The love of the boss
Chapter 75 Opportunities and Challenges in the International Market
After the company successfully achieved digital transformation and intelligent service upgrades, Lin Xiao and Su Yao began to turn their attention to the international market, hoping to demonstrate the company's strength on a broader stage.
"Su Yao, we have achieved good results in the domestic market. It's time to enter the international market." Lin Xiao said in the office with a firm look.
Su Yao frowned slightly and responded: "There are many opportunities in the international market, but the challenges should not be underestimated. The culture, laws and market demands of different countries are very different."
They first conducted detailed market research in several target countries.
"Lin Xiao, the educational tourism market in the United States is mature, but competition is fierce and the entry barrier is high. The European market has high requirements for cultural experience, while the Southeast Asian market is growing rapidly but has relatively low spending power." The market research team reported to them.
Lin Xiao thought for a moment and said, "Then we will formulate targeted strategies based on the characteristics of different markets. In the US market, we will highlight our technological advantages and innovative services, in the European market, we will focus on exploring cultural connotations, and in the Southeast Asian market, we will launch cost-effective products."
However, they encountered a series of difficulties in the process of entering the international market.
"Su Yao, when applying for relevant qualification certification for the US market, we encountered many cumbersome procedures and strict standards." said the manager in charge of international business development.
Su Yao encouraged: "Don't be discouraged, we will follow the requirements step by step and seek help from professional consulting agencies."
At the same time, cultural differences also bring difficulties to product promotion.
"Lin Xiao, the products we promoted in Europe have received a mediocre market response because we did not fully consider local cultural habits." The marketing staff said anxiously.
Lin Xiao decided to personally lead the team to conduct in-depth research on local culture and make localized adjustments to the products.
"We must respect the culture of each country, incorporate local elements, and make our products more friendly," said Lin Xiao.
In the Southeast Asian market, although product prices are advantageous, low brand awareness has become a bottleneck in expanding business.
"Su Yao, we need to increase brand publicity and promotion in the Southeast Asian market." said the sales manager.
Su Yao responded: "You can consider cooperating with well-known local companies or institutions to hold large-scale events to increase brand exposure."
In addition to market challenges, differences in international laws and regulations also pose certain risks to the company.
"Lin Xiao, in a certain country, our business may involve some legal risks and needs to be handled with caution." The head of the legal department reminded.
Lin Xiao said seriously: "Immediately organize professional lawyers to conduct an assessment to ensure that our business is completely legal and compliant."
Despite facing many difficulties, Lin Xiao and Su Yao never gave up.
"Su Yao, as long as we persevere and gradually solve these problems, the door to the international market will definitely open to us." Lin Xiao said confidently.
After a period of hard work, the company finally obtained key qualifications and certifications in the US market, and the product was successfully launched.
"Lin Xiao, we have finally taken the first step in the US market." The team member in charge of US business said excitedly.
In Europe, locally adapted products are beginning to attract the attention and love of consumers.
"The effect of this adjustment is significant. It seems that we have a deeper understanding of the European market." Su Yao said.
In Southeast Asia, through a series of brand promotion activities, the company's visibility gradually increased and its business volume began to grow.
"Lin Xiao, the potential of the Southeast Asian market is gradually being released, and our efforts have paid off." The sales manager said happily.
However, competition in the international market remains fierce, and the company needs to continue to innovate and optimize in order to gain a foothold in it.
"Su Yao, this is just the beginning. The road ahead is still long and we can't slack off at all." Lin Xiao said.
Su Yao smiled and nodded: "yes, let's meet more opportunities and challenges together."
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