Can You Go Back To The Old Super Destiny 2 Internet Marketing In Asia – Creating A Real International Business

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Internet Marketing In Asia – Creating A Real International Business

Don’t Look For International Partners Before You Read This!

Ok… I apologize if that sounded melodramatic, but the truth is that this article could save you hundreds of thousands, if not millions, when it comes to creating a real international business.

Most of you may have already started a website, and think it is “international”. Well, think again! Any new person of culture or nationality you meet online may avoid you simply because you do not have a presence in the country the visitor is from. Don’t be surprised by these interesting concerns:

#1 – No local phone number, no business!

If your website doesn’t have a number where someone can reach you, it’s already a disadvantage. What blows many people away is the fact that they cannot reach you in their own country. This is especially so when there is high skepticism with online purchases – and you have probably already considered that everyone is willing to buy online.

#2 – No support during local hours, no business!

If you cannot provide support during local business hours, you will also lose. Especially in places like Singapore, where customers are sensible enough to carry out checks to protect their business interests, you will expect a higher level of scrutiny among the skeptics on the internet.

#3 – Autoresponder only? No business!

Gee. Is this really so hard to understand? Get yourself an international number. If necessary, open a representative office when you decide that your business is serious enough to go far.

But for many people, they will balk at the idea of ​​doing this. It is difficult, knowing that there are many people who really do not have the financial resources. However, there is a better way to do this – strategic business partnerships.

Are You Really Talking About JVs?

No. Gone are the days where JVs really mean anything. Don’t get me wrong – they are indeed very important people, and you shouldn’t consider them to be ‘passing’. It’s just part of an overall strategy. You really need to create a strong alliance with people who are willing to bring money to the table, not just a great affiliate. If there’s something you want to build in an area you’re not familiar with, or a place you can’t really take advantage of, consider rewarding partners for doing things.

These partners must be able to help you either with culture, infrastructure, resources or presence. In either case, the ability to create this will undoubtedly generate more synergy than you think. Our own partnerships have raised the tune of millions of dollars, and we are constantly looking at ways to maximize the business we have created further.

Find Partners

In my blog, I talked about finding partners and how difficult it can be. Here are my considerations when looking at partners.

#1 – a clear win-win advantage

It doesn’t make sense if someone doesn’t provide exceptional value. There are so many people who could go to you and say “let’s do business”. Why should you? You really have to consider the value of a win-win relationship because both of you have to make money for a business to survive. Yes, it is important, but it is NOT the only thing!

I’ve seen a lot of small-time competitors repeating the things we do, and it doesn’t seem to make sense financially when we work out their numbers. They are not making enough money to create a joint venture relationship that is truly sustainable. If I want to get a seminar speaker to the region, or a published author on an Asian book tour, I want to make sure I don’t go broke, and neither does my partner!

#2 – stable trading fund

If you are looking for a business to work with, they should already have a proven business foundation. Obviously, it’s better that they have a vested interest in doing this together, and that there will be some kind of commitment to entering into a partnership. Does your current partner know how to handle the finances? Does your partner have the ability to handle worst case scenarios in the business venture? Finally, you also need to see a track of them working with other people. The last thing you want to do is have people who know absolutely nothing about working with partners!

#3 – innovative and time tested

Did I say time-tested? Oh. That probably eliminated 95% of your list of potential business partners. Again, I’m talking about the physical investment you intend to put into your strategic business partnership. Your partners must demonstrate their ability to run their business in a fairly innovative way. You will recognize this from their failures and their ability to bounce back from them.

#4 – open communication

A strategic business ally must be willing to open communication. This one is especially important because without it, assumptions accumulate and this creates a much better working relationship over time. I’ve worked with partners who don’t communicate, and those who actually do, but there’s little doubt that communication facilitates solutions, even in the face of problems.

This means you need to get someone you can really be honest with – and this is a commodity that isn’t really for sale. You can’t buy a good partner: you can only connect with people with whom you can comfortably build a decent business.

#5 – not overloaded with current responsibilities

The worst that can happen is that the business you work with is filled with a series of its own responsibilities and is unable to focus its priorities on you. This will be quite harmful! I would recommend that you make sure that resources are allocated as part of your agreements so that you don’t get involved in a “fallback” agreement where you end up doing everything on your own.

Usually, all these things are ignored before the excitement of a project idea. Listen – design ideas are a dime a dozen. Don’t just jump into a joint venture simply because you’re high. Establish yourself so that your project idea can bear fruit based on solid foundations of partnership.

Typical Concerns You Should List

You should evaluate this on your own or with third parties you trust.

#1 – does your partner pay quickly and promptly?

If a partner delays payment, I am not suggesting that he is a bad person. I just wonder how much of his operational capabilities are actually optimized. After all, you have to worry that this person could do the same to the end customer.

#2 – is your partner focused on profits or service?

I know many people who admit to hating customer service on the internet. They don’t want to have anything to do with it because it’s boring. Well, why wouldn’t it be? It’s about the human relationship. If people are afraid of providing good after-sales service, it can also mean that they will not want to continue a conversation with you.

#3 – does your partner know key performance indicators other than just profit?

I like asking this question because it tests your ability to stay focused on your partnership outcome. If you are a strong partner, you will find ways to maximize your relationship rather than just using another person’s relationship to create profit. You could focus on total number of subscribers. You could focus on testimonials that come. For instance, if you’re in a budding relationship, you might want to build a set of performance indicators for each other and commit to that in writing.

In writing? Yes – in writing. Breach of contract, honestly, is something that happens all the time in the world of business. However, if people are willing to accept the contract and do this it means they will be more committed. These are people I accept. If the people I work with don’t live up to the contract, I don’t fire them. I just approach the next venture very, very carefully.

#4 – is your partner willing to commit effort/money?

Ok – I definitely appreciate people who are willing to put their money where their mouth is. In other words, your potential partner must be willing to do certain things to earn their keep. what is that Are they making any effort? How is that measured? How will a partner know that he or she is actually living up to it?

If I were a partner, I would like to know what expectations my partners have of me, and communicate this. Often, when a company is valued and the valuations are done, then a business proposal is made to invest resources in them. Once this is done, you do whatever it takes to make your goals happen.

Conclusion

A strategic business alliance is difficult in these times. There is jealousy, backstabbing and lying that goes on in the background of any business. However, if you are able to establish the reputation, credibility and trust within a group of people, it will be very likely that you will build much more than just a joint venture relationship. Taking an alliance to the next level requires a lot of “knowing”, and I hope you will consider this in a way that goes beyond just “special promotion”. Trust is one of the most important things that makes the biggest difference in any business that wants to scale massively.

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