Based on the source, US is planning to export more to China, India and other developing countries mainly for its small business since those countries have more purchasing power.
Today, small businesses are playing one of the most important business role in every country including US and finding its marketing through export will provide more jobs opportunities and provide more income.
Recently, U.S. Sen. Amy Klobuchar, Chairman of the Commerce Committee’s Subcommittee on Competitiveness, Innovation and Export Promotion, held a hearing on Tuesday, Oct 6 that focused on the federal government’s efforts to promote U.S. products overseas.
As it is reported, Klobuchar said “Exporting is literally a world of opportunity and over 95 percent of the world’s customers are located outside the United States. Increasing our exports will mean more business, more jobs and more growth for the American economy.”
The record shows that "U.S. exports currently support more than six million jobs in manufacturing and one million jobs in agriculture. Businesses that export pay employees 13 to 18 percent more and are 8.5 percent more likely to stay in business than companies that do not export. However, less than one percent of U.S. businesses take advantage of exporting and of those that do export, 60 percent limit themselves to only one foreign country. Recently, 30 percent of U.S. businesses indicated that they would be interested in exporting, but did not know where to begin.
“Small businesses are the backbone of our economy and helping them export their products will be increasingly important,” said Klobuchar. “As China, India and other developing countries gain more purchasing power, they will become our potential customers.”
Even US has a good plan to promote its export market, people will be more interested in how US will find its market in order to create market demands and find consumers. It might needs a well-planned in push marketing strategies.
Today, small businesses are playing one of the most important business role in every country including US and finding its marketing through export will provide more jobs opportunities and provide more income.
Recently, U.S. Sen. Amy Klobuchar, Chairman of the Commerce Committee’s Subcommittee on Competitiveness, Innovation and Export Promotion, held a hearing on Tuesday, Oct 6 that focused on the federal government’s efforts to promote U.S. products overseas.
As it is reported, Klobuchar said “Exporting is literally a world of opportunity and over 95 percent of the world’s customers are located outside the United States. Increasing our exports will mean more business, more jobs and more growth for the American economy.”
The record shows that "U.S. exports currently support more than six million jobs in manufacturing and one million jobs in agriculture. Businesses that export pay employees 13 to 18 percent more and are 8.5 percent more likely to stay in business than companies that do not export. However, less than one percent of U.S. businesses take advantage of exporting and of those that do export, 60 percent limit themselves to only one foreign country. Recently, 30 percent of U.S. businesses indicated that they would be interested in exporting, but did not know where to begin.
“Small businesses are the backbone of our economy and helping them export their products will be increasingly important,” said Klobuchar. “As China, India and other developing countries gain more purchasing power, they will become our potential customers.”
Even US has a good plan to promote its export market, people will be more interested in how US will find its market in order to create market demands and find consumers. It might needs a well-planned in push marketing strategies.
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