Holiday 2010 - Amazon is not worried about deceleration in Chinese Ecommerce Machinery, Weaker Global Demand and Higher Inflation.
China's massive economic machine is beginning to decelerate because of a combination of factors. Slowing property prices, stress in the banking system, weaker global demand for Chinese exports, the formal ending of the CNY/US$ peg, inflation and wage pressures all point to slower growth. There are also signs that the economy is rebalancing away from export-led growth to a model more strongly based on domestic demand. Political risk factors will focus on potential labour unrest and the likely reaction of the ruling Communist Party.
Holiday 2010 - Australian Consumers Tightening their Purse Strings due to Current Economic Conditions
75% will spend less, seek out sales or cut drastically in next 12 months
61% of consumers uncertain about Australia's financial future
65% believe in saving not spending
55% shop at different store for price over convenience
Almost 50% would forgo best brand for best price
52% spend time researching price online before buying
I still remember the title of Seth's earlier hardcover published in 1999 i.e. Permission Marketing - Turning Strangers in to Friends and Friends in to Customers.
Does the Mobile marketers in India following the same approach?
Does subscribing for a mobile connection means, implicit permission from the customer to the Mobile Carrier to share their customer database with all the SPAM Marketers in India?