Brief Summary
This course is all about helping you successfully expand your business into international markets. It gives you the tools to set clear goals, strategize effectively, and avoid common mistakes while navigating the complexities of global business.
Key Points
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Understand the global marketplace and its opportunities.
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Importance of clear goals and in-depth strategies for international success.
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Recognize the need for a cohesive go-to-market strategy for each country.
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Avoid the common pitfalls in international expansion.
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Use SWOT analysis to assess market opportunities.
Learning Outcomes
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Identify and evaluate potential international markets.
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Develop a tailored market entry strategy for different countries.
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Conduct a SWOT analysis for better decision-making.
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Forecast the impact of global expansion on your business.
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Gain insights into avoiding costly mistakes in foreign markets.
About This Course
An Action Plan to Profitably Expand Your Business Through International Sales and Partnerships
How can your company benefit from the global marketplace?
International markets present huge opportunities...but only to those companies with clear goals, in-depth strategies and visibility to measure performance. I'm sure you've heard people say things like, "There are 1.2 billion people in China and if I can only capture 1% of that market, my revenue and profitability will skyrocket." or "With Brazil's current growth rate, how can we not succeed by offering our product for sale in that market?"
When companies struggle, it is often because they:
Enter markets without properly understanding the intricacies of their target markets
Lack a cohesive go to market strategy for each particular country
Are inflexible in their positioning or product features
Don't understand the total costs of doing business in their target markets
Refuse to invest the proper resources needed for success
While there are many large population centers throughout the world, how can that translate into a successful business? Not all markets are created equal, and when you take into account disposable income, unique regulations, competition, distribution channels and operating costs, you may be surprised at which countries you should be targeting.
This course will help you make intelligent decisions as you expand your business internationally. It provides a blueprint for researching markets, setting clear and realistic goals, evaluating various market entry options, modeling your international business and growing your global business long term.
As an executive and entrepreneur whose companies have consistently generated more than 50% of revenue and profitability outside of the United States, I have successfully setup sales offices, distributorships, licensing partnerships, R&D centers, joint ventures and mergers with overseas companies in Asia, Europe and Latin America. My course captures my years of learning into a concise, detailed plan to help you succeed in your international expansion. As part of this course, I also discuss many of the pitfalls to avoid when expanding internationally, because mistakes in foreign markets can be quite costly.
Since every company has its own unique circumstances, I make myself available via e-mail and phone to assist you in planning your global expansion. If global expansion is done right, your ROI can be incredible!
After completing this course, you will be ready to profitably expand your business internationally!
Analyze which markets to enter, best ways to enter these markets, forecast the impact of global expansion and keep your business growing.
Assess opportunities with SWOT analysis.
Olorunwumi T. J.
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