It was the first time my British manufacturing
client, an award-winning SME from Yorkshire and also a client of Strong and
Herd, visited Latin America. They had invested in market research and in a
thorough distributor recruitment exercise that together had taken me exactly
a year. The pressure was on. The whole point of the trip was to recruit one
distributor in each of three key markets: Chile, Peru and Colombia. Flying
back to Uruguay, it occurred to me that a lot was learnt on this trip that I
would like to share with you...
First of all, stereotypes hardly worked. The “mañana,
mañana” attitude that so many Brits associate with Latin America was clearly
not appropriate. Business meetings were highly professional, everyone was
expecting us and, as both my client and I pointed out, everyone was perfectly
on time.
Language was a bit more of a mismatch. Some
potential distributors could speak English pretty fluently, but there was
always someone asked to join the meeting who wouldn’t. Perhaps a sales
assistant or a technical manager. Thankfully, rather than keeping quiet on
the corner or relying on constant interpreting, I was able, as a fluent
speaker of both English and Spanish, to involve them in the conversations.
Communication, as we all know, is highly non-verbal, but to interpret
non-verbal cues requires some cultural sensitivity. As a team, we could spot
so much more of what was going on, interpret it and act accordingly. There
was a lot of respect also about the fact that we had translated our marketing
materials into Spanish and that we had made the effort to communicate with
them in their native language.
My client was overwhelmed by the overall
friendliness and openness of everyone he met. He wasn’t culturally shocked.
He felt Latin America is nowhere near as “exotic” as a lot of people in the
UK imagine. Business is a common language. And there were no scares, despite
the (ignorant?) comments from the UK about us travelling to Medellin, often
seen as the drug capital of the world and now an award-winning city chosen by
the New York Times as the most innovative city on the planet. We felt safe,
with the necessary precautions, like anywhere else.
One great lesson was the importance of having
built relationships before landing in each market. I have been involved in
“trade missions” that basically “parachute” foreign business people into
Latin America and most don’t work or require an awful lot of effort during
the visit and afterwards. They are usually not taken seriously by local business
people. Having done so much preparatory work and having built relationships,
the only challenge was to consolidate those relationships with a face-to-face
meeting. We weren’t starting from scratch, and that paid off.
On another level, arranging the logistics for the
trip, to cover the cities of Santiago, Lima, Bogota and Medellin in five days
was challenging. Flights are expensive and irregular. Clearly better than 10
years ago, but distances are huge. Add to that having to adapt to weather and
altitude changes, and you can see how tricky it could be. But again,
preparation and research paid off and everything went according to plan. That
was greatly due to the professionalism and efficiency of a Latin American
airline that would put most European airlines to shame.
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Friday, 29 March 2013
And everyone was perfectly on time.... Reflections from a market visit trip across Latin America
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