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Growth & Expansion

Most companies have plans to grow their business and increase sales and profits. However, there are certain methods companies must use for implementing a growth strategy. The method a company uses to expand its business is largely contingent upon its financial situation and the competition. Some common growth strategies in business

include market penetration, market expansion, product expansion, diversification and acquisition.

In business, growth is mandatory. We help companies to reach their full potential in their core business. Here are the common Growth Strategies we can define and implement with you:

  • Market Penetration Strategy – Existing product within an existing
  • Market Expansion or Development – New Market with existing
  • Product Expansion Strategy – Existing market with a new product line
  • Growth Through Diversification – News products in a new market
  • Acquisition of Other Companies (Vertical or Horizontal)– Products and market already established
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Strategy
Implementation
Having a deep experience of the international market, international expansion could be sometimes stressful. International expansion strategies are multi-level strategic plans that companies use to enter an overseas market, establish a presence and become profitable. These plans mitigate expansion risk and define efficient use of resources, timelines and capital. We will partner with you on those business plans that include the following elements:
  • Product offerings, service types, and overall brands are market-ready. They will include SWOT and market segmentation analyses helping companies understand their current strengths, growth areas, and differentiating value
  • A market analysis includes market size and growth
  • A marketing strategy, including brand positioning, marketing channels, product or service delivery, marketing KPIs, marketing programs, and even pricing evaluations based on the new market’s economic
  • An infrastructure plan includes new international employees and executives, local vendors, determining legal, regulator, and tax
  • A 6-12 months budget with KPIs tracked every