Pan Tao: There are some things we'd like to say at the meeting,in order to put going global into perspective
The problems I met when going
global, I don't want you to met them again
There is no choice to go global,
but about the method, resources, market ...... actually we have a choice
Abstract:The
brave ones enjoy the world first. Come to the MEEM Going Global Conference on
January 11th!
Amidst the uncertainty of
the journey ahead, 2024 is coming to an end. Yet, compared to previous years,
2024 has seemed particularly long for me. As a veteran of almost 20 years in
the MICE industry, I have never been more anxious than I am this year.I thought
over and over again, where the problem lay. In the end, I came to the
conclusion that it was time to step out of my comfort zone! This is not about being competitive; on the contrary,
it's because I don't want to compete.
There is no other
choice but step out break out of the domestic "Circle of Death"
We often refer to
exhibitions as the barometers of the industry. We believe that with so many
companies and industry experts gathered at the exhibition site, the event
itself acts as a "think tank." In the process of communication, we
can discern the development trends of the industry.
For
the past 20 years, we didn't see any issues with this approach because the
trends brought about by exhibitions were almost always positive, and making money through exhibitions was relatively comfortable
and easy. With each exhibition we attended, the signals we received
indicated that the scale of the exhibitions was growing larger, the number of
exhibitors was increasing, and the industry was developing better. We have been
accustomed to this for the past 20 years.
However,
from last year on, there have already been some warnings about exhibitions.
Both exhibitors and visitors began to reduce simultaneously, indicating that
our market is starting to become saturated. Apart from the leading industry
exhibitions and those robust industries , many exhibition projects have already
begun to stagnate or even regress.
At
the recently concluded China MICE Industry Annual Conference, Chairman Chen
Xianjin offered three suggestions to stimulate internal creativity:
"Transforming Concepts and Mental Set Patterns," "Changing
Tracks and Paths," and "Rapid Response and Flexible Adjustment."
I believe these are very classic points.
Summarizing
so well, I quote Chairman Chen Xianjin's words to encourage us all:
"Transforming
Concepts and Mental Set Patterns"
Truly
make satisfying the ever-changing needs of customers the first mission and
eternal goal of exhibition professionals. Exhibition are scenes and platforms,
where there is content, form, process, and rules. But most importantly, there
are people, our clients, exhibitors, audiences, media personnel, and so on. Our
core task is to establish a customer-centric mindset, adapting to and creating
customer needs with this approach.
"Changing
Tracks and Paths"
Change
the "game plan" and go all out to discover new growth points for
business and pursue new drivers for business development. Organizers seek
growth through mutual learning and reference; venues and suppliers can boldly
enter new business areas to seek growth; embracing cross-industry collaboration
and reforming the supply chain should become a trend. Although we are reluctant
to admit it, there is a surplus supply in domestic industries, and many small
and medium-sized enterprises in various industries are struggling. To survive,
they need to open up new markets, and not only open them up but do so quickly
and take immediate action.
"Rapid
Response and Flexible Adjustment"
Quickly
respond to market changes and boldly adjust the direction of development
according to these changes, without easily giving up fleeting opportunities for
growth. At the same time, always maintain curiosity and learning ability,
continuously absorbing new knowledge.
The
exhibition industry in 2023 and 2024 has reached a critical juncture.
The
best way at present is to go global, and there is arguably no other option.
The
domestic market is the foundation, but clinging to it is like boiling a frog.
Escaping the domestic "circle of death," going global is no longer an
option but a necessity.
The
stones from other hills may not only be used to polish jade, but are also
precious gem themselves.
At
the beginning of 2023, going global was my top priority.
Although
I have studied abroad myself, our company has many clients with foreign
capital, and we also help many clients with overseas marketing, but to be
honest, starting from scratch to understand the overseas market is somewhat
daunting.
Where should I start with going global?
Should I set up a company overseas?
What are the requirements and risks of
establishing a company abroad?
What are the channels for local marketing in
foreign countries?
How should I find local resources?
How to deal with legal and labor issues?
...I have many concerns.
To figure out how to go global, I made
several trips to the UAE, seeking out my old friend who has been rooted in the
Middle East for many years, with a deep understanding of the region and
extensive local resources.
I
also went to Russia a few times and participated in several exhibitions
organized by ITE Group to understand the business environment and the real
status quo in Russia;
I
traveled to Singapore and Malaysia to interact with local head MICE companies
and connect with various resources.
I
also visited many other cities. The more I went out, the more worries began to
dissolve, and my confidence in going global grew stronger. In fact, overseas
markets are quite open to Chinese enterprises, whether they are brand companies
or exhibition platforms. As the international perception of "Made in
China," "China Speed," and the honest and hardworking image of
the Chinese people becomes more established, foreign markets are quite friendly
to Chinese companies.
Especially
in emerging destinations for going global such as the Middle East, Russia, and
Southeast Asia, both governments and companies have a very open attitude
towards Chinese enterprises because they all know that our purpose for coming
is to do business: it seems that the rabbit is not much interested in anything
other than making money.
Moreover,
many countries have well-established support services to facilitate business
operations, . From the initial company registration to a range of subsequent
issues, there are not only private service companies but also government
agencies ready to assist. As long as you conduct your business honestly and obey
the rules, essentially all problems can be resolved with their help.
The Chinese enterprises that have already
established themselves locally have also provided me with a wealth of
experience, from smallest things such as legal and cultural considerations to
broader strategic planning and consumer trends in the area. Especially their
own development histories have offered me a multitude of case studies for
reference. Their suggestions is highly targeted, and it could be said that they
are my "think tank" for going global.
I would like to especially express my
gratitude to the friends who have provided all kinds of help in my journey of
going global over the past two years. This includes President Qu Weixi and
Secretary-General Jiang Huai from CCEES, Brother LONG from the Middle East, Brother
Feng from Exhibition BEN, General Manager Mi from ITE Group, General Manager Fu
from Lama Events, General Manager Xu from Orient Lu Ming International
Exhibition , and so on. At the same time, I have also received a lot of help
from companies and institutions, such as SACEOS, TCEB, the Chushang of Hubei
Province,, The General Association of Shaanxi Entrepreneurs, the Beijing
Chamber of International Commerce, Informa Exhibitions, RX Exhibitions, Messe
Frankfurt, Messe Munich, Messe Düsseldorf, Deutsche Messe, Nuremberg Messe, and BESAFE. I also
appreciate the professional advice and guidance from partners like Adhu from
India, which has helped me connect with many high-value resources.
For me, the ability to take the step to go
global is 80% due to the support and assistance they have provided.
Without courage, where does luck come
from?
In fact, my original intention to go global
in 2023 was to expand the exhibition business overseas, to assist domestic
exhibitions with overseas marketing and to connect resources in overseas
destinations, enabling domestic organizers to smoothly host exhibitions abroad.
Every time I go abroad to connect with
resources, when I post a few moments on my social media and share some videos,
friends would leave comments or send private messages asking me a series of
questions about going global, including the local business environment and
policies. Moreover, I've noticed that friends from non-exhibition industries
ask more questions, with greater detail and urgency.
To be honest, my responses to these
inquiries are generally very subjective and can only offer personal opinions
from my own perspective. I am not an expert in interpreting many policies or
trends related to going global, and I rely on friends' help to connect with
many resources. After doing this several times, I thought it would be better to
organize an event, invite professionals to discuss, and let entrepreneurs with
the intention to go global ask in person.
The problems I wondered at the beginning,
the worries I experienced, many friends who are
going global for the first time also need to face, so it's better to
talk about it once and for all. That's why I came up with the idea of “MEEM Going
Global Conference”.
For this purpose, I have invited a number
of capable organizations, institutions, and enterprises from China, and
everyone has been very supportive of this idea.
China Convention/Exhibition/Event
Society(CCEES) is the host of this conference. As the only national
organization currently approved by the State Council of China with the titles
"China" and "Exhibition", its authority and leadership
within the industry are evident. This year, CCEES places special emphasis on
exhibitions going global. Coincidentally, I am the director of the New Media
Marketing Committee of CCEES, so it was quickly decided.
Among the supporting organizations, Chushang Federation of Hubei Province has
over 200,000 member units, with 13 provincial direct-undertaking chambers of
commerce and 20 industry-specific committees (sub-branches), and has
established close contacts with 31 provincial Hubei chambers of commerce
nationwide and over 50 Hubei chambers of commerce overseas. Since our Wuhan
company has formed a bond with the Chushang Federation, our mutual
understanding has increased. This time, for
helping enterprises to go global, the Chushang Federation is also very
supportive.
As a native of Shaanxi, no matter where I
make a living, even when going global, I cannot avoid the sentiment for my
hometown. The General Association of Shaanxi Entrepreneurs's organizational
system and service network have covered 37 countries and regions across the five
continents, with more than 200 Shaanxi business institutions (Shaanxi Chambers
of Commerce) established worldwide, boasting over 50,000 members and a total
asset value of more than 4 trillion yuan. Its global influence and power are
also very significant.
One of our supporting entities is ITE
Group, which has been deeply engaged in Russia for over 30 years and possesses
abundant resources. In 2024, ITE Group hosted 26 industry exhibitions in
Russia, covering more than 10,000 exhibitors and over 500,000 professional
buyers, encompassing various aspects of daily consumption, healthcare,
industry, and logistics in Russia, and capable of connecting with a vast array
of local Russian resources.
Additionally, we have Trade Development
Bureau of the Ministry of Commerce as a supporter. They can be considered the
ultimate authority on the matter of going global and have provided significant
support for our conference.
Given the attention and support we have
received from everyone, I am indeed a bit concerned about the limitations of my
personal capacity. Therefore, I have also invited several well-known
enterprises from various niche fields to co-organize the event:
Exhibition BEN is a well-known industry
media outlet and think tank in the exhibition sector. The diector Feng is a
prominent "internet celebrity" within the industry. He has a profound
insight and understanding of the sector, and his arrangements for events and topics
always hit the nail on the head.
BESAFE specializes in cross-border
exhibition logistics, providing logistics services to over 80 countries
worldwide. It not only possesses a wealth of local resources but also wields
significant influence at exhibition destinations, even having on-site service
points in many overseas exhibition venues, which can help domestic organizers
and enterprises solve numerous issues.
Lama Events, with its
core area based in Latin America, provides one-stop services for Chinese
enterprises in the region. This includes organizing participation in
exhibitions in Latin America, assisting Chinese companies in local market
promotion, facilitating cooperation between the two governments, and providing
services such as business delegations and the organization of large-scale
events. Particularly in popular destinations for going global like Brazil and
Mexico, Lama Events has an excellent reputation.
There are also overseas and domestic
provincial/municipal exhibition industry associations, chambers of commerce,
trade promotion agencies, and federations of industry and commerce, all of
which are in close communication. We believe that soon there will be even more
colleagues joining us.
With these forces, I believe that the MEEM
Going Global Conference is highly reliable in both its ability to insight
trends and solve practical problems. Whether you want to understand global
trends in going global or solve specific issues related to it, you can find
what you need at the conference. As this is my first time organizing such a
conference, I am a bit apprehensive, but overall, I feel confident.
My thought is to make the MEEM Going Global
Conference a forum for questions, case studies, and resources.
Question Forum: We will invite guests who
can address the potential issues encountered during the process of going
global, as identified by our research, and we welcome friends with questions to
come to the scene to find answers.
Case Study Forum: We will
invite several industry leaders who have been pioneers in going global to share
their experiences, allowing those who follow to learn from their experience.
Resource Forum: The most lacking in the
early stages of going global is resources, and we will invite local resource
providers and service providers from overseas. If you have any needs, you can
find them on-site for connection, and you can compare multiple options to find
the right resources.
Therefore, we have divided the conference
into sections on trends, strategies, empowerment, connection, and risk, hoping
to prepare for going global from scratch.
Though we call it a conference, the scale
is actually quite modest; we anticipate around 200 participants. The advantage
of having a smaller group is that we can cater to each individual's needs. Our
goal is to genuinely solve everyone's problems, aiming to reduce the
trial-and-error costs associated with going global and to enable everyone to
confidently take their first step into international markets. In this process,
we gain some income and a sense of achievement.
I hope that friends from both the domestic
and international exhibition industry will regard this conference as a new
entity. It is a conference for the new media era that emphasizes content,
dissemination, and the sense of experience. It is our own pragmatic conference.
I also hope that more enterprises outside the exhibition industry will
participate, as your needs represent the ultimate end-user demands, and your
requirements are more diverse. You are the source of vitality for the industry,
and exhibition organizers should hear more of your authentic voices. The
exhibition circle itself is quite small; only with the involvement of
enterprises that represent the source of vitality can this conference truly
connect with the ground and maintain its vibrancy in every aspect.
Judging from our current content and event
organization, I believe these three types of participants would be most
suitable to attend.
First is enterprises, whether planning to
go global or having already successfully done so, looking to deepen their
understanding of overseas markets, acquire new marketing and management models,
and tap into more local resources. This conference is very appropriate for
them. Of course, if business organizations, trade promotion agencies, or
chambers of commerce attend with the mindset of helping their member units
solve problems, that would be even better.
Second is exhibition organizers, such as
domestic organizers who have self-organized exhibition projects overseas or
plan to hold exhibitions abroad, as well as exhibition agencies. This
conference will not only address where and how to hold exhibitions but also
facilitate connections with local resources. Additionally, the exhibitors among
the attending enterprises are "customers," and it is essential to listen
to their concerns before going out.
Third is resource providers, such as those
who can offer services like digitalization, marketing, business travel,
consulting, legal, logistics, insurance, certification, etc., to enterprises or
organizations going global. Or if you are a local chamber of commerce or trade
promotion agency that can provide cooperation support, attending with the
mindset of finding clients would also be very suitable.
As for the pricing, our conference is a
paid event. In my view, the topic of going global will be of significant
importance to domestic enterprises for at least the next 5-10 years. We hope
that the MEEM Going Global Conference can become a conference with long-term
vitality, and for it to be sustainable, continuous investment is necessary.
Organizing an offline conference is quite
expensive, and Beijing is particularly costly. Key guest invitations, venue,
setup and decoration, lunch and dinner, coffee breaks, matchmaking sessions,
materials, marketing and communication, and so on—it all adds up. After careful
calculation, the participation fee is set at 4000 yuan per person, and we are
unable to cover transportation and accommodation; those expenses are to be
borne by the participants themselves. If we have a full house of 200 attendees,
we should be able to make a slight profit. I hope that attendees will receive
high-value returns in at least one or two aspects, such as information
gathering, resource matching, or potential customer acquisition. This way, we
can feel confident about the participation fee, and you will feel it is worth
it. I also hope to be informed in advance about your concerns. We will honestly
tell you whether this conference is suitable for you. Please feel free to ask
more questions and share your needs with our team.
The earlier you confirm, the better we can
prepare, so those who register and pay by December 20, 2024 (inclusive), can
enjoy a favorable price of 3600 yuan per person. Additionally, we will provide
you with a short video production and dissemination service, which is our strength.
If you wish to support us in making the
conference even better and hope to be deeply involved, we especially welcome
that. For instance, sponsorships are very welcome, with no minimum amount
required, and we will include your generosity in our promotional materials both
online and offline throughout the entire dissemination process of the
conference.
If you wish to be more deeply involved,
such as agency or co-organizing, we are open to discussions and welcome them.
However, our organization is still growing, and first and foremost, we hope
that our values align and that the original intent of the conference is not
compromised.
So if you are also considering going global
and are concerned about these issues:
……
Should my company go global with the
current size/business model (self-assessment of the model)?
Where should be my destination (market
research)?
Where should I start with going global
(pathways and methods)?
How can I gain local support (finding
resources)?
...
On January 11, 2025, you are invited to the
MEEM Going Global Conference. Whether you are already in the planning or still
hesitating, you are welcome to attend. Brainstorming together is much more
powerful than pondering alone.
The brave ones enjoy the world first. On the journey to going global, you are not alone. We look forward
to seeing you at the conference!
Registration for the conference is open
through the "MEEM Going Global" WeChat public account. We will
release a preliminary agenda within the next three days. If you wish to receive
an official invitation letter, official materials, or to inquire about
cooperation, please add our organizer Sunny on WeChat.
2024-11-25 17:12:59