much of the data we need in Japan are simply not available because the Japanese marketplace is less well developed than in the U.S. Drivers' license data, income data, lifestyle data, are all commonplace here and unavailable there. There is little prior penetration in either country by American retailers, so there is no experience we can draw upon. We have all heard how difficult it will be to open up sales operations in Japan, but recent sales trends among computer sellers and auto parts sales hint at an easing of the difficulties.
"The plan is to open three stores a year, 5,000 square feet each. We expect to do $700/square foot, which is more than double the experience of American retailers in the U.S. but 45% less than our stores. In addition, pricing will be 20% higher to offset the cost of land and buildings. Asset costs are approximately twice their rate in the U.S., but labor is slightly less. Benefits are more thoroughly covered by the government. Of course, there is a lot of uncertainty in the sales volumes we are planning. The pricing will cover some of the uncertainty but is still less than comparable quality goods already being offered in Japan.
"Let me shift over to the competition and tell you what we have learned. We have established long-term relationships with 500 to 1000 families in each country. This is comparable to our practice in the U.S. These families do not know they are working specifically with our company, as this would skew their reporting. They keep us appraised of their catalog and shopping experiences, regardless of the company they purchase from. The sample size is large enough to be significant, but, of course, you have to be careful about small differences.
"All the families receive our catalog and catalogs from several of our competitors. They match the lifestyle, income, and education demographic profiles of the people we want to have as customers. They are experienced catalog shoppers, and this will skew their feedback as compared to new catalog shoppers.
"One competitor is sending one 100-page catalog per quarter. The product line is quite narrow—200 products out of a domestic line of 3,000. They have selected items that are not likely to pose fit problems: primarily outerwear and knit shirts, not many pants, mostly men's goods, not women's. Their catalog copy is in Kanji, but the style is a bit stilted we are told, probably because it was written in English and translated, but we need to test this hypothesis. By contrast, we have simply mailed them the same catalog we use in the U.S., even written in English.
"Customer feedback has been quite clear. They prefer our broader assortment by a ratio of 3:1, even though they don't buy most of the products. As the competitors figured, sales are focused on outerwear and knits, but we are getting more sales, apparently because they like looking at the catalog and spend more time with it. Again, we need further testing. Another hypothesis is that our brand name is simply better known.
"Interestingly, they prefer our English-language version because they find it more of an adventure to read the catalog in another language. This is probably
Knowledge is Power
“The only source of knowledge is an experience.”
Knowledge power is real power. Knowledge is most powerful greater than physical strength. Those people have a better knowledge can control all situation and circumstances in his life. This is the complete experience In other words of knowledge is power.
There is knowledge never ends in all subject, and there is no limit to learning and take a knowledge of all thing. Knowledge never has any partiality for all. All should have equal knowledge. Knowledge is a real power which always remains with the person in all bad and good times. Generally, in the school the children getting this topic for writing an essay about the knowledge in his views. Knowledge is very powerful as better than the physical power. Once the people get the knowledge power than they do not need to fear to any other power.Knowledge is most important thing for becoming a great person
Advantages of knowledge power
Knowledge is the power which we can say that it almost everything because it can make a physically weak person the strongest person in the world. Knowledge is the power the most famous and genuine proverb said by the famous personality named. Francis Bacon. Knowledge has to differentiate between Human beings and animals. It creates self-confidence and lots of patience in tasks of the life.
Knowledge helps to the improving the personality of the image of people. That’s why the people on the earth very powerful and intelligent creature on the land by nature.
Knowledge gain is unlimited for all individuals there is no limit to take Knowledge. Knowledge is a very powerful for becoming a great person in the society. If we have the knowledge that we can also give the knowledge to that Students those not have money to learn anything.
Knowledge is the vital tool to get positive changes in the society and country. Knowledge is that thing there is not anyone can away from it. This is the very precious thing. It remains with us.
Importance of knowledge is power
Knowledge is the way to learn anything.The man can get knowledge from Books, Research, and experience. Knowledge is the power which can control nature force as well as giving benefits. True knowledge keeps away the person from fightings and any other bad habits. Knowledge is depended upon the person those wants to learn more which gives them successive life and generations. If the knowledge of the person can use active and negative in it. There are many things to learn in knowledge which people can not do physically such as running on barefoot, see far like an eagle, run so fast like a panther, fight with forest animals, carry heavy loads, smell quickly like dogs, etc.
We can say it the knowledge is power because it gives us happiness in our life when we are stressful than we can survive all things by our knowledge and we can also maintain our maintainability in all cases. There is so many people succeed in his life because of great knowledge; There is our great person like Albert Einstein, Thomas Edison they are the example of knowledge in world.
A person can gain some new knowledge through the regular observation and experimentation. And also the people who are using the knowledge in harmful and destructive ways to may hugely district to life existence to the earth.
There is so much different people in the world, but all differences are just because of the knowledge level of every individual. For example, Newton discovers the theory of gravitation and there are many other famous scientists who have found amazing things in life for us and make great and easy life existence to the earth.
All is possible because of knowledge in the life. Lack of knowledge is injurious to health. Still developing the continuously by the knowledge and make it in various fields to the powerful country.
The underlying secret of every success is the power of knowledge which gives ultimately person name, fame, and money. The progress of the success people or any country depends upon the knowledge.
Knowledge is the most powerful thing for that person who wants to become a great personality and wants to complete his goals by his knowledge.
In the world, there is so many people are luckiest and richest person because knowledge can never be stolen or plundered and does not decrease even when it is given to others.
The man has power has to wisely use the knowledge for humanity to create a better and safe world.
Knowledge gives us some revolutionary ideas which help to alter the way of viewing the world, So we can say that knowledge is a pillar to our happiness and success.
Knowledge made the people to great in the society and respected the person in all views. Knowledge provides actual power to speak through our mind which helps people to understand who you truly are.
Knowledge always helps us to absorb things from the genius people who have the ability to improve the quality of life. It gives us everything in life as money, power, name, fame, success and position. Knowledge gives a person ability to a understand to all people in all situation.
Knowledge helps to human beings to utilize his knowledge at the right place and various forces of nature for the benefit of humanity.
If we don’t have a proper knowledge than we cannot teach to other people. For examples, a teacher cannot teach well without the proper knowledge to children and student without any knowledge of his subject cannot pass the examination. A Doctor without knowledge in surgery cannot be a successful doctor. A Pleader without proper legal cannot argue well for his client.
A knowledgeable person is always getting fame very easily, and people want to work with him.
SMALL VEDIO EXPLAINING THE KNOWLEDGE IS POWER