Now is the time to get ready for your new global market

These are unprecedented times for all of us. With the economy giving no signs of a quick and steady recovery, business is becoming increasingly hard to predict. At least that’s what the experts say.

In reality, what they mean is that business-as-usual is becoming increasingly challenging to predict. Because your customers are still out there, and so are their needs. What is changing is how they make their buying decisions and how (or where) they enjoy your service or product.

The current situation has produced an unseen peak in online content consumption across the globe, driving an increasing number of interactions from offline into the online realm. The Internet has become a significant business delivery channel even for industries traditionally bound to physical presence – think yoga studios or museums, for instance. We wager that this trend will continue long after the movement restrictions have been lifted.

So what does this mean for your business? 

Well, it can mean good news. With more and more of life’s activities consumed remotely, your business is less bound to be physically present in the local market. Therefore, it’s a perfect opportunity to reconsider your customer geography – who will your business be targeting after the slowdown. Now more than ever, it’s time to plug into that The World is My Market mindset.

In this new reality, there are some new ground rules you should consider, however. A more global audience means having to deal with a variety of new cultures. The key success factor will be your ability to address customer needs and create value around your brand locally. Having your corporate or e-commerce website in English will not be enough. Pitching your prospects with marketing collaterals that don’t resonate with the local culture will result in fewer leads and fewer sales.

In other words, you need to walk the walk in the local culture, or else your message will get lost amidst the plethora of content out there.

If you want to be ready for this new reality arising after the slowdown, you need to start investing in creating localized content now. Translating and culturally adapting your marketing and sales materials should become an integral part of your business strategy, not a nice-to-have marketing perk.

Luckily, you won’t need to set up regional teams or offices to help you create your content locally – we’ve got your covered there. With our global team of expert linguists and content strategists, we take your message and recreate it so that it gets heard and acknowledged in the local culture. Drop us a line or give us a call, and we’ll be happy to walk you through the details.