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Market Access Manual for Artisans Rev2 - Caribbean Export ...

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US consumers have very high expectations. They are confronted with hundreds of products and<br />

advertisements on a daily basis and expect high quality at reasonable prices. Women in the US<br />

are the primary consumers of handicrafts, home and fashion accessories, which they use to<br />

change looks without investing in entire makeovers. This consumer is generally willing to pay <strong>for</strong><br />

something if she finds it truly unique and desirable.<br />

Country Characteristics Pros Cons<br />

United States A strong desire <strong>for</strong> the<br />

unique, the interesting, and<br />

products with a history.<br />

Traditionally a strong market,<br />

and continues to grow, mainly<br />

on the back of multi‐ethnic<br />

immigration.<br />

Country Characteristics Pros Cons<br />

United States The US has a high level of<br />

internet penetration<br />

The US has the most diverse<br />

economy in the world giving<br />

handicraft producers a wide<br />

range of customers to which to<br />

sell their products.<br />

Country Characteristics Pros Cons<br />

United States It is a trend‐driven industry<br />

which means new products<br />

are the lifeblood of a<br />

successful selling season.<br />

While the US accounts <strong>for</strong> only<br />

about 4 percent of the world's<br />

population, its GDP is 26<br />

percent of the world's total<br />

economic output.<br />

Country Characteristics Pros Cons<br />

United States US is import‐friendly Handicraft producers face<br />

fewer barriers to entering the<br />

market than European<br />

markets.<br />

Country Characteristics Pros Cons<br />

United States The US is English speaking<br />

which makes it easier <strong>for</strong><br />

<strong>Caribbean</strong> producers to<br />

communicate with potential<br />

partners, consumers, etc.<br />

UK Consumer<br />

Large market of <strong>Caribbean</strong><br />

Diaspora.<br />

Price‐sensitive, price per unit<br />

realised in this market tends<br />

to be lower than in other<br />

countries. The US is a very<br />

competitive market. To<br />

succeed, you need to offer<br />

customers real value <strong>for</strong><br />

money.<br />

Design and style are also very<br />

important ingredients to the<br />

US market. Hence, <strong>Caribbean</strong><br />

artisans must present <strong>for</strong>ward<br />

thinking products.<br />

<strong>Caribbean</strong> artisans need to<br />

consider the impact of the<br />

additional costs of exporting<br />

on the final price of products,<br />

when competing with US‐<br />

based or other international<br />

suppliers where the cost of<br />

production might be lower.<br />

Some handicraft products<br />

may require additional<br />

certification when exporting.<br />

<strong>Caribbean</strong> artisans must be<br />

willing to adjust their product<br />

lines, prices, volumes to<br />

adapt to US market<br />

conditions.<br />

Generally, it can be said that British consumers are very proud of their homes and are eager to<br />

undertake constant renovation, restyling and decoration. The growing awareness of fashion and<br />

household design will serve the industry well. Even if the last few years were somewhat<br />

disappointing, there is great scope <strong>for</strong> growth due to replacement sales. More importantly,<br />

increasingly fashion‐led consumers at the higher end of the market are searching <strong>for</strong> decorative<br />

and gift articles that have a higher content of fashion than mere practicality.<br />

6<br />

Page 6

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