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Published byOliver Copeland Modified over 9 years ago
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World leading developer of Surveillance Technology Supplying sophisticated surveillance “solutions” 20 years industry experience Extensive vertical market coverage Proven track record of ROI over long periods of time History
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Market Sectors
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Mining
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Retail
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Warehousing/logistics
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Education
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Residential Estates
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Banking
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City Surveillance
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Ports
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Prisons
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Government
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Manufacturing
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Hospitality
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Distributors USA distributor Australia distributor Malaysian distributor Technologies Africa Middle East Europe
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Strategy To first be successful in our own backyard – Establish product excellence – Establish support infrastructures – Learn from our competitors – Establish sales methodologies – Establish channel partner program – Establish our product differentiators
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Strategy Focus on strategic export markets – We focussed on the U.K first (why?) Language Time-zones Culture – Next focus was Middle East (why?) Time-zones Developing market Logistics – Next phase USA and Africa
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How? Establish market potential – Trade shows – DTI funding – Forums – Partner relationships Establish route to market – Direct to installers? – Distribution? – Manufacturers reps?
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How? Investigate regions laws and regulations Appoint partners in region Appoint BDM for region Appoint support staff for region Rent/buy premises Create marketing plan – Trade shows – Forums – Partner marketing – Media
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How? Regional marketing efforts need to be backed up by: Global marketing campaign World class marketing material – Website – Product information – Corporate/product videos Global forums
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Challenges Cost of doing business – Travel – Hotels – Salaries Business methodology differences Business setup costs Cultural differences Political volatility Brand building
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Challenges Limited funding available from government (compared to competitors countries) Lack of local product support from government for local projects. Eg: – Ports – City surveillance – Prisons – Transnet
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Hard work Patience Planning Research – understanding the market and the risks Willingness to take risks Luck!! Summary
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Cathexis revenue is now 75% export related
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