Posts Tagged ‘Business Expansion’

Buying a Franchise? Some Advantages to Purchasing

Wednesday, September 9th, 2009

There are many advantages to Franchising. When you buy into a trusted name, take on its fame and programs, you can be sure to have a business that people will recognize quicker than a start-up mom and pop-type business. In fact, it’s one of the most common business expansion tools. Not only this, but entering into Franchising is like entering into a family: there are other people there who will help you with everything from day-to-day operations of your business to buying your business’s equipment at the lowest price possible.

One of the biggest advantages of Franchising is the draw of the brand name. People recognize brand names, and because of this, the name of a business is worth quite a bit. People come to trust names they see again and again because they associate this frequency with quality and consistency. Soon, people become loyal to certain brand names. Franchising helps develop a brand name’s worth by upping the number of businesses popping up around the world.

Buying into a franchise is smart because it will make dealing with banks easier. A bank is more likely to give you money if they know you’re investing in something that has found success before. Additionally, if people know the name of the franchise, it will make it easier to attract customers to your establishment.

Another great plus to Franchising is that a person doesn’t have to market their business or learn how to do such things as accounting or distribution: The business’s model is already firmly in place. Many statistics say that as many as 90% of new businesses fail in the first few years because it’s hard to get the business generating funds while learning the ropes of what works and what doesn’t work. A franchise’s model is proven – it’s why people what to buy into the business – and it makes it easier to keep your business afloat. Once you’re in charge of a franchise, you’ll have a manual that explains the business’s ins and outs and will make day-to-day operations easy as pie.

When it comes to a franchise, it’s easier to buy your equipment and materials because people know the name. The other folk involved in the franchise system will be a great support system when it comes to buying materials. Additionally, one of the biggest advantages of Franchising is that you don’t have to spend as much on marketing and publicity: the more franchises there are, the more publicity you’ll receive. The sheer number of businesses helps establish a brand’s credibility.

Ultimately, there’s less risk involved with opening a franchise, and this is perhaps Franchising greatest advantage. Though the cost may be high to buy into a well-respected name, the possible rewards are much higher. As always you need to ensure your research is done in a manner which means you have all the facts in place, doing your due diligence will ensure that not only the franchise is right for you but that it is one that is going to be value for money too.

The Three Factors in Finding the Right Marketing Mix for Your International Business Expansion

Saturday, March 21st, 2009

There are 3 factors in finding the right marketing mix for expanding your international business

It is possible to get international clients with strong internet marketing. It is even possible to develop your international business through internet marketing.

There is one condition though. You will need to find the right marketing mix to use your internet marketing in your foreign target markets.

You will not be able to rely on a simple website or simplified internet marketing strategy. This may work to some extent, and it may work in your domestic market.

If you are serious about developing your international business you will need to add a little bit more marketing skills to the mix.

Three Factors To Find The Right Marketing Mix

In order to develop your sales in your foreign markets a variety of marketing techniques come into play. Here are the different factors involved:



Different Internet Marketing Channels



Your foreign market may well use the internet differently than your domestic market. You will need to test that and identify the channels that work best for both of you.

If you have a variety of different communication channels you will be able to play on them, and incite your foreign readers to interact with you.

You will be able to compare results and get to know your foreign markets better.





Your internet marketing needs to be good. It also needs to be varied. The different means of communication using the internet include: emails, websites, ezines, podcasts, blogs, and forums.

Different Traditional Marketing Channels



Increases proximity

Increases trust

Like other clients, they need many marketing touches before buying

Offline marketing may be the only way to get international sales





Chances are internet marketing alone will not give you the best results. As soon as you have collected enough foreign market information from your internet marketing, you should invest in a little traditional marketing. The different channels of traditional communication include: direct mail, radio, television, magazines, flyers, posters, billboards and event marketing.

Various Cultural Marketing Skills



International communication – which begins the step of adapting your own communication for international audiences, and can include all aspects of international communication.

Multicultural communication – where your communication speaks effectively across a wide scope of cultures, used on your international website for example

Cross cultural communication – where you target your communication to one particular culture, for effective target marketing for example.





International sales involves cross cultural communication. For more international sales you will need to have effective international communication. This involves the following:

If you integrate good cultural marketing practices throughout your international internet marketing you will increase your international sales.

Integrated Marketing Strategy

All of these factors need to come into play at some stage of your international internet marketing.

The extra effort is well worth it. Not only will you increase your international sales potential, but you will also be able to create a powerful international lead generation tool.

Using different marketing channels will make it easy to create an integrated marketing platform in your target markets.



One of the main benefits of an integrated marketing platform is stimulating feedback.

The more feedback you can get from your foreign markets the more valuable foreign market knowledge you will have.

And the more foreign market knowledge you acquire, the better you will be able to market your products to your foreign markets.



Including an integrated marketing strategy makes sense for any international business development.

Finding The Right Marketing Mix

The success of your international marketing strategy relies on your finding the right marketing mix. You will need to tweak your marketing mix, stimulate foreign market feedback and re-adjust your marketing mix again, until you create real communication with your foreign markets.

The right marketing mix for your particular markets gives you the right communication tools to get international clients.

Are you committed to speeding up your international sales cycles?

Learn how to combine cross-cultural marketing tools and international sales strategies for faster sales.

Join us on the International Sales Road Map

Would you like to develop your international business?

Are you a beginner at international sales and marketing?

Read the Beginners Guide Discover Your International Business.

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