Showing posts with label NY Times. Show all posts
Showing posts with label NY Times. Show all posts

August 13, 2010

Where's the Bright Light?

There's an expectation of a slowdown in export growth ...
Asian companies have been on a tear, but this may be as good as it gets. Despite a stellar round of earnings for the last quarter, the outlook for many of the region’s companies — household names around the world — is dimming.
And a snippet from Alibaba.com:
“We continue to take a cautious view on the global economy and small-business development,” said David Wei, Alibaba’s chief executive, “and expect a slowdown in export growth for the following quarters.”
Read more here:
Pessimism in Asia Despite a Solid Earnings Season

Posted by: The Global Small Business Blog

February 20, 2010

Wanted: UPS to Help Double SMB Exports

What a great job to have! The U.S. has asked UPS to help double exports for small and medium-sized U.S. businesses. UPS will use shipping data to identify those SMBs.
President Barack Obama set a goal of doubling exports to more than $3 trillion over the next five years to help create or support 2 million American jobs.

Less than 1 percent of America's 30 million companies export, which is significantly less than in other developed countries, the Commerce Department said in a statement.

Of those that do export, 58 percent export to only one country, providing what U.S. officials see as a big opportunity to expand exports.

A lot of the above stats can be found at UPS Business Monitor.

Read more here.

Another interesting piece: Export volumes: Is it possible to double exports in five years? ~ The Economist

Graph source: here.

December 22, 2009

The Do-It-Yourself Global Economy

There's certainly no good reason why you can't do this same project across borders. An excerpt from Thomas L. Friedman's Op-Ed column in The New York Times (12/12/09):
Two examples, one small, one large: The first is my childhood friend, Ken Greer, who owns a marketing agency in Minneapolis, Greer & Associates. The Great Recession has forced him to radically downsize, but the Great Inflection has made him radically more productive. He illustrated this by telling me about a film he recently made for a nonprofit.

“The budget was about 20 percent of what we normally would charge,” said Greer. “After one meeting with the client, almost all our communication was by e-mail. The script was developed and approved using a collaborative tool provided by www.box.net. Internally, we all could look at the script no matter where we were, make suggestions and get to a final draft with complete transparency — easy, convenient and free. We did not have a budget to shoot new footage, yet we had no budget either for stock photography the old way — paying royalties of $100 to $2,000 per image. We found a source, istockphoto.com, which offered great photos for as little as a few dollars.

“We could easily preview all the images, place them in our program to make sure they worked, purchase them online and download the high-resolution versions — all in seconds,” Greer added. “We had a script that called for 4 to 5 voices. Rather than hiring local voice talent — for $250 to $500 per hour — we searched the Internet for high-quality voices that we could afford. We found several sites offering various forms of narration or voice-overs. We selected www.voices.com. In less than one minute, we created an account, posted our requirements and solicited bids. Within five minutes, we had 10 to 15 ‘applicants’ ” — charging 10 percent of what Greer would have paid live talent.

“Best part,” he said, “within minutes we had sample reads, which could be placed into our film to see if the voices fit. We selected our finalists, wrote them with more specific instructions and within hours had the final read delivered to us via MP3 files over the Web. We could get any accent or ethnicity we wanted. For music, we used a site called www.audiojungle.net,” where he could sample thousands of cuts of music and sound effects with the click of a mouse, and then buy them for pennies.

By being able to access all these cheap tools, Greer got to focus on his value-add: imagination.
Read the entire column here. When you attempt to access cheap tools and focus on your value add, take it global.

May 29, 2009

Snap Out of It; Global Trade Isn't Going Away

One of my favorite classic scenes in the movie Moonstruck is when Loretta (Cher) says to Ronny (Nicolas Cage), "Snap out of it!" (view clip here -- it's toward the end -- nice diversion). Well that scene plays in my head when I say to all the folks who are reporting bad news about global trade:

"Snap out of it!" Global trade isn't going away any time soon.

In the meantime and if you are a glutton for punishment, read more downer news at the NYTimes.com, "Trade and Hard Times."