We talked with Meredith Bond, director of the U.S. Commercial Service’s Omaha office, who shared with us a bit more about how the Commercial Service can help exporters interested in beginning or expanding their global reach.
In addition to the more than 100 U.S Commercial Service offices in the U.S., there are about 70 offices located overseas, often in U.S. embassies or consulates. The offices in foreign countries work closely with domestic offices in order to help exporting companies of all sizes promote trade and expand their networks.
If you’re interested in trading with a particular country, you can get information about the market as well as access to the market through the Commercial Service offices in that country through initial market checks, company profiles, and more. Available services include:
Not only are in-country analysts willing to help you determine if your company is ready to jump into foreign markets, but they also do international company profiles to help you determine if prospective customers are legitimate. This way, you know your customers are capable and trustworthy before you spend money and effort working with them.
In addition to helping you find the right international trade countries and partnerships, in-country offices can help you increase brand awareness and market exposure around the world so you can establish relationships with potential overseas partners.
The Commercial Service also offers promotion and features in the U.S. Exporter Directory to help exporters boost their profile to prospective customers in foreign countries.
The U.S. Commercial Service’s in-country offices are established and credible. Not only are the foreign service officers at in-country offices trained to help exporters, the offices also employ a local staff of specialists who have knowledge of culture, language, industry, politics and more.
These services are extremely affordable, especially for small and midsized businesses. Fees range from $750 for an International Partner Search to $950 for Gold Key Service for small and midsized companies. Customized services are also available.
Considering what you get for the expense versus, for example, hiring a private consultant to do each of these things, utilizing the Commercial Service should be a consideration for all exporters.
When small businesses have access to the information they need to begin trading internationally, companies, communities and the United States as a whole become more economically healthy.
To begin working with the U.S. Commercial Service and their in-country offices, first contact your local office. They will ask some questions to see how they can best guide you and serve as your advocate and make sure you’re serious about entering foreign markets.
They’ll serve as your advocate, working with in-country offices to help you assess the market, meet potential contacts, and put you in contact with who to talk to locally. They’ll work with you, your contacts, and potential partners overseas to make sure you’re well-prepared and informed to make decisions that will help your company grow.
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