Archive for the 'Exporting' Category

Women Have Big Global Aspirations

womenhavebigglobalaspirations

According to Bruce Billson, former Minister for Small Business and brand ambassador for Efic, the Australian Government’s export credit agency, female exporters have three key traits:

  1. They have big ambitions
  2. They draw on life experience to navigate new markets
  3. They persevere to overcome barriers

He goes on to say:

screen-shot-2017-01-28-at-2-59-04-pmMany of the female exporters I encountered set out in business with a vision to take on the world. While their business operations may have started small, their aspirations were big. Having confidence and belief that you can scale and expand your business in new markets is important when setting out to build an export business.

Read more:  How Australian women are succeeding in the export trade.  Immediate download to Women, Global Trade and What It Takes to Succeed 2015.

NEWS:  In case you missed it, WEGG was mentioned in Forbes!

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Malaysian SMEs Export More than $1 Million Worth of Products

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A memorandum of understanding (MOU) between SMEs and foreign companies was signed in September last year (2016) in Sungai Petani. The five-year agreement will see about US$1 million worth of products (such as instant coffee, Stevia-based sweeteners and flavored carbonated drinks) exported abroad annually from Sungai Petani (a town in Kuala Muda District, Kedah, Malaysia) to Africa.

The state’s Women, Development, Agriculture and Agro-Based, Entrepreneur Development, and Community Welfare Committee chairman Datuk Suraya Yaacob, said that this achievement was a result of the great teamwork by the group of entrepreneurs under the Koperasi Usahawan Groombig Negeri Kedah Bhd (KuGerak).  [KuGerak was established in 2008 and now has more than 184 SMEs as members.]

The anticipation is that within a year the SMEs will also export their products to China and the United States.  The goal is to boost exports for SMEs so they break into more international markets, become stronger, and survive much longer.

Read more here.

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Women Entrepreneurs GROW Global Export Workshop in Chicago 11/9

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Don’t miss our first on-the-ground WEGG Export Workshop held at the Polsky Exchange (formerly Chicago Innovation Exchange) on Wednesday, November 9th from 9:30 a.m. — 12:00 p.m. (noon). You will hear from Lisa Bitsky, President, Automated Design Corp. and winner of the Exporter of the Year award, as she shares how she took her company global.

We’ll also take a short tour of the Polsky Exchange to see first hand what innovation and inspiration looks like when it comes to business creation.

To learn more and to register, visit: https://www.eventbrite.com/e/wegg-workshop-on-exporting-tickets-25724870781. Registration: $20. Students: $10. First 10 students who sign up attend no-charge thanks to a generous donor.  Coffee, tea and muffins will be served.

upssmalllogoSpecial thanks to IBM and UPS for their sponsorship and support to this event.

See you there!

Tell Us How and Why You Want To Grow Global and Win BIG!

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UPS, in partnership with Metro Chicago Exports & JPMorgan Chase, announced the 2016 Metro Chicago International X-port Challenge. Listen up all women entrepreneurs and business owners!

This export pitch contest starts with you simply telling UPS-Metro Chicago Exports-JPMorgan Chase how and why you want to grow your global business — and you could be the winner of $10,000 in free export shipping credits and a matching prize of $10,000 in grant dollars.  And the beauty of this offer is that it only take a few minutes of your time to apply.  Imagine all the new customers your business could reach worldwide with these prizes!

The top 10 applicants will be invited to a “Pitch Off” event at Chase Tower in downtown Chicago on Thursday, October 20, 2016. These 10 businesses will have an opportunity interact with an illustrious panel of expert judges.

Three winners will be selected based on their international appeal and execution strategy. Should you qualify as one of their top 10 finalists, you will be contacted for verification and with further Pitch-off event date and location details. You must be available to participate in the Pitch-Off event to be eligible to qualify as a finalist.

This event is open to small and medium-sized companies (men and women may apply) located in Cook, DuPage, Kane, Kendall, Lake, McHenry and Will counties.

Go here to apply:  https://global.ups.com/x-portchallenge/?WT.mc_id=VAN701625  Note:  Deadline is September 16th.  Good luck! Let us know if you come out a winner!

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Women Account for 48 Percent of all SMEs in Kenya

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In Kenya, women-owned businesses account for over 48% of all SMEs, contributing about 20% of the Kenyan gross domestic product (GDP). Hence, the reason for a partnership between SheTrades Initiative (launched by the International Trade Centre) and Barclays Kenya for the purpose of offering local women entrepreneurs support in critical areas, including financial management, in order to help them create and maintain links to international markets.

“This partnership comes at an opportune time when SMEs are being globally recognised as vital economic growth and employment drivers. SheTradesKe presents us with a great opportunity to empower women in business and certainly draws us a step closer towards achieving the United Nations Sustainable Development Goals which seek to eradicate extreme poverty by 2030, while curbing social and economic inequalities,” Mr Awori [Managing Director, Barclays Bank of Kenya] said.

Read more:  Barclays, ITC cooperate to link up 10,000 women entrepreneurs to export markets

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Two Chicago Businesswomen Nail It on Taking Their Business Global

TwoChicagoWomenNailItOnTakingTheirBusinessGlobal

International expansion offers growth and the opportunity to not only scale a business, but to diversify as well.  And you don’t need a big investment to pull it off.  Here are two cases to prove it.

Chris-Tia Donaldson, founder of Chicago-based Thank God It’s Natural, a line of hair care products for textured hair, grew her global audience through social media—the international orders and distribution requests flowed in from there.  The question for Chris was never should I do this [go global]; it was more, where should I go first?

Jamie (pictured) and Stephanie Kaplan, the sisters who founded Chicago’s Pinch Provisions, which makes “emergency” kits packed with miniature beauty products, bandages and other essentials, saw the opportunity to grow their business internationally fairly quickly but the key to exporting the kits was based on which regulations they thought they could meet as quickly as possible.  They launched in Canada, France and then the U.K., with Australia focused on next.

Chris and the Kaplan sisters offer the following four tips when taking a business global:

  1. Decide where to expand.
  2. Navigate compliance.
  3. Build a retail strategy.
  4. Cross barriers (whether it be language, cultural or currency fluctuations).

Read more:  How two scrappy Chicago beauty companies are nailing international expansion

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Note: Don’t miss our next WEGG webinar 6/8 on “Avoiding Scams, Fraud & Deceit in Your International Business: How to Conduct Effective Due Diligence,” and presented by expert Louise Kern. Register here: https://attendee.gotowebinar.com/register/3785897085114894084. Event is no charge but you must register in advance to attend.

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The Brazilian Fashion Brand Plural Is Ready for Exports

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Fashion clothes by the brand Plural, considered contemporary, modern and unique, are worn by women in Saudi Arabia. The brand, which target women aged 25 to 60, has been exporting to the Maison BO-M boutique shop, in Riyadh, for around two years now, and sales are on the way up.

The last order placed by the multi-brand boutique was bigger than previous ones, according to Plural owner and cofounder Gláucia Fróes. The deal was closed during the Minas Trend fashion fair, held in Belo Horizonte in early April, but some details still need working out.

Fróes hopes to sell her clothes to other Arab countries as well, such as the United Arab Emirates because she gets better acceptance outside of Brazil.  Currently, in addition to Saudi Arabia, she sells her line to Australia, the United States, Portugal and Spain.

Learn more:  Brazilian brand dresses up Saudi women
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next_up_4May_2016_wegginarNote: Don’t miss our next WEGG webinar 5/4 on seven (7) ways to turn cross-cultural understanding into a competitive advantage and presented by expert Sophie Lechner. Register here: https://attendee.gotowebinar.com/register/1760398754302968579. Event is no charge but you must register in advance to attend.

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Pack It, Sell It, and Go Global!

PackItSellItGoGlobal

We love meeting up with new WEGG fans and Nicole àBeckett is the latest.  Our WEGG Board member, Kati Suominen introduced us to her because Nicole is doing great things for entrepreneurs and small business owners in the area of global trade.  Nicole is founder and President of Mercatura Global in Los Angeles, California.  Prior to founding Mercatura Global, Nicole was called into public service and served as the Senior Director of International Trade for the City of Los Angeles, appointed by former Mayor Antonio Villaraigosa and reappointed by Mayor Eric Garcetti.  You can learn more about her background here.   We hope to have Nicole share her global business experience with us in a future WEGG webinar.

Meanwhile, I thought I’d share a post Nicole did at her blog about entrepreneur Melissa Kieling of Westlake, California, who has reaped the rewards of exporting.  Her startup PackIt has now sold over 6 million products in just six years.  According to Nicole’s post, Melissa “plans for international sales to rise from 11% of total revenue to 25% of total revenue in the next two years.”  Check this out:

What began as a simple response to her son’s disapproval of his lunch’s “warm and mushy” blueberries quickly transformed into a successful product sold in over 40 countries worldwide.

You have to love Melissa for what she has achieved globally in such a short period of time.

But back to Nicole’s company, Mercatura Global, for it is all about helping women in business, and encouraging women business owners to understand the potential they have to export abroad.  Can’t beat that for commonality in terms of what she is doing and what we are doing at WEGG.

You can count on us to partner with Nicole in the near future and at the very least, have her (and exporter Melissa!) present a WEGG webinar soon!

Note:  Don’t miss our next WEGG webinar 5/4 on seven (7) ways to turn cross-cultural understanding into a competitive advantage and presented by expert Sophie Lechner. Register here: https://attendee.gotowebinar.com/register/1760398754302968579. Event is no charge but you must register in advance to attend.

Screenshot courtesy:  PackIt

 


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