Don’t miss the latest Pittsburgh Tech Council’s One Mic Stand Podcast: The U.S Commercial Service Can Help You Go Global
Ryan Russell of the U.S. Commercial Service and Jerry Pompa of Compunetix step up to the One Mic Stand Podcast interview by Johnathan Kersting to tell you how businesses of any size can use the U.S. Commercial Service to tap into global markets. The Pittsburgh Technology Council takes amazing stories and brings them to life with the One Mic Stand Podcast. Meet the people building Pittsburgh’s innovative tech ecosystem. Listen Now: One Mic Stand: The U.S. Commercial Service Can Help You Go Global. This podcast episode serves as an informative resource for businesses of all sizes interested in global expansion, shedding light on the crucial role played by the U.S. Commercial Service in supporting and facilitating international growth.
About the U.S. Commercial Service
The U.S. Commercial Service is the trade promotion arm of the U.S. Department of Commerce’s International Trade Administration. There are U.S. Commercial Service trade professionals in over 100 U.S. cities, including Pittsburgh, and in more than 75 countries to help U.S. companies get started in exporting or increase sales to new global markets. The podcast emphasizes its mission to help U.S. businesses navigate and succeed in the global marketplace. This includes providing valuable insights, resources, and assistance to companies looking to expand their reach internationally.
Businesses of all sizes can utilize the U.S. Commercial Service for market data and analysis, to identify resellers, distributors, and/or partners, and to increase global exports. In other words, they assist companies in navigating new markets by developing a customizable approach for global growth, arranging meetings with new contacts, and coordinating relevant trade shows and events.
For over 55 years, Compunetix has been delivering advanced communication solutions, products, and technology all over the world, building and maintaining a reputation for reliability, customer service, product quality, and technological excellence. Compunetix, headquartered in Monroeville, Pennsylvania, has utilized the U.S. Commercial Service to break into markets in Asia, South America, Europe, and more, increasing global exports.
Representatives from both Compunetix and the U.S. Commercial Service will attend Trade Winds 2024, May 13 – 15, in Istanbul, Turkey. Trade Winds is the largest U.S. government-led trade mission and business development forum.
Why is this important?
Create a better business – overall, companies who export goods and services pay higher wages, stay in business longer, and are more profitable. International competition encourages companies to create better solutions while solving new problems.
Market diversification – relying solely on a domestic market can expose companies to economic fluctuations and downturns. By tapping into international markets, companies can spread their risks and reduce their vulnerability to regional economic challenges.
Revenue growth – with a larger customer base, businesses can scale their operations and increase sales. This influx of revenue not only supports the company’s financial health but also contributes to economic growth on a local and national level.
Stimulating innovation – international competition encourages businesses to innovate and stay ahead of the curve. To remain competitive in foreign markets, companies invest in research and development to enhance their products or services.