMC, Merchant presumes most of all the risks and also all the profits too.
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