In last 2 years, 3TouchPoints has conducted series of Web Analytics and Digital Marketing workshops in Australia, Hong Kong and Singapore markets for some of the bigger Financial and Insurance companies along with, some of established Multi-channel retailers and brands like Corporate Express, Harvey Norman, Sony etc, and overall, it was a great experience engaging with some of best brains in the industry, and how they are laying a solid foundation for a profitable and sustainable digital landscape in the next 5 years.
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
Asia accounts for approx. 705 Million Internet Users out of which, a staggering 48% belongs to China which is quarter of total China population, 13.4% belongs to Japan which is 74% of Japan total population, and 11.6% belongs to India which is merely 7% of the total population. If we look at total % of Internet Users as compare to the total Asia Population, it is merely 18% but, the interesting thing to look at is the growth rate between Year 2000 and 2009, which is approx. 1400% for both India and China and 516% for the whole Asia.