Archive for the 'Outsourcing' Category

Grow Sales By Importing

Have a great new product idea but don’t know how to find a manufacturer to produce it?  Look no further.

To find suppliers of the product you want to import, you’ll need to consult some specialized online resources. These four are a good start: Alibaba, Global Sources, ThomasNet and Kompass. If you contact the U.S. Embassy in the country you are interested in importing from, they might be able to help as well. When you travel internationally, provided you set aside time to do a little shopping, you might stumble upon a product you like and find out who the manufacturer is (look on the package). I have managed to do this several times in the course of my international career. It works.

Read the entire article:

Importing:  How to Find a Supplier For the Product You Want to Import

Posted by:  Laurel Delaney

Explore Overseas Production Partners

Four businesswomen from Bee Inspired, LLC — a company that spreads inspirational messages, motivational thoughts, and positive actions throughout the world — share experience about taking their company global. They successfully launched their first product and globally sourced the main components in less than one year.  Conducting international business can indeed be challenging but as they women point out, that if you lead with passion, resourcefulness and determination, absolutely no challenge is insurmountable.

One of the questions addressed:  How did your company get involved in international business?

Sue Dickinson: After talking with several local manufacturers, we soon realized domestic production costs would keep us from pricing the product competitively. So in order to get to a lower price point we went to Alibaba.com and explored foreign production partners. We connected with a manufacturer in India and worked through all the details, specifications and quality over e-mail and the Internet.  Actually, we never even spoke to our contact on the phone until after we imported our first 500 units. In a relatively short time frame, they delivered the products we specified, at the quality level we required, and at the right cost.

Learn more and PURCHASE here.

FYI:

In less than a year this group of ladies took an idea, made global connections and launched their first product—and a promising international company. They make it look simple by leveraging local and global resources along with technology. Visit www.portlansing.com to learn more about Bee Inspired and how Greater Lansing is going global.

Posted by:  Laurel Delaney

Globalization Trend

globaltrendsconnectedness

One of our very own WEGG contributors, Steve King, is quoted in this U.S. News and World Report article, “Best Small Businesses To Start,” The article is authored by one of our favorite entrepreneurial reporters:  Matthew Bandyk.  Here’s the part on globalization:

Another trend is globalization. More U.S. businesses than ever are connected with the world. There’s a huge market out there for American entrepreneurs to sell to, and it’s growing. “There’s going to be an equivalent to the U.S. middle class created each year over the next decade” in the developing world, says Steve King of the Institute for the Future.

Some entrepreneurs—be they companies going global or outsourcing firms educate and train businesses in the new game of globalization. Export managers link domestic buyers with foreign sellers.

So if you are reading this blog, you are on the right track for 2009!  Start growing global and get connected to everyone, everywhere.

Posted by:  Laurel Delaney


Join 137 other followers

Best of the Best

Alltop

ACCESS SMBs Guide

AboutBADGE1

Ask a Question

Copyright Notice

©2008-2012 Laurel Delaney.
All rights reserved.

Follow

Get every new post delivered to your Inbox.

Join 137 other followers