Monday 26 May 2008

International Online Success - Study Traditional Paths To International Business Development

International Online Success - Study Traditional Paths To International Business Development
In the past when businesses wanted to expand internationally, there were only 7 ways to take action:

  • Sell Directly To Your Foreign Clients From Your Home Offices
  • Hire A Sales Agent To Sell To Foreign Markets
  • Find A Foreign Distributor
  • Open A Local Office To Represent Your Business
  • Develop A Franchise Overseas
  • Enter Into A Joint-Venture
  • Create An Overseas Subsidiary

Each of these options has its own advantages and disadvantages

And today, of course, we have International Internet Marketing that opens a new doorway.

Many online businesses have international clients. Some online businesses actively market to international audiences, but most do not. Some online businesses are only slightly aware that they have international clients. It is easier to stay with one domestic website and kid yourself you are marketing globally because "the internet is global".

Even fewer international online businesses use a mixture of both online and offline marketing channels. And yet this is obviously the right thing to do. A good mixture of multi-channel marketing gets more international sales. Good multi-channel marketing requires serious foreign market research for best results. And it often requires a budget few small businesses want to get into.

Online businesses actively marketing to their international audiences need to stop, and take a few steps away from their online business, to look at the other paths to successful international expansion.

There are a few traditional business development strategies that might be interesting to look into. Hiring a sales agent in your target foreign market, who gets paid on commission, is an option most online businesses could look into.

Online businesses can tumble into international sales without any preparation. This is a wonderful opportunity to look closer at all of the options for international expansion.

Get a free special report that gives you the 8 Steps To Develop Your International Business easily from where your business is now. This valuable report is yours when you sign up for the Get International Clients free weekly newsletter, with easy to implement tips and case studies to help you develop your international mindset and get you more international clients today. Get yours now at http://cindyking.biz/get-international-clients/

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