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The Caribbean have a lot of trade opportunities for any foreign business looking to increase their distribution channels in new and untapped markets. The region has a combined population of over 35 million people and 26 countries. The Caribbean is composed of the following countries: Antigua and Barbuda, The Bahamas, Barbados, Cuba, Dominica, Dominican Republic, Grenada, Haiti, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago, Puerto Rico, Guadeloupe(France), Martinique (France), Curacao, United States Virgin Islands, Aruba(Netherlands), Dominica, Saint Martens, Bermuda, Cayman Islands, Turcs and Caicos, Anguilla, Montserrat and Saba. The Caribbean is very diversified as a region. You have various islands with different cultures and languages such as Spanish, English, French, Creole and other dialects. You will need to take into account for your market entry strategies and communications. In order to minimize risk and initial investments, finding a wholesale distributor or an agent could be a good option. These individuals or companies have large business networks and could help find potential clients for your products or services. Their in depth knowledge of the market can be a very valuable assert to you. This will also decrease initial investment costs for your company. Embassies and consulates are a wealth of information that can help you get detailed information and data about a particular market. The level of support you will get will really depend on the person in charge. In my experience, I have received both very good and bad support. Online B2B marketplaces are also a venue that you should pursue to search for potential clients and partners. These website are basically search engines that help you look for buyers and sellers. You can also find premium memberships where business can purchase a virtual showroom on the portal where they can professionally display their selling and buying offers. As you can see, doing business with a Caribbean company represents endless business opportunities for any foreign company looking to expand their distribution channels to new market. David Bess specializes in assisting businesses successfully trade with Latin America. To browse to his valuable resources, tips and links, click here Directorio
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