7 pillars of international marketing - International Trade Expo #IFB2014 11 June 2014

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Making an export deal likely International Trade Expo – Wednesday 11th June 2014 7 pillars of effective international marketing [email protected] www.bdb.co.uk @renepower

description

Our presentation given at the International Trade Expo on 10-11 June 2014. Rene spoke about the challenges and opportunities presented by opening up your business to new markets. He offered seven key areas of focus to ensure the best chance of success.

Transcript of 7 pillars of international marketing - International Trade Expo #IFB2014 11 June 2014

Page 1: 7 pillars of international marketing - International Trade Expo #IFB2014 11 June 2014

Making an export deal likely

International Trade Expo – Wednesday 11th June 2014

7 pillars of effective international marketing

[email protected] www.bdb.co.uk @renepower

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Why BDB?

René Power business development

and digital director

[email protected] www.bdb.co.uk @renepower

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Routes to business growth

Existing products New products

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Scale of the opportunity

Source: http://www.theguardian.com/news/datablog/2010/feb/24/uk-trade-exports-imports

[email protected] www.bdb.co.uk @renepower

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Making export deals more likely

KnowledgeInsight

Audience

Watering holes Contacts

Communication Promotion

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7 steps to creating more export deals

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Throughout...think watering holes

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Step one: Knowledge to make intelligent solutions

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Market research Building a comprehensive picture to limit risk and

ensure success– Primary/secondary research

Know your audience Competitive landscape Market and consumer demand Trading conditions Regulations / legislation Cultural considerations

– Online surveys– Telephone research– Desk research– Euromonitor / Mintel reports etc– Research trips– UKTI OMIS reports

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BDB tip: Tap into publisher databases to create insight (+ your own ‘opted in’ data set)

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Step two: Achieving standout in competitive markets

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Branding and advertising

Market research informs brand strategy– Sub brand required? New brand?– Product bands? Adaptations

required?– Meaning of words, colours –

check

Advertising = creating awareness– One clear, simple message

(market research)– Tailor for each region– Check colours, wording, concept

translates

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BDB tip: A/B split test everything & ask for feedback regularly to track and anticipate market changes

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Step three: Creating an expert profile

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PR & content – raise profile

Awareness + demand Credibility Broadcast

– Generate news Opening of office / distribution agreement Launch of new products / services Appointments Investments Research results

Educate– Train local, native/fluent media

spokespeople– Hold press event/s– Generate informative content

Understand differences between US and international trade press

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Mapping content to needs

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BDB tip: Define who reads /values what & what you want your content to achieve – educate, entertain, persuade, convert

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Step four: Generate and handle enquiries

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Lead generation

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Lead generation Email newsletter text advertisement Whitepaper download 530+ leads Targeted follow-up

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BDB tip: Create a system to create meaningful and frequent touch points & capture data

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Step five: Facilitate helpful sales support

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Effective sales tools

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BDB tip: Review (and understand) each step of your sales process and create relevant tools to assist at each stage

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Step six: Swim in the right waters

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Face to face – trade shows

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Trade show checklist

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BDB tip: It’s all in the planning – put a multi-functional team together to plan every aspect of your event. Think before, during & after!

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Step seven: Create a digital footprint

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Digital strategy

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Digital marketing Big area. But get the basics right! View your website as door to

your company– Regional pages & contact details– Regional micro site– Full site translation– Multilingual SEO– Mobile friendly– Campaign landing pages– Content marketing / social media

strategy later

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Digital marketing examples

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BDB tip: Do your homework & purchase regional URLs for key countries you may move into in the future

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Next steps

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What next?Download our free guide:

Visit www.bdb.co.uk

Thank you for listening

[email protected] www.bdb.co.uk @renepower