Testing International WatersFind out if your business is ready for the global marketplace.

ByKim T. Gordon

Opinions expressed by Entrepreneur contributors are their own.

Q:If I were looking to expand a company globally, what would be the best way to go about researching how and to whom I would want to market my company? Where can I obtain the data I need in order to know whether I should venture into the global market with my business?

A:最大的问题,你必须问自己是this: Where will you find prospects who need what you offer, can afford it and are willing to pay for it? Foreign markets may be the answer, but you can't know for sure until you do a fair amount of homework.

Your first step should be to contact the Trade Information Center (TIC) at the U.S. Department of Commerce, a comprehensive resource on all federal government export assistance programs. Call TIC's toll-free number, (800) USA-TRADE, to speak to an international trade specialist and get advice on how to locate and use government programs, sources of general market information, and basic export counseling. The TIC'sWeb sitehas FAQs concerning international trade and information on trade missions to overseas markets where you can meet with potential distributors and buyers. You can also request a package of information that includes a list of publications to guide you through export transactions, trade leads and information on export financing, and supply sources for market reports and country information.

For even more information on specific countries and regions, international conferences, trade shows, business events and laws, visitMichigan State University's Center for International Business Education and Research. On a recent visit, one click on "global" revealed links to an extensive array of the sites offering reports and analyses from such groups as American Express Small Business Services and the World Bank.

Most businesses adding international components to their marketing programs use two principal strategies. First, they establish a relationship with a business or individual in each of their targeted foreign markets, often with help from some of the resources mentioned above. Then they carefully craft a Web site to make their products and services available to their new customers. Once you've identified your target markets, you'll need to create a site that's accessible in the appropriate languages and meets the unique needs of your international customers.

Wavy Line
Kim Gordon is the owner of National Marketing Federation and is a multifaceted marketing expert, speaker, author and media spokesperson. Her latest book isMaximum Marketing, Minimum Dollars.

Editor's Pick

Related Topics

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business Solutions

Learn to Program an AI Chatbot for Your Business in This $30 Course

Get back-to-school savings on this AI coding course.

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

Data & Recovery

Get 1TB of Cloud Storage for Life for $119.97 With This Back-to-School Sale

This 1TB Cloud Storage Solution Is Only $119.97 for Back to School

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.