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When businesses think about going global, picking how to enter a new market is a big deal. Whether you're exporting, licensing, or teaming up with local companies, each choice has its ups and downs. It's not just about getting your product out there; it's about finding the best fit for your brand and goals.

 

Key Takeaways

 

  • Entry modes are the methods businesses use to enter new markets internationally.
  • Exporting is straightforward but offers less control over marketing and distribution.
  • Licensing involves sharing your brand, which can be low-risk but might limit control over your intellectual property.

 

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Choosing the Right Entry Mode: Exporting vs. Licensing vs. Partnerships

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