Waitrose Enters Dubai, RNCOS Report Studies Market PotentialBy: Shushmul Maheshwari
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Waitrose Enters Dubai, RNCOS Report Studies Market Potential
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The burgeoning retail industry of the Middle East has attracted players from all over the world, and Waitrose, one of the leading retail chains in the UK, is latest to join the league. The retail biggie has opened its first overseas store in the region. The retailer has entered into a licensing agreement with Fine Fare Food Market LLC to tap the growing Middle East retail market. With its first store located at Dubai Mall, Waitrose is planning to launch its second store by this year end.
The retailer’s move is largely being driven by the fact that the Middle East region enjoys a large consumer base coupled with increasing incomes and high availability of retail space. Moreover, the region has hardly felt any impact of the ongoing financial crisis around the world, says an analyst at RNCOS.
According to our study on the burgeoning retail industry in the Middle East, “Middle East Retail Sector Analysis (2007-2010)”, Dubai has emerged as a retail hub in the Middle East region. The city accounts for more than 50% of the total retail space across the UAE. It has also emerged as one of the preferred destinations for shopping because of Dubai Shopping Festival (DSF), an event that has grown more than ten times since its launch in 1995.
Our research attributes the rising attraction of Dubai among retailers to the expanding consumer class, rising income levels, and a large expat population base. Most international brands and retail chains are already present in the region and are investing heavily in order to augment their operations.
"Middle East Retail Sector Analysis (2007-2010)" is an extensive research which provides a detailed overview on the retail industry of the Middle East. It underlines the factors responsible for the growth of the industry, opportunities lying ahead and the challenges to be faced by the industry in coming years. This report provides the country-wise analysis, forecast, latest market trends, and emerging future areas of growth.
For more information visit: http://rncos.com/Report/IM518.htm
Current Industry News: http://www.rncos.com/Blog/http://www.rncos.com |
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| Keywords |
Middle East Retail Sector Analysis (2007-2010), Middle East Retail Sector Analysis, Retail Sector Analysis, Retail industry in the Middle East, Opportunities in Retail Industry in the Middle East, Worldwide Retail Sales, Worldwide Retail Market |
| Category |
Home Based Business |
| Submission Date |
Dec 13, 2008 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Home Based Business |
| 1. |
Rugby kits go Catwalk
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Well the new Stade Francais’s rugby kit is causing a stir! Made by Adidas, it is covered in repeat block colour images of Blanche de Castille, France’s thirteenth century ruler, complete with crown. The design is clearly reminiscent of Andy Warhol’s Marilyn Monroe prints.
Personally I quite like it, not sure it’ll look quite the same filled with a large French rugby player, but as a garment it works. The colours and design are strong and eye-catching. The contrast darker sleeves and side panels help to counteract the bright colour blocks and slim the figure and tone down the overall appearance of the garment so that it isn’t quite so garish. It certainly opens up a whole new area of sportswear design for those of us who have had the task of trying to come up with a new way of introducing team colours in various panels, piping and trims.
Whereas before garments have been limited by where seams can be put for comfort, strength and cost, the placement of colours was also limited to these areas as fabrics are still generally supplied in single colours.
The application of images and multi-coloured prints to sports clothing could completely change the way we do things. The advancement of sports fabrics has played a big part, new fabrics can be coloured and printed in ways which wouldn’t have worked so well in the past. This means that as new cheaper methods of printing are developed that allow for smaller runs of fabric, the way we think about sportswear design has also changed. More items are using printed fabrics within their design to try to give their product the edge. Gilbert for example use camouflage prints on their rugby protective gear. It still isn’t as financially viable for most team-wear as printed fabrics will still be more expensive and minimum quantities will be higher to make print runs worthwhile. But the concept is out-there now and more is sure to follow.
I like that the designer thought outside the box and I really like that Stade Francais were brave enough to go with it. It is so automatic to keep trying to come up with a variation on a theme, thinking in a completely new direction is rare. Although the design itself is reminiscent of earlier designs by Warhol, the use of that style of pattern in this context is radical and it has started debates on various websites. The fact that people are discussing the design of a new rugby kit is a great thing. Normally a kit would be launched and accepted without much notice being taken. Some fans will automatically buy a new kit whenever it is launched, others will buy them less frequently. This new kit will certainly test the loyalty of the team’s following!
Will they sell many to supporters? I don’t know, quite possibly the typical rugby crowd won’t be keen on having a bright pink queen (quite literally) on their front. Then again the design may appeal to a whole new audience. Certainly some might be more keen to wear this one as it certainly makes a statement, not only about which team you support but about the kind of personality you are - bold, outgoing, flamboyant.
Stade Francais often seem to get noticed for their kits, their pink one started an influx of other pink rugby and sports clothing. Brands such as Kooga have used pink for their polo shirts and rugby match shirts. So will this new design have us all following the trend? I can’t wait to find out. Will I be rushing out to buy one? No, I’m British! But if they make us one with our Queen on it instead or the faces of the England squad then, yes I’d wear one – would you join me?
: We sell a range of sports gear, including rugby equipment and goods. Please visit our website at http://www.morrant.com.
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| 2. |
Top 10 Result oriented Tips of Internet Marketing For Your Home Based Business
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This article can determine the success or failure of your internet marketing strategy. You see, there is ONE question anyone getting started with a home based business opportunity NEEDS to have the answer to:
"How do I make money on the internet in the fastest, easiest and most effective way? How can I do this while working with what I love and helping the people I like to be associated with?"
The answer is simple. You follow these 10 steps:
1. You must focus on a specific target market that you love and want to work with for life.
This makes it easy for you to stay motivated, it brings you more fulfillment in life, and it lets you make a very nice living in the process. For more information visit to:www.mrx-interview.comTarget a market that you would love to work with, even if you didn't get paid for it. Pick a group of people you can relate to.
2. The purpose of your home based business should be to help your customers, not take their hard-earned money and run.
That's useless in the long term, and if you've been thinking about it you might as well drop the project. Please make sure that you understand this universal truth deeply enough. If you do have a sincere desire to help your customers, everybody wins and you'll be a lot more successful.
3. Your main goal is to build a big database of lifetime customers from your market who trust you, feel grateful to you and value your recommendation.
A one-time sale is worthless. A good relationship with loyal customers is worth a fortune in your internet marketing strategy. That's the most valuable thing any business can have. The key here is to build your large list of "lifetime customers who trust you." Achieve this and you're set for life.
4. You do this by selling your prospects something that solves their common problems and helps them achieve their dreams.
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5. You need to create a proven, optimized sales process and automate as much as possible.
You need a powerful sales letter that converts the maximum number of prospect to paying customers. If you don't want to lose money, it's vitally important that you test each step of your sales process to reach the best results. For more info login to :www.tube-traffic.comYou need to test the effectiveness of your sales letter, your ads, your price and your back-end strategy. Once you know which ones are winners you can easily optimize your results and pyramid your profits.
6. You should start a reseller program and let other business owners recommend your product to their lists.
7. You want to build your valuable lifetime customer database fast and free.
You can do this in several ways, but there are a few easy methods that you should combine: free publicity, viral marketing, joint venture deals and advertising on a large scale. The key here is that as long as you break even or make a profit on the first sale, you can basically build your database of loyal customers as large as you want instantly and for free. From there on it's all profits.
8. From here on you simply continue to build your relationship with your customer list by helping them solve their problems and achieve their goals.
9. Always, always over-deliver on your promises. Take extremely good care of your clients and subscribers.
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10. Continue with this process from here on and you'll make a fortune.
Keep selling your front-end product to add new lifetime customers to your list for free. Keep helping them reach their ultimate goals by recommending additional good, related products. You'll make a very nice living and enjoy life to the fullest, all while doing what you love. And you'll make a lot of new friends in the process.
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| 3. |
How to Use the Internet to Grow My Network Marketing Company
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As times have changed in the MLM world recently, more people have looked for an alternative to ‘Belly to Belly’ marketing to promote their home based business. This has created a tidal wave of home business owners asking, “How do I use the internet to grow my Network Marketing business opportunity?”
The problem is that most people don’t know much about the internet beyond how to browse through some websites and use e-mail for work or to keep in touch with friends. And although those skills are a start, they don’t really help in how to use the internet to grow your MLM Network Marketing company.
With this in mind, I’ve outlined a few basic steps that should get someone started finding MLM success online:
1) Determine who your customer is, and what they want. This is the basics of marketing and the foundation of any effort—both online and offline—to building your home based MLM business. Please don’t fool yourself into mistakenly believing that ‘Everyone is my customer’, or you will surely be in trouble. Narrow it down, and get very specific about who you want to target.
2) Get a website to capture your customer’s information. In order to effectively use the internet to grow you Network Marketing company, you need a website that will appeal to your target market. If they like the site and what you are offering, then they will gladly give you their contact information in exchange for a discount, free report, newsletter, or some other incentive. By knowing what your customer wants, it’s easy to get them something that is worth them putting their name, email, and possibly phone number into your data capture page.
3) You need to get visitors to your website. If you want people to visit your website, they have to know it exists. This means that you need to find ways to let people know about your site and what it has to offer. This is called ‘Driving Traffic’ or ‘Generating Web Traffic’ and is the #1 reason that most people fail to turn their website into a profit generating endeavor. There are dozens of articles that have been written by me and many other experts covering this subject, so I won’t get into it here.
4) Follow up and build a relationship with your customers. Now that people have been to your site and given you their contact information, it’s time to build a relationship. With a tool called an autoresponder, you can set up follow up e-mails that build trust and offer valuable information or services to your customer. While doing this you can talk about the advantages of your MLM business opportunity, its product, or relay relevant stories about people who are finding success with the company.
5) Ask for their business. If you have done step 4 correctly, you may not even have to ask for your customer to join your company- they should be asking you how they can get involved. However, many people aren’t assertive enough to contact you, so when the time is right, you need to give them a direct chance to join your company.
If you follow this success system on how to use the internet to grow your Network Marketing business opportunity, then I have done my job. Once created, an online MLM lead generation system will grow your home business 24 hours a day, 7 days a week.
It is important to note that it will take time, testing, and work to make this happen; but if you are willing to stick with it until you find success, the rewards can be incredible.
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| 4. |
How to Get Free MLM Leads for Your Network Marketing Business
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In order for you to succeed with your Home Business, you must learn how to get cheap or free MLM leads for your Network Marketing business to succeed. This is because the most important aspect for growing your MLM or Network Marketing company is finding a way to constantly bring new prospects to your Business Opportunity, and grow a huge downline and residual income.
This is a dilemma that has haunted new home based business owners in the past, but as technology has developed, the question of “How do I get free MLM leads for my business?” has gotten easier to answer.
There is no “Golden Ticket” to mountains of free leads, and usually you’ll end up paying for them with your ‘Time’ instead of money, but here are a few ways that you can get free MLM leads for your business:
1) Exchange your existing leads with another Network Marketer. This might seem unusual, but often other Networkers have leads that they have already contacted (usually a while ago) that they will exchange for leads that you have in your database. These can prove to be very valuable because most Network Marketers don’t call their lead lists, and even if they do—most of them never reach 70% of the people on the list. This means that the list is probably more than 70% untouched by the person who is exchanging with you.
2) Find leads on the internet. There are a variety of ways to find free leads for your MLM business online with a little effort. Try searching for ‘genealogy leads’, digging around in databases, or approaching lead brokers for a ‘free sample’ of a lead list. This is a very time intensive approach, but works for those who learn how to employ it correctly.
3) The best way to generate free MLM leads for your home Network Marketing business is to learn to use the internet effectively. You can literally create a lead generation system that costs you NOTHING, and will help you capture contact information of prospects 24 hours a day, 7 days a week. This type of ‘Free’ system takes time and effort to set up, but once established will feed your MLM business with free leads forever. So the energy you put into the system will be leveraged exponentially to create massive results from your up front efforts.
Of these three methods, I have had the best results in creating and developing my own online lead generation system because it continues to bring in prospects day after day and week after week. It is the key to my success, and the success of many other home business owners in Network marketing.
Figuring out how to find free MLM leads for you home based business can be the beginning to success for you company, and lead you in the right direction for future growth and profits.
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| 5. |
Waitrose Enters Dubai, RNCOS Report Studies Market Potential
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The burgeoning retail industry of the Middle East has attracted players from all over the world, and Waitrose, one of the leading retail chains in the UK, is latest to join the league. The retail biggie has opened its first overseas store in the region. The retailer has entered into a licensing agreement with Fine Fare Food Market LLC to tap the growing Middle East retail market. With its first store located at Dubai Mall, Waitrose is planning to launch its second store by this year end.
The retailer’s move is largely being driven by the fact that the Middle East region enjoys a large consumer base coupled with increasing incomes and high availability of retail space. Moreover, the region has hardly felt any impact of the ongoing financial crisis around the world, says an analyst at RNCOS.
According to our study on the burgeoning retail industry in the Middle East, “Middle East Retail Sector Analysis (2007-2010)”, Dubai has emerged as a retail hub in the Middle East region. The city accounts for more than 50% of the total retail space across the UAE. It has also emerged as one of the preferred destinations for shopping because of Dubai Shopping Festival (DSF), an event that has grown more than ten times since its launch in 1995.
Our research attributes the rising attraction of Dubai among retailers to the expanding consumer class, rising income levels, and a large expat population base. Most international brands and retail chains are already present in the region and are investing heavily in order to augment their operations.
"Middle East Retail Sector Analysis (2007-2010)" is an extensive research which provides a detailed overview on the retail industry of the Middle East. It underlines the factors responsible for the growth of the industry, opportunities lying ahead and the challenges to be faced by the industry in coming years. This report provides the country-wise analysis, forecast, latest market trends, and emerging future areas of growth.
For more information visit: http://rncos.com/Report/IM518.htm
Current Industry News: http://www.rncos.com/Blog/
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