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Doing Business In Argentina

Doing Business In Argentina

Doing Business In Argentina

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As in many countries, personal relationships are fundamental when doing business in<br />

<strong>Argentina</strong>. Success requires taking the time to develop a close personal relationship with<br />

the representative, agent, or distributor. Marketing U.S. products and services in<br />

<strong>Argentina</strong> requires a higher level of research, preparation, and involvement than<br />

marketing products domestically.<br />

U.S. firms handicap themselves if their company’s product literature labels, manuals,<br />

and other written materials are not distributed in Spanish. When preparing Spanishlanguage<br />

materials, care should be taken to ensure the meaning is consistent for all<br />

Spanish-speaking markets in which they will be used. For example, Argentine Spanish<br />

differs from Mexican or Chilean Spanish. Unintended -and sometimes embarrassingmeanings<br />

therefore result when a translator is not familiar with variations in the language<br />

from market to market. Always use a professional translator, and if possible, have a<br />

native Argentine speaker, such as your agent or distributor, review any materials before<br />

using them in the Argentine market. Any official document to be presented before the<br />

Argentine government authorities that is not in Spanish requires attachment of an official<br />

translation into Spanish by a Sworn Public Translator (Traductor Publico), as well as<br />

certification by the Translators Association.<br />

Due to payment chain problems and virtual lack of credit as a result of the economic<br />

meltdown of 2002, price and financing terms have become more important selling<br />

factors than marketing. Purchases are concentrated in simple or critically needed<br />

products with a minimum marketing component.<br />

However, Argentine end users, who have become much more demanding and<br />

knowledgeable during the past open-import decade, will still look for a balance between<br />

price, quality, and after-sales service.<br />

Some practical tips to successfully approach Argentine consumers are the following:<br />

3/4/2008<br />

Appoint a representative or distributor<br />

Have Spanish language capacity in firm<br />

Furnish materials in Spanish<br />

Have a long-term outlook<br />

Personalize your approach<br />

Be consistent in attention to service and delivery<br />

Provide fair credit terms<br />

Dot your I's and cross your T's (i.e., consult as appropriate with lawyers and<br />

accountants)<br />

Protect your trademarks<br />

Do not take no for an answer/ frequent visits and follow-ups<br />

Many fax numbers are both voice and fax lines. When sending a fax to <strong>Argentina</strong> be<br />

prepared to say: "Linea de fax, por favor", when hearing an inquiring voice answering<br />

the call.<br />

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