Business Consultancy
QT offers a consultancy service that supports foreign businesses entering domestic markets by acting as an agency typically provides a range of specialized services to facilitate a successful market entry.
KEY SERVICES
Market Entry Strategy Development
Work closely with the foreign business to develop a tailored market entry strategy for the domestic market. Provide insights into effective market entry methods, such as distributorships, partnerships, or establishing a local office.
Regulatory Compliance and Legal Support
Ensure compliance with local regulations and legal requirements. Assist in obtaining necessary permits, licenses, and approvals.
Agency Representation
Act as the official representative of the foreign business in the domestic market. Represent the business in negotiations, meetings, and interactions with local stakeholders.
Local Partner Identification and Management
Identify and evaluate potential local partners, distributors, or collaborators. Manage relationships with local partners on behalf of the foreign business.
Market Research and Analysis
Conduct in-depth market research to understand the competitive landscape and consumer behavior in the domestic market. Provide ongoing analysis of market trends and competitor activities.
Marketing and Branding Support
Create and execute marketing strategies tailored to the domestic market. Manage advertising, promotional activities, and branding initiatives.
Sales and Distribution Management
Develop and implement sales and distribution strategies tailored to the domestic market. Manage the distribution network, including logistics and supply chain coordination.
Customer Relationship Management (CRM)
Establish and maintain positive relationships with customers in the domestic market. Handle customer inquiries, feedback, and support.
Event Management and Promotion
Plan and execute events, product launches, and promotional activities within the domestic market. Leverage local events and networks to promote the foreign business.
Translation and Localization Services
Financial and Administrative Support
Offer financial advice, including assistance with financial planning and budgeting for the domestic market. Handle administrative tasks such as invoicing, taxation, and financial reporting.
Post-Entry Support and Reporting
Provide ongoing support after market entry in the domestic market. Deliver regular reports on market performance, sales, and key performance indicators.
Networking and Relationship Building
Facilitate networking opportunities with relevant industry players, government bodies, and associations within the domestic market.
Build and nurture relationships that contribute to the foreign business’s success in the domestic market.
By acting as an agency, we takes on a proactive role, leveraging our local expertise and networks to help the foreign business establish and grow its presence in the domestic market. This approach allows the foreign business to navigate the intricacies of the local business environment with the support of professionals who understand the domestic market dynamics.
