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How Localization Can
Double Your Revenues
The world’s
your oyster.
The world’s
your market.
Let’s face it:
You won’t get there in Year 1. You cannot build first-class
localization infrastructure overnight.*
* Rome wasn’t built in a day either
On the flip side:
You CAN still compete effectively with entrenched local
competitors, and global brands even without their major
local presence, or their budgets.
You can leapfrog many of them with the right approach
taken from the start — no extra baggage.
How?
• Take a staggered approach
• Invest smartly
• Avoid unnecessary mistakes
in the early stages
• Get the basics right, and
grow from there
Building a Business Case for
Localization1
Top Companies Grow Globally
Among S&P500 companies, an average of
46.6% of all sales are generated outside the
United States.
The largest sector is Information Technology,
with more than 56% of its declared sales
crossing international boundaries.
28 of Germany’s top 30 companies on the
German stock index (DAX) generate 75% of
their sales outside the country.
• The value of communicating in
your prospect’s local language
begins at the first encounter
and gets more pronounced
throughout the sales cycle.
• Conversions are more likely in
the prospect’s local language.
People don’t buy what they
don’t understand.
• Start by localizing pre-sale
information. Quality of after-
sale support will not close the
sale.
Can’t Read,
Won’t Buy
Case Study: Rocket Internet
• Rocket Internet has replicated the
strategies of successful
ecommerce businesses in start-ups
launched around the world, in
niches ranging from mobile
payment to food delivery.
• Goal is to make Rocket the biggest
internet group outside the US and
China. It operates in more than
100 countries using proprietary
technology.
“We are focused on markets
outside the US and China
because these are
underserved.”
Source: FT.com
Example: Indonesia
“Facebook, Twitter and Uber are all opening offices in Jakarta, but
only a handful of international companies have made sizeable
investments in the Indonesian tech sector. These include Japan’s
Rakuten and Sumitomo, and German ecommerce conglomerate Rocket
Internet.” (FT.com)
Money, Money, Money
2
How Do You Compare?
Understand Locale Specifics
3
Your Audience
Tips for a market-specific buyer profile:
• Research market demographics and your industry
• Identify your local competition and its strategies
• Learn local purchasing behavior
• Identify the tools and channels that your buyers are using to get
product information & support
• Conduct focus groups
in-country to understand
local preferences and
sentiments
• Create locale-specific
customer profiles
• Shape local brand and
positioning
Evaluate Languages & Markets and
Prioritize Content for Localization4
Key Considerations
• What is the number of languages that you target?
• Are they among the world’s top common languages or rare ones?
• How large is the project’s volume?
• Does your company’s industry involve such specialized terminology
that it calls for industry subject matter experts?
• Do you have tight time-to-market requirements that require
around-the-clock localization teams?
• Does the content call for regulatory review and approval?
• Focus on the major markets
• Hand-pick promising, ripe, high-growth markets where you can
build competitive advantage
• Keep full long-tail languages for later
• Attractive markets for entry
– Hard and soft data on potential markets
– Language preferences — must vs. customer delight, segmentation
Prioritize Your Geographies
Marketing and
demand
generation Sales tools and
collateral
Public
relations
Local social
media
Product
User Interface
User
Assistance
Website and
online
presence
Multilingual
SEO
Customer and
product
support
Training
Legal
Set Your International Brand &
Content Strategy Right5
Set your brand, style and
terminology carefully from
the start…
…because changing this later
is going to be like trying to
turn an oil tanker.
Your Content Choices
Translation
Transcreation
Copywriting
Where to Invest and How to
Build and Grow Your Team6
• Get executive buy-in
• Establish cross-functional
visibility & approach to
localization
• Be strategic
• Staff
• Educate
• Engage your in-country staff, if
they exist, in a managed way
• Work to establish a clear budget
(ideally centralized) and tracking
Take It Step by Step
Translation Technologies You Need
— and Don’t Need — Early On7
Tools & Technologies Are NOT the Solution
• Establish your core workflows first
• Start by using essential tools
• Add more advanced technology and automation over time
• Integrate with upstream processes
• Don’t reinvent the wheel
• Involve hands-on localization staff and use their experience
Sequence of Implementing Translation-
Related Technologies (Simplified)
Translation & localization tools
Translation Memory (TM)
Terminology Management System
Content Management System (CMS, WCMS)
Content Authoring System
Translation Management System (TMS) & Workflow automation
Content Optimization
Machine Translation
Community translation platform
Quality Assurance checking tools
Key Process Considerations
8
• Document and implement
core processes
– As company-wide business
processes
• Inventory your content. Look
for building a centralized
content repository
• Learn to analyze root causes
of issues
• Establish a way of collecting
and analyzing local market
feedback
Key Process
Considerations
• Localization workflow for
individual content types
• Terminology management
• Query management
• Style guide development
• Quality metrics
• Linguistic quality review,
including arbitration
Essential Processes
to Get Right
Set Metrics and Start Tracking
Actual Performance Early On9
You can’t measure
everything in the early
stages of your
localization program…
…but if you don’t start
measuring the right KPIs,
you can’t improve over
time.
• On-time deliveries
• Project extension requests
• Average turnaround time
Project Management
Metrics
• Trending volumes (recycling
effectivity)
• Average cost per word
• Localization budget and your
contribution to new language-
related revenue
Financial Metrics
Downstream
• Satisfaction & user experience
of your in-country users
Upstream
• Language quality passes/fails
• Review rejection rates &
arbitrations raised
• Terminology queries
Quality Metrics
• Bugs by category & product
language
• Bug turnaround time
• Reactivated bugs
• Technical accuracy of
deliveries
Engineering Metrics
• Net Promoter Score (NPS) with
your key internal customers
– Product development
– Marketing & demand generation
– Sales
– Local offices
– Support
– Executive sponsor
Internal Satisfaction
Final Recommendations
10
• Think long-term
• Get the essentials right
• Move from operational to
strategic
• Think upstream
• Think new markets
• Treat localization as the engine
of your growth
• Make yourself indispensable
How localization can double your revenues

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How localization can double your revenues

  • 4. Let’s face it: You won’t get there in Year 1. You cannot build first-class localization infrastructure overnight.* * Rome wasn’t built in a day either
  • 5. On the flip side: You CAN still compete effectively with entrenched local competitors, and global brands even without their major local presence, or their budgets. You can leapfrog many of them with the right approach taken from the start — no extra baggage.
  • 6. How? • Take a staggered approach • Invest smartly • Avoid unnecessary mistakes in the early stages • Get the basics right, and grow from there
  • 7. Building a Business Case for Localization1
  • 8. Top Companies Grow Globally Among S&P500 companies, an average of 46.6% of all sales are generated outside the United States. The largest sector is Information Technology, with more than 56% of its declared sales crossing international boundaries. 28 of Germany’s top 30 companies on the German stock index (DAX) generate 75% of their sales outside the country.
  • 9. • The value of communicating in your prospect’s local language begins at the first encounter and gets more pronounced throughout the sales cycle. • Conversions are more likely in the prospect’s local language. People don’t buy what they don’t understand. • Start by localizing pre-sale information. Quality of after- sale support will not close the sale. Can’t Read, Won’t Buy
  • 10. Case Study: Rocket Internet • Rocket Internet has replicated the strategies of successful ecommerce businesses in start-ups launched around the world, in niches ranging from mobile payment to food delivery. • Goal is to make Rocket the biggest internet group outside the US and China. It operates in more than 100 countries using proprietary technology. “We are focused on markets outside the US and China because these are underserved.” Source: FT.com
  • 11. Example: Indonesia “Facebook, Twitter and Uber are all opening offices in Jakarta, but only a handful of international companies have made sizeable investments in the Indonesian tech sector. These include Japan’s Rakuten and Sumitomo, and German ecommerce conglomerate Rocket Internet.” (FT.com)
  • 13. How Do You Compare?
  • 15. Your Audience Tips for a market-specific buyer profile: • Research market demographics and your industry • Identify your local competition and its strategies • Learn local purchasing behavior • Identify the tools and channels that your buyers are using to get product information & support
  • 16. • Conduct focus groups in-country to understand local preferences and sentiments • Create locale-specific customer profiles • Shape local brand and positioning
  • 17. Evaluate Languages & Markets and Prioritize Content for Localization4
  • 18. Key Considerations • What is the number of languages that you target? • Are they among the world’s top common languages or rare ones? • How large is the project’s volume? • Does your company’s industry involve such specialized terminology that it calls for industry subject matter experts? • Do you have tight time-to-market requirements that require around-the-clock localization teams? • Does the content call for regulatory review and approval?
  • 19. • Focus on the major markets • Hand-pick promising, ripe, high-growth markets where you can build competitive advantage • Keep full long-tail languages for later • Attractive markets for entry – Hard and soft data on potential markets – Language preferences — must vs. customer delight, segmentation Prioritize Your Geographies
  • 20. Marketing and demand generation Sales tools and collateral Public relations Local social media Product User Interface User Assistance Website and online presence Multilingual SEO Customer and product support Training Legal
  • 21. Set Your International Brand & Content Strategy Right5
  • 22. Set your brand, style and terminology carefully from the start… …because changing this later is going to be like trying to turn an oil tanker.
  • 24. Where to Invest and How to Build and Grow Your Team6
  • 25. • Get executive buy-in • Establish cross-functional visibility & approach to localization • Be strategic • Staff • Educate • Engage your in-country staff, if they exist, in a managed way • Work to establish a clear budget (ideally centralized) and tracking Take It Step by Step
  • 26. Translation Technologies You Need — and Don’t Need — Early On7
  • 27. Tools & Technologies Are NOT the Solution • Establish your core workflows first • Start by using essential tools • Add more advanced technology and automation over time • Integrate with upstream processes • Don’t reinvent the wheel • Involve hands-on localization staff and use their experience
  • 28. Sequence of Implementing Translation- Related Technologies (Simplified) Translation & localization tools Translation Memory (TM) Terminology Management System Content Management System (CMS, WCMS) Content Authoring System Translation Management System (TMS) & Workflow automation Content Optimization Machine Translation Community translation platform Quality Assurance checking tools
  • 30. • Document and implement core processes – As company-wide business processes • Inventory your content. Look for building a centralized content repository • Learn to analyze root causes of issues • Establish a way of collecting and analyzing local market feedback Key Process Considerations
  • 31. • Localization workflow for individual content types • Terminology management • Query management • Style guide development • Quality metrics • Linguistic quality review, including arbitration Essential Processes to Get Right
  • 32. Set Metrics and Start Tracking Actual Performance Early On9
  • 33. You can’t measure everything in the early stages of your localization program… …but if you don’t start measuring the right KPIs, you can’t improve over time.
  • 34. • On-time deliveries • Project extension requests • Average turnaround time Project Management Metrics
  • 35. • Trending volumes (recycling effectivity) • Average cost per word • Localization budget and your contribution to new language- related revenue Financial Metrics
  • 36. Downstream • Satisfaction & user experience of your in-country users Upstream • Language quality passes/fails • Review rejection rates & arbitrations raised • Terminology queries Quality Metrics
  • 37. • Bugs by category & product language • Bug turnaround time • Reactivated bugs • Technical accuracy of deliveries Engineering Metrics
  • 38. • Net Promoter Score (NPS) with your key internal customers – Product development – Marketing & demand generation – Sales – Local offices – Support – Executive sponsor Internal Satisfaction
  • 40. • Think long-term • Get the essentials right • Move from operational to strategic • Think upstream • Think new markets • Treat localization as the engine of your growth • Make yourself indispensable