How To Break Into New Markets in 2024
For businesses, one of the most challenging tasks is breaking into new markets. In today's episode of the podcast, I share insights from a business meeting with a Canadian clothing company looking to enter new markets. This episode is incredibly valuable for entrepreneurs aiming to expand, whether that involves getting your product into stores or gaining recognition in different countries. I hope you find this episode enjoyable and informative! WHAT I TALK ABOUT: Introduction of East Coast Lifestyle clothing line. Strategies for expanding into new markets. Importance of networking and personal connections in business growth. Leveraging social media for brand exposure and marketing. The role of celebrity endorsements in boosting sales. Challenges of international market expansion. Protecting brand identity and dealing with knockoffs. Effective methods for reaching decision-makers in retail. The significance of direct sales and distribution in business. Utilizing emerging social media platforms for branding. Engaging with younger generations and building a customer base. personal insights and advice on entrepreneurship and marketing strategies.