After
a company has identified its most promising markets
and
devised strategies to enter those markets, the next
step
is to actually locate a buyer. If that buyer is the
end
user of a company's product or service, a relatively
simple
transaction may result. In many cases, however, U.S.
exporters
need an in-country presence through a
representative
or distributor to reach the eventual buyer.
Alternatively,
the firm may identify customers through
attendance
at trade shows, trade missions, direct mail
campaigns,
and advertising.
Regardless
of how the exporter makes contacts and develops
sales
leads, the exporter faces many questions:
* Specifically who are potential buyers?
* What trade shows are the most effective?
* Which marketing techniques are most
successful?
In
this chapter U.S. exporters will find the means to
answer
these questions. The marketing techniques described
are
by no means exhaustive. However, the chapter describes
sources
of assistance in locating buyers, evaluating trade
missions
and shows, and conducting other programs designed
to
make contacts.
DEPARTMENT
OF COMMERCE CONTACT PROGRAMS
The
U.S. Department of Commerce can help exporters identify
and
qualify direct leads for potential buyers,
distributors,
joint venture partners, and licensees from
both
private and public sources. Along with its various
product,
country, and program experts, the Department of
Commerce
has an extensive network of commercial officers
posted
in countries that represent 95 percent of the market
for
U.S. products.
Services
and publications available through the Department
of
Commerce are listed in this section. Exporters should
contact
the nearest Commerce district office (see appendix
III)
for more information or contact Export Promotion
Services,
U.S. Department of Commerce, 14th Street and
Constitution
Avenue, N.W., Washington, DC 20230; telephone
202-377-2505.
Export
Contact List Service
The
ECLS provides mailing lists of prospective overseas
customers
from Commerce's automated worldwide file of
foreign
firms. It identifies manufacturers, distributors,
retailers,
service firms, and government agencies. A
summary
of the information on the company includes name an
address,
cable and telephone numbers, name and title of a
key
official product and service interests, year
established,
and additional data. The lists are drawn
from
an
on-line search of Commerce data on the bas of the market
or
company criteria specified by the exporter. The
information
is available either as cheshire or gummed
mailing
labels o as a summary printout of company data.
Cost
is 25 cents per name, with a minimum order of $10.
Trade
Opportunities Program (TOP)
This
service provides timely sales leads from overseas
firms
seeking t buy or represent U.S. products and
services. U.S. commercial officers worldwide gather
leads
through
local channels. Lead details such as
specifications,
quantities, end use, and delivery and bid
deadlines
ar telexed daily to the computer center in
Washington,
D.C., reviewed, an then immediately posted on
Commerce's
EBB. Users can retrieve the TOP files (and all
other
files) from the EBB each day through a personal
computer
and modem. Subscribers may use, edit, or
redistribute
the lea in any way they wish. A subscription
for
all files on the EBB is $35 per year.
TOP
leads are also published each day in the Journal of
Commerce.
Othe trade information services such as TradeNet,
Intellibanc,
Commodity Developers Trade Group, state trade
development
agencies, and world trade centers also
distribute
TOP leads and leads obtained from their own
services.
Agent/Distributor
Service (ADS)
The
ADS is used to locate foreign import agents and
distributors.
It provides a custom search overseas for
interested
and qualified foreign representatives on behalf
of
a U.S. exporter. Officers abroad conduct the search and
prepare
a report identifying up to six foreign prospect
that
have examined the U.S. firm's product literature and
have
express interest in representing the U.S. firm's
products.
The
U.S. company is given the names and addresses of the
foreign
firms names and titles of persons to contact,
telephone
numbers, cable addresses and telex numbers, and
brief
comments about the agent or distributor and its
stated
interest in the proposal. A fee of $125 is charged
for
this service.
ADS
application forms may be obtained from Commerce
district
offices. Trade specialists at these
offices can
help
with preparing application and can provide guidance if
there
are any factors barring the desired relationship.
World
Traders Data Reports
The
WTDR service provides a background report on a specific
foreign
firm, prepared by commercial officers overseas.
WTDRs
give such information as the type of organization,
year
established, relative size, number of employees,
general
reputation, territory covered, language preferred,
product
lines handled, principal owners, financial
references,
and trade references. Each WTDR also contains a
general
narrative report by the U.S. commercial officer who
conducted
the investigation concerning the reliability of
the
foreign firm. A fee of $100 is charged per report.
Further
information on this service is available from any
Commerce
district office.
Commercial
News USA (CNUSA)
CNUSA
provides worldwide exposure for U.S. products and
services
throu an illustrated catalog-magazine and
electronic
bulletin boards. The catalog-magazine is
distributed
through U.S. embassies and consulates business
readers
in 140 countries. Copies are also made available to
international
visitors at trade events around the world.
Current
hard-copy distribution averages 110,000 copies,
with
10 issues per yea Information in CNUSA is further
disseminated
by US&FCS posts or local organizations that
reprint
all or part of the publication. CNUSA's electronic
distribution
in key overseas markets reaches an additional
130,000
business readers. It operates through private
sector
and government electronic business bulletin boards
in
15 countries.
Listings
in CNUSA describe the major features of an export
product
or service. The name, address, and telephone and
fax
numbers of the U.S. manufacturer or
distributor are
included
along with a photo or illustration. Several size
formats
are available. A standard one-sixth page lists an
average
of 40 to 60 words and costs $250; larger formats
may
contain longer descriptions. The electronic versions of
CNUSA
transmit the complete text of the magazine listings,
without
illustrations, to EBB subscribers.
The
CNUSA program covers more than 30 industry categories
and
focuses products that have been on the U.S. market no
longer
than three years. Companies may also
market
services
and trade and technical literature through CNUSA.
Only
pharmaceuticals, raw materials, agricultural
commodities,
and items on the Federal Register Munitions
List
are excluded from CNUSA. All products in CNUSA must be
at
least 51 percent U.S. parts and 51 percent U.S. labor.
CNUSA
also profiles up to three industries per issue with
high
export potential. In these special industry sections,
U.S.
firms may promote established products as well as new
models.
Participants may purchase to three separate
listings
per issue, each focusing on a single produc model.
A
new product may be listed four times per year. CNUSA does
not
feature descriptions of entire product lines or accept
camera-ready
advertisements.
The
trade leads generated by CNUSA help U.S. firms identify
potential
export markets and make contacts leading to
representation,
distributorships, joint venture or
licensing
agreements, or direct sales. Overseas inquiries
come
directly to participating U.S. firms an are address
coded
to allow for tracking and program evaluation.
Interested
firms should contact the nearest Commerce
district
office f information.
DEPARTMENT
OF COMMERCE TRADE EVENT PROGRAMS
Some
products, because of their very nature, are difficult
to
sell unless the potential buyer has an opportunity to
examine
them in perso Sales letters and printed literature
can
be helpful, but they are certainly no substitute for an
actual
presentation of products in the export market. One
way
for a company to actually present its products an
overseas
market is by participating in trade events such as
trade
shows, fairs, trade missions, matchmaker delegations,
and
catalog exhibitions.
In
today's international market, trade fairs are "shop
windows"
where thousands of firms from many countries
display
their wares. They are marketplaces where buyer and
seller
can meet with mutual convenience. Some
fairs,
especially
in Europe, have a history that goes back
centuries.
Attending
trade fairs involves a great deal of planning.
The
potential exhibitor must take into account the
following
logistic considerations
* Choosing the proper fair out of the
hundreds that are
held
every year.
* Obtaining space at the fair, along with
designing and
constructing
the exhibit.
* Shipping products to the show, along with
unpacking
and
setup.
* Providing proper hospitality (refreshments
and so on),
along
with maintaining the exhibit.
* Breaking down and packing the exhibit, and
return
shipping.
There
are many excellent international trade fairs, both
privately
run and government sponsored. A trade magazine or
association
can generall provide information on major
shows.
Because of the many considerations facing
exhibitors,
a company may wish to attend a Department of
Commerce-organized
U.S. pavilion overseas.
Certified
Trade Fair Program
The
Department of Commerce Certified Trade Fair Program is
designed
to encourage private organizations to recruit
new-to-market
and new-to-export U.S. firms to exhibit in
trade
fairs overseas. To receiv certification, the
organization
must demonstrate that (1) the fair is leading
international
trade event for an industry and (2) the fair
organizer
is capable of recruiting U.S. exhibitors and
assisting
them with freight forwarding, customs clearance,
exhibit
design and setup, public relations, and overall
show
promotion. The fair organizer must agree to assist
new-to-export
exhibitors as well as small businesses
interested
in exporting.
In
addition to the services the organizer provides, U.S.
exhibitors
ha the facilities and services of the Department
of
Commerce available to them. Commerce can also
* assign a Washington contact person to
coordinate
Commerce
assistance;
* operate a business information office,
which can
provide
meeting space, translators, hospitality, and
assistance
from US&FCS personnel to U.S. exhibitors
and
foreign customers;
* help contact buyers, agents, distributors,
and other
business
leads and provide marketing assistance; and
* authorize use of the certification logo and
provide a
press
release on certification.
Foreign
Buyer Program
The
Department of Commerce encourages foreign buyers to
attend
selecte U.S. trade shows. US&FCS selects leading
U.S.
trade shows in industries with high export potential.
U.S.
firms are assisted in fulfilling their international
business
objectives through their participation in selected
U.S.
trade shows where they can meet foreign buyers,
distributors,
potential licensees or joint venture
partners.
Through
the Commerce district offices, international trade
specialists
are ready to take exhibiting U.S. firms through
the
exporting process and provide counseling to them before
the
trade show. In addition, an international trade
specialist
is available at each show to provide on-the-spot
export
counseling. The Foreign Buyer Program is also an
excellent
means for experienced exporters to penetrate new
markets.
For
additional information contact a local Commerce
district
office or U.S. and Foreign Commercial Service,
Export
Promotion Services, Room 2118, Washington, DC 20230.
For
an application and additional information telephone the
Foreign
Buyer Program manager at 202-377-0481.
Matchmaker
trade delegations
Matchmaker
trade delegations, organized and led by Commerce
personnel,
enable new-to-export and new-to-market firms to
meet
prescreened prospects who are interested in their
products
or services in overseas markets. Matchmaker
delegations
usually target major markets in two countries
and
limit trips to a week or less. In this way, U.S. firms
can
interview a maximum number of prospective business
partners
with a minimum of time away from the office.
Participants
also take advantage of group-rate hotels and
airfare
as well as on-the-spot U.S. embassy support.
Thorough
briefings on market requirements and business
practices
and interpreters' services are also provided.
Delegation
members pay their own expenses and a share of
the
operating costs of t event.
Trade
missions
Department
of Commerce trade missions are planned visits to
potential
buyers or clients overseas. Missions can be
undertaken
by firms individually or in an organized group.
Like
trade shows, trade mission require careful planning
and
attention to scheduling. Much of the planning and
coordination
is done for participants.
Commerce-sponsored
trade missions are carefully organized
and
planned achieve maximum results in expanding exports of
U.S.-produced
goods an services. They are usually composed
of
fewer than 12 but more than 5 U.S. business executives.
Catalog
exhibitions
U.S.
firms may test foreign markets, develop sales leads,
and
locate agents or distributors through catalog
exhibitions
sponsored by US&FCS in some instances in
conjunction
with the Department of State's foreign service
posts.
These exhibitions feature displays of a large number
of
U.S. product catalogs, sales brochures, and other
graphic
sales aids a up to 10 U.S. embassies and consulates
or
in conjunction with trade shows in a region. Commercial
staff
provide each participant with sale leads and a
visitors
list of all foreign buyers attending the event.
Because
it requires the exporter to make a much smaller
investment
tha a trade mission or other personal visits,
this
program is particularly well suited for use in
developing
markets. For more information contact a local
Commerce
district office or the Marketing Programs
Division,
Room 2119, Export Promotion Services, U.S.
Department
of Commerce, Washington, DC 20230; telephone
202-377-3973.
OTHER
DEPARTMENT OF COMMERCE PROGRAMS
Export
Development Offices (EDOs)
EDOs
in seven cities overseas provide a variety of programs
and
service to U.S. exporters. Staffed by US&FCS commercial
officers,
the EDOs are the principal U.S. export promotion
facilities
overseas. The primary role played by the
EDO
(in
conjunction with the US&FCS in the local U.S. embassy
or
consulate) is threefold:
1. It conducts or assists in market research in
the
country,
helping to identify specific marketing
opportunities
and to determine whi products have the
greatest
sales potential.
2. It conducts export promotion events in its
region that
have
been organized on the basis of market research
findings.
3. It helps organize participation of specific
U.S.
exporters
in the events.
Located
in Tokyo, Sydney, Seoul, Milan, London, Mexico
City,
and Sao Paulo, these offices organize and coordinate
a
range of export promoti programs, including on-site trade
shows,
U.S. pavilions in internation trade fairs, solo U.S.
exhibitions,
trade seminars, trade missions, catalog
exhibitions,
video and catalog exhibitions, and special
promotions.
Each EDO performs these functions only in the
country
in which it is located.
When
not being used to stage trade exhibitions, EDOs with
exhibit
and conference facilities frequently are made
available
to individual firm or associations. Facilities
can
be used for sales promotions, seminars and sales
meetings.
For a nominal fee, EDOs and some commercial
office
overseas also provide use of limited office space
for
traveling U.S. business representatives
as well as
local
telephone use, a market briefing, use of audiovisual
equipment,
and assistance in making appointments.
Major
projects program
This
program helps U.S. firms win contracts for planning,
engineering,
and constructing large foreign infrastructure
and
industrial systems projects, including equipment and
turnkey
installations. Assistance is provided when
requested
by a U.S. embassy, a prospective foreign clien or
a
U.S. firm, either to encourage U.S. companies to bid on a
particular
project or to help them pursue overseas
contracts.
Speed
and flexibility in developing a strategy for each
case
are essential elements in the assistance given U.S.
firms.
As circumstances warrant, the Office of International
Major
Projects mobilizes and coordinates appropriate
support
from other U.S. government agencies, including
foreign
service posts abroad. For further information,
contact
Office of International Major Projects, Room 2015B,
Trade
Development, International Trade Administration, U.S.
Department
of Commerce, Washington, DC 20230; telephone
202-377-5225.
Textile
and apparel export expansion program
In
recognition of the increasing importance of textile and
apparel
exports, Commerce has created this program to
encourage
and assist U.S manufacturers in initiating or
expanding
export sales, and to improve foreign market
access
for these products. To achieve these goals, the
program
does the following:
* Undertakes policy efforts to identify and
negotiate
away
foreign trade barriers and to examine other
methods
by which the environment for U.S. textile and
apparel
exports can be improved.
* Provides vehicles such as sponsoring trade
fairs and
trade
mission to improve exposure for U.S. textile and
apparel
firms and products in foreign markets.
* Provides information on overseas markets
and
counseling
on method of entering those markets, and
facilitates
the exchange of information between
industry
and government relevant to improving exports
of
U.S. textile and apparel products.
The
program is administered by the Market Expansion
Division,
Office of Textiles and Apparel; telephone
202-377-5153.
DEPARTMENT
OF AGRICULTURE FORIEGN AGRICULTURAL SERVICE
Through
a network of counselors, attaches, trade officers,
commodity
analysts, and marketing specialists, USDA's FAS
can
help arrange contacts overseas and provide promotional
assistance.
The programs and services offered are described
in
this section.
Commodity
and marketing programs
The
Commodity and Marketing area of FAS handles inquiries
for
specific commodity-related information. Each division
provides
support for analysis of consumption, trade,
stocks,
and so on, and marketing information. The six
divisions
and their telephone numbers are as follows.
1. Dairy, Livestock, and Poultry Division,
202-447-8031.
2. Grain and Feed Division, 202-447-6219.
3. Horticultural and Tropical Products
Division,
202-447-6590.
4. Oilseed and Oilseed Products Division,
202-447-7037.
5. Tobacco, Cotton, and Seed Division,
202-382-9516.
6. Forest Products Division, 202-382-8138.
High-Value
Product Services Division
The
High-Value Product Services Division's purpose is to
expand
overse markets for U.S. agricultural and food
commodities
and products throug a wide range of services,
which
are described in this section.
AgExport
Connections
AgExport
Connections provides information services to help
expand
and promote agricultural exports. It offers the
AgExport
Action Kit, which describes services available
from
USDA to help U.S. food and agricultural exporters.
Other
AgExport Connections services are as follows:
* Trade leads. These inquiries from overseas
buyers
looking
for U.S products are sent daily to USDA. From
2,500
to 4,000 trade leads are disseminated
domestically
each year. Trade leads may be obtained in
four
ways:
1. Trade Leads Fax Service. Exporters can
receive
categorized
trade leads by polling the AgExport
fax
machines each week. The faxed
information is
free,
but the company seeking the information
must
pay the cost of the call. Interested
companies
may obtain an information sheet an
directions
on how to poll the Trade Leads Fax
Service
units by faxing AgExport Connections at
202-472-4374.
2. AgExport Trade Leads. All trade leads are
published
in this weekly bulletin, which
also
highlights upcoming trade shows and
foreign
trade developments throughout the
world.
The 1991 subscription fee is $75. To
subscribe,
send a check payable to USDA-FAS
to
AgExport Connection Room 4939, South
Building,
Foreign Agricultural Service U.S.
Department
of Agriculture, Washington, DC
20250-1000;
telephone 202-447-7103, fax
202-472-4374.
3. Electronic trade leads. With a computer, a
modem,
and
communications software, exporters can
receive
trade leads electronically.
Information
on the different type of
services
and prices is available from
Computer
Information Delivery Systems,
Office
of Public Affairs, U.S. Department of
Agriculture,
Room 536-A, Administration
Building,
Washington, DC 20250-1000;
telephone
202-447-5505, fax 202-475-5396.
4. Journal of Commerce. Selected trade leads
received
by USDA a published several times
each
week in the "Agricultural Trade Leads"
columns
of the Journal of Commerce. For
subscription
information telephone
800-221-3777.
* Buyer Alert. This weekly newsletter and
free
advertising
service for exporters can help introduce
U.S.
food and agricultural products to foreign buyers.
Buyer
Alert reaches more than 9,000 buyers overseas.
Only
agricultural products (no equipment or services)
may
be announced in Buyer Alert. Each announcement
features
a product description, an optional indicator
price,
and specific firm information. To take
advantage
of the service, contact AgExport
Connections,
Room 4939, South Building, Foreign
Agricultural
Service, U.S. Department of Agriculture,
Washington,
DC 20250-1000; telephone 202-447-7103, fax
202-472-4374.
* Foreign Buyer Lists. The AgExport
Connection staff
maintains
a data base of approximately 17,000 foreign
firms
from more than 70 countries. These foreign firms
have
expressed interest in importing specific U.S.
food
and agricultural products. U.S. firms may obtain
these
lists to match their products with prospective
foreign
buyers. The Foreign Buyer Lists provide
company
name; contact nam address; and telephone, fax,
and
telex numbers. The lists may be ordered for a
specific
commodity for the entire world or by country
for
all commodities. In addition, Foreign Buyer Lists
may
be processed on cheshire or gummed labels. For
more
information or to order, contact AgExport
Connections,
Room 4939, South Building, Foreign
Agricultural
Service, U.S. Department of Agriculture,
Washington,
DC 20250-1000; telephone 202-447-7103, fax
202-472-4374.
Trade
Shows
The
High-Value Product Services Division also organizes
U.S.
pavilions at major international trade shows and
exhibitions.
These events provide a cost-effective way of
testing
a market, checking the competition, meeting foreign
buyers
and consumers, and establishing new contacts. The
Trade
Show Coordinators Office can assist U.S. exhibitors
with
obtaining a booth, advance publicity, product
shipment,
and customs clearance.
Trade
Assistance and Planning Office (TAPO)
The
USDA's TAPO provides a single point of contact in the
FAS
for agricultural exporters who need foreign market
information,
as well as for those who believe they have
been
injured by unfair trade practices TAPO can help U.S.
agricultural
exporters contact the appropriate offices of
federal
agencies that administer trade remedy laws, and it
may
be able to provide supporting data and information. The
office
prepares several annual reports that may be of
interest
to U.S. agricultural exporters. Contact
Trade
Assistance
and Planning Office, Foreign Agricultural
Service,
U.S. Department of Agriculture, 3101 Park Center
Drive,
Suite 1103, Alexandria, VA 22302; telephone
703-756-6001
AGENCY
FOR INTERNATIONAL DEVELOPMENT
AID
administers most of the U.S. foreign economic
assistance
programs. These programs offer export
opportunities
for U.S. suppliers of professional technical
assistance
services and commodities (goods, products,
equipment,
and material). Professional technical assistance
services
generally offer opportunities for consultant and
expert
capabilities in agriculture, nutrition, and rural
development;
education and human resources; health and
population;
and energy and environment assessment.
Opportunities
to export commodities are available through
the
commodity import programs that AID operates in selected
AID
recipient countries, and through AID's direct
procurement
of commodities. In addition, AID funds may be
available
to finance developmentally sound projects in
certain
recipient countries involving U.S. capital goods a
services.
U.S. exporters are best positioned to obtain
orders
by making the local purchasing agencies aware of
their
products at an early stage. For information on
available
funds, projects under consideration, and
contacts,
exporters traveling to developing countries where
an
AID program is in place may wish to visit the AID
mission
in the U.S. embassy.
For
the most part, AID advertises export opportunities for
both
professional technical assistance and commodities in
the
Commerce Business Daily, available through paid
subscription
from the Superintendent of Documents, U.S.
Government
Printing Office, Washington, DC 20402-9371.
Notices
of intended procurement of AID-financed commodities
are
also advertised in the AID Procurement Information
Bulletin,
available through free subscription from AID's
Office
of Small and Disadvantaged Business
Utilization/Minority
Resource Center (OSDBU/MRC),
Washington,
DC 20523-1414; telephone 703-875-1498.
TRADE
AND DEVELOPMENT PROGRAM
TDP
is an independent U.S. government agency that funds
feasibility
studies, consultancies, training programs, and
other
project-planning services in middle-income and
developing
countries and in Eastern Europe. Contracts
funded
by TDP grants must be awarded to U.S. companies,
thus
helping position potential U.S. suppliers of goods and
services
for follow-on contracts when these projects are
implemented.
Most
TDP funding is granted for feasibility studies in
sectors
that are of high priority to host governments:
agribusiness,
educational technology, electronics, energy,
minerals
development, telecommunications, transportation,
and
waste management. To ensure a satisfactory and useful
study,
the host governments play an active role in awarding
and
managing the contract.
In
addition, opportunities for technical consultants also
arise
in connection with definitional missions to
investigate
the scope of a project, develop a scope of work
for
a feasibility study, draw up a budget estimate, and
make
a recommendation concerning TDP support for the study.
TDP
selects qualified consultants through use of a
consultants
data base, for which U.S. small businesses are
encouraged
to register.
For
more information on TDP contact U.S. Trade and
Development
Program SA-16, Room 309, Washington, DC
20523-1602;
telephone 703-875-4357.
STATE
AND LOCAL GOVERNMENT ASDSISTANCE
Most
states can provide an array of services to exporters.
Many
states maintain international offices in major
markets;
the most common locations are in Western Europe
and
Japan. Working closely with the commercial sections of
U.S.
embassies in these countries, they can provide
assistance
in making contacts in foreign markets, providing
such
services as the following:
* Specific trade leads with foreign buyers.
* Assistance for trade missions, such as
itinerary
planning,
appointment scheduling, travel, and
accommodations.
* Promotional service for goods or services,
including
representing
the state at trade shows.
* Help in qualifying potential buyers,
agents, or
distributors. In addition, some international offices
of
state development organizations help organize and
promote
foreign-buyer missions to the United States,
which
can be effective avenues of exporting with
little
effort. Attracting foreign investment and
developing
tourism are also very important activities
of
state foreign offices.
BUSINESS
AND SERVICE ORGANIZATION CONTACTS
Contacts
made through business colleagues and associations
can
often prove invaluable to U.S. exporters. A colleague
with
firsthand experience in an international market may
give
a personal recommendation for an agent, distributor,
or
potential buyer. Conversely, the recommendation against
the
use of a representative for credit or reliability
reasons
may save the firm a number of problems. Attending
export
seminars and industry trade shows is an excellent
method
of networking with business people who have
international
experience. In addition, trade associations
can
provide a valuable source of contacts with individuals
who
may wish to share their experience of identifying and
selling
to buyers and representatives in foreign markets.
Banks
can be another source of assistance in locating
overseas
representation. The international departments,
branches,
or correspondent banks of U.S. banks may help
locate
reputable firms that are qualified and willing to
represent
U.S. exporters. In addition, freight forwarders,
freight
carriers, airlines, port authorities, and American
chambers
of commerce maintain offices throughout the world.
These
service firms often have contacts with qualified
representatives
and can make recommendations to the U.S.
firm.
Foreign embassy and consulate commercial offices may
also
be able to provide directories a assistance.
PROMOTION
IN PUBLICATIONS AND OTHER MEDIA
A
large and varied assortment of magazines covering
international
markets is available to exporters through
U.S.
publishers. They range from specialized international
magazines
relating to individual industries such as
construction,
beverages, and textiles, to worldwide
industrial
magazines covering many industries. Many
consumer
publications produced by U.S.-based publishers are
also
available. Several are produced in
national-language
editions
(Spanish for Latin America, and so on) and also
offer
"regional buys" for specific export markets of the
world.
In addition, several business directories published
in
the United States list foreign representatives
geographically
or by industry specialization.
Publishers
frequently supply potential exporters with
helpful
market information, make specific recommendations
for
selling in the markets they cover, help advertisers
locate
sales representation, and render other services to
aid
international advertisers. For an extensive list of
these
international publications see the International
Section
of Business Publication Rates and Data, a book
published
by Standard Rate and Data Service, 5201 Old
Orchard
Road, Skokie, IL 60077. Another publication, The
Gale
Directory, contains an even more complete list of
foreign
periodicals, but it provides less detailed
information
on circulation and rates. State
departments of
commerce,
trade associations, business libraries, and major
universities
may also provide these publications.
Television,
radio, and specially produced motion pictures
may
also be used by a U.S. business for promoting products
or
services, depending the country. In areas where programs
may
be seen and heard in public places, television and
radio
promotions offer one of the few means of bringing an
advertising
message to great numbers of people. In many
countries,
particularly in Latin America, various forms of
outdoor
advertising (billboards, posters, electric signs,
and
streetcar and bus cards) are widely used to reach the
mass
audience.
Because
of the specialized knowledge required to advertise
and
promote successfully in foreign markets, U.S. firms may
find
useful the services of a U.S. advertising agency with
offices
or correspondents abroad. Some U.S. agencies handle
nothing
but foreign advertising, and some marketing
consultants
specialize in the problems peculiar to selling
in
foreign markets. The International Advertising
Association,
Inc., 475 Fifth Avenue, New York, NY 10017,
can
provide names of domestic agencies tha handle overseas
accounts.
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