How To Expand Your Brand Abroad? How To Posıtıon Your Brand ın Foreıgn Markets?

Crossing borders is an evolution that a brand will eventually want to accomplish, maybe even have to do. Even as it takes the initial move to expand abroad, it recognizes that it will not be able to play ball as it does at home. Numerous factors must be considered during brand positioning, including cultural variations, trading styles, competitive environments, and current market situations.

Brand positioning briefly defines the target group brand X caters to, how it caters to them, and how it distinguishes itself from competitors. So, what strategy should we follow while positioning our brand in foreign markets?

  • Assess your current situation and identify opportunities and risks. You can track what and how major brands are doing to reach out to more customers. Determine who your competitors are and how they position their brands. Compare your position to that of your competitors to determine your uniqueness, benefits, and drawbacks.
  • Conduct thorough research on the best foreign markets to target. Learn about trade terms, tax policy, and legal procedures. Check to see if there are any potential legal issues for you.
  • Thoroughly examine people’s consumption habits and preferences. It is more advantageous to select a nearby foreign market that is open to the type of product you offer in the first place, has a large customer base with sufficient purchasing power, and few competing brands. 
  • Emphasize the product’s or service’s strengths. If necessary, adapt to new circumstances. Understand the elements that will put you ahead of the competition, be consistent with the core brand values, and be closely related to the target audience.
  • Align your products and services with the values of the local community. Packaging, delivery, marketing activities, and advertising language should all be tailored to your target market. Make minor changes, for example, if the name of your brand or product means something offensive, inappropriate, or irrelevant in the target culture.
  • Build local alliances. Collaborate with manufacturers in the target market.
  • Put in place strict controls to ensure that your brand is not abused and that your quality control standards are met.

Selling goods in other countries

You’ll need country-specific e-export sites or global marketplace platforms like Amazon, eBay, AliExpress, and ETSY to sell products in other countries. At this point, you should consider which marketplace is best suited to the product/service you want to sell as well as your working style.

Because of their popularity and ability to attract a large number of customers, international marketplaces are ideal. It is possible to reach a large number of customers, and you do not need to spend a lot of money on advertising or marketing. However, the competition is just as fierce, and the commission rates you offer per sale have an impact on your profit. As a result, many brands prefer to launch their own e-export site.

Micro export is another popular option since it is low-cost, needs fewer taxes, and simplifies sales processes. However, the weight of your products must not exceed 300 kilograms, and the cost must not exceed 15 thousand euros, to be covered under this policy. For these transactions, an electronic commerce customs declaration is necessary.

This leads us to the question of the paperwork required to sell goods internationally. The following are the documents that come to mind first: Documents describing product characteristics and quality standards, customs declarations, supply declarations, certificates (food safety, producer country, plant and animal health, radioactive safety, and so on), production analysis, inspection and expertise documents, insurance documents, and invoices (official, proforma, commercial).

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