What Should a Brand Check Before Entering a New Market?
When entering an overseas market, companies usually focus on market size, product demand and marketing channels. But one question is often overlooked: Is your brand ready to enter the market? Going global is more than translating a website, launching social media accounts or finding local sales channels. Companies also need to consider their brand, intellectual property, marketing content and relationships with local partners. Your brand name: Is it available? A brand that can be used freely in its home market may not necessarily be available in an overseas market. Before entering a new market, companies should check whether similar or identical brand names, trademarks...