You are now successfully exporting to your first market. Now begin to build on this success and grow your exports.
You will now have built up a good relationship with the overseas market team and keeping up to date on buyer trends and external factors impacting these trends will enable you to stay competitive.
Factors to consider in your plans to scale exports:
1. Resources
Do you have the necessary resources both in terms of staff and finance to meet the demand of a new market?
2. Capacity
Do you have the manufacturing, packaging, logistics, linguistic capacity?
3. Environmental
Have you considered your carbon footprint; requirements of buyers?
4. Sustainable Growth
How will this impact your current financial standing? Will it strengthen or dilute your position in the market?
5. Adjacent Markets
Is there potential in the adjacent markets where buying patterns, pricing and local regulations may be similar?
How can Enterprise Ireland support your growth?
If you are are already supported by Enterprise Ireland you can contact your Development Advisor here.
The Market Research Centre provides access to world class research databases to help client companies make better, more informed business decisions. Contact the Market Research Centre here.
Enterprise Ireland hosts events to assist companies’ growth plans – See our events calendar for details.
Our Market pages and Going Global guides provide expert insights and contact details for our overseas offices.
Learn how our Exporter Development team can support your growth.