Top Sporting Goods Stores in Pompano Beach, FL 33069

Export Management and international trade and marketing professionals. Our services include business development, market research, product appraisal and international sales and distribution. Indust...Read More…
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KWW Consulting

5.0

By dawood

used shoes ...read more

Atlantic Boat & Jet Ski Rentals

5.0

By October576 at Citysearch

Great service and reasonable prices. I have never had a problem with these guys. I am local and go here at least once a month. They have always been accomodating, helpful, and willing to make sure your experience is good. If there are any negative posts on this business, it is due to the fact that most people do not know how to operate a boat/jetski and they think it is like renting a bicycle or something. If a jetski flips over due to a passing boat's wake, then the jetski is way too close and is being operated illegally! The point is that when renting powered watercraft, customers should take the time to go to the dock, look at the craft, agree upon a price, pay for it, and enjoy the rental safely and responsibly. These guys are professionals, they communicate constantly with local water safety authorities, and the safety of the customer always comes first. I will continue to visit this business, recommend it, and support their operation. I doubt that I will ever experience anything but complete satisfaction from this business! ...read more

Play It Again Sports

5.0

By Peggy

The owner is rude and unhelpful. I would rather give the stuff to charity or give it away than get treated badly by a rude person. I will never go into that store again ...read more

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Selling Local vs Global

Similarity between domestic selling and exporting Exporting is like selling domestically in many ways in that you: 1.  Have a product or service to sell which will either be your own or that that of a client's (if you are an intermediary). 2.  Conduct market research to access and understand your customer base 3.  Develop a marketing plan to determine distribution, pricing and promotion strategy 4.  Implement the plan by advertising in various ways through mass media, print, internet, trade shows etc 5.  Establish sales and distribution networks for channeling your product or service to the desired customer base 6.  Respond to sales enquiries and fulfill orders 7.  Collect payment by purchasers Difference between domestic selling and exporting The main points to consider when taking the steps to export as opposed to selling domestically are: 1.  To choose whether to export directly or indirectly. Direct exportation is where a company internalizes the administrative, sales and distribution process for selling internationally which requires added managerial commitment and human resource training as well as the extra capital to become "export ready". Direct exportation gives the company more autonomy in the sales of their goods and services abroad. Indirect exportation, on the other hand, is the more common easier approach used by most businesses by outsourcing their export department to a trade intermediary such as an Export Management Company/Export Trading Company. In many instances, unknowingly to the company their product may already be sold abroad where upon this discovery they then take a more proactive approach to exporting. 2.  Export sales use different payment methods. Letter of Credit (L/C), Bank Drafts, Direct Payment and Open Account are often depending on assessed and perceived risk factors between the parties. It is important for businesses to use discretion and caution to protect themselves against the risk of non-payment and fraud, yet still offer competitive terms of payment to buyers. These concerns are handled by using the expertise of anInternational Trade Intermediary service. 3.  Exporting involves more and different paperwork. Exporters are required to prepare a number of specialized shipping and regulatory documents, e.g. the U.S. government require a Shippers Export Declaration (SED) for most exports and U.S. Export License for "controlled" goods." Foreign governments in the importers country typically require a commercial invoice, such as consular invoice, certificate of origin and maybe others depending on the imported product. Freight related documentation is also needed such as a Bill of Laden, packing list, dock receipt to name a few but is usually handled by the Freight Forwarder. 4.  Exporting usually involves added costs for transportation and sometimes customs duties (tariffs) for exporter to importer respectively and must be factored in the price for the product in the foreign market. TheInternational Trade Professionalas a part of their function should be able to provide a realistic assessment of these costs when determining the sales potential of the product in the foreign market. 5.  Cultural Awareness. It is important to understand the language, laws and business practices, cultural norms and values, ethnic, religious, social, political, demographic and environmental variations of the desired foreign market a company intends to export to. What is considered acceptable in one country and culture may be unacceptable in another. In summary, although selling overseas does involve more administrative and financial resources as opposed to domestic sales, the rewards far outweigh the risk providing management is committed to the process and applies due diligence, resources and patience. In essence, exporting can increase the product life cycle, reduce risk of low cash flow during seasonal and market changes, promotes product development, increase competitive advantage, enhance business I.Q and best of all increase business sales and profitability. After all, we live in a global village and if you don't discover and fulfill the foreign demand, your competitors will. ...read more

By KWW Consulting March 16, 2011

Benefits of Exporting

Why America needs to export more In his State of the Union address on January 272010, President Obama announced a National Export Initiative (NEI) to help businesses, small and medium sized enterprises (SMEs) in particular increase exports.The National Export Initiative (NEI) is a government-wide effort to double U.S. exports over the next five years and support two million U.S. jobs "We will double our exports over the next five years, an increase that will support two million jobs in America. To help meet this goal, we're launching a National Export Initiative that will help farmers and small businesses increase their exports, and reform export controls consistent with national security."–President Barack Obama The reason the government is increasing their efforts to encourage American businesses to find new markets and income streams abroad is because this brings foreign capital into the U.S. economy therefore stimulating economic growth and reducing thebalance of trade http://www.census.gov/foreign-trade/index.html(exports minus exports). Fewer than 20% of all U.S. manufacturers' export, yet, over 95% of the world's population and two-thirds of its purchasing power lie outside the U. S. Simply put, by increasing demand for their goods and services abroad our manufacturers are forced to step up production which in turn creates more domestic jobs, which increases household income, domestic spending, investments and of course generates more revenue for the government and public expenditure which is essential to maintaining public and social services. At the end of the day, businesses main focus is to increase sales and make more money. Exporting dramatically develops your business I.Q., sharpens competitiveness, increase and broadens contacts, improves awareness and understanding of global markets and cultures and stimulates the economy. Exports diversify market risk and help offset lags in domestic demand. The world market provides new sales options when domestic business slows down during recession and seasonal slow-downs. When demand for a particular product in the domestic economy slows it may be increasing in another economy, by exporting you are able to pinpoint these opportunities and fill the demand therefore maintain or increase production levels. For example, if your business experiences high sales during summer, when winter comes you could channel your products to those countries that may be experiencing summer and avoid lags in the sales because of seasonal change. Exporting extends product life cycles. Advancing technology and changes in consumer taste does not have simultaneously in all countries, therefore, when one product may become obsolete or lose their appeal especially in a high consumption market like the U. S. these products may still hold their value and high appeal elsewhere. Over half of the world's economies are less developed and may prefer less costly and even used and reconditioned versions of the product. ...read more

By KWW Consulting March 16, 2011

The Export Market Plan

As the old adage goes "failure to plan is a plan for failure". It is essential for export focused businesses to develop an Export Market Plan or EMP as commonly referred. Most companies that export or new to exporting develop an export strategy often with the assistance of an International Trade Consultancy service andExport Management Companysuch as ourselves. The EMP provides a step by step guideline for your company's export activities and addresses three basic questions: 1.  What are the best markets to pursue? 2.  What is the best entry strategy for each target market? 3.  What is the best plan to implement the strategy? Overall, the EMP takes into consideration the factors exporters encounter when establishing a presence in foreign markets and must address such potentials and pitfalls. Exporters' need to take into account the different income levels and demand cycles abroad as well as different languages, cultures, laws and regulations and environmental factors. Some of these differences can vary from subtle to extreme opposite to the domestic economy of the exporter's country and even a slight overlook can become a major marketing disaster. The exporter's first approach is to select a few target markets for study and analysis to determine the potential for their products. This process is to find markets that are most promising usually between 1-3 markets to start and then take a more in depth evaluation to access your products competitive and comparative advantage in the target market by utilizing a number of indicators such as, economic, demographic, sectoral, infrastructural, financial and socio-political as well as any cultural idiosyncrasies to avoid any inappropriate marketing techniques. Finally, the EMP will address four key tasks, which are distribution, promotion, pricing and localization. To get an initial export assessment for your business and develop an Export Market Plan email us for a free initial consultation. ...read more

By KWW Consulting March 16, 2011

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