Determining Your Company’s Export Readiness

‘Product exportability’ refers to the quality of your product vis à vis competitive foreign products, its price competitiveness, the ease with which it can be assembled and operated, whether or not it requires after sales service, and the extent to which it complies with foreign market requirements.
read more
Negotiating sales in a foreign market is often very different from negotiating sales in your domestic market as you could encounter different languages, cultures, legal systems and business practices. In many African and Mediterranean countries, for example, it is the norm for parties to get to know each other before any serious business discussions commence.
read more
Foreign trade encapsulates many activities that are influenced or carried out by a variety of global organisations, government policy makers, statutory bodies and service providers
read more
For many businesses succeeding in local markets, getting involved in foreign trade becomes the logical next step for growth. This process, however, requires the optimisation of many aspects of your business and, of course, ensuring that your product(s) are ‘exportable’.
read more
Export readiness has two key requirements: the export capability of your company and the commitment of management to the export initiative. Now let’s delve into this further unpacking the term ‘export capability’ into product and company preparedness for selling into international markets.
read more
Company A’s products are all perishable produce, which are perfectly suited to their country’s climate. Other countries, however, may have totally different climatic conditions and experience different seasons to Company A.
read more
As each foreign trade market has its own unique requirements, the total financial outlay estimated for international marketing campaigns in the countries selected soon exceeds the total amount budgeted for such activities.
read more
By adhering to international quality specifications, your products will be acceptable to both buyers and regulatory authorities in most countries.
read more
Through blood sweat and tears, you have built a sustainable business and have begun looking to the international market for business expansion and export assistance, but are you export ready?
read more
When creating relationships with your foreign buyer, a language barrier may come between you, especially if the common language is a second or third language! Not being acquainted with the different cultures of your chosen foreign market may influence your ability to do business.
read more