“Raising the Bar” on Exporting

Description

Mind Map on “Raising the Bar” on Exporting, created by PAULA ANDREA MOLINA BLANCO on 21/11/2018.
PAULA ANDREA MOLINA BLANCO
Mind Map by PAULA ANDREA MOLINA BLANCO, updated more than 1 year ago
PAULA ANDREA MOLINA BLANCO
Created by PAULA ANDREA MOLINA BLANCO over 5 years ago
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Resource summary

“Raising the Bar” on Exporting
  1. How?
    1. answering some questions that will help identify your company's capacities, resources and actions to take
      1. Is your company ?
        1. a new exporter looking to develop international business?
          1. Do your company have a successful product in the local market?
            1. success in a national market is a good indicator to start imports
              1. After
                1. an export business plan
                  1. export opportunities, markets or options for market entry for example.
                    1. sufficient production capacity,
                      1. More space and equipment might be required to manufacture for the specific countries
                        1. the financial resources
                          1. Intellectual Property Protection
                            1. modify ingredients and product for foreign import regulations, cultural preferences
                              1. appropriate knowledge in shipping
                                1. international freight forwarders
                                  1. Be aware of packing, labeling, documentation and insurance requirements.
                                    1. Incoterms
                                      1. export regulations
                                        1. import rules and regulations of foreign countries
                                        2. knowledge of export payment methods
                                          1. -Consignment , open account, documentary collection, Letters of credit, cash-in-advance
                                            1. export license
                                              1. This is especially important if your company sells military or military/civilian dual use products or services
                      2. an occasional exporter with an eye on expanding into more markets?
                        1. developing export markets
                          1. essential part of any export plan
                            1. willing and able to dedicate staff, time and resources to the process
                              1. sufficient production capacity,
                                1. financial resources
                                  1. funds for activities such as international travel, market research, and business training
                                    1. Government export financing programs can help
                                    2. intellectual protection in your country and abroad
                                      1. copyrights, patents and trademarks
                                        1. participate in a trade show or trade mission
                                          1. meeting prospective foreign buyer
                                            1. export resources
                                              1. financing
                                                1. grants
                                                  1. business
                                                    1. these are government services
                                                      1. global network of trade professionals
                                                        1. Ability to modify ingredients and product for foreign import regulations, cultural preferences
                                                          1. appropriate knowledge in shipping
                                                            1. international freight forwarders
                                                              1. Incoterms
                                                                1. import rules and regulations of foreign countries
                                                                  1. knowledge of export payment methods
                                                                    1. knowledge of export payment methods
                                                                      1. participate in a trade show or trade mission as a first step to exploring the demand abroad
                                                                        1. Identify Sales Channels, Take Advantage of Customized Services, etc
                                                  2. defined goals and strategies
                                                    1. pursue free trade agreement countries
                                                      1. his way you enter to several markets easily without losing opportunities
                                                2. a proactive, experienced exporter interested in pursuing more challenging, high-growth markets?
                                                  1. typically have a good understanding of export mechanics
                                                    1. But larger, challenging markets or smaller markets with high-growth potential often requires extra diligence
                                                      1. First of all is very important to know the government's export resources to help resolve and assist with trade issues
                                                        1. help with
                                                          1. anti-dumping or safegard if the company have any investigation by a foreign government
                                                            1. Report a Trade Barrier
                                                              1. Advocacy Center
                                                                1. Commercial Diplomacy
                                                                2. The Government have market intelligence resources
                                                                  1. can help you target high-growth markets and navigate challenging entry requirements
                                                                    1. Country Commercial Guides
                                                                      1. 8 factors to help you decide if a market is right for your product or service:
                                                                        1. to name some of them
                                                                          1. Political and Economic Environment, Trade Regulations, Customs and Standards, Investment Climate Statement, etc.
                                                                      2. knowledge and understanding of export controls and trade compliance
                                                                        1. export license
                                                                          1. Government's Commercial Service resources to help you check backgrounds and qualify potential foreign partners
                                                                            1. Single Company Promotion , International Company Profile
                                                                              1. Pursue free trade agreement countries
                                                                                1. obtain marketing/media exposure abroad
                                                                                  1. include marketing your product and services at trade shows and exposition halls, holding seminars for large audiences, etc.
                                                                                    1. Commercial Service trade experts
                                                                                      1. embassies and consulates abroad
                                                                                        1. understand the local ways of doing business
                                                                                          1. can help assist in resolving trade problems
                                                                                          2. Ability to modify ingredients and product for foreign import regulations, cultural preferences
                                                                                            1. intellectual protection in your country and abroad
                                                                                              1. copyrights, patents and trademarks
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