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The road to a new export market ,[object Object],[object Object],[object Object],[object Object],[object Object]
in short ,[object Object],[object Object],[object Object],[object Object]
Partners ,[object Object],[object Object],[object Object],[object Object]
Clients
Sample: Client :   Belmast, SIA ,[object Object],[object Object],[object Object],[object Object],[object Object],Partner search Identified 20 potential partners in Norway. After communication with potential partners, five express interest to meet with Belmast to discuss potential cooperation possibilities. Result Organised two day trade mission in October 2009 to Norway to meet 5 companies with assistance of representative from GatewayBaltic . In march 2010 received firts order from Norwegian partner. Norway |  Metalworking Task: Identify and communicate with potential partners in Norwegian market to develop export for fabricated steel structures.
[object Object],our way Export Intelligence  Export Intelligence services  for companies interested to enter international markets  with partner screening, partner identification  and export management . Market Intelligence Market Intelligence solutions  for international companies and organizations interested  in up-to-date market information  and in need for hands-on contacts in the Baltic region.
Export  I ntelligence -  step by step to a new market penetration
Export  process professionally   wisely consistently Market research and selection Offer preparation Creation of export plan Market penetration: product promotion in the market Relation maintenance and communication Evaluation of exporting capacity Export strategy
Step No. 1 :  Export start – preparation before the jump
Evaluate yourself from several perspectives
Preparation for export Offer Is my  product suitable  for export? What must be configured  to make it suitable to the market? What is  my price offer ? What is  my capacity ? Cornerstones: - Sustainable quality - Competitive price -  Volume
Domestic and export product
Preparation for export Marketing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Preparation for export Sales resources and information about markets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Preparation for export Export strategy Do we have  clear export targets ? Have we planned  market penetration strategy ? Have we defiened the  strategic export markets ? Does the company possess  financial resources for entering the markets ?
Step No. 2 :  Startegic market choice
New market choice  –  intelligence decisions about the strategic market choice understand  compare decide
Stra tegic markets Poten tially interesting markets New market choice Aim: to i dentify those markets which will be strategic in future Which market to enter?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Which market to enter?
Market   attractivenes ,[object Object],[object Object],[object Object],Critical market information Pre- research: market choice  Market deep dive
What is market intelligence? ,[object Object],[object Object]
Market researches News monitoring Expert opinion Information database Unpublished information ,[object Object],[object Object],[object Object],Information sources
Enterprise environment Clients Markets Competition Suppliers Industry Technology Creates understanding about company’s existing market place and future scenarios
Step No.3:  Creation of export strategy and plan
Export strategy and export plan Export strategy export  take up and development strategy which  sets goals, defines offer and market penetration activities , as well as, plans  resources  needed to succeed.  Export plan activities to enter a specific market or several markets,  defining time span, activities, responsibilities and proposing a budget for plan execution. Export strategy gives a company the direction and route, while export plan defines the steps necessary to be made to arrive at destination. How much costs export market penetration? How much financial resources are we ready to invest?
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Step No. 4 :  E xport  partner attraction
Sales process organization Follow up activities
Potential partner definition  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Partner selection ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How to approach potential partners Telephone    Fax  E-mail  Post  Meeting 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Exporters to attain the highest benefit should directly  go to the target market  - attending exhibitions, taking part in trade missions, organizing meetings with potential customers!
Step No.5:  Communication with clients and relationship maintenance
Export business is based on the  personal relationship between buyer and seller Trust and reliability Long-term vision Positive cooperation Mutual benefit
At the moment when the first export contracts are signed and it seems that all the most difficult work has been done it is worth remembering a saying: „ It takes years to create a market, and few days to lose it. ”
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],=  competitive offer   x  promotion in the market and sales  x   situation in target market  x  l a ck
 
With pleasure we will discuss your export opportunities while having a cup of coffee! GatewayBaltic Elizabetes 51 , Riga, Latvia Tel:  +371 671  658 9 4 www.gatewaybaltic.com

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The road to a new export market || Lotus 5: International Business

  • 1.
  • 2.
  • 3.
  • 5.
  • 6.
  • 7. Export I ntelligence - step by step to a new market penetration
  • 8. Export process professionally wisely consistently Market research and selection Offer preparation Creation of export plan Market penetration: product promotion in the market Relation maintenance and communication Evaluation of exporting capacity Export strategy
  • 9. Step No. 1 : Export start – preparation before the jump
  • 10. Evaluate yourself from several perspectives
  • 11. Preparation for export Offer Is my product suitable for export? What must be configured to make it suitable to the market? What is my price offer ? What is my capacity ? Cornerstones: - Sustainable quality - Competitive price - Volume
  • 13.
  • 14.
  • 15. Preparation for export Export strategy Do we have clear export targets ? Have we planned market penetration strategy ? Have we defiened the strategic export markets ? Does the company possess financial resources for entering the markets ?
  • 16. Step No. 2 : Startegic market choice
  • 17. New market choice – intelligence decisions about the strategic market choice understand compare decide
  • 18. Stra tegic markets Poten tially interesting markets New market choice Aim: to i dentify those markets which will be strategic in future Which market to enter?
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. Enterprise environment Clients Markets Competition Suppliers Industry Technology Creates understanding about company’s existing market place and future scenarios
  • 24. Step No.3: Creation of export strategy and plan
  • 25. Export strategy and export plan Export strategy export take up and development strategy which sets goals, defines offer and market penetration activities , as well as, plans resources needed to succeed. Export plan activities to enter a specific market or several markets, defining time span, activities, responsibilities and proposing a budget for plan execution. Export strategy gives a company the direction and route, while export plan defines the steps necessary to be made to arrive at destination. How much costs export market penetration? How much financial resources are we ready to invest?
  • 26.
  • 27. Step No. 4 : E xport partner attraction
  • 28. Sales process organization Follow up activities
  • 29.
  • 30.
  • 31. How to approach potential partners Telephone  Fax  E-mail  Post  Meeting 
  • 32.
  • 33. Exporters to attain the highest benefit should directly go to the target market - attending exhibitions, taking part in trade missions, organizing meetings with potential customers!
  • 34. Step No.5: Communication with clients and relationship maintenance
  • 35. Export business is based on the personal relationship between buyer and seller Trust and reliability Long-term vision Positive cooperation Mutual benefit
  • 36. At the moment when the first export contracts are signed and it seems that all the most difficult work has been done it is worth remembering a saying: „ It takes years to create a market, and few days to lose it. ”
  • 37.
  • 38.
  • 39.  
  • 40. With pleasure we will discuss your export opportunities while having a cup of coffee! GatewayBaltic Elizabetes 51 , Riga, Latvia Tel: +371 671 658 9 4 www.gatewaybaltic.com

Notas del editor

  1. Zvanot uz uzņēmumu sekretārei vispirms ir īsi jāpastāsta sava interese un jāpajautā, lai savieno ar atbildīgo personu, lai lieki netērētu laiku stāstot garo runu vairākas reizes un ne īstajiem cilvēkiem. Ja savienojums nav iespējams, jāpajautā atbildīgās personas tiešais nr., lai zvanot atkārtoti netērētu laiku.