BSC-131 Expanding to International Market through Exporting: Strategies, Global Markets, Partners
Overview
Course Objectives
Course Content
For Whom
Schedule and Hours
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Entering the realm of international trade presents several formidable pain points. Regulatory compliance is a major challenge, as navigating the intricate web of international trade laws and export documentation can be overwhelming. Managing currency exchange rate risks is crucial for financial stability, and failing to do so can lead to unpredictable profit margins. Selecting the right target market is also fraught with difficulties, demanding thorough research and analysis to prevent resource misallocation and missed opportunities. Dealing with logistics, customs, and transportation, while essential for efficient goods movement, can be prone to errors and delays, disrupting the supply chain. Payment risks, tied to selecting appropriate methods and addressing potential issues, are also pivotal, as disputes or delays can severely impact cash flow and overall business success.
This comprehensive international trade course offers a structured approach to equip learners with the knowledge and skills required to overcome these challenges. By providing in-depth insights into the factors affecting international trade, player roles, market development, product development, pre-shipment and post-shipment procedures, market research, and payment methods, it empowers participants to navigate the complexities of international trade with confidence.
By the end of the program, you will be able to:
Define key concepts related to international trade, including terms like trade agreements, regulatory compliance, and payment methods.
Explain economic, political, and socio-cultural factors influencing international trade, as well as the significance of market research and risk management strategies.
Implement various modes of entry to international markets, such as exporting, licensing, and forming strategic alliances.
Describe the main players in international trade, including the roles of government bodies, financial institutions, and intermediaries.
Summarize the key steps and documentation required in the pre-shipment and post-shipment procedures for international trade.
Demonstrate an understanding of market entry strategies, market analysis, and partner selection in global markets.
Develop the necessary skills to create effective marketing strategies, promotional campaigns, and product localization for international trade.
Apply their knowledge of international payment methods, risk assessment, and regulatory factors to make informed decisions in the global trade landscape.
Day 1
Module 1: Introduction to International Trade (Export)
Module 2: Basics of Exporting
Module 3: Market Development Procedure
Module 4: Product Development Procedure
Day 2
Module 5: Pre-Shipment Procedure
Module 6: Post-Shipment Procedure
Module 7: International Market Research
Module 8: International Payment Methods Selection
Marketing Executive/Manager
Sales and Business Development Executive/Manager
Export Executive/Manager
International Trade Executive/Manager
Brand Executive/Manager
Product Executive/Manager
Supply Chain and Logistics Executive/Manager
Finance Executive/Manager
Market Researcher
Entrepreneur and Business Owner
This is a 2-days programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.