Question added to topic Franchises •
December 17, 2008
Is it feasible to ship auto parts to from the United States to sell in Dubai?
My friend lives in Dubai and owns a trading company there. I have special connections with auto part manufacturers in the U.S. Our main difficulty is finding any solid market research in Dubai or other large cities in UAE.
We need help finding out what the prices for receiving parts in the UAE area currently is. I have tried via e-mail but I have not received any responses that way so far. My friend lives in Dubai and could actually meet some people face to face but we don't really know where to send him.
Yes, it is feasible to do anything. U.S. auto parts are a need in Dubai, and the phones over there also work very well. So get on the phone and do some "mystery shopping" -- pretending to be a customer so you can get an idea of pricing from the area. That way, you'll be better informed about pricing and the types of margins you'll need to successfully compete in a profitable venture.
Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.