With the growing internationalization and globalization, more and more firms are expanding their operations beyond their mother countries and cultures. This implies that companies opening operations and offering their products in new territories are venturing into new markets whose cultural practices, language and even consumption behaviors are far much different from those in the home countries.
This underscores the need for such organizations to invest in localizing their products in the new markets purposely to appeal to the new consumers. This is especially important because for a consumer to purchase a product, it has to conform to their cultural practices and preferences. Besides, and obviously, the language used to market the product should be understandable and acceptable to the consumers if they will develop interest in and actually use it.
Companies can choose to undertake product localization by themselves or enlist services of a localization service provider. Whichever pathway they choose, they must make sure that the localization is done to success.
An organization may want to enlist services of a localization company, localization solutions for localization of its products. As already implied, the need for localization solutions can not be overstated. To start with, a reliable localization service provider works to assess the validity of your product in the new market. This involves a strategic study of the target market to see how much they would be willing to use the product. This is especially important since it informs decision making and averts possible losses which could be incurred if a product is introduced in a new market where the cultural preferences may not allow its consumption. Such an assessment is also important since it saves you the possible problem of legal action in the event that your product is not allowed by the national and/or local authorities in your new market
After the localization company, localization solutions establish the validity of the product, it goes ahead to customize the product so that it conforms to the standards of the new market. This is particularly important because you stand to fail in the new market if the language in your products or marketing material contains errors and/or cultural and legal discrepancies. This involves translation of adverts, product labels and descriptions, as well as consumer manuals for goods which require such. It also entails changing product colors, and packaging to conform to the preferences of the new market, taking into account local customs and formats. Pricing should also be taken into account in accordance with the local currency.
For products such as software and websites, the language and content has to be localized to give it a local ‘feel and look’. For example, if it is a software designed in the US and whose particulars are in English, it need to be translated if it is introduced in a new market like Korea or West Indies. The content will also need to be filtered according to the customs and cultural beliefs of the target consumers which are obviously different from those of US consumers.
For fruitful localization, it is quite imperative that you choose a localization company, localization solutions which have substantial experience working in foreign markets and with international companies in their native settings. Such companies understand the local market and are in a better position to localize your product (s) to appeal to your new market.