In recent years, people are likely to associate India
as a growing center for outsourced labor. When you need to contact support for
your computer, credit card account or other product, you are likely patched
through to a call center in India. It is not unusual for Western companies to
employ cheaper labor overseas, but it also wouldn’t be fair to dismiss India as
a nation that relies solely on supporting global companies in this manner. With
a gross domestic product estimated at $1.5 trillion, India ranks among the top
ten global economies and enjoys healthy product trade relationships throughout
Historically, people may identify India as a
third-world nation. Often the media presents images of the populous lower
class, though in recent years India has emerged as one of the fastest-growing
economies in the world – it stands as part of the BRICS groups of rising
nations in global trade, working to remain strong despite recent financial
problems and natural disasters that threatened agricultural production.
Major Exports of India
India counts among its top trading partners the United
Arab Emirates, Saudi Arabia, Germany, China, and the United States. The
majority of exports are shipped to the US and UAE, with China a distant third.
While the bulk of India’s agricultural production remains domestically
distributed, the country still has much to offer for trade. Exports most in
Petroleum Products – Refining of
crude oil from the Middle East and consequent exporting of products accounts
for about fifteen percent of India’s total GDP.
Iron and Steel – Steel and iron
production has been part of the Indian economy since the early 20th century,
before their independence from Great Britain. Coupled with iron ore mining,
this industry comprises a large percentage of the nation’s exports.
Vehicles – While not a … Read more
Setting up a new business can be a costly process but
there are numerous ways in which entrepreneurs can save in the long run. The
decision to set up a new business can be a financial gamble but the risks of a
project failing becomes even more real if the appropriate planning and
preparation aren’t put into place from the word go.
Working Out A Budget
A Budget for your business is an imperative first step
for entrepreneurs. Being honest with the costs involved, avoid cutting corners
and even over budgeting are all good practices for setting a firm financial
foundation for your new business. Setting up a business budget from the
beginning also allows you to avoid unforeseen costs and unexpected bills
cropping up. New business owners should also make full use of any resources in
their local community that aims to help entrepreneurs. This could include
bookkeeping or management courses that are usually free of charge.
Setting up Office Space
When the time comes to set up your shop or office
space, you might be surprised how much you can save by getting in friends and
family to help. Setting aside a day to decorate and clean your new business
space can turn into a family effort and saves you the money you would have
spent on decorators to spend on other things. Even getting friends and family
to help you pick up and build furniture can save on postage and packaging costs
which quickly mount up if you’re opening a medium to large-sized business.
Once your business is operational there are plenty
more tips for cutting the cost of setting up. Getting a good deal on your phone
and internet connections helps you save substantially in the future so the key
here is to shop around and … Read more
We live in a world that is basically a mosaic of
hundreds of countries and thousands of cultures. This is expected because there
are more than 6 billion people in the world. This is a valid consideration if
you want to make a product to be offered internationally and this is especially
true for toys. Usually, parents will give their children toys that are popular
with their culture and traditions. However, there are some toys that have
broken this cultural and traditional barrier and have been available for
children from all countries. A good example is custom plush toys.
This is why you have to take them into consideration
when you’re trying to come up with toy ideas. Think about it. One reason for
their success is they’re not specific to anyone or anywhere. Kids and adults of
all ages love them and it doesn’t matter where they are or what their
nationalities are. This is why a lot of people are coming up with their own
lines of custom plush toys. They know that they have the whole world as their
“playground” and if they can come up with a great idea, then the sky
is the limit. Of course, it’s a given that you should team up with a trusted
It’s A Good
Idea To Come Up With Collectibles
Think “Beanie Babies” if you are looking for
a good reason why this is a good idea for making collections. This is actually
one of the best toy ideas you can think of. You subtly tell people to buy the
whole set and not just one. Say you have a set of five special plush toys. If they
buy just one, then they just have 20% of the whole set. We all know that
they’ll … Read more
The economic downturn has left many people powerlessly immersed in a
financial mess with no cash and no job. Several companies had to layoff a lot
of employees, and with the rising prices, it does not take long even for your
life savings to get depleted.
Thankfully, there are ways to get out of your financial mess as fast as
you can. You can have no cash and no job today, but tomorrow you could be
welcoming thousands of dollars into your bank account. Here’s what you need to
1. Don’t Mope Around. Instead of moping around at home because of your
seemingly hopeless situation, make up your mind to do something about it. It’s
all about the attitude. If you decide not to do anything, then your financial
problem will last quite a while. But if you decide to do something, you won’t
be overcome by hopelessness.
2. Look for Money Making Techniques Online. There are now many ways to
start earning money without having to pay for gas or any other costs. All you
need is Internet connection at home. There are now a lot of moneymaking
opportunities offered online; most of them don’t have many requirements so you
can easily do them and earn money as soon as possible.
3. Don’t Watch the Financial News. There is one thing you should not do:
do not, at all costs, watch the financial news. It will only fill your head
with negative money talk. Remember, you are in control of your financial
situation. You can make decisions and actions to change it. What happens to the
economy may influence your situation, but it won’t make the final decisions.
Thus, try not to let the negative feedback get to you, so it won’t get you
4. Turn Your … Read more
Important Tool # 1: Your Own Website
The most important tool in
Affiliate Marketing is your own website. The first step in a successful
affiliate marketing business is to build a website that looks good, credible,
and professional. Your website is the starting point of all your marketing
So you must first build a
user-friendly website, which will appeal to your prospects and encourage them
to click on links to the products and services that you are promoting and make
a purchase. Therefore, you must first concentrate your efforts on building a
website that will meet what your prospects need.
The most important thing that you
should consider is that almost all online web users looking for information,
don’t have to go and buy something. Above all, make your website full of
original, relevant and useful content.
People like interesting and useful
articles. Keep in mind that, content is still king and good quality content
will not only build your credibility, but can also help you achieve higher
search engine (SEO) ranking.
By posting relevant and useful
articles, you make yourself an expert in your field, making you a supporter of
products or services that you trust. Building a good reputation is a good step
in building a loyal customer base.
Important Tool # 2: Incentives
Competition is very high in the
internet world. You must always be one step ahead of your competition to ensure
that you capture your target market share. Therefore, you must use all possible
means to attract people not only to visit your site, but also to click and
proceed to the website of the products and services that you are promoting.
Building an opt-in email list is
still the best way to gather prospects. Offer a bulletin or e-zine. Better yet,
offer incentives … Read more