What must a business consider when entering the international marketplace?

What must a business consider when entering the international marketplace?

Chris Virgin

Hi there again!

I'm Sharing some tips with you

1

FIND SOMEONE WHO HAS DONE IT BEFORE

2

DON'T TAKE the simple ANSWER doltishly future

3

It's NOT the identical AS SELLING within the US

4

BUILD RELATIONSHIPS NOT MERCENARIES

5

DON'T IGNORE THE LANGUAGE

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CULTURE, CULTURE, CULTURE

7

DON'T IGNORE THE POLITICAL SITUATION

9

DISTANCE MAKES EVERYTHING harder

10

DON'T HIRE IF you would like to fireplace

FIND SOMEONE WHO HAS DONE IT BEFORE There is nothing worse than learning through trial and error. Especially, once you are talking about international markets where you most likely know little about the culture, customs and language. Find someone to illustrate the roadblocks and also the opportunities. Someone who can make introductions has resources and a network to help you.

It's NOT the identical AS SELLING within the US Not so fast: approaching new markets with the identical best practices that cause you to succeed in your home market might work but possibly not, and you risk a negative perception of your brand at launch.

This doesn't mean you are doing all the work. After all, that's why you have got partners.

BUILD RELATIONSHIPS NOT MERCENARIES "Sell! Sell! Sell!" There are plenty of reasons to expand into another market, and after all, increasing revenue is sometimes at the highest of the list.

DON'T HIRE IF you would like to fireplace Local laws and regulations differ, but often are far more stringent than employment laws within the U.S. especially when it involves letting someone go, whether thanks to business reasons or for a cause.

Thank You