Services
“Enter right market with right business model and right partner at the right time.”
International Growth Plan
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Confirm client's core competences, critical success factors, key customer segments, and value chain.
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Identify most potential target market Segment
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Define client’s SBAs (strategic business areas) for internationalization
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Identify and prioritize target markets (regions or countries)
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Construct value Proposition for each SBA: need, approach, benefits, competition
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Develop client’s offering from the end-user point of view
Prospective Market Study
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Define most important criteria of an optimal market
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Rank market’s potential
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Business Opportunity Check
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Prioritize market potential
Study Tour
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Cater program for visiting group.
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Visit local governmental agencies, relevant local and local office of foreign companies to learn about doing business in destinations
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Share and network with local and local office of foreign companies
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Optional specific business meeting arrangements
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Optional relevant trade show visit arrangements
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Recap and summarize learnings
Test Drive
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Elaborate client's business concept
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Develop value propositions for the customer segments
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Interview potential customers, partners and industry experts
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Analyze interview findings
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Define possible business opportunities
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Report and recommend client
Test Drive - China eCommerce Market
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Clients' product assessment program for China eCommerce market
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InnovBA will
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Work with Client to complete a) competitor profile, b) market profile, c) product profile, and d) questionnaire for potential target consumers
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Conduct a) online research and competitor profile
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[Optional] conduct b) mobile survey, c) live survey, and d) test sale survey
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SWOT analysis of both client's and competitor's product
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Product assessment conclusion
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Market entry recommendation
Sales Channels Development
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Examine target market environment
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Assess end-Customer demand Assessment
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Develop client’s value proposition for end-customers
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Define channel structure
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Define list of criteria for ideal partner
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Define partner’s role, cooperation responsibilities, and target
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Develop partnership value proposition
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Create joint marketing plan template
Partner Identification and Evaluation
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Define ideal partner criteria
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Identify long list of potential partners
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Screen long list of potential partners and create short list
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Define partnership joint action plan with client
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Visit and interview short listed partners and select partner
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Develop joint offering for partner
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Shift responsibility to partner
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Define monitoring and reporting procedures for partnership
China eCommerce Partners Group
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Free-to-join international products consortium group organized to enter and/or expand into the China e-commerce market
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InnovBA will:
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Provide experienced manager(s)
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Provide regular China e-commerce market updates
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Identify opportunities for group offerings to potential e-commerce partners in China
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Prepare complementary products with competitive pricing as well as appropriate variety of choices from interested companies to formulate respective group offering for each potential e-commerce partner
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Provide business development
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Provide “No Sales, No Fee” services
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Provide other fee-based consulting services to individual company when requested
Direct Sales
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Examine target market to identify demand and competition
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Identify end-customers and their buying behaviors
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Develop end user offering
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Define ideal customer profile
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Develop long list of potential customers
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Screen long list of potential partners and create short list
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Prepare business negotiation material for clients to visit target customers
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Optional: engage InnovBA consultant to act as temporary sales representative
Sales Accelerator
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Understand client’s current channel structure
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Rank channel partners and identify problems
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Understand challenges in managing the partnerships
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Prepare material to interview channel partners and end-customers
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Interview channel partners and end-customers
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Analyze key findings, and prepare conclusions and recommend suitable sales accelerator actions
Interim Management
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Understand client’s expansion plan
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Diagnose and identify challenges
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Agree on terms and deliverables
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Develop sales plan and timelines
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Deliver against plan and agreed milestones
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Prepare succession plan and exit