Breaking into the American Technology Market An Essential Guide for Foreign Manufacturers Breaking into the American Technology Market An Essential Guide for Foreign Manufacturers © 2012 Global Marketing Partners, Inc. No part of this eBook may be reproduced in any matter without the express written consent Global Marketing Partners, Inc. © 2012 GlobalofMarketing Partners, Inc. No part of this eBook may be reproduced in any matter without the express written consent of Global Marketing Partners, Inc. Disclaimer This guide was written based on a several decades of combined experience in launching thousands of products through hundreds of companies in the channel. While we hope this guide is helpful and offers Disclaimer you some attorneys want you to knowin that This guide waswisdom written and basednew on ainsight, severalour decades of combined experience it is notthousands designedoftoproducts incorporate every pieceofofcompanies information anyone would launching through hundreds in the channel. needwetohope knowthis about with all products While guideworking is helpful andthese offersresellers. you someLikewise, wisdom and new insight, our attorneys want you to know thatsoituse is not incorporate are different and results vary widely, anydesigned advice to provided here at every information anyone would need to know about getting into the yourpiece ownofrisk. American technology market. Likewise, all products are different and results vary widely, so use any advice provided here at your own risk. The American IT Supply Chain 2-Tiered Distribution Channel The “channel” - the two-tiered (wholesale) distribution supply chain. In this chain, manufacturers sell information technology (IT) products to distributors who sell to resellers who in turn sell the hardware and software to end-user businesses and individuals. GLOBAL TECHNOLOGY DISTRIBUTION COUNCIL • • • • • • 60% of all IT products bought and sold in the U.S. flow through the “Channel” 5 billion+ of credit extended to the IT channel each year 2 Million+ configurations annually 50,000+ individual customers monthly 150 Million+ items shipped each year 100 Million+ software licenses managed annually Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 3 Pre-Launch Preparation Eight must-do’s before your launch (1-4) 1) 2) Study the Market Estimate the market size & potential Run a Competitive Analysis Do your SWOT Analysis Set Goals A Goal has: Qty, Revenue, and Date Know where you are going before you throw yourself into the trip 3) Fix on a Channel Sales Strategy 4) Direct (requires extensive domestic infrastructure) Brick & Mortar Retail (most expensive) e-Tail (least expensive fix costs – popular for emerging vendors) Solution Providers/VAR resellers (marketing & training at the distributor and reseller levels) Choose Your Target Market Target end-user Target Reseller Target Distributor Who is your customer and how will you get to them? Carefully choose the partners with whom you will be spending your time and resources Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 4 Pre-Launch Preparation Eight must-do’s before your launch (5-8) 5) Develop a Marketing Plan 6) Put together Your Financial Plan 7) Product price strategy Allocate resources and commit to marketing budget Understand all your costs Allow for Currency Fluctuations Plan in advance how you will measure your success & ROI Do Your Legal & Regulatory Due Diligence 8) How will you promote your product in the U.S.? How will you support your customers? 3 layers of marketing plan: Consumer, Reseller Co-op, Distribution Customer service and support – key to U.S. success Patent and trademarks infringements search, get insurance. Material safety datasheets may be necessary for transportation, find an U.S. attorney ahead of time. Establish a U.S. Point of Presence Third party warehouse and logistics for shipments out, returns warehouse, toll-free customer service number , etc. Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 5 U.S. Market Expectations What to know about Consumer Expectations End-User Expectations Home & SMB Consumers: Value. Ergonomic. Compatibility. English. Support. Warranty. Available @ Favorite Store. Returnable. — In Stores: Eye-catching-confidence-inducing Packaging. Stocked Deep. — On Internet Store: Strong Reviews. Rich Content. Business Consumers: — Immediate Customer Service (preferably free) — Easy to find “contact info” on website (company’s address and phone #, not just an email us form to fill in) — Downloadable Drivers — Trouble Shooting Guide, FAQs, Usage Tips on website Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 6 U.S. Market Expectations What to know about Packaging Packaging Expectations Retail Strategy — Always invest in good design. — Don’t get creative on size and shape stick with the standards. — Consider anti-theft if over $100. — Hanging package design should also stand-alone. Internet/VAR Strategy Only — Outer box can serve as shipping to cut re-pack cost. (but clearly marked) — Package design shifts to inserts. (re-confirm confidence in buying decision – avoid buyer remorse) Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 7 U.S. Market Expectations What to know about Shipping Shipping Expectations Study Your Partner’s Routing Guides (fines for non-compliance) Bar Code: EAN/UPC Version A on all product packaging and master cartons (www.gs1ca.org) Packing Slip: Required w/each shipment If the shipment has multiple Purchase Orders and/or multiple packing slips, a Master Packing Slip is required Minimize Small Parcel Shipments A shipment is defined as the total number of cartons shipped on a given day to the same distribution center from the same vendor location. Shipments over maximum allowances should be sent via LTL. Proper Palletization; stacking, stretch-wrapped/banded Use a shipping company that provides tracking on your shipment and can provide proof of delivery. Do not ship via Postal Service. Avoid These Common Errors • Non-compliance with Small Parcel Maximums • Incorrect barcode/UPC label used on product • Failure to provide Packing List • Incorrect Standard Pallet used • Pallet mis-stacked or mislabeled • Weak pallet or carton material • Excess or Double Shipments • Shipping Product to Wrong Location Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 8 Your Website’s Channel Role Channel Partner Expectations Rich Product Content Source – 3rd party data fulfillment companies get most product content straight from your website Customer Service & Resource Center – Contact info – Drivers, manuals, etc. Drive Sales – Direct Sales & Provide Leads to Key Resellers (selling direct off your website weakens channel relationships and full solution sales participation) Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 9 The Distributor’s Role In the channel Economies of Scale • • • • • One-stop source for resellers Ship delivery on any order size Cost effective fulfillment of Web sales Most accurate/best in class Breaks bulk: Receives product on pallets or case packs then pick, pack, & ship • Stocks Product Access to Resellers • • • • • Big distributors sell to 50,000 + U.S. resellers Preferred source Supplies credit on aggregate orders & consolidates payments Serve all types of resellers Vendor marketing opportunities to touch resellers Custom Reseller Services • • • • SLA guarantees with big resellers EDI interfaces Custom Private Label drop ships to end-users Pass-through marketing Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 10 Distributors What they Expect from Manufacturers Profit • • • • $50 + distribution cost Most favored nation pricing Stable channel pricing structure Back-end Rebates Sales • • • • Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved Drive sales to resellers Co-op marketing support Minimum sell-through Growth @2012 Global Marketing Partners | September 2012 Edition 11 Distributors Who’s Who and Who They Serve Major U.S. Distribution Companies VARs Solution Providers System Integrators System Builders Gov/Ed Resellers B&M Retailers e-Tailers Internet Resellers VARs Solution Providers System Integrators System Builders Gov/Ed Resellers B&M Retailers e-Tailers Internet Resellers Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved VARs Solution Providers System Integrators System Builders Gov/Ed Resellers CE FOCUS VARs Solution Providers Gov/Ed Resellers B&M Retailers e-Tailers Internet Resellers @2012 Global Marketing Partners | September 2012 Edition VARs & Solution Providers Who’s Who & What They do Major U.S. Technology VARs VARs/Solution Providers/Integrators Integrate Solutions Layer Service Trusted Advisor Role with Customers Support B2B Customers Accenture ACS ASAP Software Atos Origin ADP Axciom BAE BearingPoint Booz Allen Hamilton Brightpoint BT Global CACI Capgemini Group CDW Ceridian CGI Group Cognizant CompuCom Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved ComputerScienceCorp Convergys Deloitte Consulting Diebold Dimension Data DST Systems DynCorp EDS Fidelity Fiserv Galileo by Travelport General Dynamics (AIS) Getronics Harris IKON Office Solutions Insight Enterprises L-3 Communications Lockheed Martin Metavante Northrop Grumman NTT Data PC Connection Perot Systems Qwest Communications Raytheon Technical Services SAIC Software House Int’l Siemens IT Tata Consultancy Services Unisys Verizon Info Sys World Wide Tech @2012 Global Marketing Partners | September 2012 Edition 13 Retailers Internet and Brick & Mortar Major U.S. Technology Retailers Retail & eTailers Provide Traffic (opportunity to sell) Merchandise Product Avenue for Promotion Build Brand Awareness Software Retailers Electronic Boutique / GameStop (4400+) Computer & CE Stores ABC Warehouse (41) Apple Stores (125) Best Buy (1200+) Fry’s (34) H.H. Greg (84) MicroCenter (21) P.C. Richard (51) Mass Merchandisers CVS (6200+) Kroger (2500+) Radio Shack (6000+) RiteAid (5000+) Target (1500+) Walgreen's (6100+) Wal-Mart (4100+) Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved Warehouse Clubs BJ’s Wholesale (170) Costco (529) Sam’s Club (580) Office Superstores Office Depot (1200+) Office Max (9000+) Staples (2000+) Military Resellers AAFES (147) EURPAC (53) Nexcom (44) Entertainment Resellers Blockbuster (7800+) Discover Channel (45) F.Y.E. (800+) Musicland Group (900+) Toy’s R Us (1500+) Virgin Megastores (11) Internet Retailers 4Sure.com Amazon.com Antonline Bestbuy.com Buy.com Dell eCost.com Gateway Insight NewEgg.com Outpost.com PC Connection PC Nation Zones Scholastic Staples.com TechDepot TechWave TigerDirect @2012 Global Marketing Partners | September 2012 Edition NEED MORE INFORMATION ON LAUNCHING IN THE US MARKET? Ready to Launch in the USA? Call Global We can set you up with a U.S. office, get you national distribution, design a product launch campaign and start selling your product to resellers. Rachel Zacharia Business Development Manager rachel@globalwrx.com 818.874.3216 www.globalwrx.com Global Marketing Partners, Inc. | 28038 Dorothy Drive Agoura Hills, Ca. 91301 USA | All Rights Reserved @2012 Global Marketing Partners | September 2012 Edition 15