20
Go-Europe! International Expansion Options for U.S. Growth Companies

TRADUM Go-Europe Presentation

Embed Size (px)

Citation preview

Page 1: TRADUM Go-Europe Presentation

Go-Europe!International Expansion Options for U.S. Growth Companies

Page 2: TRADUM Go-Europe Presentation

Hey, you!

…founder of some great startup who…

Page 3: TRADUM Go-Europe Presentation

… successfully launched your product in your market…

…and who is starting to receive requests for your products and services from the other side of the Atlantic?

Dec.2016 © TRADUM GmbH 2016 3

Page 4: TRADUM Go-Europe Presentation

…you are aware of the copy-cat trap…

…as you know about ´the European startup scene watching closely what is created in the Valley and ready to copy-cat this – like the Samwer brothers are doing it in Berlin with Rocket Internet …

Dec.2016 © TRADUM GmbH 2016 4

Page 5: TRADUM Go-Europe Presentation

…and you want to be first to market, not second…

…as you know that squeezing into an occupied market comes more expensive than being first…

Dec.2016 © TRADUM GmbH 2016 5

Page 6: TRADUM Go-Europe Presentation

…here is your opportunity to get started…

…with an experienced team of professionals who know their way around Europe and the regional differences, advantages and disadvantages.

Dec.2016 © TRADUM GmbH 2016 6

Page 7: TRADUM Go-Europe Presentation

What you have to keep in mind to go international:

1. Vision• Understand the Why – why do you want to expand?

2. Products & Service Adaptions for international Markets• Define the What – what’s necessary to fit to new markets?

3. Go-to-market / Internationalization Strategy• Be clear about the how – how to approach the go-to-market?

Dec.2016 © TRADUM GmbH 2016 7

Page 8: TRADUM Go-Europe Presentation

What else you have to keep in mind to get started:

4. Location• Find the Where – where will be the best starting point?

5. Budget• Understand the How Much – how much budget is required?

6. People• Identify the Who – who will be your best ambassador to start with?

Dec.2016 © TRADUM GmbH 2016 8

Page 9: TRADUM Go-Europe Presentation

Let‘s have a look at geography and numbers…

…the USA have double the size of land mass compared to Europe…

…a federation of 50 states…

…with 320 million people generating …

…a GDP of 18 trillion USD…

…an average household income of 44 thousand USDhttp://www.oecdbetterlifeindex.org/countries/united-states/

Dec.2016 © TRADUM GmbH 2016 9

USAoverEuropehttp://thetruesize.com

Page 10: TRADUM Go-Europe Presentation

…and understand why it makes sense to Go-Europe…

…as the European Union has 27 member states...

…with about 450 million people...

...generating a GDP of 13 trillion USD…

...with an average household incomes reaching from13‘ USD (Latvia) to 39‘ USD (Luxembourg)…

…mostly using one currency - the EURO…

(all numbers already w/o the 64 million Brits)

à The EU is the largest market after the U.S., still more than 2 times larger than China!

Dec.2016 © TRADUM GmbH 2016 10

Page 11: TRADUM Go-Europe Presentation

…but where to go to within Europe?

Dec.2016 © TRADUM GmbH 2016 11

London

Dublin

Paris

Barcelona

Madrid

Lisbon

Helsinki

Baltics

Warsaw

Prague

Budapest

Bukarest

Rome Athens

Page 12: TRADUM Go-Europe Presentation

…you could go to Austria Switzerland, or Germany…

Dec.2016 © TRADUM GmbH 2016 12

CGN

BER

MUC

ZRH

VIE

FRA

FRA- Frankfurt

CGN– Bonn/Cologne

BER- Berlin

MUC- Munich

ZRH- Zurich

VIE- Vienna

Germany

SwitzerlandAustria

Page 13: TRADUM Go-Europe Presentation

...which is the German-speaking part of Europe…

Austria, Switzerland, Germany (ASG) represent

≈ 100 million population

≈ 4.4 trillion USD GDP

≈ 2.5 million companies

≈ 33,0000 USD avg. household income

à The German speaking market represents the economically most important area within Europe.

Dec.2016 © TRADUM GmbH 2016 13

Page 14: TRADUM Go-Europe Presentation

…for example the CGN region in right the middle…

Dec.2016 © TRADUM GmbH 2016 14

CGN

NorthRhineWestphalia(afederalstateofGermany)

CGN

CGN=airportcodeof

Bonn/Cologne

Page 15: TRADUM Go-Europe Presentation

…CGN is the airport for two cities: Bonn and Cologne…

…15 miles apart and founded by the Romans over 2,000 years ago…

…with the Köln-Bonn international airport located just 20 minutes away…

…with headquarters of corporates such as Bayer, DHL, Deutsche Telekom (T-Mobile)…

…with Bonn being home to 18 secretariats of the United Nations…

…and several federal agencies being located in Bonn due to its former capital status.

Join the Club:

The federal state of North Rhine Westphalia is home to over 1,600 U.S. companies…

…such as 3M, Amazon, FedEx, Ford, Johnson Controls, Medline, QVC, and UPS…

Dec.2016 © TRADUM GmbH 2016 15

Page 16: TRADUM Go-Europe Presentation

…so what does it take to get started…

a) …a product which is adaptable to the foreign market…

b) …maybe first customers, dependent on your strategy….

c) …or a partner company with access to your target market…

d) …an address to register, a phone line and some marketing…

e) …a legal entity, typically a limited (GmbH)…

f) …a managing director to represent you with signing authority…

g) …sales and marketing folks or support to conquer the market…

Dec.2016 © TRADUM GmbH 2016 16

Page 17: TRADUM Go-Europe Presentation

… get it all done with the TRADUM Go-Europe Package

Dec.2016 © TRADUM GmbH 2016 17

go-to-marketstrategy

companyaddressandpostbox

legaladviceandentitysetup

interimmanagingdirector hiringsupport

taxadviceandstructuring

initialsales&marketing

Bizdev/partneracquisition

productadjustment

Page 18: TRADUM Go-Europe Presentation

…and - oh, yes – we do have 24 official languages…

Dec.2016 © TRADUM GmbH 2016 18

Български

Čeština

dansk

Deutsch

eesti keel

Ελληνικά

English

español

français

Gaeilge

hrvatski

Italiano

latviešu valoda

lietuvių kalba

magyar

Malti

Nederlands

polski

português

Română

slovenčina

slovenščina

suomi

svenska

Page 19: TRADUM Go-Europe Presentation

…but you don‘t have to go to London to speak English!

Dec.2016 © TRADUM GmbH 2016 19

Page 20: TRADUM Go-Europe Presentation

Contact Details

Dec.2016 © TRADUM GmbH 2016 20

AndréPannéManagingPartner

[email protected]

Mobile:+49-171-7821869Skype:andre.panneTwitter:BizDevAngel