5 lesser-known uses of the customs data

By justchinait
November 30, 2020

There are many functions of customs data. For every person who is interested in or is engaged in commercial business activities, he should first understand this point: Buyers are the source of market expansion, and competitors are obstacles to development. They should conduct detailed analysis and research. , Thoroughly understand and accurately grasp their various situations, truly know oneself and the enemy, fully grasp, know in mind. How can we effectively implement the strategy of knowing ourselves and the enemy? Customs big data can help you achieve it.

In addition to developing foreign trade customers, customs data has other use-values. Using data from another angle, you will dig out more valuable information. Today, I will share with you the extended value of data.

1. Customs data can grasp buyers’ purchasing rules

The relationship between the number of products, shipping time, and replenishment time can be found through the tracking and analysis of the buyer’s transaction records, and the buyer’s purchasing law can be found. Recommend the company’s products to buyers at the best time to increase the hit rate.

2. Customs data can increase the loyalty of existing buyers

By tracking and analyzing existing customer transaction records, we can know which suppliers the customer has purchased from the same type of product. We can find breakthroughs through a comparative analysis of competitors and ourselves, further consolidate customer relationships, and enhance customer value. On the other hand, according to the change of orders, we can grasp buyers’ possible trends in advance and improve or adjust existing market strategies to avoid risks.

3. Customs data can save customers who have been or will be lost

Through the comparative analysis of customer transaction records and competitors, we can discover the buyers’ concerns, find the problems in their products, delivery, communication, and other links, make targeted improvements and adjustments, better communicate with buyers, and regain Customer recognition.

4. Customs data can monitor competitors

By tracking the buyer’s transaction records, we can find out other suppliers of similar products and their share changes in the transaction. At the same time, we can track competitors’ transaction records throughout the process, master their buyer information and transaction records, plus Analyze the background of competitors and production and operation conditions, and truly know oneself and the enemy, to adjust their market strategies flexibly and pertinently, so that they can be in a favorable position in the competition.

5. Customers can receive customs data from closed competitors

By tracking competitors’ transaction records, they can grasp their buyer information and purchasing rules and judge competitors’ business conditions. Once a competitor goes bankrupt, it can respond to its customers as soon as possible to obtain maximum benefits.

To do foreign trade, we must pay attention to the role of customs data. Good cooperation between customs data and development letters will greatly increase the volume of foreign trade business. The part of customs data in foreign trade development cannot be ignored, and all foreign trade companies must pay attention to the role of customs data.

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