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Welcome to Theword

Theword is an effort to help small and medium organisations worldwide to go global by setting up own offices or to find partners to spread their wings. We have tried to put maximum effort to bring matters together to help those who can’t afford to have own marketing research.

Globalisation is a term for the horizontal and vertical integration of manufacturing and trade on an international level.

Trade is increasingly global in scope today. There are several reasons for this. One significant reason is technological—because of improved transportation and communication opportunities today, trade is now more practical. Thus, consumers and businesses now have access to the very best products from many different countries. In part to accommodate these realities, countries in the last several decades have taken increasing steps to promote global trade through agreements.

When one looks at an entire country, note that overall GDP may increase as population increases while its per capita GDP increases less or even decreases. The nominal per capita GPD is more useful for determining local consumers’ ability to buy imported goods, the cost of which are determined in large measure by the costs in the home market, while the purchase parity adjusted measure is more useful when products are produced, at local costs, in the country of purchase. It should be noted that, in some countries, income is quite unevenly distributed so that these average measures may not be very meaningful. In some countries there is a very large underclass making significantly less than the national average, and thus, the national figure is not a good indicator of the purchase power of the mass market. Similarly, great regional differences exist within some countries. Thus it is vital for you to know the GDP growth, buying power, economic status of the masses, political and beurocratic influences, cultural behaviour etc.

Culture is a problematic issue for many marketers since it is inherently nebulous and often difficult to understand. One may violate the cultural norms of another country without being informed of this, and people from different cultures may feel uncomfortable in each other’s presence without knowing exactly why.

Links from this site will take you to understand each country in detail and sources available for you to expand your business either by business matchmaking or finding a place to foot yourself in your dream market by sharing or hiring an office, find a reliable consultant to help you set up your business, buy east and sell west without language barrier, assistance in matters concerning familiarisation of the new place , what you should know if you want to relocate (move) yourself, office/factory equipments, or an employee.

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