SlideShare a Scribd company logo
1 of 10
New Federal and State Export Finance Resources Forum
                 Baronette Renaissance Hotel
                       Novi, Michigan

                      November 18, 2011

              Five Common Export Myths
                         Noel Nevshehir
          Director of International Business Services
                        Automation Alley
                         Troy, Michigan


                                                        1
Export Myths
Myth One: My company is to small to export. Only large firms with name
recognition, abundant resources, and formal export departments can
export successfully
Fact: While its true that large firms typically account for far more total
exports, the vast majority of exporting firms are SMEs

Myth Two: I cannot afford to export. I don't have the money for hiring new
employees, for marketing abroad, or expanding production for new
business
Fact: There are various low-cost ways to market and promote
abroad, handle new export orders, and finance receivables. In many
cases, it does not require hiring new staff or setting up a trade
department. At little or no cost for example, you can receive product and
country market research, worldwide market exposure, trade leads, and
find overseas distributors through various public- and private-sector
resources
                                                                         2
Export Myths
Myth Three: I cannot compete with large overseas
companies because my products are unknown and my
prices are too high for foreign markets.
Fact: If the product is known in the domestic market then it’s a
plus point but even an unknown product can be exported in a
foreign market. Low demand of a product doesn’t indicates that it
will be also not accepted in the international market. Price is also
an important, but it is not the only selling point. Other competitive
factors play a large role including quality, service, and consumer
taste

Myth Four: Exporting is too risky and I may not get paid
Fact: Selling anywhere has risks even in the domestic market.
However payment risks can be managed, mitigated and even
guaranteed with financial tools such as letters of credit

                                                                        3
Export Myths
Myth 5: Exporting is too complicated and I won’t understand the
legal code and regulatory requirements
Fact: You don't need to be an expert to export for the first time. There
are abundant of resources available that help first time exporters
about the ins and outs of expanding your market overseas




                                                                       4
Upcoming Automation Alley
                   Export Conferences and Events
Brazil: Latin America’s Engine of Economic Growth        February 2, 2012
Cybersecurity: Assessing Your Global Risks and Threats   February 17, 2012
Driving Efficiencies Into Your Global Supply Chain       March 8, 2012
Creating Globally-Focused Strategies & Business Plans    April 19-26, 2012
Israel and Turkey: Strategic Cross Roads to the World    June 21, 2012




                                                                      5
Automation Alley Trade Missions

United Arab Emirates (virtual trade mission)        January 26, 2012
Association of the United States Army (AUSA)
Winter Symposium and Exposition (Florida)           February 22-24, 2012
HANNOVER MESSE 2012 (Germany)                       April 23-27 2012
Brazil (Rio de Janeiro and Sao Paulo)               May 20-26, 2012
India (virtual trade mission)                       June 27, 2012
Canada (Montreal, Toronto, and/or Vancouver)        September 16-20, 2012
Israel and Turkey (Haifa, Tel Aviv, and Istanbul)   November 2-9, 2012




                                                                            6
Trade Mission Successes

    •Automation Alley missions have generated $166 million in exports for
    company participants while creating 917 direct and indirect jobs
    •2008 Recipient of the Presidential “E” Award for Excellence in Exporting
    • “Since Automation Alley is best in class for international trade, we will
    engage them to maximize the potential to other regions.” –Governor Rick
    Snyder (2011 State of the State Address)




“



                                                                              7
Testimonials
“We have secured more than $7m in new business and created 27 local jobs as a result
of participating on Automation Alley trade missions to China, Central Europe, and India.
The extreme professionalism and conscientiousness of the Alley staff along with their
ability to arrange meetings with the right companies were instrumental to our success.”
Daniel Kocks, CEO, Enterprise Automotive Systems-Warren, Michigan

Clean Emission Fluids’ participation in Automation Alley’s trade mission to Brazil
exceeded all expectations, specifically: caliber of individuals at trade meetings, planning
and foresight, utilization of time, level of support and advance assistance, during and
after the trade mission. Business objectives are on solid footing to yield long term value.”
Oliver Baer, CEO, Clean Emission Fluids-Grosse Pointe, Michigan

“The business opportunities that Automation Alley arranged for us in Israel were
exceptional. We fully expect to build strategic relationships there as a result.”--Greg
Guidice, CEO, RazorThreat Inc.-Pontiac, Michigan


                                                                                           8
International Business Center
Building Expansion
• Newly-constructed, state-of-the-art facility
• 3,200 square feet of meeting and office
  space

Member Resources
• Executive Board Room
   o Includes wireless Internet connectivity, projection screen,
     conference call capability, and interactive whiteboard technology
• Video-Conference Room for virtual trade missions
   o Connect with up to 3 remote locations simultaneously
• Collaboration Room
   o 2 HD television screens for project display
   o Laptop connectivity and seating for 8 people

                                                                         9
We’re on a mission to grow your business
                   Thank you

                     Noel Nevshehir
      Director of International Business Services
                    Automation Alley
                     Troy, Michigan
                    T: 248-457-3288
          E: nevshehirn@automationally.com
             W: www.automationalley.com



                                                    10

More Related Content

More from Michigan Economic Development Corporation

More from Michigan Economic Development Corporation (20)

10 Facts About Michigan Infographic
10 Facts About Michigan Infographic10 Facts About Michigan Infographic
10 Facts About Michigan Infographic
 
Infographic: Michigan's Travel Industry by the Numbers
Infographic: Michigan's Travel Industry by the NumbersInfographic: Michigan's Travel Industry by the Numbers
Infographic: Michigan's Travel Industry by the Numbers
 
Venture Capital in Michigan: A Growing Opportunity
Venture Capital in Michigan: A Growing OpportunityVenture Capital in Michigan: A Growing Opportunity
Venture Capital in Michigan: A Growing Opportunity
 
Driving Michigan’s Automotive Industry Forward - Steve Hilfinger
Driving Michigan’s Automotive Industry Forward - Steve HilfingerDriving Michigan’s Automotive Industry Forward - Steve Hilfinger
Driving Michigan’s Automotive Industry Forward - Steve Hilfinger
 
Infographic: 12 Days of Michigan
Infographic: 12 Days of MichiganInfographic: 12 Days of Michigan
Infographic: 12 Days of Michigan
 
2013 Pure Michigan Governor's Conference on Tourism
2013 Pure Michigan Governor's Conference on Tourism2013 Pure Michigan Governor's Conference on Tourism
2013 Pure Michigan Governor's Conference on Tourism
 
Getting Social With Pure Michigan Partnerships and Opportunities
Getting Social With Pure Michigan Partnerships and OpportunitiesGetting Social With Pure Michigan Partnerships and Opportunities
Getting Social With Pure Michigan Partnerships and Opportunities
 
Pure Michigan Entrepreneurial Bus Tour 2012 Presentation
Pure Michigan Entrepreneurial Bus Tour 2012 PresentationPure Michigan Entrepreneurial Bus Tour 2012 Presentation
Pure Michigan Entrepreneurial Bus Tour 2012 Presentation
 
American Marketing Association - Pure Michigan
American Marketing Association - Pure MichiganAmerican Marketing Association - Pure Michigan
American Marketing Association - Pure Michigan
 
Pure Michigan Entrepreneurial Bus Tour 2012 Schedule
Pure Michigan Entrepreneurial Bus Tour 2012 SchedulePure Michigan Entrepreneurial Bus Tour 2012 Schedule
Pure Michigan Entrepreneurial Bus Tour 2012 Schedule
 
Pure Michigan Governor's Conference on Tourism 2012
Pure Michigan Governor's Conference on Tourism 2012Pure Michigan Governor's Conference on Tourism 2012
Pure Michigan Governor's Conference on Tourism 2012
 
We're Writing a New Story. And it's Pure Michigan.
We're Writing a New Story. And it's Pure Michigan.We're Writing a New Story. And it's Pure Michigan.
We're Writing a New Story. And it's Pure Michigan.
 
Inspiring Tourism Through Social Media
Inspiring Tourism Through Social MediaInspiring Tourism Through Social Media
Inspiring Tourism Through Social Media
 
01 Title Slide
01 Title Slide01 Title Slide
01 Title Slide
 
02 Keynote E im chairman fred hochberg
02 Keynote E im chairman fred hochberg02 Keynote E im chairman fred hochberg
02 Keynote E im chairman fred hochberg
 
03 New Federal State Resources Paul Brown MEDC
03 New Federal State Resources Paul Brown MEDC03 New Federal State Resources Paul Brown MEDC
03 New Federal State Resources Paul Brown MEDC
 
04 New Federal state resources richard corson useac
04 New Federal state resources richard corson useac04 New Federal state resources richard corson useac
04 New Federal state resources richard corson useac
 
05 Alan Andrews pnc bank
05 Alan Andrews pnc bank05 Alan Andrews pnc bank
05 Alan Andrews pnc bank
 
06 Martha Gabrielse jp morgan chase
06 Martha Gabrielse jp morgan chase06 Martha Gabrielse jp morgan chase
06 Martha Gabrielse jp morgan chase
 
07 Private Export finance solutions all
07 Private Export finance solutions   all07 Private Export finance solutions   all
07 Private Export finance solutions all
 

Recently uploaded

Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
seri bangash
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
CaitlinCummins3
 
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFRATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
CaitlinCummins3
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
CaitlinCummins3
 
Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.
Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.
Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.
daisycvs
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
brennadilys816
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Pusat Herbal Resmi BPOM
 
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
jual Obat Aborsi Bandung, Wa : 085180626899 Apotik jual Obat Cytotec Di Bandung
 
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 

Recently uploaded (20)

Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
 
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdfDaftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
Daftar Rumpun, Pohon, dan Cabang Ilmu (2024).pdf
 
hyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statementshyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statements
 
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdfبروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
بروفايل شركة ميار الخليج للاستشارات الهندسية.pdf
 
Presentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelledPresentation4 (2) survey responses clearly labelled
Presentation4 (2) survey responses clearly labelled
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFRATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
 
Global Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdfGlobal Internal Audit Standards 2024.pdf
Global Internal Audit Standards 2024.pdf
 
wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORI
 
Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.
Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.
Abortion pills in Muscut<Oman(+27737758557) Cytotec available.inn Kuwait City.
 
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
ابو ظبي اعلان | - سايتوتك في الامارات حبوب الاجهاض للبيع ف حبوب الإجهاض ... ا...
 
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg PfizerJual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
Jual Obat Aborsi Di Sibolga wa 0851/7541/5434 Cytotec Misoprostol 200mcg Pfizer
 
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
Apotik Jual Obat Aborsi asli Mataram, Wa : 085180626899 - Penjual obat Cytote...
 
The Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdfThe Truth About Dinesh Bafna's Situation.pdf
The Truth About Dinesh Bafna's Situation.pdf
 
Guide to Networking Essentials 8th Edition by Greg Tomsho solution manual.doc
Guide to Networking Essentials 8th Edition by Greg Tomsho solution manual.docGuide to Networking Essentials 8th Edition by Greg Tomsho solution manual.doc
Guide to Networking Essentials 8th Edition by Greg Tomsho solution manual.doc
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
 
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptxExploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
Exploring-Pipe-Flanges-Applications-Types-and-Benefits.pptx
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 

10 STEP Noel Nevshehir Automation Alley

  • 1. New Federal and State Export Finance Resources Forum Baronette Renaissance Hotel Novi, Michigan November 18, 2011 Five Common Export Myths Noel Nevshehir Director of International Business Services Automation Alley Troy, Michigan 1
  • 2. Export Myths Myth One: My company is to small to export. Only large firms with name recognition, abundant resources, and formal export departments can export successfully Fact: While its true that large firms typically account for far more total exports, the vast majority of exporting firms are SMEs Myth Two: I cannot afford to export. I don't have the money for hiring new employees, for marketing abroad, or expanding production for new business Fact: There are various low-cost ways to market and promote abroad, handle new export orders, and finance receivables. In many cases, it does not require hiring new staff or setting up a trade department. At little or no cost for example, you can receive product and country market research, worldwide market exposure, trade leads, and find overseas distributors through various public- and private-sector resources 2
  • 3. Export Myths Myth Three: I cannot compete with large overseas companies because my products are unknown and my prices are too high for foreign markets. Fact: If the product is known in the domestic market then it’s a plus point but even an unknown product can be exported in a foreign market. Low demand of a product doesn’t indicates that it will be also not accepted in the international market. Price is also an important, but it is not the only selling point. Other competitive factors play a large role including quality, service, and consumer taste Myth Four: Exporting is too risky and I may not get paid Fact: Selling anywhere has risks even in the domestic market. However payment risks can be managed, mitigated and even guaranteed with financial tools such as letters of credit 3
  • 4. Export Myths Myth 5: Exporting is too complicated and I won’t understand the legal code and regulatory requirements Fact: You don't need to be an expert to export for the first time. There are abundant of resources available that help first time exporters about the ins and outs of expanding your market overseas 4
  • 5. Upcoming Automation Alley Export Conferences and Events Brazil: Latin America’s Engine of Economic Growth February 2, 2012 Cybersecurity: Assessing Your Global Risks and Threats February 17, 2012 Driving Efficiencies Into Your Global Supply Chain March 8, 2012 Creating Globally-Focused Strategies & Business Plans April 19-26, 2012 Israel and Turkey: Strategic Cross Roads to the World June 21, 2012 5
  • 6. Automation Alley Trade Missions United Arab Emirates (virtual trade mission) January 26, 2012 Association of the United States Army (AUSA) Winter Symposium and Exposition (Florida) February 22-24, 2012 HANNOVER MESSE 2012 (Germany) April 23-27 2012 Brazil (Rio de Janeiro and Sao Paulo) May 20-26, 2012 India (virtual trade mission) June 27, 2012 Canada (Montreal, Toronto, and/or Vancouver) September 16-20, 2012 Israel and Turkey (Haifa, Tel Aviv, and Istanbul) November 2-9, 2012 6
  • 7. Trade Mission Successes •Automation Alley missions have generated $166 million in exports for company participants while creating 917 direct and indirect jobs •2008 Recipient of the Presidential “E” Award for Excellence in Exporting • “Since Automation Alley is best in class for international trade, we will engage them to maximize the potential to other regions.” –Governor Rick Snyder (2011 State of the State Address) “ 7
  • 8. Testimonials “We have secured more than $7m in new business and created 27 local jobs as a result of participating on Automation Alley trade missions to China, Central Europe, and India. The extreme professionalism and conscientiousness of the Alley staff along with their ability to arrange meetings with the right companies were instrumental to our success.” Daniel Kocks, CEO, Enterprise Automotive Systems-Warren, Michigan Clean Emission Fluids’ participation in Automation Alley’s trade mission to Brazil exceeded all expectations, specifically: caliber of individuals at trade meetings, planning and foresight, utilization of time, level of support and advance assistance, during and after the trade mission. Business objectives are on solid footing to yield long term value.” Oliver Baer, CEO, Clean Emission Fluids-Grosse Pointe, Michigan “The business opportunities that Automation Alley arranged for us in Israel were exceptional. We fully expect to build strategic relationships there as a result.”--Greg Guidice, CEO, RazorThreat Inc.-Pontiac, Michigan 8
  • 9. International Business Center Building Expansion • Newly-constructed, state-of-the-art facility • 3,200 square feet of meeting and office space Member Resources • Executive Board Room o Includes wireless Internet connectivity, projection screen, conference call capability, and interactive whiteboard technology • Video-Conference Room for virtual trade missions o Connect with up to 3 remote locations simultaneously • Collaboration Room o 2 HD television screens for project display o Laptop connectivity and seating for 8 people 9
  • 10. We’re on a mission to grow your business Thank you Noel Nevshehir Director of International Business Services Automation Alley Troy, Michigan T: 248-457-3288 E: nevshehirn@automationally.com W: www.automationalley.com 10

Editor's Notes

  1. NOTE: Change this first slide to include guest company and date. Change slide #2 to include the meeting agenda items (or delete slide #2). Slide #21 is an all-purpose value proposition. Change if needed.