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UK companies keen to export their way out of the recession
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06 November 2009 - A poll carried out by language services provider, Applied Language Solutions, has identified that four out of five businesses surveyed are either exporting currently or plan to export in the coming year. The poll, which was taken during the company's webinar on selling to non-English speaking customers which took place on Tuesday morning, highlights the positive attitude to sales growth that many companies are demonstrating, as they begin to look out for the first signs of economic recovery.

The webinar was set up as part of a five part Exporting series, run by Google, to offer information and advice to businesses on all aspects of exporting, from country research to product marketing. Applied Language Solutions focused its discussion around the use of translation and localization to sell to non-English speakers, with the motivation for businesses being that customers are four times more likely to buy in their own language.

Commenting on the opinions gathered during the company's webinar, Gavin Wheeldon, CEO of Applied Language Solutions, said: "We set out to provide some practical tips to businesses on selling in other languages and we expected that we might have a tough crowd to convince of the benefits of exporting. The feedback via our polling was very promising however, with 57% of the companies polled saying that they are already starting to export and another 26% saying that they fully intend to get exporting in the near future. We had expected there to be more of a reluctance to take this step and this proves that SMEs have no plans to be risk averse in the coming months, despite predictions of a slow recovery."

When asked what might prevent companies from implementing an export strategy, some stated that they were concerned about their lack of experience in foreign markets while others sited language barriers being something that might put them off. Although there is positive sentiment amongst the businesses polled however, Gavin Wheeldon believes that the 75,000 UK businesses currently exporting outside the UK isn't enough, when the potential revenue from international markets could be a vital lifeline for SMEs emerging from the recession.

Wheeldon continued: "There is so much support out there for business looking to expand overseas, particularly using an online presence, and things like language and cultural differences don't need to be seen as a blocker to growth. In fact, companies should be considering implementing their export strategies now while the pound is still weak and the UK remains an attractive place to buy from. Although we only carried out a small poll on this occasion, the respondents clearly showed that, in their opinion, exporting still presents a fantastic growth opportunity."

Applied Language Solutions teamed up with Google, Royal Mail, HSBC, Alibaba.com and UKTI earlier this year to launch Export Box, a pre-packaged low cost starter service for businesses looking to trade internationally. The model has recently been adjusted into price bandings, to encourage businesses of all sizes, with varying budgets, to enquire about how the service can help them to get exporting.

Details around Export Box, which is available in packages starting at £1000, can be found www.exportbox.co.uk.

 

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