capacity building towards knowledge based economy project financed by austrian development...

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CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING GROWING INTERNATIONAL INTERNATIONAL SALES SALES David Banks, 2009 David Banks, 2009

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Page 1: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

GROWING GROWING INTERNATIONAL SALESINTERNATIONAL SALES

David Banks, 2009David Banks, 2009

Page 2: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

GROWING INTERNATIONAL SALESGROWING INTERNATIONAL SALES

SESSION 2 SESSION 2 Thursday 19Thursday 19thth November 2009 November 2009

11:00 - 12:30h11:00 - 12:30h

Page 3: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Global Support – IM overseas

Starting Exports

Growing Exports

State Aids

Other Requirements

Company Profile Template

GROWING INTERNATIONAL SALESGROWING INTERNATIONAL SALES

Page 4: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

GLOBAL SUPPORT

Page 5: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Validating opportunities through market research

Competitor profiling, identification of target customers and distribution channels

Advice on market entry strategies

Provision of customised itineraries

Securing first sale reference sites

Market visit assessment, buyer feedback and visit follow-ups

STARTING TO EXPORTSTARTING TO EXPORT

Page 6: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Market and competitor intelligence

Identification of new opportunities, customers and strategic partners

Introductions to key industry and sectoral decision makers

Support for building key customer relationship including access to hospitality events

Securing first sale reference sites

Advice on acquisition and partnering strategies

GROWING EXPORTSGROWING EXPORTS

Page 7: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Overseas Promotions (MoE, Donors)

Voucher Scheme (APPRM)

Accreditation

Global Support (IM)

STATE AIDSSTATE AIDS

Page 8: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Commodity Fertilizer 1996: 1 mtpa and 900 employees, 2000 1.5

mtpa and 600 employees New Exports to Western Europe Products: Adapt, add nutrients Price: slightly lower, <5% Promotion; Literature, regular visits both

ways Place: Use existing structures, W/S or retail

CASE STUDY: IFICASE STUDY: IFI

Page 9: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Adapt to market Do something special if possible to cement

link Regular visits both ways Product design, quality and packaging Avoid selling on price

LESSONSLESSONS

Page 10: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Specialty water treatment chemicals US/Irish Joint Venture 1991: started Ireland, 1993: entry to UK. Acquired local sales force Product: ideas flowed both ways Price: Market level or above Promotion: Sales and Technical Literature Quality, Distribution and service to legal requirement Produced in Ireland, Outsourced in UK, Produced in UK

CASE STUDY: RMICASE STUDY: RMI

Page 11: CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY Project financed by Austrian Development Cooperation GROWING INTERNATIONAL SALES David Banks, 2009

CAPACITY BUILDING TOWARDS KNOWLEDGE BASED ECONOMY

Project financed by Austrian Development Cooperation

Local Representation can be necessary Product ideas can flow both ways UK practice set US standards Focus on profitable products, drop losers

LESSONSLESSONS