The RDA Blog of Doug Wood

Doug Wood

Doug has had over 16 years of experience in working with community development initiatives; developing and implementing marketing, strategic and financial plans; managing multi-million dollar budgets; managing and building teams; promoting and developing investment and trade opportunities; and advancing new areas of business, both domestically and internationally. He also has extensive experience in conducting market research in the US market. Currently, one of his projects is delivering seminars for business owners on entering the EU and US specialty food sector. Doug previously worked at Kroll, the Center for Public Policy Education at the Brookings Institution in Washington, D.C. and at West Virginia University. He was a Peace Corps Volunteer in the Slovak Republic.

Economy's impact on voting rates

Voters who generally ignore presidential elections are active during poor economic times. The US Census Bureau breaks down the reasons why people did not vote from time conflict, illness, difficulty in registering and not interested. t has been interesting over the last two weeks to see the onslaught of Facebook posting on the elections during the conventions and a couple people deciding not to logon for the past two weeks to avoid it.

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9.10.2012
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Are you a small business thinking about exporting?

There are two excellent government sites to help you get started on the road to exporting if you are an US business.. The first is export.gov which has a number of tools to help you assess if you are ready to export and Export University 101 that have a number of useful information on product readiness, planning and market research as well as regulatory compliance. Export Import Bank (Ex-Im Bank) is a government agency task with financial supporting these efforts. The Ex-Im Bank of is the official export credit agency of the United States.

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7.2.2012
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Retargeting Online Display Ads

Retargeting substantially increases the value of advertising, build brand awareness and retains the targeted visitors' eyes after they have left your site. This value added ad extension prolongs your ad message and increases its value. It is another interesting tool for enhancing the impact of targeted online advertising. Basically it allows an online display ad to act like search words and to track post-click activity. This process sets up post-click conversion potential for a display ad that had previously only been possible with search marketing.

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6.25.2012
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Atlanta Great Logistics Value

Companies in need of logistics in the southeast are still finding Atlanta a great value. Companies that are in the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, inventory, finished goods from the point of origin to the point of consumption are moving their goods through Atlanta. There is easy and cost effective access to air, rail, truck and ship transport. An experienced labor force, extensive logistics infrastructure and warehousing and to the state's incentives to create new business combine to make Atlanta a good place to do logistics.

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3.6.2012
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Web sales level playing field for small companies

In looking at Internet sales the top markets are The United States, United Kingdom, Canada, Germany, France and Australia. You will need to setup your shopping cart to accept the currency of the country you are selling into. Additionally you should generate some standard rates to cover international shipping charges that include any duties. Use an established logistics company to warehouse your product in country for a fee and then ship directly to the client.

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2.27.2012
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Saudi Arabia Has Real Business Opportunities

There are some real business opportunities for companies in Saudi Arabia. Saudi Arabia has approximately 26 million people and that is anticipated to reach 50 million people in the next 25 years. The Saudi government has committed over $625 billion in expansion. When entering a new market it is important to know the business environment. Take the time to learn the culture and understand the geopolitics of the region from Saudi Arabia’s perspective.

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1.23.2012
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Business is booming in Saudi Arabia

The three-day forum discussed opportunities for greater economic collaboration between the US and Saudi Arabia and provided an unparalleled business networking environment. The energy, education, medical sectors as well as woman owned business markets. All are experiencing dynamic growth and providing real opportunity for US businesses able to partner in these markets.

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12.19.2011
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Moving or Expanding Your Company

This past season we worked with a firm that was interested in expanding its operations into Georgia. As always the first step is to define the markets for the firm in the new location. A firm needs to sort out the market share and opportunity that the new location is expected to provide and to understand the fit between workforce needs of the business and workforce assets of the new location. Once the choice of locations can be narrowed to a list of two or three locations, then a firm should explore the tax incentives of each state.

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8.22.2011
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Steps toward developeveloping new and international markets

Growing new markets is a key component to future revenues. Finding new vertical markets and developing then strategically. Assessing international market opportunities and obtaining assistance from state trade representatives. Steps to access state support for exports.

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8.18.2011
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Suriname a country with opportunity and worth a look

Suriname was an agricultural based economy until the discovery of bauxite allowing for the production of aluminum. Additionally over 10 years ago gold was discovered in the country. Mining is the dominate industry along with agriculture and a small but growing tourism market. While land is plentiful and electricity cost $.03 per kilowatt there are not large multinational companies producing products in the country.

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4.21.2011
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