HOW TO PARTICIPATE IN INTERNATIONAL FAIRS? (I)

International trade fairs are nowadays an essential marketing tool, a great commercial window that must be part of the company’s sales strategy.

The exhibition and launching of new products in this type of events is an effective technique to gain many potential customers, taking advantage of limited time and space. They also help to optimize the relationship between salesperson and client, in a privileged environment for professional relations. All marketing variables are involved in this activity: the company presents its 4 Ps (products, price, distribution, promotion) to visitors and takes the opportunity to showcase its sales force in public.

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THE MOST TYPICAL MISTAKE WHEN STARTING OUT IN NIGERIA

TYPICAL APPROACH OF A SPANISH COMPANY TO ENTER NIGERIA

Contact with a Nigerian resident in Spain who convinces the company to try Nigeria based on the fabulous contacts he has and the amount of easy business waiting in Nigeria for European companies that understand the Nigerian system, i.e. commissions.

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ENTREPRENEUR, DO NOT FORGET HOW YOU STARTED YOUR COMPANY.

The strategy in foreign markets is essential to be successful, to achieve the positioning of the products and services of the companies in the foreign market. This strategy has little or nothing to do with the moment when the entrepreneur established his current company in the Spanish market. However, it has a lot to do with the attitude and mentality that led him to become an entrepreneur, to create his own company, his own life.

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Renaissance Africaine

WEST AFRICA, A LARGE MARKET FOR SPANISH COMPANIES

The WAEMU countries offer excellent business opportunities, not to mention their share of risks and complications. A good cocktail of preparation, time, resources, patience, perseverance, perseverance, humility, adaptation, flexibility and commitment will be essential to approach these markets successfully. That’s nothing! Complicated and time-consuming, but certainly possible.

The following are the most important guidelines to take into account when opening a market in West Africa, not necessarily in order of importance.

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CHINA TO LOWER IMPORT TAXES TO BOOST CONSUMPTION

The Chinese government will reduce taxes on imports to boost domestic demand.

China thus intends to promote a restructuring towards an economy more based on domestic consumption and less on investment, says the Chinese State Council (Executive) in a statement issued by the official Xinhua news agency after a meeting chaired by the Premier, Li Keqiang.

Among the measures adopted, the tax on imports of goods in high demand by the Chinese market will be lowered, which will be adopted before June and is expected to be extended later. Taxes on the purchase of clothing and cosmetic products will also be lowered.

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EXPORTING OR INTERNATIONALIZING (I): THE IMPORTANT THING IS THE STRATEGY

We already know that one of the ways out of the Spanish crisis for our companies is to export, but how can this be achieved?

One of the most important aspects to achieve international success is to first understand that selling abroad is a process, a path that must be followed with a firm step and a long-term mindset. Moreover, success does not even consist of exporting, if we understand it as one or several isolated sales, since in order to succeed in the international environment it is necessary to consolidate the brand in each territory, make it known and move forward with it and with the needs of consumers in each country. Exporting is selling, internationalization is being there, having a presence, and being a company integrated in the target market. Read more

City gate by Alex Andreyev

OFFICIAL NATIONAL AND INTERNATIONAL TRADE ORGANIZATIONS

Last week and by chance of life, I had the good fortune to cross paths with Mr. César Lajud, professor of International Economics at the European University of Madrid whose professional career and sense of humor earn my full admiration. Talking and crumbling all kinds of topics between jokes and Cokes, he turned out to give me a few very useful keys to better understand the functions of the main trade organizations that exist in the world. I found the conversation so interesting that I wanted to
I wanted to share here everything I learned that day.

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WELCOME TO THE ACOCEX BLOG

As fate would have it, a conversation that started in one way, ended in the invitation to create a Collaborative Blog among ACOCEX members on Economics and International Markets. Excellent!

The development of Spanish SMEs and thinking internationally is the most real solution that this country has to get out of the crisis that slows the growth of many of our companies.

The origin of Foreign Trade is economic and natural, since it was born out of the need to sell and share, to make products available to the world, which has allowed mankind to develop the economy since agriculture existed.

Translated with www.DeepL.com/Translator (free version)

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