Are you ready for the challenges of exporting? Would you like to expand and promote your export business?International trade is a great way to boost local economies, increase employment and improve foreign exchange flows. That's why ITACO helps companies prepare for the challenges ahead. In this way, we have created a unique process for assessing readiness for export, so that business owners can identify areas that need to be reviewed, improved, invested in, trained, formalized and upgraded in their products, processes, procedures, policies and management in order to easily become a successful export company.
Advantages of the export readiness assessment
Clarification of the company's goals and motivations
Insight into the expectations and requirements of the target markets
Understanding the areas of improvement required for success
Step-by-step plan to achieve export readiness
Improving company performance in export markets
Improving corporate strategy
Increase export sales
First stage - export evaluation questionnaire
We use our specially designed tool to gather the right information about each company to assess its export readiness, which includes the following information
history of the company
Company goals and motivation
Processes, policies, and certifications
Review of products
Overview of production and delivery
Level of financial risk of the company
Risk tolerance and willingness to invest
Sales and export experience, team structure
Evaluation of marketing
Knowledge of the target market
Analysis of competitors
The second phase - meeting to evaluate the readiness for export
After studying the basic information, it is usually necessary to visit the company for one day to review the evaluation questionnaire directly with the management team.
This visit is designed to provide more detail on the topics covered and to gain a true understanding of the business, its drivers, the company's goals and ideals, its issues and challenges, and its opportunities and capabilities.
It also allows us to gather additional relevant information about the company that is not included in the questionnaire.
The third stage - export readiness report
Once the process is complete, our experts evaluate all the information gathered and prepare a detailed final report that provides an overview of where the company is now, where it needs to go, and what steps it needs to take in the meantime to get to closing.
This report includes our review and recommendations in each of the following areas:
Export Readiness Review
Certifications and company policies
Company goals and motivations
Products
Property, taxes, investments
Sales
Export
Marketing
Market research
Analysis of competitors
SWOT analysis for the development of target markets
Recommendations, proposed measures and time schedules
Optional step - submission of a proposal for an export strategy
Based on the export readiness assessment report, we can optionally add a second report that defines our proposed export strategy.
This report uses unique assessment techniques developed by ITACO to accurately define specific target markets. Techniques that provide the greatest value to the company. The report includes:
Strategy and overall approach
Target markets
Basic market research and trends
Market preferences based on size
Barriers to market entry
Definition of target markets - Our unique priority rating system
Strategy for the way to market
Plan for implementation
An overview of the marketing plan
Identifying key customers in your target markets
Summary
Recommendations for further action