Global Opportunities Cross Industry Segments

Emerging global markets are growing faster than the mature economies of the U.S. and Western Europe.  IMA can help you take advantage of these high growth opportunities in the retail, auto aftermarket, MRO, and industries markets.   

Here is a great quote now 21 years old that is even more true today...

Going Global 

'Achieving Growth Abroad'' (Business Forum, June 26) was right on target but short of the ultimate reason why ''time is running out for many American companies.''

Exporting is more than growth, more than market share and more than increased profits. It's survival.

By allowing competitors to go unchecked overseas we lose the chance to test them early and far away. We lose the chance to test alternative strategies. We aren't forced into demanding markets or faster reaction times and blinding product cycles. We allow our competitors excess profits because we do not challenge them in their home. We allow those profits to subsidize attacks on the richest market in the world, our home market.

Many American companies feel their home market is unassailable. These are the companies that most need to forge a global mentality and export. The smug, non-exporting American manufacturer is the most vulnerable.

Richard Singer, New York Times. July 31 1988

 

Chinese Auto Parts Enter the Global Market 

Mr. Zhao, who runs one of the largest manufacturers of automotive starters and alternators in China, has long been interested in the United States. That should make his counterparts in the auto parts industry elsewhere very nervous.

“Entering the U.S. market is one of our key strategies,” said Mr. Zhao, whose company, Wonder Auto Technology, has obtained a Wall Street stock listing and is preparing to start exporting.

China’s auto parts exports have increased more than sixfold in the last five years, nearly topping $1 billion in April and emerging as one of the fastest-growing categories of Chinese industrial products sold overseas. More than half of these auto parts go to the United States; most of the rest to Europe and Japan.

The rise of Chinese auto parts exports is part of a much broader shift. China is moving up from basic goods like textiles, toys and shoes and toward higher-value industrial goods that pay better wages — but also compete more directly with products from countries like Mexico and even from advanced industrialized countries like the United States.

Keith Bradsher, New York Times. June 7 2007

 

Social-Networking Sites Going Global

SAN FRANCISCO — MySpace, Facebook and other social-networking sites aren't just slugging it out for customers in the USA.

They're expanding aggressively overseas, where a vast majority of Internet users live. Most are targeting Asia and Europe, both of which have more users of social networks than the USA, and are growing at faster rates, according to data from market researcher ComScore Media Metrix. Some are launching new sites, others are offering translation applications, and some are acquiring sites that are popular in specific countries, such as Russia. It's a land grab, as well as a form of insurance in case the U.S. market proves itself to be fickle," says Marissa Gluck, an analyst at Radar Research. "When you look at Internet use globally, the U.S. is a small but significant chunk. It's also beginning to plateau in terms of growth." In September 2006, 7% of Facebook's 10 million active users were outside the USA. Today, 60% of its 63 million active users are. "We are living in a global economy, and all of these economies are interconnected," says Dan Nye, CEO of LinkedIn. Half its 18 million members are outside the USA.

Jon Swartz, USA TODAY