Why Export?
Businesses
enter the field of exporting for many and varied reasons, not
the least of which might be to extend the market for a product
that has proved popular on a domestic level. If the product
or service is applicable to a wider market and it has been
tested in the UK, chances are exporting it will prove similarly
profitable. Not so good a marketing strategy however, is the
decision to export something because it has not proved popular
in the domestic marketplace.
Some businesses
begin with export marketing included in their corporate plan;
others slip gradually into exporting, perhaps having been approached
by an overseas buyer with whom a profitable business relationship
emerges, and it subsequently becomes clear that other exporting
avenues might also prove profitable.