How-to guides
Eighteen ways into a new market, step by step.
How to export, find a distributor, license what you own, set up a subsidiary or hire abroad without a company of your own. Each guide says how companies do it, with its sources, and what Promote:Global does at each step.
These are the eighteen routes a project can take in Promote:Global, in the product’s four groups. Each is rated for commitment, control and risk from 1 to 5, the way the iPhone app rates it when you choose it. The ratings are general, for the route, not for your own case.
Every route, by levels of commitment
Selling through a trading company at home commits you least; buying a company abroad, or building your own operation there, commits you most.
| Commitment | 1 · Lower commitment | 2 | 3 | 4 | 5 · Higher commitment |
|---|---|---|---|---|---|
| Export-based | |||||
| Contractual | |||||
| Investment / FDI | |||||
| People-led |
| 1 · Lower commitment | 2 | 3 | 4 | 5 · Higher commitment |
|---|---|---|---|---|
| Export-based | ||||
| Contractual | ||||
| Investment / FDI | ||||
| People-led | ||||
Each group runs from 1 · Lower commitment at the top to 5 · Higher commitment at the foot.
Export-based
- Commitment 1
- Commitment 2
- Commitment 3None
- Commitment 4None
- Commitment 5None
Contractual
- Commitment 1None
- Commitment 2
- Commitment 3
- Commitment 4None
- Commitment 5None
Investment / FDI
- Commitment 1None
- Commitment 2None
- Commitment 3
- Commitment 4
- Commitment 5
People-led
- Commitment 1
- Commitment 2
- Commitment 3
- Commitment 4None
- Commitment 5None
Group 1 of 4
Export-based
Sell into the market: the lowest commitment and the fastest start.
Direct exporting
How to export goods
Sell goods straight to a customer abroad and run the export yourself: market, duty, price, payment, documents, shipping.
Commitment
Control
Risk
Indirect exporting
How to export through a trading company
Sell through an export intermediary at home that does the export work for you, for a margin or a fee.
Commitment
Control
Risk
Distributor
How to find a distributor abroad
Find, check and appoint an in-market partner who buys your goods and resells them.
Commitment
Control
Risk
Sales agent
How to find a sales agent abroad
Find, check and appoint an agent abroad who wins orders for a commission while you keep the sale.
Commitment
Control
Risk
Online marketplace
How to sell on international marketplaces
Sell to buyers abroad through online marketplaces, with the platform’s audience, payments and often fulfillment.
Commitment
Control
Risk
Group 2 of 4
Contractual
Let a partner abroad use your IP, brand, format or expertise, for royalties or fees.
Licensing
How to license your IP abroad
Let a firm abroad make or sell under your patent, trademark or know-how, for royalties, while you keep ownership.
Commitment
Control
Risk
Franchising
How to franchise internationally
License your whole business format to operators abroad, directly or through a master franchisee, for fees and royalties.
Commitment
Control
Risk
Contract manufacturing
How to find a contract manufacturer abroad
Have a factory abroad make your product to your specification, while you keep the design, the brand and the customers.
Commitment
Control
Risk
Turnkey project
How to deliver a turnkey project abroad
Design, build and hand over a working facility abroad, from the tender to the end of the warranty.
Commitment
Control
Risk
Management contract
How to win a management contract abroad
Run a hotel, utility or other operation that someone else owns abroad, for a base fee and a fee tied to results.
Commitment
Control
Risk
Group 3 of 4
Investment / FDI
Establish your own presence: the highest commitment and control.
Greenfield investment
How to make a greenfield investment abroad
Build your own plant, warehouse or center from the ground up: site, permits, utilities, construction and commissioning.
Commitment
Control
Risk
Acquisition (M&A)
How to acquire a company abroad
Buy an existing business abroad, by its shares or its assets, through due diligence, approvals and a planned integration.
Commitment
Control
Risk
Joint venture
How to form an international joint venture
Set up a business abroad with a local partner, sharing ownership, control, risk and profit in a company or under a contract.
Commitment
Control
Risk
Strategic alliance
How to form a strategic alliance abroad
Cooperate with a company abroad on a bid, a product or a market under a contract, with no new company and no shared equity.
Commitment
Control
Risk
Wholly-owned subsidiary
How to set up a subsidiary abroad
Form a company of your own in a new country: legal form, directors, parent documents, capital, registration, tax and filings.
Commitment
Control
Risk
Group 4 of 4
People-led
Build a presence through people, often without a company of your own there.
Local hire via EOR
How to hire abroad without an entity
Employ people in a new country through an employer of record, before you have a company there.
Commitment
Control
Risk
Remote / distributed team
How to build a remote team abroad
Work with contractors and remote employees in other countries, without a company where they live.
Commitment
Control
Risk
Secondment
How to send employees abroad
Send your own people to work in a new market for a set time: permits, social security, tax and the return.
Commitment
Control
Risk
Not sure which route fits?
On iPhone, the route advisor asks four short questions, about what you offer, how much you can invest, how much control you want and how long you plan to stay, and ranks up to three routes for your market. On the web and on iPhone, Meridian, the built-in AI assistant, can recommend a route for a project with its reason, and nothing is set until you accept it.
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