One of the challenges faced by foreign companies during new market entry is establishing new business networks and connections in a new country. The most plausible solution to this is to start a partnership with local companies. This brings several advantages for the foreign company. They could get a better understanding of the new market and will have the chance to select local partners that fit their exact specifications.
In the preliminary meeting, we will clarify a few points to our client which includes discussions about their existing clients in the Indonesian market, types of products they offer, profiles of partners they seek to work with, information about their competitors and many more.
After understanding the client’s criteria for potential partners, our team will conduct a Market Research to find the most suitable partners for our clients. We will also give them Market Note which provides information regarding mutual business interests, complementary services, skill sets, and strengths. The aim is to create a beneficial partnership for both parties.
After the Market Research process is completed,, our team will send the names of the potential partners to our client. The client will be given the chance to rank, prioritize, and measure their level of interest in the list of potential partners they were given with the following grades:
Once the clients have made their choice, our team will contact the potential partners and arrange a meeting with all parties involved. This will be the final meeting with the agenda of finalizing the terms of agreement before the partnership comes in full effect.
Searching and selecting local partners in Indonesia is an intricate and thorough process. We are committed to helping you select local partners most suitable to your criterias. Should you have any inquiries, please contact us.