/r/internationalbusiness

Photograph via snooOG

The study, research, and/or practice of International Business.

/r/InternationalBusiness is a discussion of the study, research and/or practice of International Business.

The term "international business" refers to all those business activities which involve cross-border transactions of goods, services, and resources between two or more nations.

/r/InternationalBusiness is not a place for commercial activity. Please do not post offers to buy, sell or trade goods, materials or services. This includes 'infomercials'.


Look up the US Customs tax rate for your product(s) right here: Harmonized Tariff Schedule


Look up your industry right here:
Standard Industrial Classifications


Made In India (Int'l biz portal 1)

Made In India (Int'l biz portal 2)

Made In Taiwan (Int'l biz portal)

/r/internationalbusiness

11,864 Subscribers

3

How to Stay Ahead in the Digital Arena

As the digital universe continues to expand at a breathtaking pace, with over 250,000 new websites launching daily, staying ahead of the competition has transitioned from a tactical maneuver to a critical necessity.

Keeping a close watch on your competitors' actions can be a game-changer, allowing you to match their strategies and surpass them by tailoring and improving upon the tactics that work for them.

Website Analysis: Start with the basics by examining how much traffic your competitors attract and how much engagement they achieve with their audience. These metrics are fundamental for gauging their digital health and strategies.

Marketing Channels Insight: Identify which marketing channels yield the best ROI for your competitors. Analyzing their investment can reveal overlooked opportunities that you might exploit to your advantage.

Keyword Strategies: Keywords guide digital navigation. By understanding the keywords your competitors prioritize, you can carve out your niche or directly challenge their dominance in certain areas.

Keyword Gap Analysis: Discover the keywords your competitors haven't exploited. These gaps provide opportunities for you to attract traffic and drive conversions that they are missing.

Paid Activities Overview: Analyze your competitors' ad spending patterns, including their chosen creatives and cost-per-click (CPC) strategies. This insight can help refine your pay-per-click (PPC) tactics.

Performance Metrics: Delve into the performance of your competitors' top pages. What elements contribute to their success, such as content quality, layout, or user experience? Learning from these can help you enhance your website.

Niche Comparisons: Examining specific product lines or services can uncover targeted opportunities for innovation and improvement, especially in areas where direct competition isn't as intense.

Competitive Trackers: Monitor your competitors’ strategic moves and performance metrics on an ongoing basis. This continuous monitoring is akin to receiving a monthly report card outlining their performance compared to you.

Search Monitoring Tools: Use tools like Rank Tracker and Brand Protection alerts to monitor your market presence and see how it compares to your competitors.

By understanding the landscape and continuously adapting, you can ensure that your digital presence not only keeps pace but also sets the pace, leaving competitors reacting to your innovations.

0 Comments
2024/04/24
13:14 UTC

0

Survey amaranto snack

Hello, i'm Renzo Ynjante, a student of international Business Administration, and together with my group, we are developing a kiwicha snack for the U.S. market. It would help us a lot if you could complete this survey of less than 3 minutes to determine the viability of our product in the market.

https://es.surveymonkey.com/r/V52S6FL

0 Comments
2024/04/24
01:58 UTC

1

The Impact of AI on Global Industries: Key Insights and Transformations

Day two at the conference in Spain unveiled a series of intriguing and significant topics:

AI Security Concerns Intensify: As AI development accelerates, security issues multiply predictably. The challenges are vast, from personal data in model training to LLM injections and data leakages through the software supply chain. It’s not merely about personal responsibility or the quality of software integrated into business processes; there's a global shift towards a more rigorous approach. Every stage, from AI development to deployment, demands regulation to navigate these emerging complexities effectively.

EU Dataspaces Initiative: The EU's approach to data sharing outlined here could significantly propel healthcare development and enable broader AI implementation globally. Yet, it opens up as many questions as it answers. Concerns linger over potential breaches of privacy and the extent and purposes for which data can be used. In sectors like healthcare, while anonymized data could offer solutions, it also raises significant ethical dilemmas and the risk of commercial misuse, such as using this data for targeted advertising.

AI and Digital Twins: Proposed as a solution to urban challenges—ranging from traffic management to gunfire detection and crowd monitoring. These applications leverage AI and compact monitoring devices to address city-scale problems efficiently. The benefits seem to outweigh the drawbacks, especially when today a mosquito outraced my car on the Malaga highway—and it’s not even among the most congested cities in the world.

Insights from Google: Gemini 1.5 (and its open-source counterpart Gemma) claims to outperform ChatGPT-4 with extensive integration capabilities across personal and enterprise-level applications. It remains connected to the internet, thus providing continuously updated information. Unfortunately, due to strict regulations, AI studios are not available in the EU, compelling Europeans to stick with the ‘good old’ ChatGPT. Moreover, Google has introduced SynthID, a watermark that, if adopted globally, could serve as a method to verify the authenticity of AI-generated images.

AI in Cars: The Evolutionary Parallel: Just as the mobile phone industry evolved from introducing new features and specifications for specialized needs to creating a comprehensive ecosystem with the advent of the iPhone (where apps expanded functionality without needing new hardware), the automotive industry is mirroring this trajectory. From mere carriages without horses to fully integrated ecosystems, AI’s role is pivotal not only in manufacturing, logistics, mobility, and service but intriguingly in new design, quality assurance, and driving assistance. The progression from level 0 to fully autonomous level-5 vehicles is underway, with current developments hovering between levels 2 and 3.

Is the future now? Not quite. There remains a lot of work to be done and questions to be addressed, particularly around security and ethics. Technological limitations are no longer the bottleneck. Instead, the landscape is ripe with brilliant minds and visionary ideas currently being implemented.

0 Comments
2024/04/18
14:12 UTC

1

Looking for Jobs in the States requiring an Associates in International Business

Hello, everyone! I need to know what can I apply for when I graduate with an Associates in International Business. I'm thinking of taking the Licensed Customs Broker exam after I graduate and become a Licensed Broker, but I've a feeling that I can potentially catch bigger fish with a degree other than being a broker. Does anyone have suggestions worth trying out?

0 Comments
2024/04/14
23:44 UTC

1

"I am looking for new products, unique items, or proprietary products. Please contact me if you have products that have not been sold in Japan before."

0 Comments
2024/04/09
02:19 UTC

1

Scholarship help

Do any of you know of any universities/colleges that provide aid to international students? It can be anywhere in the US, U.K. or Canada. Or do you know of any scholarships? Specifically if the student is a Pakistani woman, secretly queer, and wishes to pursue a masters for business? I’m doing research but trying to get as much info as possible.

0 Comments
2024/04/08
10:36 UTC

1

Suggestions for Expanding Agency Internationally

Hello!

I'm a co-founder of a web agency specializing in creating websites for small businesses. Currently, we are actively seeking new clients worldwide. However, we've encountered a challenge in breaking into the international market. We are always open to new ideas and suggestions on how to enter the market successfully and find our clients.

If you have any ideas or proposals, please share them with us in the comments. I would greatly appreciate any ideas or suggestions. Thank you in advance!

2 Comments
2024/04/06
08:37 UTC

1

How Does One from the US get a job when they’re living abroad?

I’m planning to move temporarily to Europe and spend about 2 months in several locations at a time. I have been tied down to life in California after becoming very sick, and I need a break and a change in environment. I don’t have an industry that I’m currently working in, so I’d probably try to get a remote basic data entry job to start with, particularly part-time. I’d be traveling with my partner who’s a CPA in California so I’d have financial help from him as well. How do people keep and gets jobs when they’re in this boat in different time zones?

2 Comments
2024/04/03
17:07 UTC

1

Majoring in International Business?

I am considering majoring in international business. I am a dual citizen (American and British) living in the US. I am interested in the subject, I am a bit concerned though with how broad the discipline is for getting a job. Does anyone have any thoughts?

0 Comments
2024/04/03
15:52 UTC

2

Boosting Online Sales with Strategic Messaging and Localization

Creating value for your target audience is essential, as the average reader spends only 15 seconds on your page, quickly judging its worth. Here are some timely strategies that can help capture your audience's attention within those crucial first seconds and maintain their engagement, making your brand's message universally appealing and compelling.

Refine Your Sales Copy: The power of persuasive sales copy cannot be overstated. Whether through paragraphs, bullet lists, or compelling imagery, aim to clearly demonstrate how your product or service benefits the consumer, addressing their needs and enriching their life.

Utilize Video Content: Incorporating videos on your primary landing pages has been shown to significantly increase conversions, with an impressive average increase of 86%. Videos offer a dynamic and efficient way to communicate your message and value proposition, often outperforming text in terms of engagement and information retention.

Clarify Your Value Proposition: A strong value proposition is the heart of your digital presence. It succinctly conveys how your offering solves customer problems, the distinct benefits it provides, and why it's the best choice on the market. This direct communication fosters a deeper connection with potential buyers, guiding their decision-making process.

Embrace Localization: Tailoring your sales copy, videos, and value propositions ensures your brand feels local and relevant, significantly increasing its global appeal and effectiveness.

How have you adapted your approach for a global audience? What has worked for you?

0 Comments
2024/04/03
13:43 UTC

1

List

Ist there a list of multiplicators in any countries? Chambers, hubs,...

0 Comments
2024/04/03
08:25 UTC

1

The Birth of Taiwan’s Semiconductor Industry

0 Comments
2024/03/30
02:27 UTC

2

international networking project

Hello! I am a business student at Wichita State in the U.S. I am seeking 10 people, not from the U.S. who could answer two questions for me for my international networking project. If you are interested leave a comment or message me. I will need contact information to complete this project (email or phone number) so direct messages may be the best bet. Thank you!

1 Comment
2024/03/28
13:01 UTC

4

Why the US and Mexico share worries about China

Been seeing a lot of disinformation about the arrival of Chinese investment and imports into Mexico to "sneak" into the US. Though not entirely wrong, I thought it might be worth to really dig into the matter and why Mexico and the US have a strong shared interest here:
China’s interest in using Mexico as a backdoor into the US evident. What is easy to miss is how incipient this trend is. Until the US-China trade war, Mexico was not a destination for Chinese investment, instead Mexico was (and still should be) described as a staunch US-aligned partner. It’s something even Trump—or at least many of his allies and donors—recognise, having eased rather than increased tariffs on Mexican metal after renewing their free trade deal during his administration.

In theory, a car coming from Mexico is far likelier to be full of parts labeled “Made in the USA” than anywhere else in the world. Passenger vehicles and light trucks must be 75% North American, as per USMCA rules (it was 62.5% under NAFTA).

The problem is that lax enforcement has seen the rise of allegations that Chinese parts are being mislabeled as North American to avoid tariffs. These supplies can be half the price of any of its USMCA-made equivalents, so there is an incentive for Mexican maquiladoras (assembly plants) to fudge the paperwork.

This practice hurts Mexican producers as much as Trump claims it does those stateside.

Cheap—often state-subsidised—parts from China undermine Mexico’s fledgling supplies industry. While the country doesn’t have a Toyota or a Tesla to its name, it has gradually built Tier 2 and Tier 3 industries. These provide the parts that make up the finished product and, crucially, keep a larger amount of investment within Mexico. Local companies increase that what money stays substantially; cheap Chinese imports put it at risk.

My source is this rather interesting new outlet that clearly lays these issues out: https://mxpolec.substack.com/p/what-will-really-kill-nearshoring

0 Comments
2024/03/28
02:13 UTC

0

I don't know what to do with my career life

Hello everyone,

I hope you're all doing well. Before I share my thoughts, I want to mention that I'm seeking some advice.

I'm a 22-year-old soon-to-be graduate in International Business, with a minor in Strategy and Business Development. My job experience so far includes working as a Sales Operations Specialist(Internship) at a startup in the SAAS industry and as a Guest Relations Officer at a luxury 5-star resort.

To be honest, I'm feeling a bit lost when it comes to my career path. Despite my degree and overall job experience I'm unsure about what direction to take. Specifically, I'm struggling to identify promising job opportunities in Greece that align with my skills and offer decent pay. Additionally, I'm interested in exploring remote work options to collaborate with international clients while staying in Greece. Is this possible?

I've had conversations with classmates who've landed internships in areas like business analysis, consulting, and corporate finance. However, my attempts to secure similar opportunities haven't been successful. While most of them tell me it was luck that got them there, I cannot find myself to be this lucky.

Recently, I've been considering a career in Project Management, but I'm concerned by the entry requirements, especially in Greece. Most positions seem to demand 2-3 years of experience, leaving me unsure of where to begin.

So, I'm reaching out to this community for advice. Are there any other entry-level positions that are currently in demand? And how can I expand my options and find my place in the job market? Where do you think it would be a good option to focus my time and get a certification or try to teach the skills needed by myself ?

I genuinely appreciate any insights or recommendations you can offer. Your guidance could make a real difference in helping me navigate this stage of my career.

Thank you all in advance for your advice.

3 Comments
2024/03/26
09:52 UTC

0

What is the most valuable language to learn for international business?

I know the obvious answer for this is English, but I am a native English speaker, so really what I’m asking is whats the most valuable other than English.

Also, I know the answer is going to be it depends. If it helps narrow it down I primarily want to work in the energy industry, particularly is solar. However my undergraduate degree was in biomed so theres also a possibility of working in biomed/biotech. I also wouldn’t be principally opposed to working in the shipping industry.

My situation is I have a ton of money saved up and want to move abroad to do a full time language program for 2 years before going to grad school for an MBA to give myself a competitive advantage for both getting into a great school and to land a great job upon graduation. I’m leaning towards either Chinese or French but I’m still not too sure.

Thanks in advance for any replies

6 Comments
2024/03/22
21:04 UTC

0

Chinese-American Company Gift Giving

Hi everyone!

I have a meeting with a Chinese-based company that has a US HQ. We are meeting in the US, and executives from my company and theirs will be in attendance.

Is it appropriate to bring a gift for attendees? If so, do local trinkets make sense, since they live a short flight from me?

Appreciate and thoughts or examples of gifts you would give!

2 Comments
2024/03/21
19:06 UTC

1

Mexico and Nearshoring

Hey how you doing That are your thoughts on Mexican market and the nearshoring? The economy is growing by the investments of huge corporations and the contry it's investing in infrastructure too

Im from the north of Mexico, in Monterrey, where it's going to be installed the Tesla Gigafactory. We áre 2 hours from the border, a lot of another great companies are installing here too mainly in automotive, electronics, industrial supplies etc...

If you want to know more or looking for business opportunities im up to dm

1 Comment
2024/03/19
22:59 UTC

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