Wednesday, September 28, 2011

Market demands and Profit-oriented Opportunities

Japanese-type casino Pachinko can be seen in almost any city and town in Japan. Asian markets have both legal and illegal casino forms for centuries. Macau and Singapore have grown in sizes and quality to attract new customers on their trips to Macau and Singapore for billions-of-dollar revenues. Now Japanese Pachinko makers and investors have more reasons to expand their businesses in other Asian cities.

Employees like social networks. Customers like social networks. Finally corporations make a decision of jumping into those lucrative socially connecting platforms for marketing, customer services, direct sales and direct communication. Understanding values of social networks can help companies boost sales and increase productivity. 

A cycle of Innovation and Creativity

A corporation can take a lead in developing new products and services to win customers at home and abroad. But each corporation has also encountered so-called cycle of innovation and creativity. Sony used to lead the global market with two iconic products and models - Walkman and Trinitron in 1980s and 1990s. And then Apple has emerged to offer computers and entertainment products - iBook, iPod. Apple has continued expanding over Smartphone and tablet with iPhone and iPad. Will Apple end its cycle of innovation and creativity? Will there other new brands to emerge such as Google Smartphone and Microsoft Smartphone?

All corporations can do now is to cultivate seeds of innovative and creative spirits into their workforces. Either of using in-house talents or acquiring new brands, innovation and creative must be nurtured and persuaded at all levels from day to day. Consumers can compare qualities, designs, features, user-friendly-interface functions and easy-to-use rating for new products and services. Wrong investment and wrong management style can not only waste time, money and talents, but also lose market shares and market position. 



Monday, September 19, 2011

Evaluating Elements in Markets


Incremental price is a term of charging a little or proportionately to an extra quantity or quality of a product or service to a customer who request so. A business usually creates a sentiment of variety and more choices to customers who desire to change their orders in advance or at-a-moment. A business may choose different reasons to raise an incremental price on such requests or orders. Values of new adding materials or labor cost or skills are a first reason. A quantity of adding materials or labor or skills is a second reason. A physical image or impressive of adding materials or labor or skills is a third reason. Customers like to see more choices when they go shopping and be treated specially with respect. Incremental prices are choices and prestige customers expected to trade off for customized orders and special choices. In the end, customers have high satisfaction, while a business earns an extra profit. 

Affordable Solutions to Multinational Corporations


Debts have occurred simultaneously not only in one market, but also other markets – exposing interdependent and exchangeable functions. Demands start to decline as soon as a job market is frozen and consumers’ debts are rising. What are market-and-consumer-driven demands?

Fundamentally, consumers spend more in a situation they can see a brilliantly shining future – stable jobs and increasingly earning incomes. Investors can allocate funds or money from one less profitable sectors to lucrative and promising sectors at home and abroad. Any economy gets along with its typical patterns of business cycles – ups and downs from a first stage of slow business expansion to a second stage of low sales revenues in businesses, and then going to a third stage of hitting a bottom or dry for a new self-adjustment mechanism of capitals and series of mergers and acquisitions, and gradually moving up to a new cycle of a bull market before reaching a new record of an economic growing peak. Investors and stakeholders in one business firm can gain or loss through five stages of one business cycle. But money and assets are unchanged in terms of values. U.S. dollars can be less attractive and weaker in terms of buying goods and services. But U.S. dollars also behave two opposite roles at home and abroad for an American consumer to buy goods in U.S. or spend in a foreign country on a vacation. If more U.S. companies cut off their workforce sizes, U.S. economy will soon experience more painful sequences. But on the other hand, U.S. investors may anticipate such outcomes so that they have already moved their funds to foreign markets in different diversified investment portfolios with high returns and generous dividends. U.S. government immediately responds with economic stimulus plans of pumping more monetary packages into frozen economic sectors to provoke new demands and supplies. American consumers then hope to get jobs in those sectors to continue their spending behaviors and activities. 

Saturday, September 17, 2011

Technologies and Marketing Approaches


Computer-aid financial tools have helped multinational firms generating billion dollars of profits; but software developers who have drawn all considered cases for outcomes cannot win market changes. A story of Goldman Sachs closing its Global Alpha Fund is convincing evidence. Most computer-aid financial tools can reduce human works and brainstorming processes at a lower fixed cost, but human managers and market-watchers are still on a payroll list to avoid a similar case. Online trading forms and market analytic tools are designed to meet customers with more effective and accurate results, but a final decision is still in a human decision-maker. Bloomberg, The Economist, Reuters and McKinsey&Company have invested in developing computer-aid tools for at least three advantages:
  1. Lower analyzing and number-punching-process expenditure
  2. Increasing computerized and standardized procedures and results
  3. Transparency and globally interactive platforms 

Connecting to Customers


Producers always search for new tools of delivering sales messages to target customers. Print materials – flyers, newspaper, magazine, books and journals – are among the oldest media of connecting producers to customers in limited geographic and demographic dimensions. Since the advent of the internet ubiquitous, any modern society has been changed in one way or other way. Personal communication is a first benefit for less time-consuming, convenience, anytime and anywhere – emails. Business organizations and governmental agencies have also allowed employees to communicate by emails with ethical codes and regulation. Such fast-and-convenient features have increased effectiveness and brief of messages from one person to another over their purposes of using emails. Marketers have abused or exhausted all possibilities of delivering new sales messages to target customers without acknowledge of willingness and unwillingness from customers’ moods and curiosity. Customers now have opted-out spam emails or harassed emails to customize their own selections of information and news from favorite sources – Facebook, Goupon, Twitter, and others – to scan new lowest prices of newest products and services. Such trends of sophisticated customers have indirectly increased ad sales earnings for those social network companies.

Friday, September 16, 2011

Seven Core Business Concepts

When companies begin to implement new business management strategies to achieve three long-term goals - (1) sales revenues, (2) market shares and (3) market position - the formers have already approached domestic and overseas markets with particular investment strategies and business management models. Business firms can allocate resources for their short-term and long-term plans based on a combined output of profits, efficiency, effectiveness and productivity. Cost-based innovation, non-stop human workforce improvement, and up-to-date technological improvement are three essential forces driving a business organization forward. For a specific condition or situation, a business firm also needs capital resources of money and credits to maintain all business operations active and progressive serving internal and external customers at high satisfaction.