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Will You Add? - Business and Market Overview on Thailand
Applicable knowledge is gained from experience, not textbooks. If you’re still in college, try to take courses that apply to your current/future business interests. Real entrepreneurs care about the importance of the information they are absorbing, not their grade in the class. Besides, entrepreneurs are already ahead of their classmates because they have one trait that most people lack, AMBITION. You don’t have to be a genius to avoid the Rat Race. You just need to have the willingness to take risks, be prepared to fail, and learn from your mistakes. The point that I am trying to make is that you should push yourself to absorb as much knowledge as possible in the areas of life that in
Internet use is increasing rapidly and is revolutionizing the way business is done. New businesses and business models are emerging, customer behavior and expectations are changing, and more customers, suppliers and competitors are going online.This presents substantial challenges and opportunities for all businesses. To survive and prosper in this global and competitive environment, businesses must embrace the Internet and use it to transform their business.The Internet can be used in many areas of a business to increase revenue, reduce costs and improve productivity. The Internet is not just about sending and receiving email and setting up a website. There is so much mo
Thailand’s GDP was US$163.5 billion with a GDP per capita of US$2,537 in 2004. Thailand's GDP grew by an average of 4.6% annually from 2000 to 2004 driven mainly by exports of high technology products mainly electronics. Inflation remained below 2.0% from 2000 to 2003 but increased to 2.8% by 2004. However, unemployment showed a declining trend from 3.6% in 2000 to 1.8% by 2004.
Nearly 60% of Thailand's workforce is involved in the agriculture industry but contributed to only 9.8% of the country's GDP in 2004. The services industry contributed towards 46.1% of Thailand’s GDP and manufacturing 44.1% during the period. Major industries include tourism, electronics, textiles and garments, processed foods, beverages, agriculture produce, jewellery, furniture, plastics, vehicles and vehicle parts and mining of tungsten and tin. Major agriculture products include rice, tapioca, rubber, corn, sugarcane, coconuts, soybean and milk.
DEMOGRAPHY. Ethnic Thais account for 75% of Thailand's 65 million population and another 11% are Chinese or Sino-Thais who have assimilated into the Thai culture or are from mixed marriages. Minorities include Malays who lived mainly in southern Thailand and account for 4% of the population. Others include the Mon, Lao, Khmers, Puan and Karen minorities and immigrants from India. Nearly 95% of the country's population are Buddhists while Malays in
Often managers get frustrated with their employees and instead of making constructive criticism, they go into a rage, which makes them look unstable. The small business owner should never go into a rage in front of his customers, because it is not normal. This makes you look like an unstable person. And, who wants to do business with an unstable person, do you? What you should say to the employee is: “We are on the same team so let’s work together to solve this problem.” Take time and learn how to make constructive criticism of people on your staff. Customers should not have to stand around and wait for you to tell off an employee before they can make a purchase, regardless of
Thailand’s GDP was US$163.5 billion with a GDP per capita of US$2,537 in 2004. Thailand's GDP grew by an average of 4.6% annually from 2000 to 2004 driven mainly by exports of high technology products mainly electronics. Inflation remained below 2.0% from 2000 to 2003 but increased to 2.8% by 2004. However, unemployment showed a declining trend from 3.6% in 2000 to 1.8% by 2004.
Nearly 60% of Thailand's workforce is involved in the agriculture industry but contributed to only 9.8% of the country's GDP in 2004. The services industry contributed towards 46.1% of Thailand’s GDP and manufacturing 44.1% during the period. Major industries include tourism, electronics, textiles and garments, processed foods, beverages, agriculture produce, jewellery, furniture, plastics, vehicles and vehicle parts and mining of tungsten and tin. Major agriculture products include rice, tapioca, rubber, corn, sugarcane, coconuts, soybean and milk.
DEMOGRAPHY. Ethnic Thais account for 75% of Thailand's 65 million population and another 11% are Chinese or Sino-Thais who have assimilated into the Thai culture or are from mixed marriages. Minorities include Malays who lived mainly in southern Thailand and account for 4% of the population. Others include the Mon, Lao, Khmers, Puan and Karen minorities and immigrants from India. Nearly 95% of the country's population are Buddhists while Malays in
1. You didn't follow up after the first sale. After the sale you could have introduced your other product on the thank e-mail.2. You didn't ship the product in the about of time you stated. If they needed it in a hurry and you didn't provide, they won't rely on you again.3. Your product didn't do as promised. If your product didn't accomplish their desired goal they're not going to think your second product will either.4. Your customer couldn't get a hold of you in time when they had a "after question" sale. You could have added extra lines of communication.5. Your customer doesn't want to revisit your web site because it didn't offer much. You coul
Nearly 60% of Thailand's workforce is involved in the agriculture industry but contributed to only 9.8% of the country's GDP in 2004. The services industry contributed towards 46.1% of Thailand’s GDP and manufacturing 44.1% during the period. Major industries include tourism, electronics, textiles and garments, processed foods, beverages, agriculture produce, jewellery, furniture, plastics, vehicles and vehicle parts and mining of tungsten and tin. Major agriculture products include rice, tapioca, rubber, corn, sugarcane, coconuts, soybean and milk.
DEMOGRAPHY. Ethnic Thais account for 75% of Thailand's 65 million population and another 11% are Chinese or Sino-Thais who have assimilated into the Thai culture or are from mixed marriages. Minorities include Malays who lived mainly in southern Thailand and account for 4% of the population. Others include the Mon, Lao, Khmers, Puan and Karen minorities and immigrants from India. Nearly 95% of the country's population are Buddhists while Malays in
Using Design Psychology in your office increases both happiness and productivity. Here are some interior design tips on how to make your office a more pleasant and productive place:Provide Friendly LightingBegin your office makeover with lighting, the number one design detail for happiness. Overly-bright overhead lighting can cause problems with eyestrain, headaches, and fatigue. You can install dimmers and add task lighting where needed to correct that situation.Using home-style lamps lends a friendly atmosphere to an office space and improves productivity. Home-like table lamps provide a feeling of comfort, because our minds are accustomed to that type of
DEMOGRAPHY. Ethnic Thais account for 75% of Thailand's 65 million population and another 11% are Chinese or Sino-Thais who have assimilated into the Thai culture or are from mixed marriages. Minorities include Malays who lived mainly in southern Thailand and account for 4% of the population. Others include the Mon, Lao, Khmers, Puan and Karen minorities and immigrants from India. Nearly 95% of the country's population are Buddhists while Malays in
Are Coffee Shop Franchises a good business? Well consider the average Starbucks does over $80,000 per month. An interesting book primer to learn more about the coffee business might be “Pour Your Heart Into It” by Howard Schultz. It is worth a read and you can find used books on Amazon.com cheap enough, you will be glad you did.Of course Starbucks is not a franchise. Recently, I met the head trainer for one of their licensees; Sheridan Hotels which was putting 1000 Starbucks Coffee Shops in their Hotels. But for the average person you cannot become a licensee or franchisee in the United States. So, you will need to look for other options such as; Coffee Beanery, Caribous or It’s
The majority of the Thai population still live in the rural communities though the proportion of the urban population is increasing. Thailand’s urban population increased from 22% of the total population in 2000 to 31% by 2004. Thailand's capital and major city Bangkok accounts for nearly 8% of the country's total population. Other major cities include Nonthaburi, Pak Kret, Hat Yai, Nakhon Ratchasima, Chiang Mai and Udon Thani.
Thailand successfully reduced the poverty level from 27% in 1990 to 10% by 2004. The proportion of the population categorised belonging in the low-income household is estimated at 60% while middle and high-income households account for 30%. The average household income in Bangkok is twice than the national average.
INFRASTRUCTURE. Telecommunication services to the general public are overall adequate. Internet broadband services are mostly concentrated in Bangkok. Cities and towns are well connected by roads but lacks super highways connecting Thailand's cities and major towns. Cities the major towns are served by airports and well connected by buses and rail system.
INTERNATIONAL TRADE. Thailand's major trading partners include Japan, US, China, Hong Kong, Singapore, Malaysia and Taiwan. Main exports from Thailand include electronics, vehicle and vehicl
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