How Does AI Enhance Global Market Strategy?
R. Kenner French interviews Nancy Steidl about international clients and how to add value to startup companies. They discuss the importance of doing a business plan for international markets, understanding cultural differences and tax structures, and conducting thorough research on target audiences and growth opportunities. Nancy also shares insights on using AI to gather market information and navigate intellectual property laws in different countries.
The conversation highlights the significance of understanding jurisdictional requirements and the time-consuming process of obtaining intellectual property rights. Nancy provides her contact information for those interested in reaching out to her.
Takeaways
• Doing a business plan is crucial when entering international markets.
• Understanding cultural differences and tax structures is essential for success in different countries.
• Thorough research on target audiences and growth opportunities is necessary before setting up a business in a new location.
• AI can be used to gather market information and navigate intellectual property laws in different countries.
Obtaining intellectual property rights can be a lengthy process, and it is important to start early.
• Nancy Steidl can be contacted through her website or social media platforms.
Sound Bites
• We're going to talk for about 10 minutes talking about international clients, meaning outside the United States, maybe even inside the United States really quickly.
• It's very important that you do a business plan for that international market because a lot of people think well, you know I'm in the UK everybody the world is like the UK, but they're not so when you go into the US market You really need to understand that.
• So it's really before you venture into those areas, you need to understand the target audience, the growth, the size, and just doing your homework on those sorts of things before you set up a business in different areas.
If you have any questions in general you can reach our office at:
Phone: 415-854-6512
Email: [email protected]
Monday-Thursday 8:00 AM – 5:00 PM (Pacific)
Thank you for listening!
