Missie Lindsey Marketing Coordinator Southern United States Trade Association Danielle Viguerie...
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Transcript of Missie Lindsey Marketing Coordinator Southern United States Trade Association Danielle Viguerie...
Missie LindseyMarketing Coordinator
Southern United States Trade Association
Danielle ViguerieMarketing Director
Total U.S. Exports and Imports of Food and Agriculture
Valu
e in
Mill
ions
Data Source: U.S. Census Bureau Trade Data, U.S. State Export Data
U.S. Agricultural Trade Totals For August 2015
Exports: $9,560,947,968.00Imports: $9,053,788,501.00
Trade Balance: $507,159,467.00
U.S. Exports 2010-2014
Value in Thousands
Data Source: U.S. Census Bureau Trade Data, U.S. State Export Data
South Carolina Consumer-Oriented Exports 2014More than $520 Million
Product Type – Top Ten Country – Top Ten
1. Canada2. China3. Korea, South4. Hong Kong5. Angola6. Russia7. Mexico8. Indonesia9. Chile10. Nigeria
1. Poultry Meat & Prods. (ex. eggs)2. Prepared Foods3. Dog & Cat Food4. Pork & Pork Products5. Condiments & Sauces6. Dairy Products7. Tree Nuts8. Beef & Beef Products9. Processed Fruit10. Fresh Fruit
5
0
200
400
600
800
1000
1990 1994 1998 2002 2006 2010 2014 2018
Foreign households w/real PPP incomes greater than $20,000 a year
“Middle Class” Outside the U.S. Expected to Double by 2020 – To 1 Billion Households
Worldwide food consumption will be impacted
Developing countries
Developed countries (ex US)
Middle class in developing countries projected to increase 104% by 2020 vs. just 9% in developed countries in 2009
Source: Global Insight’s Global Consumer Markets data as analyzed by OGA
Global market trends and forecasts
•95% of the World’s consumers are outside of the U.S., yet only one in 100 companies export
•Total U.S. ag exports up 50% since 2009
•Long term: World population is projected to increase 32% to 9.1 billion by 2050
Eligibility Requirements:• Must be promoting a brand• Headquartered in SUSTA region• Small by SBA standards• Product at least 50% U.S. agriculture content• Origin statement on product. Ex: “Made in USA”• Annual Sales Requirement
www.susta.org
SUSTA RegionAL – Alabama AR – Arkansas FL – Florida GA – Georgia KY – Kentucky MD – Maryland NC – North Carolina PR – Puerto Rico SC – South CarolinaTN - TennesseeVA – Virginia WV – West Virginia
Market Access Programs:
• International Marketing Program– Trade Shows & Trade Missions
• Brand Promotion – 50% Reimbursement
www.susta.org
International Marketing ProgramInternational Trade Shows Why Are Trade Shows Beneficial?
– To see and meet with existing buyers/distributors
– To identify new prospects – Gain market intelligence and – See what competitors are doing.
www.susta.org
SUSTA Pavilion at Seoul Food & Hotel
International Marketing Program
Inbound & Outbound Trade Missions
www.susta.org
Ex: Caribbean-Central American Inbound Trade Mission to Miami
International Marketing Program
www.susta.org
www.susta.org/events
. www.susta.org
Getting startedwww.susta.org
1) Sign into MySUSTA to access 2016 Pre-qualification
2) Complete 2 page Pre-qualification form
3) Once determined eligible, you can register for 2016 events on a per event basis
. www.susta.org
Brand Promotion
50% reimbursement marketing expenses
togrow
your brand internationally
www.susta.org
Brand PromotionEligible Expenses
• Advertising• Printed Sales Materials• Direct Mailing to Foreign Buyers• Public Relations- Press Kits• Website development• Freight• Packaging/Label Changes• In Store Demonstrations and Food
Service Promotions • In Store Displays
• Exhibition at International Trade Shows & Approved U.S. Trade Shows
• International Trade Seminars Sponsored by Company
• International Trade Missions • Travel Expenses • Part-Time Contractors for trade
seminars and trade shows• Promotional Give Away Items
www.susta.org
Brand PromotionFirst step:•Company develops international marketing strategy
www.susta.org
Apply Annually for Brand
Promotion
* Application includes a
marketing plan per country.
(limit 10 countries)
* 5 year graduation rule per country
Maximum reimbursement: $300,000Minimum reimbursement: $2,500
www.susta.org
Brand Promotion
*Company pays SUSTA 6% administrative fee on reimbursement amount.
Ex: If a company requests $2,500 from SUSTA, they will pay a $150 fee
Next steps:• Conduct marketing
activity• Collect required
documentation
• Submit expenses• Receive
reimbursement
www.susta.org
Helping small Southern food/ag companies promote products in foreign markets
www.susta.org
SUSTA
Fill out the 2016 Pre-Qualification at www.susta.org If approved for
Brand Promotion International Marketing Program
Complete 2016 Application Start signing up for 2016 events at: If approved www.susta.org/events
-Trade shows
Receive 50% reimbursement of -Trade Missions 2016 international marketing expenses
Contact:Southern U.S. Trade Association
701 Poydras StreetSuite 3845
New Orleans, LA 70139Tel: (504) 568-5986
www.susta.orgEmail: [email protected] or [email protected]
Like us on
. www.susta.org