Accenture’s Peter Lacy & Boston Consulting Group’s Janmejaya Sinha tell me that the future is millenial, urban, Asian & by 2030 a market worth $7 trillion.
I was struck by the vibrancy, the drive and the spirit of Vietnam while I was there for a week last year for Johnnie Walker & Hub Culture’s Keep Walking event . There was hardly a whiff of recession; rather everyone I met spoke about opportunity.
source url “In 1800-1820, China and India were 50% of the world’s economy. In 2040 it will be the same. It doesn’t mean that anyone loses, it means that the opportunities are much greater.”
click Boston Consulting Group did 1600 interviews of people who are the emerging middle class.
http://secon.se/newsletter/ In effect, the BCG report has helped to redefine what the emerging middle class is.
How earn money from internet xcom enemy unknown “It used to be $40-70,000 household income in the US. That’s the super-rich in India.”
guadagnare in borsa opzioni binarie The new middle class is Asian and earning “between $7000-20,000. They want a better life now. The new middle class dream is a house and some education. Health care will come later.”
what do you buy someone you just started dating for their birthday This is an engine that is already revved up and running. “From post WWII, every company wanted one thing: the American consumers’ wallet. http://iviti.co.uk/?vera=opzioni-binarie-1euro-paypal&834=d3 Now we’re going back to 1800 when the East India Company wanted the Asian wallet. But now we need to re-discover what it is. People like to make money, they’ll go where the money is.”
http://jwsmith.net/?piderees=conocer-gente-en-gran-canaria&51a=fa Peter Lacy, Managing Director of Sustainability Services for Accenture’s Asia Pacific Region told me he’s looking at how you engage this middle class . Accenture’s latest report shows that when
fare soldi su internet opzioni digitali “you look at the most receptive consumer group – they’re Asian, they’re urban, they’re digital and they’re millennial. They are real influencers.”
Furthermore, when you look towards 2030, “the dominant consumer goods spending will be in Asia. Within that group, the Millennials will have the most significant chunk of that spending.
They’re pro-social, pro-environmental, they think they can change the world, and they think it is their duty to change the world.”
By 2030 their wallet will be worth $7 trillion. The Future is Asian.
What about those left in the West? BCG’s Sinha said,
“The global opinion is still formed by the FT, the WSJ, the Economist… the BBC. The Economist devotes 2 pages to China, 6 pages to Britain and every so often, ½ a page to India.”
If they’re to stay in business, this will have to change.