Bolt Bulletin

Tourism is one of the largest service sectors of Singapore. As of 2007, the tourism industry contributed 3% to Singapore’s GDP, and generated US$ 9.4 Billion in tourism receipts. This clearly shows the important role tourism industry plays in Singapore’s economy. To ensure that tourism remains a key economic pillar, a bold target, Tourism 2015, was unveiled in the year
2005. The major objectives of the initiative are to triple tourism receipts to US$ 30 Billion, doubling visitor arrivals to 17 Million, and creating an additional 100,000 jobs in the services sector by 2015, according to “Opportunities in Singapore Tourism Industry (2007-2009)”.

Singapore is one of the most popular tourist destinations in Asia-Pacific region. Tourism industry in Singapore is growing very rapidly for the past several years. Tourism industry is strengthening by the infrastructure developments, various events and the countries strategic location in the heart of region.

This report provides an insight into Singapore’s tourism industry and studies its past, present and future scenario. It offers a detailed study on the forces driving the industry and discusses the key factors which are making Singapore a potential tourism destination. It provides strategic insight into the market to analyze the opportunities critical for the success of clients in Singapore tourism industry.

With focus on different parameters, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, and hotel industry, the report gives a thorough analysis on the tourism industry of Singapore.

“Opportunities in Singapore Tourism Industry (2007-2009)” also provides an overview on the global, Asia-pacific and ASEAN tourism industry, helping the clients to evaluate and analyze the present and future position of Singapore’s tourism industry with respect to world and other regions.

The report provides industry forecast on various segments of tourism industry based on feasible tourism industry environment in Singapore. These include:

- Tourists arrivals
- Tourism receipts
- Outbound tourism
- Outbound tourism expenditure
- Medical tourism industry
- MICE industry

The report provides an insight on key players in the tourism industry of Singapore, including Singapore Airlines Ltd., Cathay Pacific Airways Limited, PT Garuda Indonesia, Qantas Airways Limited, Thai Airways International PCL, Shangri-la Hotel, Chan Brothers Travel Pte Ltd, Prime Travel & Tour Pte Ltd and WTS Travel & Tours Pte. Ltd.

Marketsmonitor
http://www.articlesbase.com/travel-articles/marketsmonitor-releases-report-on-opportunities-in-singapore-tourism-industry-20072009-735761.html

Rapid economic transformation and government efforts have made China a dominant player in the global textile and apparel trade. Chinese textile and apparel products now constitute an important segment of apparel and textile markets of various developed and developing economies. The country has gained a competitive edge on account of its favorable economic environment, government support, tariffs and tax incentives, SEZ culture, and low labor and raw material cost.

The changing retail industry landscape, coupled with rising purchasing power and increasing influence of Western culture, is also giving a new meaning to the domestic apparel market of China. The emergence of middle class, growing young population and rapid globalization of culture is fuelling the demand for branded apparel in the country. This is attracting the foreign and domestic players to tap the rising demand of branded (as well as mass) segment products.

The emergence of China as one of the largest consumer markets will spur the apparel consumption in coming years. Consumers will prefer more fashionable and branded products. Despite the rise in purchasing power and preference for branded products, mass segment products will continue dominate the apparel purchase. Changing trends and rising consumption will give rise to a new era of apparel and textile industry in China, says “China Apparel Industry – New Opportunities for Growth”, a new research report by RNCOS. As per the report, the global financial crises of 2008 and changing market conditions at globe level will not affect China’s dominance in apparel and textile industry.

The research report critically evaluates the current and past performance of the industry and gives a detailed overview on it. It studies the latest industry trends and summarizes the important factors related to growth of the industry.

The report thoroughly evaluates the opportunities and factors critical to the success of the apparel and textile industry in China. It underlines the issues related to the success of the industry and provides a prudent analysis on its various aspects. It presents a comprehensive overview of the past and current performance of the industry, including textile and apparel industry.

For more detail visit :- http://www.marketsmonitor.com/Report/IM172.htm

Marketsmonitor
http://www.articlesbase.com/business-articles/marketsmonitor-releases-report-on-china-apparel-industry-new-opportunities-for-growth-723238.html

Network marketing has a lot of baggage as an industry. Those who are a part of network marketing are challenged by their supervisors and their upline to continually tell their family and friends about their business. They do so, but with fear! Why does it have to be this way?

Too often, network marketing representatives get wrapped up in worrying about what others think when they share about their business opportunity. That makes them share reluctantly, or without any confidence, and people see right through that. This fear and worry reveals that their motivation for sharing their business isn’t very strong at all.

For example: consider a knife. In the right hands, a knife is an amazing tool with the potential to save a life. A surgeon will carefully perform life-saving surgery with a knife. However, if the same knife is in the hands of a murderer, that tool can become a weapon that harms others and can take lives.

Network marketing is just like this.

If you connect with your prospects with the intention of manipulating them, or simply making money off of them, then you’re using the knife completely wrong. You want to be like the surgeon, carefully sharing this knowledge about network marketing that can save a life – because network marketing reveals who we really are. Network marketing will make it obvious if you are in this business to help others. Here are some examples for approaching others when you are talking about your network marketing business:

Don’t be shy! You’ve got to talk about your marketing opportunity with confidence and with conviction! Keep the right mindset: you’re using your network marketing business to save people from a life of poverty, and giving them the tools to empower other people who are struggling like you did once. Remember, this is your best chance at giving someone else the tools to change. If you feel like you are “cheating” others by sharing your network marketing business with the, then your intentions are going to be clear, and you are going to look awful in front of your prospect. So, speak up, be confident, and tell them, “Yes! I am in network marketing!”

You can do the exact same thing with your products. You have a great product in your catalog that can burst your immune system and fight disease. Would be wrong to ask the patient to consider buying your life saving product? Of course not! The surgeon wants to help the patient, and you are trying to help them better their lives.

As a leader in network marketing, your main duty is to help others succeed like you are. Any serious leader will do their best in helping their downline achieve success. Don’t just sit around, waiting for them to connect to prospects and bring them into your network. Go forth with them, and help them out of their harder times or just be there to answer questions. Let them benefit by learning from your confidence, your leadership, and your experience.

Remember, in our industry of network marketing, the more people who join us, the more people you can help battle poverty and spread the word about our products. Network marketing is your tool for success, so make sure that you focus on being a surgeon with your business opportunity.

Jaz Lai
http://www.articlesbase.com/mlm-articles/network-marketing-a-deadly-industry-or-a-profit-center-726145.html

In the first post of this article Reasons for an MBA graduate to go into the Internet industry… Are there any? I discussed mainly the current difficulties and drawbacks that exist today for an MBA Graduate that chooses to go into the Internet Industry. There were many reasons against making this choice, the most relevant being: There is not an MBA culture in this industry, there’s no hiring expertise and programs for MBA’s, salaries are lower and there are very few positions available (big companies recruit very little and smaller companies don’t even consider it).

The question here is obvious for an MBA graduate considering this in this field:
Why would I choose an industry where there is no culture at all, my title isn’t recognized like in many other industries, there are much less positions available and on top of that, salaries are lower?

Although with this outlook the Internet industry might seem very unattractive, there’s always another side of things. We MBA’s also have our advantages in this industry… and some are very powerful indeed…

When less (in the industry) means more (opportunities)

As mentioned at in the first part of this posting, comparatively there are very few MBA’s in the internet industry. This was first seen as a bad thing, because being less means less people are able to recognize the value of an MBA Graduate, and also means lower salaries…. But it can also be seen as a good thing. Less MBA’s in the industry means there is less competition. There will be less people in the industry with the same set of skills that your MBA gave you, and that’s quite an advantage. It could be a drawback in the short run that turns into an advantage on the long run. Later in your career when it comes to Top Management positions, it doesn’t matter how good the leading technician was at programming, if you don’t have the skills to manage people or have direct P&L responsibility for example, you won’t get promoted. Guess who will be in a better position to get a promotion at that point…

A different angle on things

MBA’s have (or at least should have) the ability to see a business opportunity faster than average. The knowledge acquired during the MBA gives you the tools to look at one market/industry and study it, dissect it, analyze its competitive landscape and see things in a different perspective. These tools should be an advantage to spot business opportunities that currently people within the industry haven’t seen.

Fundraising… our biggest asset

Even great ideas need proper funding to get started. If you look at the greatest achievements in the Internet Industry (let’s say Amazon, Google, Yahoo and Microsoft for example) their founders were not only great programmers but also, and maybe even more important, great businessmen. Everyday millions of software developers, programmers and people in this industry come up with great ideas, brilliant ideas that never materialize because lack of proper business planning and access to capital. Being an MBA gives you the necessary knowledge in accounting, finance, HR and Marketing to create a strong and coherent business plan to be used for fundraising. MBA’s have also the required tools to discuss head to head ROI’s, Marketing Ideas, cash flows and competitive strategies with Private Equity Firms, Business angels, banks and the like. In a young industry like this one, where most of innovations come from small start-ups with little capital, this is a skill that can be very valuable. If you can partner with a programmer who has a prototype, an engineer that has a great idea and you’re able to get funds for the project… he/she will love you the rest of your life !!

Marketing… a very valuable skill to have in this industry

On the early days of Internet most of the biggest success stories (Napster, Google, eBay, etc) didn’t have to rely on traditional marketing strategies to be successful. Most built their initial success on word of mouth and viral marketing because the innovation they brought to the market was so significant that almost nothing else was needed. Nowadays, most of the marketing for companies related to the Internet industry is still online marketing (SEM, SEO, Social Networking, Blogging, etc), and still dominated by webmasters and programmers. Nevertheless, in my opinion this is changing and at a fast pace. Online marketing is still marketing at the end of the day and should be managed by someone with the right marketing mindset, not a programmer or a webmaster. Increasing competition in this area means more professional management will be needed. MBA’s that enter the industry now, will have in some years the necessary experience when this change materializes. The days where you can have an amazing new idea and it builds itself into a multimillion company just trough word of mouth are over (or very close to be over, there are still “Facebook’s” and “Myspace’s” kind of companies that arise every now and then). Now, new Internet companies need more professional marketing strategies, they need to include offline advertising, branding, alliances with offline companies, etc and here is where the Online Marketing Gurus can’t help them. MBA’s are in a privileged position to take leadership in these kind of roles.

Entrepreneurship… You can really be an entrepreneur in this industry

If your idea of a job is to work for a salary your whole life and your only goal is to get promoted to have a bigger check, then this is not the industry for you. On the other hand, if you are an entrepreneur this industry is probably much better to be in than other ones. Imagine starting a new business from scratch in the… FMCG/Retailing Industry? …. In the Steel Industry ? … In the Banking Industry ? … Probably not a feasible idea unless you’re a millionaire. The internet industry does provide an environment where you can start your own business (tipically with much less money than other industries), get the appropriate funds and work on your own. As mentioned before, the MBA does give you some competitive advantages than many other people in the industry don’t have, like in fundraising and marketing.

Finally and most important… choose what you like

Finally, just as a disclaimer, the idea of this article wasn’t to put the Internet Industry above others, but just to give it the place it deserves. Every industry has its advantages and disadvantages. If you choose the consulting industry you know you’ll earn a lot of money in salary and bonuses but you’ll have to work long hours and travel a lot. If you choose to work in a public/state owned institution you know salary won’t be great, but you’ll have a pretty stable and predictable career path. If you choose the Internet Industry, I hope now you know more or less what to expect. After finishing your MBA you can pretty much go to any industry you could think of in almost any country so… Why not choose something you really like?… And if it happens that you like the Internet industry after the MBA… Why not go for it?

Pedro Neira
http://www.articlesbase.com/career-management-articles/mbas-in-the-internet-industry-part-2-730415.html