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Expert Gives Perspective On How Nigeria Can Navigate Global Marketplace
In an era defined by interconnectedness and global commerce, the prospect of Nigerian businesses making their mark on the international stage has never been more promising. This is the position of a Adedeji Adesoye, a seasoned product marketing expert. Adesoye made this assertion recently saying just as with any venture, success requires a strategic approach, keen insight into the current challenges, and decisive actions to overcome them.
The expert who works as a seasoned Product Marketing Manager with a background in the fast-moving consumer goods (FMCG), said he has witnessed firsthand the transformative power of strategic planning and execution in expanding businesses beyond their borders.
“Having been recently honored with the esteemed Productivity Award and Leadership Impact Awards, I am eager to unravel a comprehensive guide on how Nigerian businesses can navigate the complexities of the global marketplace, surmount challenges, and emerge victorious.”
The expert noted that the path to international success for Nigerian businesses is not without its hurdles. He said, from navigating cultural nuances to meeting stringent international standards, the road to global success is paved with obstacles.
“Currency fluctuations, geopolitical uncertainties, and fierce competition also add layers of complexity. However, recognizing these challenges is the first step toward overcoming them.” He mentioned.
Adesoye further stated that there’s need for
Market research and analysis. He noted that businesses must undertake comprehensive market research using tools like Google Analytics, Marketo, and Nielsen Solutions.
The expert listed other critical factors that can help scale marketing as Product launch strategy and Planning, Digital Advertising and Marketing, Customer Relationship Management among others.
Adesoye also highlighted that Strategic Alliances, Adaptability and Innovation, Brand Development and Storytelling,Customer feedback and continuous improvement among others are ways to further drive the success of businesses at the international level.
Concluding, the expert gave a perspective that the journey of Nigerian businesses into the international market is both challenging and rewarding. Stating that, “It is a nuanced undertaking that demands meticulous planning, cultural sensitivity, and a dynamic approach to adaptation. The world is ready for the imprint of Nigerian businesses, and with the right strategies, the potential for success is boundless.”