Four Easy Steps to Expand to New Markets Now

Step 3. Talk with your Peer Group

One of the best ways to expand to new markets is to learn from other companies that fit your profile. Either through your industry trade association, local chamber of commerce or your supplier network, you will find other companies that are willing to share their experiences in export expansion and to identify the opportunities and risks. Your express shipment company or freight forwarders are also good resources for discussing export expansion. Additionally, local U.S. Commercial Service offices can help you connect with available local business assistance. 56 District Export Councils (DECs) nationwide are organizations comprised of leaders from their local business community. These DECs complement the U.S. Commercial Service’s export promotion efforts through counseling businesses on the exporting process and conducting trade education and community outreach. Find your local DEC.

Step 1 – Examine Complimentary Markets
Step 2 – Track Global Demand of Your Product
Step 3 – Talk with your Peer Group
Step 4 – Contact Your Local Trade Specialist