Exporting goods to foreign customers is a great way to scale your company but fulfilling orders to other countries comes with additional costs that can increase your price of doing business. As you may know, every dollar counts in a competitive market. That’s why you need to know how to calculate your product’s landed cost, which can help you be more competitive and make adjustments to improve your market entry strategy.
Here are a few basics to help you understand the total price of your export shipment, a metric also known as a landed cost.
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