For the second summer in a row, more than 100 SEMA members, top international buyers, experienced exporters and providers of overseas services gathered July 25–26 for two days of networking and an exchange of exporting best practices and tips at the SEMA Export Fair, co-sponsored by the U.S. Department of Commerce.
“A good market with lots of potential” is how participants on the 2017 SEMA Australia trip summed up the Australian market in a post-trip survey. A full 100% of the participants completing the survey reported developing promising business leads that are expected to result in sales.
More than 25% of all buyers expected at the 2017 SEMA Show will come from more than 132 nations outside the United States. Show exhibitors should create an action plan to attract and service international buyers visiting their booths.
The United Arab Emirates (UAE) was the venue for the sixth annual SEMA Middle East Business Development Program in March. The 2017 event brought together pre-vetted trade buyers from 11 nations to meet with a delegation of 40 U.S. SEMA-member companies. The delegation included those returning for an additional SEMA Middle East program, such as aFe Power, Borla Performance Industries, COMP Cams and Injen Technology, as well as more than 23 manufacturers traveling to the Middle East with SEMA for the first time.
As the globalization of automotive manufacturing has accelerated in recent decades and U.S.-spec vehicles are now being manufactured and distributed via worldwide supply chains, a side effect has been the emergence of an increasingly affluent consumer class in much of the developing world. This, in turn, presents tremendous growth opportunities for American manufacturers offering goods and services that cater to this rapidly expanding market segment.
A contingent of 29 leading global journalists, tapped as members of the Global Media Awards (GMA) panel, was charged at the 2016 SEMA Show with selecting products from the New Products Showcase that would resonate best with consumers back home. The diverse group—journalists from 18 countries and covering niches from off-road to street performance, vehicle restoration and motorsports—made their selections on the opening day of the Show after reviewing more than 3,000 products in 16 categories.
Qian Guohui bought his first Jeep—a Compass—in 2010. The model choice was dictated by his wife’s tastes. But Guohui hankered after a tougher-looking Jeep, and he wanted to go off-road. In 2014, with his wife’s blessing, he bought a Jeep Wrangler.
One in five people in the world reside in just one country: China. A delegation of SEMA-member manufacturers recently traveled to this nation of 1.4 billion people to check out the automotive specialty-equipment market firsthand. During the four-day program, a dozen manufacturers met with pre-vetted buyers, toured top off-road and performance shops and were briefed by U.S. government officials based both in China and at the U.S. Department of Commerce headquarters. The delegation was struck by how the market, while clearly in its early years, has developed such a passionate enthusiast base with such strong potential.
Australia has a vibrant modified-car culture comprising three broad groups: pre-’49 street rods; post-’48 street machines, customs and musclecars up to the late ’70s; and later-model vehicles. The distinctions are important. Generally, the older the car, the more modifications are allowed. The culture is similar to that found in the United States, although the range and extent of modifications permitted is much more regulated and limited. And, of course, Australians drive on the other side of the road!
Tens of thousands of international buyers will be walking the 2016 SEMA Show looking for new products to export to their home markets. How do you, as an exhibitor, connect with these buyers who come to Las Vegas from Australia, the Middle East, Asia, Europe and more than 130 countries? They likely have just a few minutes to stop at any one booth, so how do you grab their attention and maintain their interest in order to introduce yourself and your product, scan their badges or collect their business cards? Here are some tips about how to attract buyers to your booth and what you can do even before the Show begins.