Business Caribbean symbolizes white sand beaches, luxurious hotels and a booming tourism industry. Everything that was mentioned is completely true, but it has diversified and evolved into something much more. It now boost stable democracies, increased interest for investment and respectable growth rates. In this article you, you will learn how to expand your business into this dynamic region.
In order to trade with the Caribbean, you have to understand it better. It is made up of several islands such as: Antigua and Barbuda, The Bahamas, Barbados, Cuba, Dominica, Dominican Republic, Grenada, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago.
As you can see, the business Caribbean is very diverse with different cultures and languages so you need to keep this in mind when you market your products. Since the islands are quite close to each other and are fairly small, you can pursue the whole Caribbean market. In order to do the most cost effective way is to find local distributors or agents. This will allow you to test the market without actually investing in costly infrastructures.
Contacting embassies and consulates is a great way to find potential wholesale distributors as they posses a wealth of statistics and contact that could help you get a head start. Unfortunately, great support is never guaranteed and will greatly depend on who is in charge of the economic development to help you do business Caribbean.
If you are not too familiar with the internet for business purposes, you will definitely need to start. Online B2B marketplaces and portals have become an integral part of doing international business. These portals allow you to post selling and buying offers to the whole internet community. By doing this, potential distributors and agents can get in touch with you. To better promote your company, you can even purchase premium membership that allow you to have your own virtual showroom so you can better display your offer. For best results, look for marketplaces that have an emphasis on business Caribbean.
You can clearly see that it is not difficult to start business Caribbean. The research phase might be a little time consuming but it will be worth your efforts as the Caribbean represents various opportunities for foreign companies looking to export to new markets.
Joshua Adekane specializes in assisting businesses successfully import and export with Latin America. To access to his valuable resources, tips and links, click here Business leads