global business club of mid-michigan
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Global Business Club of Mid-Michigan. Creating Brand Recognition in a Global Market March 24, 2009 Patricia Anderson, CEO Cooperative Elevator Co. ESTABLISHED NOVEMBER 15, 1915. Vision and mission today are similar… Vision - PowerPoint PPT PresentationTRANSCRIPT
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Global Business Club of Mid-MichiganCreating Brand Recognition in a Global MarketMarch 24, 2009Patricia Anderson, CEO Cooperative Elevator Co.
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ESTABLISHED NOVEMBER 15, 1915Vision and mission today are similar
VisionWe develop long-term relationships with customers and the community that exceed their business expectations
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MISSION We provide quality service, products, and markets to enhance the value of the Cooperative
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Motto In Unity There Is Strength!
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Quick FactsOwned by 940 producer membersEmploy 140 full-time and 30-50 seasonal employeesDuring 2008 over $92,000,000 was paid out to members for commodities grown$65,000,000 investment in facilities and equipmentOver $176,000,000 in annual sales
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Quick FactsExport Beans and GrainExport Markets Include Australia, Canada, Guatemala, Haiti, Jamaica, Mexico, South Korea, Sedan, South Africa, Spain, United Kingdom
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Key ElementsMembersBoard of DirectorsManagement and Employee TeamEquipmentFacilities 16,500,000 bu. storageMarkets Global and DomesticRelationships
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Team
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Ready to Serve
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Beans
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Grain
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Agronomy
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Petroleum
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Feed
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Ready to Serve and Committed to Michigan!
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Facilities Throughout the ThumbAkron Bad Axe Elkton Fairgrove Gagetown North Branch Pigeon Ruth Sebewaing
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Akron
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Bad Axe
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Elkton
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Elkton Terminal
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Fairgrove
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Gagetown
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Pigeon
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Pigeon Colored Bean Plant
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Ruth
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Sebewaing
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Markets, Central de Abastos, Mexico
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Warehouse, Mexico
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Central de Abastos, Mexico
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Our Branded Product
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Package Retail Product
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RelationshipsMichigan Department of AgricultureLegislatureMichigan State UniversityMichigan Crop Improvement AssociationMichigan Bean Shippers AssociationMichigan Agri Business AssociationFood Export Association
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Premium Quality Bean Video
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Why Do We Export?Demand from ethnic cultures for our quality productsFreight advantageOffer enhanced markets to our patronsDiversify our businessTo develop global brand recognitionWe like challenges
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Export ChallengesTariffsLetters of creditCredit worthiness Different accounting standardsCurrency risksCultural differences Different business practicesLanguage barriersFreight
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Export Opportunities
Markets where you can achieve base hit results quicklyPopulationNiche marketsBalance profitability with risks, cost and timeWin-win attitude
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Export HelpValue added grantsBrokers Knowledge of the culture Knowledge of the customer Representation in the marketplaceExport hotlineBranded program Access to trade shows and people Marketing cost sharingInternational attorneys-trademarksCredentialing offices - labeling
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Export Rewards2006 named Michigan Ag Exporter of the YearIncreased inquiries from additional countries for all commodities
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Export ChecklistCollect information about potential export markets Gather information on a broad range of markets Research a selection of markets in depthMake comparisonsUse a formal matrix to weight questions according to importanceMake decisions
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Questions
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In Unity There Is Strength! Thank You!