Market Entry UK & Europe

Advice for companies looking to enter Europe or the UK for the first time

This time last week, we co-hosted an event with Radi8, a consulting and advisory firm that works with tech companies who want to enter new international markets. The event was part of London Tech Week and was for companies who want to enter the UK and European markets.

Our very own Rebecca Donnelly, Head of Corporate, joined the panel to discuss revenue, hiring and scaling and put forward the argument for PR to be a core feature when entering new markets. PR helps a company to get into the local culture and to make a name through local endorsement. You can see a snippet of her thoughts in this wrap-up video:

#Radi8AME

Following the event, we asked three of the panellists for their top tip for companies entering a new market. Watch their responses below.

Jules Chappell, Managing Director of Business at London and Partners

As MD of Business as the Mayor of London’s London and Partners firm, Jules speaks to businesses  – both established and entering the UK – on a daily basis.

Jules’s advice sounds simple – plan. However, the reality is that many businesses will either forget to plan, or will not realise the scale of how much planning is required to enter the UK market.

A business must take into account the market they are entering, its cultural nuances, and of course, the local bureaucracy that must be gone through.

David Quantrell, Business Advisor

David knows a thing or two about entering the European market. He was President EMEA at the US cyber security company, McAfee and more recently was Senior VP EMEA at the US cloud storage company, Box.

Culture is the biggest thing for David. He recommends that this should be a core focus for any company looking to expand its team across markets – aiming to find people that complement the company culture that already exists.

Get the people right, and everything else will become much easier.

Peter Gillingwater, Founder and CEO at Radi8

Peter, who founded Radi8 and executive search and talent development agency, Nexec Leaders, has not only entered new markets through his own business but specialises in advisor others on how to do so successfully.

His unique experience means Peter has a 360-degree view of what entering a new market means for all departments of a business and knows what works, and what does not.

Peter’s advice? To hire the best talent. Don’t skimp. And if you’re sending out your own, never send the second best.

You can see more of the insights from the event over on Twitter; check out this Twitter Moment or look back at the hashtag to see all the updates.

On a side note, if you enjoyed the videos and think the social was on point during the event, well shucks, that was all us. Get in touch if you’d like us to handle your digital strategy at events in future.