Reason 2 export: Reduce your production costs by economies of scale
Dec 21, 2022Is it a good idea thinking of exporting?
If your company has excess production capacity!?
Absolutely!
Expanding your customer base by exporting to another country is a great way to reduce your production costs.
By producing 1,000 units instead of 500, you can take advantage of economies of scale and lower your per-unit cost.
This is a great way to increase your profits and reach a larger customer base.
So if you're thinking of exporting, why not take the plunge and see what great opportunities are out there?
What do you think - is it a good reason to go from thinking to doing.
#2. Reducing production costs by economies of scale
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