Autaza Internacionalizacao “It is not the strongest or the most intelligent who will survive, but those who can best manage change.” Leon C. Megginson. Courage Chakanza |Tiffany Cooper |Corinne Ng Pann Introduction Current Challenges Solutions Problems Agenda Summary Introduction Navigating cultural nuances and business practices in the US presented challenges in areas such as communication styles, negotiation tactics, and relationship-building strategies. 3 Current Challenges • Cold contacting companies • Deals fallout at quote phase • Not enough funding for US venture capital • No success in navigating US business culture 4 • Pricing PROBLEM AREAS • Financing for Customers • International Expansion Syntactic Priming Is the effect by which, in a dialogue, certain words and phrases are repeated to garner more active attention1. Problem: Pricing By way of making your sales language more plausible, use certain key phrases in your outreach letters. • Price your products to complete closely to your competitors. • Higher credibility & plausibility • Example: o Current Autaza Paint system is $500K compared to $800K o Price your system to be $769-799K 6 Hello, I'm the E.A. to the CEO of Autaza. I want to share some opportunities for quality inspection systems focusing on innovation and cutting costs. Hi, thank you for the connection. Sales Outreach I noticed your company's strong focus on innovation and technology, traits we value at Autaza. Our quality inspection system offers flexible, automated solutions at a low cost—perfect for streamlining manufacturing equipment and materials inspections. I would love to share more, could you provide me with your e-mail? Instead use: Let us improve your current system... We can curate a bespoke system to enhance your quality assurance... We have a special offer right now to automate your solutions at a fraction of a cost... Problem: Financing For Customers Barrier • Potential clients may not have enough capital to purchase. • Potential clients may not want to own equipment • Not enough payment options offered Solution • Offer Leasing option with down payment • Offer payment plans • Start with lower initial payment 8 • Cultural nuance eg be mindful of time and punctuality. Problem: International Expansion • Deep Customer Insights and Customization • Adapt Marketing and Communication Strategies e.g. Coca-Cola’s marketing approach in China. • Use current customers as stepping the stone to other markets e.g. Volkswagen Brazil and Argentina. 9 Problem: International Expansion 10 Summary • Use priming language to engage your customer • The path to success in the industrial quality control and machine vision sectors involved strategic investments in research and development (R&D), acquisitions, global expansion, and market adaptation. • Financing options eliminate the barriers to finalizing the sale 11 References: 1. Core Cognitive Mechanisms Underlying Syntactic Priming: A Comparison of Three Alternative Models - PMC (nih.gov) 2. Frontiers | Core Cognitive Mechanisms Underlying Syntactic Priming: A Comparison of Three Alternative Models (frontiersin.org) 3. Equipment Financing and Leasing: What You Need to Know 4. 7 Tips for Purchasing New Equipment for Your Business Thank you