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| | #3 (permalink) |
| Senior Member Join Date: Mar 2007
Posts: 248
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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 . Last edited by Yukio; 05-10-2007 at 07:52 PM. Reason: India is great (lots of people) ! Brasil is great in size ... |
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| | #4 (permalink) | |
| Senior Member Join Date: Mar 2007 Location: Netherlands
Posts: 821
| Quote:
Personally I think that would be the biggest problem. | |
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| | #5 (permalink) |
| Senior Member Join Date: Mar 2007
Posts: 248
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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. |
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| | #6 (permalink) | |
| Senior Member Join Date: Mar 2007 Location: Netherlands
Posts: 821
| Quote:
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. | |
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| | #9 (permalink) |
| Senior Member Join Date: Mar 2007
Posts: 248
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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 !? |
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| | #11 (permalink) | |
| Family Member Join Date: Nov 2006 Location: Berlin, Germany
Posts: 8,749
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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. | |
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| | #12 (permalink) | |
| Family Member Join Date: Nov 2006 Location: New Delhi
Posts: 1,065
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Pics-4-u: Amitabh Bachan at Madame tussauds | |
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| | #13 (permalink) |
| Family Member Join Date: Nov 2006 Location: New Delhi
Posts: 1,065
| I don't know why, but alot of small business in india prefer to work (collaborate) with German companies . Indo-German Training Centre |
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| | #14 (permalink) |
| Senior Member Join Date: Mar 2007
Posts: 634
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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. |
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