default-hero

Step 1 | Assess Your Export Readiness

Step 1

Assess Your Export Readiness

The first step is perhaps the most important: assessing your readiness to export. There are certain characteristics that are common, but not necessarily essential to being an export-ready and successful exporter.  For example, successful exporters are typically successful domestic sellers, and large enough to have staff, time, and the resources to devote to international travel, marketing, and sales. Typically successful exporters are also able to sustain themselves for a year or more until international sales grow and become profitable.

If you are thinking about exporting your product or service assess your export readiness by completing the Export Readiness Quiz that has been prepared to help exporters assess their strengths, weaknesses, objectives and possible strategies as they explore opportunities in foreign markets.

In addition you should also consider the following;

  • Complete a SWOT analysis of your company
  • Market Information Readiness: gather market information to ensure you are informed of market and trading conditions in the export target market
  • Management Readiness: ensure you and your team are committed and geared to pan and implement the export initiative
  • Product Management Readiness: ensure your products and production process are geared to meet the requirements of the target market
  • Resource Readiness: ensure your business has access to sufficient resources to support the export initiative
  • Transactional Readiness: ensure your business is geared to embark on export sales transactions

Share:

CE logo

Caribbean Export is the regional trade and investment promotion agency focused on building a resilient Caribbean by providing cutting-edge and high-impact support to the private sector.

Produced with the financial assistance of the European Union.

Contact Us

Head Office

Baobab Tower, Warrens, St. Michael, Barbados

P.O. Box 5050 Postal code BB22026

 

Tel: +1(246) 436-0578

Fax: +1(246) 436-9999

E-mail: [email protected]

Sub-Regional Office

Av. Pedro Henríquez Ureña No. 150

Torre Diandy XIX, Piso 7

Santo Domingo, República Dominicana

 

Tel: + 1(809) 531-6565

Fax: + 1(809) 473-7532

E-mail: [email protected]

Bi-National Programme Office

4th Floor, 151 Angle Ave.

Jean Paul II & Impasse Duverger

Port-au-Prince, HAITI

 

Tel: +1 (509) 48 92 53 55

E-mail: [email protected]

Join our mailing list

Subscribe to the Caribbean Export mailing list and receive our newsletter Trade Watch and latest publications.

© 2022Caribbean Export. All Rights Reserved