It is expected that e-commerce will become the largest retail channel in the world by 2021, beating sales of supermarkets, grocery stores, clothing stores and footwear. Experts believe that e-Commerce will respond alone to 14% of the world’s retail. Among the poles, the Asia-Pacific region leads online sales that already represent 17%. China and South Korea are the main drivers of this movement there. The United States and Canada together, already reached something around 15%. In Western Europe, consumer behavior varies widely, so e-Commerce is not yet the flagship of retail sales. The UK has been a major player in online consumption, followed by Denmark and Finland. Therefore, international strategies should be designed by region, country and category. If you are thinking to export, check it out the 6 (six) major trends in e-commerce worldwide.
Yemen is four years into an unprecedented civil war. The fighting left the country, which was already one of the poorest among the Arabs, on the verge of a hunger crisis which, according to the United Nations, affects up to 14 (fourteen) million people. The NGO Save The Children believes that about 85 (eighty-five) thousand children under the age of five have already died of malnutrition in these four years. In addition, the economic capacity of the Yemenis is “nonexistent”. Throwing light on the issue is essential for people throughout the world to realize how serious the situation in Yemen is, and the consequences of what is already the worst humanitarian crisis on the planet.
With the world going through the biggest energy transformation since the industrial revolution, there are well-known and hidden heroes leading the way during this paradigm shift. Renewable energy comprises a fundamental of the global energy landscape transformation. More than 170 countries have established national renewable energy targets and more than 150 countries worldwide have formulated policies to catalyse clean energy investment. According to Climate Action, an UK based global media platform, the leadership of the renewable energy, however, depends on the perspective. Some countries are considered leaders after having incorporated a high share of renewable energy sources to their energy mix. Some lead in clean energy investment, and others in technological progress contribution. Here are five countries which have helped lead the way in this field.
Taking a proactive approach to internationalization makes companies more robust and potentially more successful, with a far greater client base and more scope to expand. While internationalization typically denotes big business carried out on a global scale, even the smallest companies can internationalize successfully with limited resources if they play their cards right.
Two years have passed since the UK voted to leave the EU, and the uncertainty the referendum result unleashed has only intensified the closer we get to Brexit.
The market for the plant materials used in health and medical stuff, produced without harmful chemicals or pesticides, has been rapidly increasing in many countries. The uttermost reason might be that consumers are becoming more and more health-conscious.
In the past, a newly established business would have no choice but to cater to local clients until its resources and scale of operations enabled it to expand to the regional, national and international market. Today, any startup can offer their product or services to clients situated in different parts of the world through a combination of an informative website and an effective digital marketing strategy.
China seems to grow more confident by the day. Is it too strong a statement to say that China is starting to regain its historical position as the pre-eminent global economy? The Chinese government is steadfastly following a policy of internal economic consolidation and international engagement. Wherever you are in the world you can start to feel the impact of Chinese investment and influence. China can no longer be classified as an emerging market. China has emerged and is taking on the world – much as America did in the early twentieth century and Japan in the 1970’s. How the traditionally pre-eminent global economies such as the USA, Germany and Japan react to the growing strength of China will be fascinating to watch over the coming decades but one thing is sure – China is a force to be reckoned with and cannot be ignored. If you are not currently doing business in (or with) China, you probably should be. However, China is not easy – somebody once said “in China everything is possible – but nothing is easy.” Before starting to do business in China it is essential that you try to get an understanding of the cultural drivers and expectations of your Chinese contacts. Do you really understand the importance of ‘face’ in China and do you feel confident you can navigate the complexities of Chinese corporate hierarchy? How are you going to develop those all-important relationships and what impact will Chinese long-termism potentially have on your cash-flow forecasts? Next, we will explore the twenty key cultural aspects that permeate business in China.
The Middle East is increasingly open to business with Western countries. The Saudis lead the purchases of Brazilian products in the region, followed by Iran and the United Arab Emirates. Even so, the Middle East accounts for about 5% of Brazil’s exports only. This shyness can be explained by cultural and behavioral differences in the business environment. In the Middle East, religious influence and tradition directly affect the conduct of negotiations. In this sense, understanding the region’s context is key to unlocking a world of opportunity for Western entrepreneurs. Next, we will share the main aspects of the region that should be considered before an approach.
A quick google search will give you 16 (sixteen) million different articles on how millennials can save the world or be blamed for what’s wrong with it. This fascination to Millennials has spawned a new industry of experts – consultants, specialists and authors – telling us that millennials are different and that we need to know how to deal with them. Really? Well, let’s hear from science and statistics.