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Most Oil Sellers and Brokers Fail – Crude Oil Selling Procedures That Sell in Today’s Internet Era
Most Crude Oil And Petroleum Product Sellers, Brokers and Agents, in the International "Secondary" Oil Market, Do Not Make Any Sales Or Income. Do You Ever Wonder Why? A MAJOR "HIDDEN SECRET" OF OIL SELLERS & BROKERS: MOST DO NOT MAKE ANY SALES or INCOME Crude oil and petroleum products sellers, as well as their brokers and agents that operate on the "secondary market" of the global oil market are not often speaking about this, or like to do so. Or prefer the fact of it to be widely known. Indeed, many of them prefer that it be kept obscured, or even misrepresented. However, the reality is that one distinctive part in their "reality" is this: as a group, they frequently close no contracts or sell anything for the oil product they claim to offer for sale and, in actual the majority of them will go on for months, maybe even years, or perhaps for all time, never having even one sales contract or contract. It's probably what could be referred to as "the open secret" of the oil sales business! C. Keila Nakasaka, C. Keila Nakasaka, a California attorney and real estate investor and entrepreneur who did extensive market research and examinations regarding D2 diesel oil trade D2 diesel oil trade to see if he could be prudently recommending taking on the commission broker's position for his clients. He claims that he came out of his research greatly disillusioned and disappointed. According to him his "stories that these brokers concoct are that the seller has some direct connection with a refinery. Some even claim that the seller is, in fact, one of the leading energy companies in Russia... [but] what bothered me [the most] is that almost every one of these brokers failed to be forthcoming. They often misrepresented themselves as mandates, direct representatives, and even buyer and sellers." Most likely the most sensitive aspect that most such sellers and intermediaries (the facilitators, agents brokers, mandates, etc.).) are the least "forthcoming" and "misrepresenting" aboutis the amount and number of sales transactions they've ever closed, if ever or the revenue they've earned from the sale, if they have earned any. Most of these employees usually make zero deals and earn virtually nothing. The majority of them work for months or even years , or even for a lifetime and never close any sales agreements, nor say earning a dime in commission income! As Nakasaka described what he found: "Another factor which I thought was odd was that most of the brokers I spoke with never closed a D2 deal despite their months and sometimes years in this business. There was one broker who claimed that he had pending deals, and two who stated that they did in fact close these deals. However, I did not find them credible." MAJOR REASONS FOR THIS, WHICH ACCOUNT FOR WHY MOST "SECONDARY MARKET" SELLERS & THEIR INTERMEDIARIES NEVER CLOSE ANY DEALS Why is it that they make no revenue or sales? A variety of factors can explain it. It is possible to sum them in the following manner: 1. MOST SELLERS (and their intermediaries) are fake, in any way, with no CRUDE , NOR OIL product to sell. A fact that is by now well-established and not contestable among credible experts in the industry is that the vast majority of sales offers peddled by petroleum and crude oil "sellers" in the so-called "secondary" oil markets, and their brokers, agents as well as other intermediaries are fake and bogus. In fact, some objective research and studies have put its magnitude at an alarming figure of 99.999999 percent of all sales offered. Probably the only thing of significant redeeming value that could be stated about this, is that, in particular to those who are intermediaries or foreign brokers in the industry, some are often involved in fraud however, they are innocently and unknowingly in the mistaken belief that the sale or selling procedure is authentic and legitimate, but it actually is not. For more detail please visit:- Display Stands for Retail 2.LACK OF PROPER TRAINING, SKILLS OR KNOWLEDGE IN THE FUNDAMENTALS OF THE BUSINESS In a nutshell, there is no place where the phrase "we live in a wide interconnected world" more relevant in our current world of international buying and selling of petroleum and crude oil products. In the majority of cases, virtually all that one needs to be an "seller" of crude oil or petroleum product or to become his agent, legitimate or not, that operate from any location in the world is access to an internet connection and a computer. Internet connection. This is all you need! However, one dire negative effect of the"so-called "revolution of the Internet" (among other things) is that many people who claim to operate as "sellers" or the sellers' "brokers" or "agents," are largely uneducated or semi-illiterate, untrained and poorly-educated, and do not have knowledge of the basic principles for international trade in oil. Kamal J. Southall, one of the most renowned experts on the subject, and whose book "Trade Fraud, Financial Fraud, and the Joker Broker," is among the most authoritative books on the subject. He puts it this way: "Have you noticed that when you've looked through Google and libraries, and searched for a few little bits of information here or there, you've encountered fascinating phenomena: little practical information on the art and science of conducting International trading as an independently trader exists in any form that is complete. Certain documents, practices, and procedures; mysterious acronyms, like "NCND" and "MPA," are thrown back and forth, badly corrupted model documents and forms may filter your way, but the reality is that most attempted home based traders, brokers - or, more properly, intermediaries - learn through highly expensive 'trial and error ,'... often re-inventing the wheel each time, in that ever-elusive search for a deal and knowledge on how to close that deal." Southall estimates, citing an expert's calculation, that out of the aforementioned one million persons who are trying to establish themselves as trade intermediaries or brokers across the globe, "perhaps no more than 1% has the training and skill needed to ever close a deal... [meaning that] the overwhelming majority, are trading blindly, [hence] deals are collapsing... and more to the point, [oil dealers are] being defrauded - sometimes massive.." "Mr. R. Ambardar, an experienced broker with more than 10 years of wide expertise in advisory and market development services for international markets is adamant that "lack of experience and knowledge" one of the principal reasons that facilitators and brokers fail to succeed in crude oil projects. "Many people are attracted into this business because of [the tales they hear about the] kind of money one can earn on account of successful deals. Many agents fail, [however], to understand that requirements to succeed in this business are very demanding, [and that] Only those who have years of hands-on experience and thorough knowledge of the industry can strive to do well as middle-men." Many brokers, according to Ambardar, forget that "To become a 'Facilitator' in oil business ,... what you actually need is right knowledge and expertise [since this is what will help] you hook up genuine buyers and sellers. One should be in the industry for long to have acquired knowledge related to the dynamics of this business." Therefore, one of the primary ways the general lack of competence or knowledge about the fundamentals of oil business manifests itself is in the inability of people in the string of brokers and intermediaries and agents within the industry to create successful deals and close sales deals even after several months or years of business. 3. BYE AND LARGE, MOST BROKERS AND AGENTS LEARN THEIR CRAFT FROM THE INTERNET, AND THIS HAS SOME SERIOUS DRAWBACKS For the typical modern broker or seller's agent one more serious omission and negative result that stems directly out of the fact that the principal basis of education, and training , through which they can learn about the workings of the oil trading industry, is essentially the Internet. Also, Kamal J. Southall summarizes these negative outcomes as follows: "The experience in separating suspicious trade leads or tender request from a solid one, is often absent on the Internet as well, and there is no rigorous screening of the leads you end up reading. Anything that can be put out there is available in a variety of forms, from genuine to the questionable, to the fraudulent. Moreover, the nature of the "broker networks" is such that information is often passed about with little critical filtering, lack of knowledge of proper trading procedures and the general tendency of information to become corrupted as it trades hands, [and this] leads to dangerous results."

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