Many companies repeat the same errors when they try to sell in new countries. Ask yourself:
- Do you use large, impressive market figures without understanding your true addressable market?
- Do you assume a product that works in one country will work in any other?
- Do you know why big companies like Walmart in Germany or Uber in China failed?
To act on bad information is worse than acting on no information at all. It is a plan for failure.
How to Get the Facts You Need.
This is not a talk about theories. It is a guide to a clear method for finding facts. In this webinar, you will learn:
- Why companies fail: See the true reasons why companies fail abroad, and how to avoid them.
- How to size your market: Learn to tell the difference between the total market (TAM) and the part of it you can sell to (SOM). This will make your plans honest.
- The McDonald's example: See how McDonald's changes its food to suit the country it is in, and why this research is the key to its success.
- How to get honest answers: Learn to combine the right research methods to uncover the truth across cultures - not just what people think you want to hear.
- A clear research method: Discover a step-by-step way to identify the right research questions at every stage of your product journey.
- Good interviewing: Learn simple ways to test your product and conduct interviews so you gather useful facts.
Know the Facts Before You Spend the Money.
A good product is not enough. You need a good plan based on true facts. This webinar will show you how to get them. Register to learn how to sell your products in other countries.