EPT
Asian Business Development? fail!
| Blogs > MightyAtom |
MightyAtom
Korea (South)1897 Posts
| ||
micronesia
United States24768 Posts
| ||
|
nttea
Sweden4353 Posts
 kind of like a bunch of koreans expecting me to know how to get around in poland. But probably with even more differences... | ||
|
MightyAtom
Korea (South)1897 Posts
On August 26 2010 04:17 micronesia wrote: I made the title lowercase... please don't do caps-only titles like that regardless of how crazy/ridiculous the topic is! Ah thanks, it actually wasn't intentional, I just cut out one of the sub-headers as the title, and didn't realize it was in caps until i realized how ugly it looked, then magically it wasn't kekeke Thanks ^^ | ||
|
Najda
United States3765 Posts
| ||
|
HeadhunteR
Argentina1258 Posts
| ||
|
TuElite
Canada2123 Posts
Looks to me like your co-workers were rude and ignorant people... | ||
|
EtherealDeath
United States8366 Posts
| ||
|
hoborg
United States430 Posts
| ||
|
MightyAtom
Korea (South)1897 Posts
On August 26 2010 05:17 hoborg wrote: Interesting story, heh. I was expecting it to end with, "So then we're in Australia and the British guy asks me to show him where to get those big hats..." lol ^^ | ||
|
MightyAtom
Korea (South)1897 Posts
On August 26 2010 05:11 TuElite wrote: Thanks for your informative insight. Looks to me like your co-workers were rude and ignorant people... My pleasure, but I wouldn't say they were rude or ignorant normally, its just they went into this tourist/disneyland mode when traveling with me. | ||
|
MightyAtom
Korea (South)1897 Posts
On August 26 2010 05:13 EtherealDeath wrote: Guess it's read your blogs time in between classes :D I'll try to keep up, but don't read between every class ^^ | ||
|
brian
United States9639 Posts
Terrible attitude to have as a country imo. | ||
|
Swarmy
Canada70 Posts
| ||
|
Never.Die
Japan189 Posts
| ||
|
mel_ee
2448 Posts
| ||
|
Ciryandor
United States3735 Posts
Foreign Brand? Yes? Good, you're all set to pitch at the premium end of the market. New Brand/Product? You can position it on the mass-end; just remember RAZOR-THIN profits per item. And: NEVER SELL BULK GOODS IN BIG BAGS. Sell it in tiny 5-10 gram packages. | ||
|
MightyAtom
Korea (South)1897 Posts
On August 26 2010 05:53 Swarmy wrote: Interesting story. I'm curious as to how you predict a product will do well in, for example, mainland China based on how well it does in Korea; also, how you arrive at your numbers in the rest of the market relations section. At the end of the day, no matter what a lot of people say, in terms of valuations or forecasts it comes down to a lot of experience and how it translates into applied business 'knowhow' in how you then can express that in a form of an estimated percentage. I know that is a huge mouthful and seems like a bs response, but bear with me for a moment because unlike every other field where you can throw out bullshit and then its just an matter of opinion, in business, the profit and case examples speak forthselves. So. first off, the numbers are my own estimates, when I approach the market, its what I use. Now either I'm accurate this information is actually worth a lot of money and opens up a lot of opportunties or I'm dead wrong and one day I'm going to lose a lot of money on one of these deals based on my own experience. In terms of the background understanding of the situation: In the same development trend relationship that existing between Japan and Korea, where in the 1960-1980 most of Korea's corporate structure and business culture was heavily influenced by Japan due to the transfter of technology and filtered down business knowhow, China is in the same situation with Korea, except that this 'development trend relationshp' is based more on the consumer culture and technology approach. This is likely due to the fact that in the case of Japan and Korea, Korea did not have corporate business culture whatsoever so the easiest adoption was from the Japanese who were selling Koreans 2nd or 3rd generation outdated technology or the key product components - i.e. the magnetic head film reader in the VCR - lol that key. In terms of consumer, in Korea there was a ban on cultural products from Japan as well as a lot of cultural hatred against anything Japanese due to the previous feelings on the Japanese occupation. Now in the case of China, Korea is in some waysome type of far away tribe. Definately different, but actually very Chinese in many respects - scholar based society and asthetic taste that is somehow easily digestable by the Chinese. So in certain markets, the Chinese industry completely uses the Korean industry as a benchmark, for now and actually, I would say my statement of the '90% adoption rate' would have been more true 5-8 years ago than now, but damn, Apple and smart phones, wow... But for PC gaming on all levels, from e-sports trends, massively multi-player all from Korea. Consumer electronics as well as cultural Korean content, I'd say my estimate still holds true. I won't get into more detail there, you can google and reserach youself the amount of supporting data. But thank you for the comment, it has given some some ideas to expand upon in a few new posts ^^ cheers! | ||
|
MightyAtom
Korea (South)1897 Posts
On August 26 2010 08:37 mel_ee wrote: Very informative indeed. Singapore is frikkin brilliant...that lil fishing village is crrazy I agree, when I first went to Singapore, I was shocked/envious/amazed that it was set up like some ideal juxaposition of Hong Kong's urban landscape, but the refinement of London's west end. It's no wonder that the younger generation are gripped in a perpetual 'living with parent's mentality' because everything is so good there. And its funny when I hear young unviersity students complain how Singapore sucks...I can understand the feeling of constraint living in such a uptopian environment- but damn, no matter how you cut it, uptopian life still is pretty damn good. | ||
|
Luddite
United States2315 Posts
| ||
| ||
