What are the advantages of exporting my services?
There are many advantages or benefits you can gain from exporting. Some of the most common are the following: • Increasing sales volume beyond what is possible within your domestic market • Diversifying risk by broadening your market, currency, and client base. • Acquiring contracts in stable, convertible currencies • Acquiring customers whose needs are a better match for your services • Utilising your production capacity more continuously • Extending the life cycle of a service innovation. • Keeping current clients who are expanding internationally. • Acquiring new knowledge or experience that you can use in your domestic market. Resources from ITC for additional information: Export Readiness Diskette for Service Firms. Successful Services Exporting: A Handbook for Firms, Associations and Governments, 2001 (Chapter 2).
