Competitive Advantages
Always being in possession of valid EAC approvals can give a company several competitive advantages compared to its competitors. Some companies use EAC approvals as a central part of their export strategy for the countries in the Eurasian Economic Union.
Customers in Russia often choose to buy from companies who already have EAC approvals as it saves them time and money. If the choice is between two companies where prices and other conditions are almost the same, the Russian customer will most likely choose the one whos products already have EAC approvals.
Listed below are some of the benefits you can get from always having valid EAC approvals on your products.
Benefits of having EAC approval
- With an EAC approval you can sell to customers and to projects in all 5 member states.
- You know the exact price of your product/product since the cost of EAC approvals is already known and recognized in the prices.
- If you have a valid EAC approval you can always deliver the item. You should not reject a customer because you do not have the necessary approvals.
- Your customers can trust you, as you can always deliver without delay.
- Customers and distributors prefer to cooperate with companies that already have the required EAC approvals.
- Buying from a supplier that has an EAC approval means that an importer can save a lot of time and money compared to a supplier without EAC approval.
- If a company has valid EAC approval, it gives it a far greater flexibility and better negotiating position when it comes to selecting distributors to cover the countries. This is especially true in Russia, where a distributor in Moscow may find it difficult to cover e.g. Sct. Petersburg, the Ural region and the Far East.
- Your company can participate in pre-qualifications for projects in and delivery to the Eurasian Economic Union.
- You can always take part in a tender as a subcontractor for projects to be delivered within the Eurasian Economic Union.
