Partnering with TradeTech Solutions - Together We Thrive
Our mission is to make B2B eCommerce simple for SMEs - and one of the keys to achieving this is through partnerships. Here we set out:
- What a TTS partnership offers.
- The potential to increase exports of your SME client base.
- Which of your clients could be interested in Multilingual Microsites.
- Very Easy First Step for Your Client to Take.
- Conclusions.
- Interested? Please contact us.
(The following contains extracts from the British Business Bank's SME FM survey* that apply solely to the UK economy. However, the general thrust of the arguments is mirrored in similar studies conducted in other countries.)
What does a TTS partnership offer?
Partnerships with TTS can be structured in a number of ways to offer a combination of:
- A recurring income stream;
- Access to anonymised data traffic statistics which indicate the potential for new cross-border markets and services;
- A clear value added service to your corporate client base;
- Promotion of your business within one or more of our websites and\or through our monthly newsletters; and.
- Marketing collateral that you can adapt to the characteristics of your client base.
In addition:
- As your clients open up their international potential, this opens up your opportunities to sell more of your support services.
- Offering these value-added services allows you to differentiate the scope of your services from those of your competitors.
Promote Protegra in Partnership with TTS
- Typically, you will have a base of at least 500 companies that are interested in expanding their export potential.
- What we bring is a low-cost solution that includes the complete, tailored Protegra platform, integrated with your existing services.
If you have a client or corporate membership base that you think would benefit from having access to a Protegra platform, then please contact us for a no-commitment chat.
The Potential to Increase the Exports of your SME Client Base
The survey states that there are good reasons to assume that UK SME exporters have the potential to significantly increase their overseas sales - both in terms of numbers of exporters and export turnover per exporter.
- The survey estimates that c.530,000 SMEs are exporters - only c.9% of all UK SMEs
- Exports accounted for 10% of SME turnover which is well below the 16% average across all UK businesses In 2018, SMEs accounted for around one-third of total UK exports - down from over 50% in 2008 and 2009.
Moreover, these estimates above are lower than for their European counterparts.
Collateral: Benefits to Your Clients
Should you need any assistance in generating any marketing material, we'd be happy to assist.
The benefits of export sales can be summarised as:
- Risk Reduction; rather than increasing risk.
- Production Schedule Balancing.
- Improved Economies of Scale.
- Extension of Product Life Cycles.
- New Market Knowledge & Experience.
- Increased Revenues & Profits.
Simply put, thanks to you, for a very modest investment in time and money they unlock their international potential to benefit from all of the above.
Conclusions
The SME FM survey shows that there is a great deal of potential for SMEs to increase their volume of exports. However, there are the perceived barriers of increased risk and lack of resources. As a result, many (most?) SMEs are reactive and opportunistic. They need to have that first approach from an overseas market. Then they respond, positively.
We would suggest that:
- An SME's Multilingual Microsite can act as the magnet to attract that first overseas approach.
- The cost of the Multilingual Microsite is so low that even micro-enterprises can justify it in their marketing budgets.
- Using Multilingual Microsites as Virtual Stands makes it incredibly easy for SMEs to participate in multiple foreign language Virtual Trade Missions.
- Between TTS and our partners, we can provide any support that SMEs may need to complete their international trade safely and profitably.
Contact Us
If you have a corporate client base that you feel would benefit from their own Multilingual Microsites, or you would like to discuss how you could bring added value to any of our other services, please contact the Partner Helpdesk at TradeTech Solutions Ltd. We will then schedule an initial no-obligation chat at a mutually convenient time to discuss how we could work together.
*British Business Bank: “UK SME exporting trends: finance and trade February, 2020” UK-SME-Exporting-FINAL-VERSION.pdf