During market disruptions, companies who survive are those who have understood the new demand and shifted their value propositions accordingly.
In an interview with Cross-Border Magazine, weGrow co-founder Gernot Schwendtner, outline's how to grow during market disruptions by looking at: - the importance of staying up to date with trends
- preparing for international expansion
- entering new markets successfully.
🔎 Read more insights here > https://lnkd.in/dHhkZkC
Adapting to new trends
Digitalisation
Clients are demanding more fast and efficient digital solutions
Successful companies understand the need to pivot their proposition to the customers
Omni-channels
Clients are demanding faster purchasing journeys
Companies can use hyper-automated engagement and efficient online strategies to engage with customers
Riding the ‘international expansion’ wave
Do your research!
Just because certain elements work in the home market - does not mean they can be copy and pasted into new markets
Avoid mistakes and de-risk your expansion
Look how to adjust your business accordingly to the demands of the new market, local culture and new trends
At weGrow we provide companies with tools such as a growth readiness check, to make sure that all stakeholders are aware of the necessary key items to de-risk expansion. You need to assess your company’s strengths and weaknesses, and position your business in the new market - hence, do not rush into expansion.
👉 Download the issue here > https://lnkd.in/dHhkZkC
Have more questions? Contact us to talk about your international expansion plans at hello@wegrow.company !
