Posts Tagged 'international marketplace'

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

wegginar_NOV_2018_website

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.

To Go Global, Shift Your Perspective

EvelynMungai

With your business, are you afraid of dealing with the unknown?  Get over it.  Because to do well in the international marketplace, you have to be fearless and get on with the life of conducting worldwide business.

Sure, it has its challenges; but you can overcome them by building partnerships and strategic relationships.

Take Mrs. Evelyn Mungai (pictured), author, mother, politician and entrepreneur who is from Nairobi, Kenya (Northeastern Africa).  She was was asked, “What do you feel may have been your strongest seed of inspiration to take the leap into global entrepreneurship?”

Her answer?  “Other people’s skepticism.”

Read this fabulous interview conducted by Tasha Phelps with Mrs. Mungai which addresses several great questions, points and tips about taking a business global, including:

“What significant barriers did you face when deciding to take your business global?”

Answer (Mungai): “Money, men, doubt … Take your pick. When I decided to grow my business globally, it was skepticism that continued to confront me.  There were a lot of people who didn’t think that a woman in Kenya could – even OWN a business – let alone do business internationally. It didn’t matter, though, because I still did what I knew I could do. I sometimes wonder if I pushed harder just so that I could prove people wrong.”

Go here for the full interview.

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.


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