Doing business in Germany
To understand German customers up front is essential to start and maintain your businesses success in the German market. We will give you some insights to the German market.
Advantages of the German market
THE ENGINE OF EUROPE’S ECONOMY
STRONG AND EXTENSIVE SUPPORT FOR SME'S
INVESTOR-FRIENDLY MARKETS
SEAL OF QUALITY "MADE IN GERMANY"
MAJOR DOMESTIC MARKET
HIGH PRODUCTIVITY
STRONG WORK ETHICS AND WORK CULTURE
FRIENDLY AND TRANSPARENT TAX POLICIES
LUCRATIVE MARKET
MEDIUM AND SMALL BUSINESSES
QUALIFIED WORKFORCE AND LABOUR
ADVANCED & WELL-ACCESSABLE
INFRA-STRUCTURE
CENTRAL LOCATION
German values
Quality is one of the main factors to be successful in Germany. You could say it is as important as punctuality. That is why you should keep in mind to have a proper Quality Management set up in advance, before you start to launch your products in Germany. The key is to plan out everything in advance. Additionally, to that, you need to present your future German customers with extensive and independent evidence that your product and/or service will be of benefit for them. The good thing is, that if you take care of good preparations, German customers and business partners will stay loyal. Loyalty is one of the top priorities in Germany.
We would like to give you some tips on how to navigate the German business world and therefore have summarized them for you here:
Why is doing business in Germany a good idea?
The German market is one of the fastest growing markets within Europe and is deemed Europe's economic powerhouse. It could be extremely beneficial to extent your business here - if you have a product or service that suits the German target group.
Overcome barriers
Expanding your international business to another country can be frightening, such as unknown waters. Without local assistance from established consultancies, it can be indeed a huge challenge for foreigners such as your company.
The UMSATZSCHMIEDE has experience with helping foreign companies to enter the German market. We would love to assist you to overcome obstacle and forecast and avoid dangers of launching in Germany.
One of the obstacles that you will be facing will most likely be the want of buying local products. Since the world is becoming more globalized every day, even conservative Germans are more open to the idea of buying foreign products and services without having trust issues.