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Proprietary + Confidential Proprietary + Confidential Proprietary + Confidential Internet-driven exports: The SME Opportunity Andrew Ure SME Summit Lima 17 November 2016

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Page 1: Internet-driven exports: The SME Opportunity Proprietary ...€¦Proprietary + Confidential Proprietary + Confidential Internet-driven exports: ... on Google AdWords for APEC economies

Proprietary + ConfidentialProprietary + Confidential

Proprietary + Confidential

Internet-driven exports: The SME Opportunity

Andrew UreSME SummitLima 17 November 2016

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This is the most exciting time in history to be a small business

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3 reasons...

Information Information on opportunities, suppliers and prices

Low costComputational power (esp cloud computing)

Access Global customer base

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Example: Global searches for ‘Dentist’

https://www.google.com/trends

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Peru local searches for ‘Dentista’ (relative)

https://www.google.com/trends

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Peru local searches for ‘Peluquero’

https://www.google.com/trends

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Related searches for ‘Cafe’

https://www.google.com/trends

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Source: Statista, ComScore

More and more Peruvians are getting online, and buying online

57% Of Peruvians will have access to the internet by end 2016

43% Growth in internet purchases in Peru in 2015

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Source: GSMA Intelligence, ComScore, eMarketer

1200% Growth in mobile searches in Peru in the last two years

Mobile is a massive opportunity

50% by 2019

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Micro-multinationals

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APEC example: Benjamin Barker

● Singaporean company looking to expand overseas

● Target was Australian market but did not have money for physical presence

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APEC example: Tambo Teddies

● Australian rural women looking to recover from drought

● Use discarded wool to make personalised teddy bears

● Put internet at heart of business

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Source: ComScore

Peru: Export potential of micro-multinationals93% Number of SMEs on eBay that fulfilled at least one export order

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Micro-multinationals in Peru

Tejiendo Perú

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Micro-multinationals: Growth

19% Growth in proportion of export-oriented clicks on Google AdWords for APEC economies 2012-2015

Source: Google

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The role of platforms

MarketInstant access to millions

Technology World class technology at marginal cost

Trust Reviews provide benefits of a brand

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Regulatory environment is critical

● Protect consumersRecognising importance of new technological innovations

● Protect innovationData localisation, intermediary liability, copyright

● Protect growthAccess to markets, light-touch requirements

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THANK YOU