How to be rich finding a niche market!

[Yukio]

Imagine , finding something to export! The European and Asian market are valuable for trading.
Sometimes , a joint venture should be a sweat idea.

[Freelancer]

Originally Posted by Yukio

Imagine , finding something to export! The European and Asian market are valuable for trading.
Sometimes , a joint venture should be a sweat idea.

What products are you thinking about?

Try to evolve the idea a bit further !

[Yukio]

Natural Yogurt.
Yogurt de Soja.
Alcooholic drinks.
Juice drinks.

There is also the game market.
Brew and Java are something to think about.
Java could be hot for business! Imagine mobile games.

By the way, I heard that India has a I.T. value of 7 , Brasil only has value 8.
In other words there was only Six nations with Information Technology higher than India! People also told that India has the most modern lottery systems ...
Also people told that India has the biggest market for Movies, bigger than Hong Kong or United States.

The I.T. value was calculated including Smart Phones , Internet Users and other facilities ... Brasil got 7º on the number of Internet Users .

[Freelancer]

Originally Posted by Yukio

Natural Yogurt.
Yogurt de Soja.
Alcooholic drinks.
Juice drinks.

There is also the game market.
Brew and Java are something to think about.
Java could be hot for business! Imagine mobile games.

By the way, I heard that India has a I.T. value of 7 , Brasil only has value 8.
In other words there was only Seven nations with Information Technology higher than India! People also told that India has the most modern lottery systems ...
Also people told that India has the biggest market for Movies, bigger than Hong Kong or United States.

Interesting, so how do you think you'll overcome the cultural differences?
Personally I think that would be the biggest problem.

[Yukio]

The greater barrier should be the language.
Since not everybody is gifted with tongues ... This was the problem when exporting software for Europe. Most countries use a differently language. Try to compare the countries in Asia , sure that even the 'alphabet' (ideograms) could be differently.

[Freelancer]

Originally Posted by Yukio

The greater barrier should be the language.
Since not everybody is gifted with tongues ... This was the problem when exporting software for Europe. Most countries use a differently language. Try to compare the countries in Asia , sure that even the 'alphabet' (ideograms) could be differently.

Yes the language will probably be the first barrier, if you want to trade there you need to learn the language or set up a good system to overcome it.

There are also other challenges that are more cultural based, I'm not really experienced in that area so I can't clearly see the challenges ahead. All I know is that they are different community's and social systems so you have to market your products differently. I think its a underestimated aspect.

[Yukio]

Cultural differences.
Sure that some formules only works with higher levels of information.
For example, the top ten countries in the charges ...

[Freelancer]

Originally Posted by Yukio

Cultural differences.
Sure that some formules only works with higher levels of information.
For example, the top ten countries in the charges ...

I'm not following you, please explain further.

[Yukio]

Read this:
How to earn a considerable amount of money in just a few days?

Is this 'really' a crime on U.S.A. and other countries !?

[Yukio]

" A conversa ainda não chegou na cozinha!"

I don't know if this could makes any sense for other countries (or continents) ...
I am unsure about some meanings.

[Brutha]

How to earn a considerable amount of money in just a few days?

Is this 'really' a crime on U.S.A. and other countries !?
It is just no fast way to make money. When you export a product to a country you have to market that product in that country.
To market effectly you have to understand the culture.

I don't think that shipping american beverage to europe to sell it there against the competition of european beverage leaves you with a huge profit margin.
The gaming market is already global.

The problem with exporting to India is that the Indian currency isn't worth much.

[munish]

Originally Posted by Yukio

Also people told that India has the biggest market for Movies, bigger than Hong Kong or United States.

.

You need to contact Amitabh Bachan for that.

Pics-4-u: Amitabh Bachan at Madame tussauds

[munish]

Originally Posted by Brutha

To market effectly you have to understand the culture.

I don't know why, but alot of small business in india prefer to work (collaborate) with German companies .

Indo-German Training Centre

[uberinquisitive]

I worked for a year in Asia, at a consulting company (we told other multi-national companies how to do better business internationally).

It is NOT easy doing business in other countries. They have different needs. They have different language. They have specific culture. There is a reason why the Coke vs. Pepsi challenge would never fly in Japan. There is a reason why pizzas in Korea have bulgogi, and Japanese McDonalds sells shrimp sandwhiches. How adaptable is your product? Not to mention, in the Far East, products have a much shorter shelf life than in the West. Food companies have to come out with something like 5 different flavors every few months just to stay competitive.

Now, if you're selling a prestige item, such as a luxury goods...which are inaccessible to most people anyways...then you don't have to adapt. In fact, adapting lowers your value.

There are so many companies in China who don't want/need to go international. A 2nd tier city in China (the Chinese equivalent of let's say Milwakee) has 2 million people. A 1st tier city, like Shanghai, has tens of millions. Why do they need to export? There are also about 5 billionaires in China, and 3 of them made their billions in the gaming/internet industry. Unless your gaming product can compete with a homegrown, well-trusted brand...it'll be an uphill struggle.

So anyways, when going into foreign markets...do your market research thoroughly. Don't assume there is a market for something. Your research will probably shock you.