14. WHERE To Go
• Make a Plan!
– Current clients / demand?
– Test Markets / Improve Pitch
– Accessible markets first, time zones matter
• At launch…. Engage!
– Give it time … it takes a year
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15. WHERE To Go
What NOT TO DO
• ‘Elephant hunting’
• Over-invest in a new region before proven
• Follow / imitate the pack
Plan --- Prepare --- Test --- and only then Invest
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17. Strategic Options for Enterprise SW
1. Sell Direct from Home Country
2. Sign Local Channels
3. Set Up Foreign Offices
4. Contract with ‘On-Demand’ Sales Professionals
19. Months 1 - 3 4 - 6 7 - 9 10 - 12 2nd year
Budgeting Rent office Recruit staff Engage Market ^ First revenues
Sign Team Engage Market ^ First revenues
Contract
Faster-to-Market
6-12 months Time Savings
Employment
20. 1 - 3 4 - 6 7 - 9 10 - 12 2nd year
Normal
Employment
ROI
Contract
Team
Commission
Base Fee
COST SAVINGS
LOWER RISKS: Wrong hires; Market not ready; Employment laws; Capital risk; Mgmt & Staff disruption
21. • Account Director
Local Contacts & Support
– Local language, laws & customs
– Enterprise & Channel contacts & influence
• Sales Agency support
– Local Management with Contacts
– Local Marketing support
– Local SEs
It takes a Village …