Agri buying is a huge market in India. The sector is growing at more than 10% each year, and the country’s agricultural output is expected to double over the next 10 years. Because it’s so lucrative, Agri buyers can quickly become very successful in the industry.
But many Indian agri-commodities buyers make mistakes when they go into the buying process. Here are some tips that should help you avoid them:
1. Always visit the farm with a local partner; don’t go alone. If you’re going out on your own, you’re likely to make mistakes or ask for a price that doesn’t reflect the true cost of production.
2. Don’t try to drive a hard bargain. You’ll be more successful if you remain flexible and respectful of the sellers’ wishes while working out a deal together.
3. Get everything in writing. Put all your terms and conditions in writing before signing any contracts or leases with farmers. This will help ensure that both sides are clear about what they’re committing to, what they should expect from each other, and what rights they retain on either end of the deal.
4. Keep track of all the latest innovations and emerging technologies in the agriculture commodities sector.
5. Research about products before purchasing them so that you do not waste your money on low-quality equipment which will eventually increase your production costs rather than save them.
6. Be aware of fake products and deals that are being offered by various websites or stores in order to lure customers into buying products that might be of low quality.
7. Look for good farmers – It is important that as an Agri buyer, you look for farmers who grow quality products and treat them well during the entire process. You should check their social media accounts to know how they are doing and if they are growing quality products or not.
8. Ensure Compliance With Regulatory Standards – Before meeting any supplier make sure what kind of product he/she can supply, whether it meets all regulatory standards or not.
9. Know your requirements – It’s important for buyers to know what they are sourcing and how much quantity is required by them for buying agricultural products from suppliers. Buyers should know exactly what type of agricultural products they require and how much quantity they want to procure from suppliers as per their business requirements. They can also share their requirements with different suppliers so that they can offer the best price quotations to them.
10. Understand the trends- Understand how the prices fluctuate in agriculture markets so that you can buy at reasonable rates and make profits out of it.
Best Place to buy Agri-commodities
If you are looking to buy agri-commodities like rice and wheat, Tradologie.com is the best platform that helps you get the most reasonable prices. You can now compare the quality and prices of various agri-commodities available in different places and choose the best one for you.
Tradologie.com has been specifically designed to connect buyers with sellers from all over the world. This online platform gathers sellers from different countries together and enables buyers to compare prices and the quality of agri-commodities available in different places. The company has already set up a network of suppliers from India, Iran, Russia, Ukraine, etc. so that buyers can get the best deals possible.
On this website, sellers can showcase their product catalog with images and price lists on a virtual storefront. The website provides them with easy tools to add new products and update their existing products. They can also publish product catalogs as e-brochures so that potential buyers can have a look at them before buying anything. The company’s experienced team is always there to help sellers create an attractive storefront so that they can attract more customers easily.
Tradologie provides an online auction platform where commodities can be sold at market-leading prices by getting bids from buyers.
Benefits of buying agri-commodities through Tradologie.com
The following is the list of benefits of buying agri-commodities through Tradologie.com:
1. Price Discovery:
Through Tradologie.com, you can find out the most suitable price at which you can buy the commodity at any point in time. This helps you to make better decisions while purchasing the commodity.
2. Accessibility to a wide range of buyers & sellers:
With Tradologie.com, you can source your requirements from a wider network of farmers, traders, and processors and get the best price for your product.
3. Best quality products:
At Tradologie.com, we have a special quality control (QC) department which ensures that our buyers get only the best quality products for their use which in turn help them to earn good margins on their own products.
4. Market Intelligence & Advisory Services:
We provide regular reports on market intelligence and advisory services from our experienced market analysts which help our clients to make informed decisions regarding their business activities and increase their profits and revenue margins by reducing the losses in their business operations.
How Tradologie.com is simplifying the Agri-commodities trade
According to the International Trade Centre, agri-commodities Trading are one of the most traded products globally. In fact, the global trade value for agri-commodity in 2018 was over $1.5 trillion and is expected to reach $2.6 trillion by 2030.
However, trade for agri-commodity is not as easy as it sounds. It involves multiple parties, multiple processes, and a lot of documentation. But what if there was a platform that could simplify the complete process? Enter Tradologie.com – one such platform that is changing the way India trades its agri-commodities.
Tradologie.com is an online B2B marketplace for agri-commodities trade that helps buyers and sellers connect and transact seamlessly. The platform uses a unique bidding process to facilitate trading, which allows sellers to offer varying prices to buyers. This enables them to get better prices for their products, while the buyers get access to the widest range of products at competitive prices.
