Methodologies
Phase I: Market
Research
Market Entry Experts works in conjunction with the
client to conduct market research to define the
strengths, weaknesses, opportunities and threats for
your product or service relative to the incumbents.
Market sizing information, potential partner matrix and
recommendations. At the same time we will define
potential channel partners and/or complementary business
partners. This project is completed in collaboration
with the management team who provides domain expertise.
Deliverables:
• Market/Competitive Research Document
• Introductory meetings with potential
synergistic/channel partners
• Proposed timeline and budget for market entry
Phase II: Partner Development (as necessary)
Market Entry Experts will work with you to develop a
plan to approach and close partners necessary to achieve
your goals. These might include localization,
distribution, resellers, consulting services and
support, etc.
Deliverables:
• Partnership plan
• Targeted partnership presentation(s) for the various
constituents
• Partner contact, scheduling and opportunity management
to closure
• Close Letters of Intent (LOI) or Memorandum of
Understanding (MOU)
• Negotiate and close partnership contracts
Phase III: Launch Business Infrastructure and
Execution of the Plan
Leveraging a team of experts Market Entry Experts will
establish your base of operations establishing a local
and web presence, marketing and sales. This phase may
also involve hiring local management and other
functions. We can even act as your local sales
representative until we backfill the role with full-time
or commissioned sales people.
Deliverables (as applicable):
• A web presence
• A local presence
• Launch marketing, PR and sales
• Local hiring according to plan
• Establish reporting and liaison best practices for
ongoing satisfaction
Phase IV: Comprehensive Evaluation and Realignment
When dealing with the time, location, language
and cultural issues involved in international markets,
it is easy for things to go slightly awry or even to go
off the rails. While we prefer to be a proactive as
possible, we realize that at times it is necessary to
evaluate the current situation and to fix problems and
get things back on track.
Deliverables (as applicable):
• Audit management through interviews and analysis
• Audit partners through interviews and analysis
• Plan, timeline and budget for problem resolution
Phase V: Funding or M&A
If you are looking for foreign funding, we can
help position you for success and then set-up the
introductions that are applicable to your specific
needs.
Deliverables (as applicable):
• Funding / M&A Document (Placement Memorandum)
• Funding / M&A Presentation
• Qualify candidates and set-up meetings
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