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The Japan Business Insider Newsletter is the only English newsletter concentrating on success strategies and niche business opportunities in Japan. Stay informed and know where and how money is being spent and made in Japan. |
| The Japan Business Insider Newsletter Issue#97 |
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All You Need To Succeed in Japan ... For Free! |
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Thoughts From Above And BelowThe Finger Points Back At Us"Never look down on anyone unless you're helping him up " ~Jesse Jackson, activist~ (A message written in response to some seemingly smug, employed people putting down unemployed Japanese people in a forum) Education is the key to a successful life. But not the type we traditionally think about - reading, writing, history, math and science. Japan Niche Opportunities of the Week1) The holiday season and annual festivals draw large crowds of people who are bent on eating delicacies and frittering away money on a variety of things they will never touch or use beyond that day. What's even worse is that local businesses often don't consider the casual, one-time buyer as a potential long-term customer. An incentive to visit the shop or business which sold the goodies to you again never crosses the mind of merchants hawking goods at fairs or waiting for street traffic to arrive at their underpopulated stores. An Opportunity: The lifeblood of any community is dependent upon not letting big conglomerates swallow up small businesses. Small businesses should learn a lesson from all super successful online marketers and co-op their efforts and capture shopper/buyer names and email addresses at a minimum by offering useful services or products for gratis or heavy discounted prices in exchange for putting that person on their subscriber list. For example, retail creamery Cold Stone Japan is selling ice cream gift coupons for Christmas. That campaign, however, would be more effective if they co-opted with non-competitive businesses such as a confectionary chain, a sugar refinery, or a restaurant chain and made coupon books. In order to get a half-price ice cream and the coupon book, for example, the buyer would have to give personal information of their first name and email address (to be confirmed). A bargain or freebie would be offered by each co-opting member. The advantage is that you can develop a relationship with each drop-by customer to your store, fair booth or even the casual buyer of a product from a store shelf. For small shops to survive, it is necessary to share buyer data in a win-win, responsible fashion. A starting point to understanding this needed concept for Japan can be found by CLICKING HERE. 2) There are many more people in Japan reaching 65+ than there are children being born. In the 1950s and 1960s - when Baby Boomers were having children in record numbers - the infant diaper industry took off. Now we are at the other end of the tunnel, a time when adults are starting to develop incontinence - peeing and defecating in their pants - and the need for diapers for such people is skyrocketing. Look at a trend graph below:
An Opportunity: From regular hospitals to hospices to convalescence homes, incontinence diapers, ointments for urination rashes, and a host of other products for aging are growing in demand. The big paper companies think they have a lock on such services, but my sense is that these products will be expensive and increasingly difficult to find on demand as Japan ages. Many experts cite incontinence as the most common reason for nursing home placement. At least half of all nursing home residents are affected by incontinence and the annual cost of caring for those individuals is more than a billion yen. The trend is toward better technology in the form of products that move beyond basic containment needs - which are already being met fairly well by many products - toward improvements that help to meet higher-level needs related to skin health and breakdown prevention, as well as comfort and dignity. Proctor and Gamble is at the forefront of this research, but any country or company or country that has breakthrough technology in this field will find a hungry market in Japan. Want to Introduce Your Product or Service to Japan? Looking for partners? CLICK HERE.
Empowering Japan ResourcesNagano PrefectureLocated in central Japan and surrounded by 3,000-meter-high mountains, Nagano Prefecture is home to 2.2 million people with an area of 13,585 square kilometers, and is Japan's fourth largest prefecture. Nagano's unspoiled natural beauty and clean air attract over 100 million visitors annually - a number slightly smaller than Japan's entire population.
Heads UpI encourage everyone to look at Japan as a place for business, commerce and opportunity in the Twenty-First Century. It is a not only a strong launching ground for enterprise, but the last, great hope for the survival of this planet. Please fill out the form below and join our Japan prosperity circle:
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********** ******************** One Village, One Product Campaign
The One Village One Product Market refers to shops that exhibit and sell particular goods from developing countries, organized by METI and JETRO. Since April of 2008, the shops are being operated in the international airports in both Narita and Kansai. ******************** Outline of Testing Machines
The Japan Testing Machinery Association outlines the types of material tests undertaken in Japan and the machines which are used in each case. This is an easy yet informative webpage that makes these matters comprehensible to the novice. To learn more, CLICK HERE. ******************** Supplying RestaurantsThe language barrier beside, here is an English-language list of restaurants throughout Japan published by the Japan Restaurant Association which could be invaluable for JBIN subscribers or friends wishing to reach real restaurants and potential buyers of food and restaurant supplies. CLICK HERE to access this free resource. Also, take a look at the extensive Success In Japan Restaurant Directory by CLICKING HERE. **********************
This Week's ChallengeOn Procrastination~Paul Graham, multimillionaire programmer~ Technology investor
Paul Graham has written an essay about procrastination that is also about the mindset required to tackle hard problems. |
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