Empowering SMEs for Export & International Trade (SBL-Khas Claimable)

Event Date:
17/04/2023
Event Time:
9:00 am
Event Location:
Rampai Business Park
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Learning Objectives
- Understand Excel Data thoroughly & Prevent common mistake in Excel Reports
- Gain an understanding and knowledge of the fundamentals of export and international trade
- Undertake basic tasks relating to venturing into overseas markets
- Appreciate the different export market strategies and marketing/promotional tools for export
- Understand where to source for export leads and market information and how to further increase their knowledge and skills in export
Requirements
- Good Internet Connection
- Laptop / PC
- Headset with Microphone
Course Outline
MODULE #1 – Introduction to Export
- Why Export? Myths and Benefits of Export
- Risks of Export and how to mitigate them
- Preparation for Export
- Making use of Government grants and facilities
MODULE #2: International Trade Environment & Structures
- Introduction to International Trading Structure – WTO, Regional Groupings, ASEAN Economic Community, etc
- Free Trade Agreements
- Settlement of Trade Disputes
- Intellectual Property Rights & Trade
MODULE #3: International Market Entry Strategies & Export Marketing/ Promotional Tools
- Strategies for entry into international markets
- (Case Study)
- Export Marketing/Promotional Tools – Trade Missions, Trade Exhibitions, In-Store promotions, email marketing, internet marketing, market visits, trade enquiries, etc
MODULE #4: Introduction to Market Research and Preparation of Export Plan
- Benefits and process of market research
- Trade Statistics, primary and secondary data
- Format and preparation of an Export Plan
MODULE #5: Introduction to Incoterms and Payment Terms
- Inserting a HyperlinkLearn about the common Incoterms use in the transportation of goods overseas and common terms for payment
MODULE #6: Managing Cross Cultural Issues in International Trade
- Learn about different cultures in different countries and how they could affect international trade relations
MODULE #7: Adapting Products for International Trade, Pricing Strategies & Logistics in International Trade
- What to consider in adapting products for overseas markets, what pricing strategy to use when exporting and the logistics involved in international trade.
MODULE #8: Sustainability & Ethical Issues in International Trade
- How sustainability and ethical issues affect international trade and current practices
Who Should Attend
- Managers
- Top Management
- Business Owners
- SMEs
- Corporations that work closely with international or regional offices
Sorry, this event is expired and no longer available.