Virtual Business Launchpad’s Market Entry Edition Batch #1 was an accelerated programme that was conducted within a short span of 4 weeks. Stormers are from Singapore, Taiwan and Malaysia and are in the field of Manufacturing, Dental, Internet of Things (IoT) SaaS, and Event Tech.
FOX-TECH Co. enables farming, logistics, cold chain, and manufacturing owners to monitor, track, and improve their operation by our data analytics IoT Platform. FOX- TECH combines secure, low power consumption, efficient data structure, and high sensor accuracy devices with its cutting-edge platform to simplify IoT for everyone.
With over 30-year experience and facilities both in Taiwan and China, their professional team offers thorough services from product development, design verification, pilot run, mass production, to global logistics. Mighty Net delivers one-stop service with quality and confidence.
Ticket2u is an online ticketing and event management platform that helps you buy and sell, manage, and check-in tickets for your event at ease.
Ticket2u owned Ticket2u.com, Ticket2u.com.sg, Ticket2u.com.my, Ticket2u.co.id, Cloudhax.com and Hax.com.my. Our operations covered Singapore, Malaysia and Indonesia.
CEREC Asia is a certified CEREC CAD/CAM training institute founded in 2016. It is an authorised independent training centre for official Dentsply Sirona training certifications. Other than on-site training, CEREC Asia also provides digital courses. The group has developed the first product called EasyPrep, which has been distributed by dealers locally and is in talk to distribute to countries like China, Malaysia and Thailand.
Tooth Faerie is a crowdfunding project under CEREC Asia. TOOTH FAERIE is a dental-specific crowdfunding platform.
Week #1 is all about planning for what are needed for a successful market entry. The objective is to optimise the resources set aside for new market development and achieve your objectives at the shortest time.
We learnt about their market development plan and identify challenges that they could be facing.
In this course, we highlighted three key components – People, Strategy, and Cash – that are essential in most businesses to achieve the sustainable scale-up model. It also introduces practical tools to identify what needs to be changed in order to scale up the business fast.
Preparation for market entry is an ongoing process and could be a tedious one without having the right direction. In this workshop, we discuss the three main steps to prepare for market entry. Resources such as guides on market research, business plan creation, business model creation, performance measurement and budgeting were available for our Stormers.
Week #2 is all about brainstorming on what can you do to enhance your entire business through the new market entry. The objective is to ensure your market entry plan is aligned with your corporate strategy and beneficial to your company as a whole.
Identify which areas and in what ways you can enhance your market entry strategy.
In this course, we focused on building a platform business model. Stormers learnt to optimise the use of your resources and prioritise your stakeholders systematically, identify areas that need to be enhanced, as well as make the right strategic decisions.
Week #3 is all about identifying aspects of your business to be systemised, which will help with smooth execution during new market entry. The objective is to ensure minimum operational disruption when expanding in a foreign market.
Identify which aspects of the businesses can be systemised.
Having a high-performance work team is critical to the success of developing a new market. In this course, we focused on building a team of warriors through identifying those with the critical trait: growth mindset, as well as mapping down the career path to build a sustainable relationship between you and your employees.
A systemised business is one that has defined processes in place to maximise efficiency. Not all processes should be systemised. In this workshop, we discussed on which aspects you can look into and how can it help you with expanding a market.
Week #4 is all about working towards some tangible or intangible results . The objective is to get some sales in the new market to sustain your operations locally. It is also the week to do some branding of yourself and let others to get to know you more.
Discussion on how to get yourself out to the market, brand yourself and the company, and generate some sales.
This course aimed to help Stormers to maximise their sales potential to convert potential leads to actual sales in just a few steps. Effective selling is a valuable skill. This is no doubt essential when you are trying to establish yourself in a new market.
A themed and structured public discussion will be put together with the Stormers whereby you can share about your company and experience. Stormers shared their experience in building an ecosystem in their field of business.