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Feasibility Study & Market Research
Once the client contacts us to represent a product in a foreign country, we will conduct an initial feasibility study to determine whether or not it is viable and profitable to import/export said product to the desired location. This process involves detailed domestic market research in order to investigate similar products, pricing, market shares as well as any barriers which may exist in the foreign markets.
Other areas covered by our research include: Local economic and socioeconomic factors , Physical conditions, Political and Legal conditions as well as Cultural Conditions such as: Aesthetics, Attitudes and Beliefs, Religion, Material Culture and Language Why use OSTA to represent your products?OSTA’s extensive human and business network, distribution channels, import/export and marketing experience can all be yours. We have already done all the hard work for you. We have the connections and know who to talk to and where to go to get things done. We speak your language and those of your potential buyers. We have local knowledge of all the markets we operate in, and can put your product in the right place at the right time for maximum profit.
Many of our clients do not have the time or the resources to employ someone full time to research new international markets, contact buyers, negotiate price and handle all the orders. Not to mention the costs associated with traveling around the world, hotels, food, translators and re-marketing products for a new market. We can perform all of these tasks for you at a much lower cost with much more benefit. The question is therefore not why should you use OSTA, but why aren’t you working with us already? |
