A survey by Wells Fargo found that 87 percent of U. Which country do you think is the best for you to expand into? International Marketing Considerations Marketing directly to international markets vs. International expansion can also help companies acquire access to new technologies and industry ecosystems, which may significantly improve their operations.
Suppliers follow their Customers Internationally, 5. For example, many governments around the world offer incentives for companies looking to invest in their region. Be sure to pick one that offers opportunity.
The race to expand internationally is often about gaining a presence in foreign markets.
It's all just because of this added prestige. Not only do you miss the revenue source, but you lose out on other valuable assets that you could use to promote your company at home and abroad.
Economic growth rates in Europe, USA and Japan are very low compared to the large and new emerging markets. There's a reason why Apple outsources the bulk of its iPhone production to Asia.