Executive Briefings

Are You Flirting With Disaster if You're Not Involved in Global Online Markets?

There's a wake-up call for American digital marketers who aren't actively developing their international online markets. While there are many risks to taking your business online to other nations, the risk of not going global, or of waiting too long to make the move, almost certainly will be greater.

Are You Flirting With Disaster if You're Not Involved in Global Online Markets?

Chinese manufacturers are certainly going online – to target U.S. markets directly, in addition to producing goods for U.S. companies to sell. Alibaba’s new Western-focused online retail store, 11mainstreet.com, could help Chinese manufacturers bypass American retailers, for example, and sell directly to U.S. consumers.

Among the Chinese technology companies already targeting global markets are Huawei Technology Co. and Xiaomi Inc. (smartphone makers) and Lenovo Group, Ltd. (phones and computers). Taiwan’s PC manufacturers Acer Inc. and Asustek Computer Inc. (widely know as Asus) are also major global players.

Three online services that are blocked by China’s Great Firewall—Google, Facebook and Twitter—have set up shop in Hong Kong in part to sell advertising to Chinese companies going global. Even state-owned businesses, such as Air China and the People’s Daily newspaper reportedly have Twitter accounts.

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Chinese manufacturers are certainly going online – to target U.S. markets directly, in addition to producing goods for U.S. companies to sell. Alibaba’s new Western-focused online retail store, 11mainstreet.com, could help Chinese manufacturers bypass American retailers, for example, and sell directly to U.S. consumers.

Among the Chinese technology companies already targeting global markets are Huawei Technology Co. and Xiaomi Inc. (smartphone makers) and Lenovo Group, Ltd. (phones and computers). Taiwan’s PC manufacturers Acer Inc. and Asustek Computer Inc. (widely know as Asus) are also major global players.

Three online services that are blocked by China’s Great Firewall—Google, Facebook and Twitter—have set up shop in Hong Kong in part to sell advertising to Chinese companies going global. Even state-owned businesses, such as Air China and the People’s Daily newspaper reportedly have Twitter accounts.

Read Full Article

Are You Flirting With Disaster if You're Not Involved in Global Online Markets?