Archive for the 'Management' Category

Everything You Need to Know from Our wegginar® with Cristina Bandal

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This past Wednesday, wegg® had the pleasure of hosting the Industry Segment Manager of Retail and Consumer Goods for UPS, Cristina Bandal. Bandal lead one of our free online wegginars®, which provide monthly, accessible education to women entrepreneurs everywhere. Bandal’s talk covered how to overcome the obstacles that people face when trying to sell their products to the global market. She also answered the questions of wegginar® participants. Read their inquiries, and her responses, below:

  1. What’s the single biggest challenge on why people don’t setup an online storefront?  Setting up an international store may sound complicated if you are thinking of creating a country site – but with only a few enhancements, you can make international customers feel at home. 
  2. What are your thoughts on how to factor in taxes, (shipping and duty), to price my products profitably, yet make them affordable to my customers?  With the solution available, your catalogue will provide the information needed to calculate a duty and tax, and offer a landed cost to your customers (and protect you from abandoned goods!)
  3. How does our current trade war with China impact the information presented in this wegginar®?  Whatever tariff regulations are passed are updated to protect the shipments.
  4. Is there a way to target one foreign market when I launch my e-commerce site so that I can test the waters?  YES!!  You can choose what countries to target.
  5. What’s the best way to setup a payment method, in your own currency or the customer’s?  International consumers would like to see their own currency to avoid surprises. By using the UPS i-parcel solution, you are protected by allowing transactions to be processed through UPS, and provide fraud protection.

To read Bandal’s extended answers to these questions, and more, you can view the full presentation (PDF) from the wegginar®, here. wegg® was honored to have Bandal share her experience and knowledge with us.

If you were not able to participate in this month’s wegginar®, we already have registration open for our 12/5 talk with Andrew Molinsky, Ph.D. He will talk about how, “if you are not outside your comfort zone, you won’t learn anything.” Register here.

Make Your Global Online Shoppers Feel at Home Wherever They Are

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Registration is still open for our FREE November 7th, 2018 wegginar®, with presenter Cristina Bandal, Industry Segment Manager of Retail and Consumer Goods for UPS.

Cristina has an extensive career with UPS, working within the marketing functions. She has worked with merchants in the retail and high tech industries. Cristina makes customer experiences valuable, by improving the shopper’s experiences. Her most recent assignment helps enable merchants to sell outside the US through UPS technology.

If 95% of the worlds population lives outside the US, why are some merchants still only selling to the domestic market? Complex rules, costly risks and high transportation costs make it difficult for small businesses to merge into new markets. UPS i-parcel not only offers a solution to these merchants, but provides a frictionless experience to international consumers.

wegginar® participants can expect to learn how to…

  1. Offer international consumers the same shopping experience on your website that you offer to shoppers in the US.

  2. Avoid complicated and costly international shipping that will ultimately improve your conversion rate.
  3. Enable new international markets with just a click and reach a world of consumers.
  4. Make your online shoppers feel at home anywhere

wegg® aims to make resources for going global accessible to all women entrepreneurs, and our wegginars® are free thanks to our sponsors. To register for the event, visit this link: https://register.gotowebinar.com/register/8810009934736118275 

Managing Risks with Global Transactions

While transacting business across borders, there will always be risks.  You must learn how to navigate around them.  In the article below, Jane Hay (pictured), V.P., Global Trade Services at US Bank, highlights five risks you need to manage while expanding your global footprint.

  1. Commercial risk
  2. Product risk
  3. Bank risk
  4. Documentary risk
  5. Country risk

The name of the game is to do your homework, call in the experts when you need them (the sooner the better), and protect yourself every step of the way.

Read more …

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Note: Don’t miss our next WEGGinar™ 6/7/17 on “Go! Go! Global With Sourcing Products,” and presented by Jodi Bondi Norgaard, speaker, consultant and founder of Go! Go! Sports Girls and JB Norgaard Enterprises, Inc.  Register here:  https://register.gotowebinar.com/register/7576894438194026755.
Event is no charge but you must register in advance to attend.

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The Super-League of Entrepreneurship Belongs to Women

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Women can compete globally on any level without losing their femininity.  Yet, according to The Namibia Econonomist, women tend to differ from men on their management style in the following positive ways.  Note:  Many of these traits might also apply to men.

  • Multi-tasking — comes in handy in the early stages of growing a business.
  • Focus — the ability to cut out distractions and focus on what is important.
  • Intuition is the undefinable, immeasurable sense that helps with decision making and women tend to listen theirs more often.
  • Prudence is a characteristic not normally associated with entrepreneurship yet it is vital in the early stages of entrepreneurship, especially for women.
  • Cautiousness — women tend to be more careful in business than men and respect the importance of getting the balance right between overt risk-taking and caution.
  • Patience is linked to the trait of prudence and very helpful to have when the going gets tough.
  • Empathy — women are known to have higher levels of empathy than men.
  • Asking for advice — women have no issue with this, especially if they can get answers.

Read other attributes that women have in business:
Learning from Female Entrepreneurs

One final point:  In order to gain self-confidence and overcome social attitudes, women need to network continuously, support each other, look for role models, update their knowledge and skills, and have a clear vision of what they wish to accomplish.

Photo Credit: Silicon Valley Blog

Women Aspire to Move Up in Corporate BRIC

A recent BusinessWeek article states:

At least 59 percent of women in Brazil, Russia, India and China describe themselves as “very ambitious” compared with 36 percent in the U.S., said the study, which drew on surveys of 4,350 college-educated men and women in the so-called BRICs and the United Arab Emirates and one-on-one interviews. At least 75 percent of women in Brazil, India, China and the U.A.E. aspire for a senior job versus 52 percent in the U.S., the report said.

The report, “The Battle for Female Talent in Emerging Markets,” can be found here.

Now the question remains, how many BRIC women aspire to start a business like they do in the United States?

Posted by:  Laurel Delaney

35 Women Under 35 Succeed in Business

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The highest flying young women in business forge ahead — despite the tough economic climate.  These are extreme achievers under the age of 35 that have been picked by Management Today (U.K.) as the first generation to go through a recession.

Our 2009 heroines (don’t see any entrepreneurs!) have succeeded in every kind of business: advertising, management consultancy, cosmetics, the law, banking, retail, engineering, property, PR, IT, broadcasting, the arts and the public sector.

Read more here.

Pictured:  Back row left to right:  Laura Stevenson, Ruth Amos, Jade Tong, Kate Hampton; Front row left to right:  Savannah Miller, Samantha Mangwana

Posted by: Laurel Delaney

10 Tips From Leading Women Entrepreneurs To Help You Make The World Your Business

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Meet the bold, the fearless and the restless (and that includes YOU!). Women-owned firms comprise forty percent of all firms in the United States, according to the Center for Women’s Business Research. They have implemented imaginative strategies to launch and expand their businesses, including going global.

Here’s a glimpse at the top ten tips shared by the women entrepreneurs who run successful worldwide ventures.

1. Develop trust on a global scale.

2. Think globally.

3. Build a global brand that works locally.

4. Educate your customers.

5. Outsource to grow your business.

6. Connect and collaborate with local markets on foreign ground.

7. Find cross-border customers.

8. Hire the best from around the world.

9. Establish payment methods before you sell.

10. Navigate through – not around – bureaucracy and red tape.

Global entrepreneurship, particularly by women, is diverse and pervasive worldwide. To succeed worldwide, companies must use best practices such as the above (refer to links below to read entire article), present something new, be the best at something, and offer it everywhere with the heart and will to succeed. You can make the world your business.

This is a two-part series published in Wealth Magazine. You won’t want to miss it. Read Part One and Part Two.

Quick access to the entire article can be found here.

Posted by: Laurel Delaney


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Our mission is to educate, inspire and nurture women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.


Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.

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