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December 3, 2010   www.global-arena.com   1
What are we going to cover
   Title:          Effective online       promotion   strategies.
                              Subtitle:
   Agency   website comparison best practices. and




03 December 2010               www.global-arena.com                 2
Thesis
   An effective online FDI strategy increases opportunity
    and reduces foreign investment transaction cost for
    the investor and the investment promotion agency.

                                        DealMaker

                                                  S pecific
                                                  M easurable
                                                  A chievable
                                                  R ealistic
                                                  T imely




03 December 2010           www.global-arena.com                 3
Approach

       What is our goal for this training?

       What are the key common challenges of online FDI business?

       Problem thesis

       Lets look at some examples of the challenges (discretely)

       Possible responses how we can address the challenges

       Example of solution approaches (enthusiastically)

       Recommendation and hand-out of best practice guideline




December 3, 2010                   www.global-arena.com             4
Training goals
   For your training:

      Share a set of low-cost high-impact best practices for
                    areas of online innovation


   For your clients:

       Provide the essential information to all relevant prospective
       investors to have a decisive influence on the clients’ foreign
                       investment decision making.




December 3, 2010                www.global-arena.com                    5
Why it matters
                   Well, since you’re here so it appears to matter to you.

   There is also a business case for a holistic online strategy:

   • Clients’ “online” expectation

   • Changing global FDI patterns

   • Increasing complexity and competition

   • Get more and better FDI deals

   • Help clients decide for your location

   • Increase speed of deal making

   • Reduce the transaction cost


03 December 2010                        www.global-arena.com                 6
Effective online strategy
                        The approach




December 3, 2010           www.global-arena.com
                           www.global-arena.com
                                    l             7
The 15 key challenges of online FDI business

   1. Research shows that 70% of IPA’s fail to respond effectively to <online> inquiries;
   2. Inquiry response process is not standardized and lacks quality assurance;
   3. Not engaging the client how he expects it and with what he needs;
   4. The technical difficulty of reaching your target clients online;
   5. Content is not aligned with the client problem and his decision making process;
   6. Partial or fragmented coverage of the clients’ investment process (life cycle);
   7. Focus is more “about us” and the IPA processes than on the client needs;
   8. Investor relationship management is overlooked;
   9. Communication is impersonal and not localized;
   10. Strategic economic development focus not clearly defined or implemented;
   11. Content is not aligned with economic strategy and related priorities;
   12. Insufficient understanding of the IPA’s competitive environment;
   13. Business eco-system of focus areas not sufficiently covered with information;
   14. Claims are not or insufficiently objectified and fear of comparison;
   15. Constant increase of complexity and competition.


03 December 2010                       www.global-arena.com                                 8
Our point of view
   1. An unstructured inquiry response process that lacks standardisation is the single
       biggest obstacle for any effective online FDI business strategy.
      No time, not enough resources, not enough budget and not the right capabilities are all
          symptoms of strategic misalignment.


   2. An effective online strategy spans the entire investment process and thus your
       entire business process.
      If we hold this true than “online” is not a marketing task but a business priority.


   3. Outsourcing and out-tasking is one effective response for an IPA to get access to
       private sector experience, innovation and speed.
      Because in-house capabilities are equally important as problematic concerning “online”.


   4. Complexity will increase further and faster!
      Next in line are China promotion and global pro-active investor acquisition; Corporate
         investors planning to move to bidding and auctioning of their FDI projects; diminishing
         investor loyalty and most important global talent supply and demographics.



03 December 2010                             www.global-arena.com                                  9
Examples of some of the challenges

   1. Deal = content X reach X perception X emotion
   2. The consultants (gatekeepers) - They do not deal
      nor think in emotions or perceptions
   3. About us; our services; how we work;
   4. Nr. 4 is so NOT good that I gave it its own dedicated
      slide




03 December 2010           www.global-arena.com               10
If you cannot manage email than you might as
   well raise as much hurdles as possible:




03 December 2010      www.global-arena.com        11
Examples of the challenges
   4.      No focus on key business eco systems and related opportunities
   5.      Not easy to do business
      •      Global Investment Promotion Benchmark?
      •      IFC Investment Promotion Essentials study?
   Our experience adds this:
   •   70% of email never gets answered – trend negative
   •   70+% of online forms are never responded to - trend negative
   •   70% of telephones not answered or no action – trend negative
   But
   •   70+% of LinkedIn mail gets answered – trend positive
   •   Why? Because we consider it PERSONAL
   •   Your biggest opportunity is your Creative & Entrepreneurial
       community


03 December 2010                       www.global-arena.com                 12
Solution best practices

   The Basics - rational assets and facts
   • Connect - just-in-time 24X7
   • Pass the gatekeeper
   • Competitive – Comparative – Transparent
   • Extension and expansion are also about your
     business case

   Case study - ThinkLondon




03 December 2010         www.global-arena.com      13
Solution best practices

   Story telling - rational assets and facts
   • Define your keyword epigraph – your brand language
   • Talk business – opportunity language

   Case study
   www.czechinvest.com
   pronicaragua




03 December 2010         www.global-arena.com             14
Making it personal

   By people – for people
   • FDI decisions are about life
   • FDI decisions are about trust
   • FDI decisions are about talent that you should get

   Case study
   Bahrain




03 December 2010          www.global-arena.com            15
Social media is a multiplier

  World Bank President Robert Zoellick's recent note to staff:
  "Make no mistake about it: this is no longer your grandfather’s
  World Bank. But we need to continue to change."




03 December 2010            www.global-arena.com                16
Social media impact for Global-Arena.com




03 December 2010    www.global-arena.com      17
Make it EASY

   To invest and to keep invesing
   • Both CRM and IRM

   Case study
   Croatia
   Touchdown London
   Czechinvest partnership program




03 December 2010          www.global-arena.com   18
The DealMaker circle of investor and FDI influence                                        (   Relative to the clients’
                                                                                                  Investment Process        )
                                        Company FDI
You now depend on:
                                       Initiative starts
 Your online exposure
 Managed perceptions         Together we manage the clients’
 Brand recognition           extension and expansion
                                                                                The client needs
 Meaningful focus        Long-list selections
 Presenting facts                                                               capabilities and
                             are made                                              expertise
                                                                             Your CRM process starts
                                                               Client issues here
            Here you set the rules and
                                                                       tender
            raise the bar with your      Tailor made and Personal
            Comparative Profile                  Deal               Be absolutely personal          Client defines needs,
   Client creates                               Making              from here                        requirements and
 tender document                                                 Client processes                   drafts business case
                               Short-list           MAKE IT EASY inquiry responses
                               selections             To make the
                                                       difference
                                                  Location
                     Client involves               ratings
                                                                                  Quality information
                   external expertise                                               is hard to obtain
                        and data
                                                Systematic option
  Make it personal as early in the              comparison proofs                 This is the point where you
  client engagement process as                       difficult                    create your first head-start
  possible, leveraging your Blog and                                              advantage using Comparative
  Social Media initiatives                                                        Ranking


03 December 2010                                     www.global-arena.com                                                       19
Five recommendations
   1. Accept that you will have more work and learning to do before you
      can get to the aspired business outcome – it is hard work;
   2. The solution will consist of a multitude of platforms and technologies
      providing you multiple channels for different market-sector
      combinations;
   3. Consider it a journey and respect the goal; Mount Everest is possible
      if planned in 20,000 steps with 6 camps by a trained and determined
      team. But the weather finally allows it to happen. Tip: if the weather (read as
        your political circumstances) are no good do something else.

   4. You will only succeed if the team learns to take pleasure from results
      and progress on a daily basis – plan small steps.
   5. Start the journey with your clients and involve them in your process.




03 December 2010                               www.global-arena.com                     20
Thank you




December 3, 2010   www.global-arena.com   21
The company
                   Global-Arena.com




December 3, 2010        www.global-arena.com
                        www.global-arena.com
                                 l             22
Our playing field
   Global Arena is the leading
    innovator in online FDI business
      •   Free & Premium services
      •   Global coverage
      •   ChinaConnect initiative
      •   OpportunityConnect initiative
   Solutions for private & public sector:
   • Business Clusters
   • Business Parks
   • Commercial Real Estate
   • City development agencies
   • Regional development agencies
   • Metropolitan development agencies
   • National Promotion agencies



03 December 2010                          www.global-arena.com   23
Background and status
   • 2003 University of Ghent develops a Scientific Algorithm Solution for resource
     allocation, sponsored by Hewlett-Packard

   • 2003-2008 Scientific Algorithm Solution deployed in HP and other blue chip
     companies.

   • 2008 Global-Arena.com is founded to create an online capability

   • October 2009 www.global-arena.com goes live : We found a robust online
     translation of our algorithm

   • Today, we currently promote 53 countries with a total of 814 business
     locations. By the end of 2010, the number will increase over 1000.

   • Actual Google Page Ranking : 231.00 (expect yours to have 7 digits)


03 December 2010                        www.global-arena.com                          24
The future of FDI deal-making is online
   • The most powerful and low cost way of global resource allocation

   • Fast becoming the defacto FDI deal making platform for investors

   • Enable global reach without a global organization

   • Engaging online solutions differentiate and drive innovation

   • Reduces FDI transaction cost

   • Competition and transparency always lead to better economics

   • The most effective networking




03 December 2010                      www.global-arena.com              25

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Global arena.com fdi online marketing

  • 1. December 3, 2010 www.global-arena.com 1
  • 2. What are we going to cover Title: Effective online promotion strategies. Subtitle: Agency website comparison best practices. and 03 December 2010 www.global-arena.com 2
  • 3. Thesis An effective online FDI strategy increases opportunity and reduces foreign investment transaction cost for the investor and the investment promotion agency. DealMaker S pecific M easurable A chievable R ealistic T imely 03 December 2010 www.global-arena.com 3
  • 4. Approach What is our goal for this training? What are the key common challenges of online FDI business? Problem thesis Lets look at some examples of the challenges (discretely) Possible responses how we can address the challenges Example of solution approaches (enthusiastically) Recommendation and hand-out of best practice guideline December 3, 2010 www.global-arena.com 4
  • 5. Training goals For your training: Share a set of low-cost high-impact best practices for areas of online innovation For your clients: Provide the essential information to all relevant prospective investors to have a decisive influence on the clients’ foreign investment decision making. December 3, 2010 www.global-arena.com 5
  • 6. Why it matters Well, since you’re here so it appears to matter to you. There is also a business case for a holistic online strategy: • Clients’ “online” expectation • Changing global FDI patterns • Increasing complexity and competition • Get more and better FDI deals • Help clients decide for your location • Increase speed of deal making • Reduce the transaction cost 03 December 2010 www.global-arena.com 6
  • 7. Effective online strategy The approach December 3, 2010 www.global-arena.com www.global-arena.com l 7
  • 8. The 15 key challenges of online FDI business 1. Research shows that 70% of IPA’s fail to respond effectively to <online> inquiries; 2. Inquiry response process is not standardized and lacks quality assurance; 3. Not engaging the client how he expects it and with what he needs; 4. The technical difficulty of reaching your target clients online; 5. Content is not aligned with the client problem and his decision making process; 6. Partial or fragmented coverage of the clients’ investment process (life cycle); 7. Focus is more “about us” and the IPA processes than on the client needs; 8. Investor relationship management is overlooked; 9. Communication is impersonal and not localized; 10. Strategic economic development focus not clearly defined or implemented; 11. Content is not aligned with economic strategy and related priorities; 12. Insufficient understanding of the IPA’s competitive environment; 13. Business eco-system of focus areas not sufficiently covered with information; 14. Claims are not or insufficiently objectified and fear of comparison; 15. Constant increase of complexity and competition. 03 December 2010 www.global-arena.com 8
  • 9. Our point of view 1. An unstructured inquiry response process that lacks standardisation is the single biggest obstacle for any effective online FDI business strategy. No time, not enough resources, not enough budget and not the right capabilities are all symptoms of strategic misalignment. 2. An effective online strategy spans the entire investment process and thus your entire business process. If we hold this true than “online” is not a marketing task but a business priority. 3. Outsourcing and out-tasking is one effective response for an IPA to get access to private sector experience, innovation and speed. Because in-house capabilities are equally important as problematic concerning “online”. 4. Complexity will increase further and faster! Next in line are China promotion and global pro-active investor acquisition; Corporate investors planning to move to bidding and auctioning of their FDI projects; diminishing investor loyalty and most important global talent supply and demographics. 03 December 2010 www.global-arena.com 9
  • 10. Examples of some of the challenges 1. Deal = content X reach X perception X emotion 2. The consultants (gatekeepers) - They do not deal nor think in emotions or perceptions 3. About us; our services; how we work; 4. Nr. 4 is so NOT good that I gave it its own dedicated slide 03 December 2010 www.global-arena.com 10
  • 11. If you cannot manage email than you might as well raise as much hurdles as possible: 03 December 2010 www.global-arena.com 11
  • 12. Examples of the challenges 4. No focus on key business eco systems and related opportunities 5. Not easy to do business • Global Investment Promotion Benchmark? • IFC Investment Promotion Essentials study? Our experience adds this: • 70% of email never gets answered – trend negative • 70+% of online forms are never responded to - trend negative • 70% of telephones not answered or no action – trend negative But • 70+% of LinkedIn mail gets answered – trend positive • Why? Because we consider it PERSONAL • Your biggest opportunity is your Creative & Entrepreneurial community 03 December 2010 www.global-arena.com 12
  • 13. Solution best practices The Basics - rational assets and facts • Connect - just-in-time 24X7 • Pass the gatekeeper • Competitive – Comparative – Transparent • Extension and expansion are also about your business case Case study - ThinkLondon 03 December 2010 www.global-arena.com 13
  • 14. Solution best practices Story telling - rational assets and facts • Define your keyword epigraph – your brand language • Talk business – opportunity language Case study www.czechinvest.com pronicaragua 03 December 2010 www.global-arena.com 14
  • 15. Making it personal By people – for people • FDI decisions are about life • FDI decisions are about trust • FDI decisions are about talent that you should get Case study Bahrain 03 December 2010 www.global-arena.com 15
  • 16. Social media is a multiplier World Bank President Robert Zoellick's recent note to staff: "Make no mistake about it: this is no longer your grandfather’s World Bank. But we need to continue to change." 03 December 2010 www.global-arena.com 16
  • 17. Social media impact for Global-Arena.com 03 December 2010 www.global-arena.com 17
  • 18. Make it EASY To invest and to keep invesing • Both CRM and IRM Case study Croatia Touchdown London Czechinvest partnership program 03 December 2010 www.global-arena.com 18
  • 19. The DealMaker circle of investor and FDI influence ( Relative to the clients’ Investment Process ) Company FDI You now depend on: Initiative starts Your online exposure Managed perceptions Together we manage the clients’ Brand recognition extension and expansion The client needs Meaningful focus Long-list selections Presenting facts capabilities and are made expertise Your CRM process starts Client issues here Here you set the rules and tender raise the bar with your Tailor made and Personal Comparative Profile Deal Be absolutely personal Client defines needs, Client creates Making from here requirements and tender document Client processes drafts business case Short-list MAKE IT EASY inquiry responses selections To make the difference Location Client involves ratings Quality information external expertise is hard to obtain and data Systematic option Make it personal as early in the comparison proofs This is the point where you client engagement process as difficult create your first head-start possible, leveraging your Blog and advantage using Comparative Social Media initiatives Ranking 03 December 2010 www.global-arena.com 19
  • 20. Five recommendations 1. Accept that you will have more work and learning to do before you can get to the aspired business outcome – it is hard work; 2. The solution will consist of a multitude of platforms and technologies providing you multiple channels for different market-sector combinations; 3. Consider it a journey and respect the goal; Mount Everest is possible if planned in 20,000 steps with 6 camps by a trained and determined team. But the weather finally allows it to happen. Tip: if the weather (read as your political circumstances) are no good do something else. 4. You will only succeed if the team learns to take pleasure from results and progress on a daily basis – plan small steps. 5. Start the journey with your clients and involve them in your process. 03 December 2010 www.global-arena.com 20
  • 21. Thank you December 3, 2010 www.global-arena.com 21
  • 22. The company Global-Arena.com December 3, 2010 www.global-arena.com www.global-arena.com l 22
  • 23. Our playing field Global Arena is the leading innovator in online FDI business • Free & Premium services • Global coverage • ChinaConnect initiative • OpportunityConnect initiative Solutions for private & public sector: • Business Clusters • Business Parks • Commercial Real Estate • City development agencies • Regional development agencies • Metropolitan development agencies • National Promotion agencies 03 December 2010 www.global-arena.com 23
  • 24. Background and status • 2003 University of Ghent develops a Scientific Algorithm Solution for resource allocation, sponsored by Hewlett-Packard • 2003-2008 Scientific Algorithm Solution deployed in HP and other blue chip companies. • 2008 Global-Arena.com is founded to create an online capability • October 2009 www.global-arena.com goes live : We found a robust online translation of our algorithm • Today, we currently promote 53 countries with a total of 814 business locations. By the end of 2010, the number will increase over 1000. • Actual Google Page Ranking : 231.00 (expect yours to have 7 digits) 03 December 2010 www.global-arena.com 24
  • 25. The future of FDI deal-making is online • The most powerful and low cost way of global resource allocation • Fast becoming the defacto FDI deal making platform for investors • Enable global reach without a global organization • Engaging online solutions differentiate and drive innovation • Reduces FDI transaction cost • Competition and transparency always lead to better economics • The most effective networking 03 December 2010 www.global-arena.com 25