Expand your exportation with the help of Search Engines
If your business is ready to expand its products to the outer reaches of the globe, it might be time to research your potential expansion. Nowadays you can use search engines to investigate your options and see what’s popular using online marketing tools. If your search marketing tools haven’t come in handy yet, just wait and see because now is your chance to use them.
Find out which Services and Products will succeed in the Global Market
Do some research before you begin wasting money sending out shipments of your products. You need to figure out who wants your products?
Come up with a list of key words that are relevant to your products and services. Test them out in search and see how many results appear. Now you have to be careful with this if you are writing in English and you want to market your products in China or Italy or Israel. You won’t be helped if you translate your keywords, especially with an online translator. You will not get the correct results and the whole process will have been useless.
A keyword that is translated from English is never going to give you the right amount of results on a Search Engine and instead will most likely tell you that there isn’t a possible market where you’re looking. You could potentially lose an opportunity to expand your products to a new market if you trust results from translated keywords. The solution for this problem is using native-speaking professional search marketers who understand keywords and can use the right ones in their native language to conduct the necessary research.
The most beneficial part of this type of market research is that it’s incredibly fast. The not so great thing is that your competitors are probably doing the same thing at an incredibly fast speed as well.
Plan your Market Entrance
You must figure out how you’re going to distribute your products and services to the public. Will you go through agents, your own offices which you’ll have to set up, separate distributors, or simply online? Whether you decide to work exclusively online or with physical distributors or agents, your website will still be a great resource, but your market research will be different based on each method.
Make a list of Companies to test your products on
Just because every time you type your product into Search and there are more results in Australia instead of China, does not mean that there is actually more interest from Australia. It just means that China uses English less in their search. This means that there are plenty of markets out there they just use different key words.
If you use the keyword process correctly, then you can use it for coming up with possible countries that might be interested in your products, just as you did originally to choose which products to market globally. But your research isn’t done there.
You need to read a little bit about the country and learn about the prices for products in each country and if people will buy your product for an equal or greater price than you are already selling it for in your HQ country. You need to know if it’s worth opening your product up and if you’ll earn money in that country, as well as knowing how easy it is to take your money out of the country of interest.
Time to Experiment with a Test Market
After your initial research, it’s time to test out one of your potential markets. You don’t want to invest too much in case it doesn’t work out, so be careful with your initial investment.
Also it’s not necessary to completely rewrite your website for specific market but it helps to make it more user-friendly. A great way to test the waters is by using PPC (Pay-Per-Click). This is an efficient, cost-effective method to test out the market.
Branch out with SEM and Online PR
After you’ve finished testing the waters with Keywords and PPC, it’s time to step up the game. Use some more SEM methods to establish your business in the country of interested. Expand your PR online, localize your website for that country using a Native-speaker and see how well you succeed.
You’ve succeeded once, so do it again!
Go down the list of potential markets that you created and do the research for the next one and the one after that. Start with the keywords, check the results, use Native-Speakers, try PPC, increase your online PR, and the process continues.
