ISSUE 77 / March 2008 |
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Dear Valued Customer, Companies that sell to international markets can take advantage of the US dollar's low value against other foreign currencies. A lower dollar means countries with stronger currencies get an automatic discount on American products, and you don't even have to lower your price! This month's newsletter will show you how easy it is to extend your reach to an international audience online.
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1. Top StoryTake Advantage of the Dollar's Decline — Go International!Take advantage of the dollar's falling value while you can. When the value of the dollar tumbles, US goods and services become a steal for consumers in countries with stronger currencies. For example, the value of a British pound now stands at about US$2. If you market your products in Britain, you're offering customers an automatic 50% discount without lowering your profit margin! Reaching international markets is easier than you might think. If you sell online, you can reap the profits of international business without leaving your country. Here's what you need: 1. An ecommerce Web hosting planIf you're not already selling online, you're missing the opportunity to reach international online shoppers. The first step in selling online is switching to a Web hosting plan that includes ecommerce features such as a shopping cart and secure sockets layer (SSL) certificate. An ecommerce plan allows you to post your products with images, descriptions and specs, and it gives customers the ability to securely order your products online, no matter where they are. 2. A merchant account that accepts foreign currencyTo accept credit card and debit card payments through your ecommerce Web site, you'll need to open a merchant account. To sell to international markets, your account must accept and convert foreign currency. PayPal merchant accounts can accept foreign currencies at competitive exchange rates. The company offers transactions in 16 different currencies covering countries in North America, Europe, Asia and Australia. Look into your other options as well. 3. Translations of your Web siteIf you're expanding into a country whose native language is different from your own, you'll need someone to translate your Web site. Do not attempt to use free online translation services. They're sure to mistranslate some of the idioms and slang that are a part of every language. Hire someone fluent in the culture and language to translate your Web site to make sure it sounds natural to a native speaker. 4. A marketing plan for gaining business in your target countriesWhen your Web site is ready, you'll need a plan for attracting customers. You can use many of the same strategies you use at home to reach an international market. Google AdWords, for instance, offers ads in up to 40 different languages. If your domestic profits have been hit by the slowing US economy, you can make more money in the short-term by reaching out to international markets. But it's also a great long-term strategy to diversify your customer base and help you weather future business cycles. 2. Hostway NewsTwo Months Free on Edge Caching CDNNow you can inject some speed into your Web site with Hostway's content delivery network (CDN) and get two months free. For a limited time, we're offering all dedicated server customers current on billing with a Web site averaging at least 100 GB of bandwidth over the past three months the chance to save hundreds of dollars on our patent-pending CDN. Free Setup and 10% off New Microsoft Windows Server 2008Hostway is among the first Web hosts to offer Microsoft Windows Server 2008, the most advanced Windows operating system to date, with a special promotion. Customers who order a dedicated server with this operating system get free setup and 10% off the monthly price for the life of their account. 3. Smart TipBe culturally sensitive to the markets you're trying to reach.Before you begin promoting your Web site in another country, have someone familiar with the culture take a look at your content to make sure you don't offend your potential customers or make yourself look silly. 4. Special Offers!Save up to $150 on Photoshop CS3 Bundles and 5 Lightroom Training ClipsPhotoshopsupport.com is offering Hostway customers two exclusive special offers this month. First, take advantage of four different discounts on Photoshop CS3 bundles that could save you up to $150. Then, visit Photoshopsupport.com for five free video Total Training video clips and a coupon for 20% off your next purchase. Learn more about these special offers. Get a Free Subscription to "Website Magazine"Hostway has teamed up with "Website Magazine" to offer you a free subscription. This quarterly publication delivers information about proven Internet business practices and emerging trends that directly relate to Web site owners. Need to update your contact or billing information? Log into SiteControl now to update your account information, ensure continuous service and prevent any potential system delays. |
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