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OverviewOverview
There is a significant market for used automotive spare parts in the Dominican Republic. Of this, 80 percent is dedicated to motor engines and transmissions.
Low incomes of the majority of Dominicans are one of the reasons why most car owners are forced to buy used spare parts.
Despite a negative decline of total US Exports, The Dominican Republic has showed a constant substantial increase throughout the five year period.
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Problem
The Dominican Buyer doesn’t have the time or necessary resources to travel back and forth seeking the parts they need.
Many would prefer to travel into the United State to make their purchase but don’t have the necessary Visa
This makes purchasing parts more difficult.
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The SolutionThe Solution
This business differentiates itself by functioning as an “off-site” Export Sales Department, exporting EXCLUSIVELY in
the Dominican Republic.
As an Export Management Company, we will assume complete responsibility for locating, dismantling and
shipping saving time worries and money.
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The SolutionThe Solution
Set up office in Santo Domingo and register as a Dominican Business. This will allow us to handle the marketing, shipping as and
provide direct customer concerns including the safe and efficient arrival of each shipment.
Web Site is Spanish translated and is aimed exclusively towards the Dominican Buyer
Opportunity & MarketOpportunity & Market With the exception of 2006, the sale of Automotive parts
and components has maintained a constant growth rate throughout the 5 year period. A large part of this high growth rate is due to the DR-CAFTA.
There is also a significant market for used automotive spare parts in the DR. Of this, 80 percent is dedicated to motor engines and transmissions. Low incomes of the majority of Dominicans are one of the reasons why most car owners are forced to buy used spare parts.
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ProcessProcess
Set up US office to conduct sales, documentation processing and domestic administration.
Setting up Office in Santo Domingo to make it more convenient for the potential buyer.
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ProcessProcess8
As an Export Management Company, we will Scour the US in search of quality automobiles through local Auction Houses, as well as various Financial Institutions with retired fleets they need to get rid of.
Power Pro Trade Online Product Page
Once we have found a vehicle that is suited to the Buyer’s demand, it is then listed on our online Product Page atwww.powerprotradeonline.com which contains translated photos, specifications including VIN number and maintenance reports.
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Process
In house depot for disassembling In house depot for disassembling storage and loading.storage and loading.
Source of U.S. Exports
Vehicle Disassembly
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Go-to-Market StrategyGo-to-Market Strategy
Key players◦ U.S. Office Manager base in Orlando, Florida. ◦ Dominican Representative and Translator based in Santo
Domingo to handle telephone sales and administration.◦ Describe who sells your product or service
Marketing Plan (Execution)◦ Internet Marketing Strategy◦ Telephone Sales using post cards◦ Virtual Office in Santo Domingo◦ Partnership with Orlando Mechanic to provide Dismantling
facilities.
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Current StatusCurrent Status
What milestones have you achieved so far?◦ We have participated in the Key Partnership Program
sponsored through the Commercial Dept in Santo Domingo.
◦ Completed website ready for protocol – Spanish Translated at www.powerprotradeonline.com.
◦ Visited the Dominican Republic on a successful Trade Mission to address buyer’s demands.
Next Step◦ Set up S Corporation and build organization◦ Register Business in Dominican Republic and initiate Telephone
campaign.◦ Ongoing campaign to raise capital – Develop Company Prospective◦ Initiate Internet Marketing Strategy – Social Networking◦ Face To Face sales campaign to represent their fleet of vehicles to the
international market from Orlando to Miami (Port Location).
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