Top Tips on Planning for International Growth

internationalgrowthAt our dinner with Paperless Post’s GM UK & Senior Director of International Expansion, Caroline Harding-Gelbard, provided her fellow diners with her recommendations on globally expanding a business:

  • Be prepared to ask the right questions
  • Try to find a way to let your customers lead the way – don’t just commit to an area just because it’s big, go where the demand is!
  • Translation is expensive – most consumers can navigate an eCommerce site. Do you really need to translate the website?
  • Find a way to drive some sales before you explore a market – start shipping there in their currency and see if there’s any response
  • Start the localisation process by trying to find an agent or country manager who speaks the same language as you
  • Seek good legal advice when organising your operational elements including legal, finance, hiring, website, shipping, returns etc
  • Look at ASOS – it’s a good example of international expansion
  • Maintain simplicity with flexibility to increase your chances of success

Recommended Reading: The Inside Story on How SurveyMonkey Cracked the International Market

To hear first-hand the great advice that speakers at TableCrowd offer their fellow diners, come join us for dinner.

New to TableCrowd? Here’s what dining with us is all about:

You May Also Like

The case for face to face: a guest post by Matthew Bradley, Investor at Forward Partners

Jargon buster! EIS, EMI, VCT, MVP, ROI and more – Part 1

Create a painkiller, not a vitamin

As well as your mobile phone, why not take a bottle of vodka up to bed?

Leave a Reply

Your email address will not be published. Required fields are marked *