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5 keys for internationalization


 Speaker:   Pablo O. Gómez
            Director OFTEX
            pgomez@oftex.es
1.- Are we prepared to export?
2.- Selection of foreign markets
3.- Selection distribution channels
4.- Five Risks
5.- Where to find information? Tools.
1.- Are we prepared to export? The Company.
  – Financial means, solid national market
  – Production Capacity.
  – Fulfillment of commitments.
  – Training of the personnel.
  – Involvement of the Directive Board.
1.- And our product/service/business model?
  Is it prepared to be exported?
  Is it competitive? (Did the sales volume / return increase
  within the last 3 years? Does it have added value? Does it have
  something special that makes it different?)
   - Can it be adapted to the Target Market? (product,
     price, distribution channel y promotion)
Adaption to make it simple to the customer!
 Logistics. INCOTERMS.
 Customs duties.
 Languages and Culture.
 Promotion.
 Payment terms.
 Personal contact.
 Samples.
 First orders.
2.- Selection of Target Markets by:
  -   Proximity in kms (transport costs).
  -   Cultural Proximity.
  -   Language.
  -   Size and Growth (Population and consum)
  -   Wealth per inhabitant (per capita GDP)
  -   Tariff barriers
  -   Non-tariff barriers
2.- Selection of Target Markets by (cont.):
  - Spanish Export Volume to the Target Country.
  - Export Volume to the Target Country from foreign
    competitors.
  - Risk quote of the country: Cesce, The Economist,
    Coface rating.
  - Number of Spanish banks in the country
  - Number of trade fairs for our sector.
  - Number of state-owned commercial offices and
    chambers of commerce.
3.- Selection of distribution channel.
  - Importer - Distributor
  - Final customers
  - Commercial Agents
  - Piggy-back
3.- Selection of distribution channel.
Profile of the Importer-distributor (partner):
       Experience in the sector. Age of company.
       Size of the company: Volume of turnover. Number of
        employees. Number of persons in the commercial staff (intern +
        extern).
       Covered Territory.
       Products that are distributed.
       Type of customer (wholesaler, retailers or final customers).
       Segmentation of customers.
       Margins to work with.
       Solvency.
3.- Selection of distribution channel.
Profile of Agents:
         Experience in the sector.
         Age.
         Sales Volume. Number of subagents.
         Number of products/brands that he/she represents (national or
          foreign). Names. Are they complementary to ours?
         Covered territory.
         Type of customers (wholesaler, retailers or final customers).
         Some names.
         Segmentation of customers.
         Commission basis he/she works with.
4.- Risks of exportation (CDTRI):
 Payment
 Currency
 Transport
 Civil Responsability
 Non-fulfillment of comitments
5.- Tools. Where to find information?

-Survival Kit for exporters.
5.- Tools. Where to find information?
aduanas.camaras.org         statistics ex-im Spain
www.icex.es                 Market Research
www.icex.es (all our services, foreign trade, addresses
of interest) Market Researchs, statistics, trade fairs,
public organisms, sectorial asociations, etc.
www.icex.es (red exterior) ofcomes
www.el-exportador.com (search) sectorials notes
www.camaras.org (plan cameral) commercial missions
www.export.gov (market research library)
5.-Tools. Where to find information (cont.)
www.kompass.com            data base of companies
www.hemscott.com           data base of companies RU
www.iucab.nl/nl            commercial agents
comerciales

www.camaras.org (internationalization, information for
internationalization)    online Guides

Futher: (converters, translators, maps, time zones,
temperature, logistics, Economy newsletters, etc.)
Thank you!
 Pablo O. Gómez
pgomez@oftex.es

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5 claves para internacionalizarse ing

  • 1. 5 keys for internationalization Speaker: Pablo O. Gómez Director OFTEX pgomez@oftex.es
  • 2. 1.- Are we prepared to export? 2.- Selection of foreign markets 3.- Selection distribution channels 4.- Five Risks 5.- Where to find information? Tools.
  • 3. 1.- Are we prepared to export? The Company. – Financial means, solid national market – Production Capacity. – Fulfillment of commitments. – Training of the personnel. – Involvement of the Directive Board.
  • 4. 1.- And our product/service/business model? Is it prepared to be exported? Is it competitive? (Did the sales volume / return increase within the last 3 years? Does it have added value? Does it have something special that makes it different?) - Can it be adapted to the Target Market? (product, price, distribution channel y promotion)
  • 5. Adaption to make it simple to the customer!  Logistics. INCOTERMS.  Customs duties.  Languages and Culture.  Promotion.  Payment terms.  Personal contact.  Samples.  First orders.
  • 6. 2.- Selection of Target Markets by: - Proximity in kms (transport costs). - Cultural Proximity. - Language. - Size and Growth (Population and consum) - Wealth per inhabitant (per capita GDP) - Tariff barriers - Non-tariff barriers
  • 7. 2.- Selection of Target Markets by (cont.): - Spanish Export Volume to the Target Country. - Export Volume to the Target Country from foreign competitors. - Risk quote of the country: Cesce, The Economist, Coface rating. - Number of Spanish banks in the country - Number of trade fairs for our sector. - Number of state-owned commercial offices and chambers of commerce.
  • 8.
  • 9. 3.- Selection of distribution channel. - Importer - Distributor - Final customers - Commercial Agents - Piggy-back
  • 10. 3.- Selection of distribution channel. Profile of the Importer-distributor (partner):  Experience in the sector. Age of company.  Size of the company: Volume of turnover. Number of employees. Number of persons in the commercial staff (intern + extern).  Covered Territory.  Products that are distributed.  Type of customer (wholesaler, retailers or final customers).  Segmentation of customers.  Margins to work with.  Solvency.
  • 11. 3.- Selection of distribution channel. Profile of Agents:  Experience in the sector.  Age.  Sales Volume. Number of subagents.  Number of products/brands that he/she represents (national or foreign). Names. Are they complementary to ours?  Covered territory.  Type of customers (wholesaler, retailers or final customers).  Some names.  Segmentation of customers.  Commission basis he/she works with.
  • 12. 4.- Risks of exportation (CDTRI):  Payment  Currency  Transport  Civil Responsability  Non-fulfillment of comitments
  • 13. 5.- Tools. Where to find information? -Survival Kit for exporters.
  • 14. 5.- Tools. Where to find information? aduanas.camaras.org statistics ex-im Spain www.icex.es Market Research www.icex.es (all our services, foreign trade, addresses of interest) Market Researchs, statistics, trade fairs, public organisms, sectorial asociations, etc. www.icex.es (red exterior) ofcomes www.el-exportador.com (search) sectorials notes www.camaras.org (plan cameral) commercial missions www.export.gov (market research library)
  • 15. 5.-Tools. Where to find information (cont.) www.kompass.com data base of companies www.hemscott.com data base of companies RU www.iucab.nl/nl commercial agents comerciales www.camaras.org (internationalization, information for internationalization) online Guides Futher: (converters, translators, maps, time zones, temperature, logistics, Economy newsletters, etc.)
  • 16. Thank you! Pablo O. Gómez pgomez@oftex.es