Jump to content

Listen to Pattaya FM105

View New Content  

steveromagnino's Photo


steveromagnino

Member Since 2005-05-27
Offline Last Active 2012-05-24 18:50
***--

Posts I've Made

In Topic: Job In Finance

2012-05-24 14:08:04

Bangkok Post is widely read by Thais so often for the job classifieds there is no intention at all to hire an expat, it is aimed at Thais who speak english at a certain level.  99% of the jobs they have no interest in hiring someone with no work permit/VISA etc they just expect an english speaking Thai (and there are many english speaking Thais in Bangkok).

Also, to further confuse things, sometimes the ads in BKP are given free when advertisers advertise in the sister publication Post Today (and same occurs with Nation/Krungthep Turakij) so the ad ends up running even though the target is even more clearly Thai.

In Topic: Is Running A Billboard Printing Business Profitable Here In Thailand ?

2012-05-24 14:04:24

look for 2nd hand machinery is some good advice; print companies often go bust, if you can buy equipment as a going concern, can save you cash and you have an immediate client base also, at a lower cost.

In Topic: Job In Finance

2012-05-24 12:38:06

I would add that jobsdb and so forth generally proves to be a very poor way to hire management level people so many HR companies flick ads on those free sites because it is free and so they seem to be seen to be doing their jobs.  Which as most people know, is usually not the case (I have had the pleasure of laying off an entire HR dept twice in my life, and in neither case did it affect the company at all).

Headhunters and recruiters are a better way to go, and may go in to bat for you more than spending week after week clicking on online sites.  BKK Post we are about to launch an ad campaign hiring, but it isn't expected we will necessarily get good staff from it, although we live in enternal hope.  Again, agencies seem to be the easiest for multinationals and foreigner centric companies (who may already have expats in their staff).

In Topic: Job In Finance

2012-05-24 12:23:46

I would echo Samran's comments, plenty of work here for expats in the finance sector, salary might be a bit 'off' vs. full expat packages but not so bad in cost of living terms.  interesting work as well, your skills will leave you in a good position here as things happen a little slower and more basic here.

There is a big BUT.

The BUT is you are jumping off a potential esclator fast track to the big life in finance to come to a relative backwater; yes there are plenty of good finance jobs here but it is not a mecca like Singapore, Hong Kong, London, etc; from a resume perspective that may prove problematic at a later point.

Your masters degree is a major door opener here, and while you may start on perhaps a fair to middling wage, there is no reason why you could not earn relatively big money within 3-4 years, however that depends on how well you fit in here and so forth, same as anywhere.

For what it is worth, i do not think hardly anyone I know or have hired in the past came from jobsdb, classified ads in the newspaper etc; the quality and huge quantity of applicants makes hiring that way a bit crazy; we are about to advertise for staff but only because it makes our search via the headhunters a bit more legitimate and there is alwyays the hope of getting a decent applicant (which in 10 years still has happened only a couple of times).  Headhunters and recruitment agencies are a better place to go, they will find a job for you more likely if you look good on paper; most of the jobs aren't advertised at a management senior level anyhow unless required (wanted Hot body PM lady with connected family to run middle income developing country.  Should be easy on the eyes, past experience in real estate or telcoms a bonus.  No fatties)

In Topic: Is Running A Billboard Printing Business Profitable Here In Thailand ?

2012-05-24 11:15:27

Ok let's take your apple example, funny you should mention a company i know so much about (my final comment on this, so you can apply it directly to your printing business):

"Let talk about an iphone. The norm supply chain will be = The company Apple Inc >  Authorized Telcos which will be the Distributors/"wholesalers' > Resellers/Retail Shops > End Users/ Customers. Although Apple does't have retail shop to do their selling. They do it themselves through apple store. But for the better understanding of our topic. Let just say they do.

I would you feel as a reseller store if these distributors sells directly to end users at a cheaper good price,foregoing bypassing your level. Given that they have a better 'wholesalers" price directly from the 'manufacturer" itself. Reaping the huge profit & sales price in between? Screwing you in between as a honest reseller shop trying to make a decent living?"

Apple DO retail directly through their apple stores (not yet in Thailand, but USA, Japan, China, etc) and their apple website, and while there are pricing tiers with their resellers and also tie ups with telco companies, when an apple store opens directly, they decimate the resellers in the direct 15km vicinity, and that is part of the reseller's strategy when they sign leases, to ensure they are not collateral damage.  As far as I know (having had this exact conversation with Apple Asia-Pacific and the 2 largest resellers in Thailand) this is accepted as inevitable, and it's a case of 'make hay while the sun shines'.  Or in Thai 'num kuen dtong reep tuk'

Incidentally, when an apple flagship opens, the effect is actually positive for the resellers outside the 15km radius, because it generates positive brand position and some people (like me) have no interest in going to 10,000sqm of retail space selling the same stuff I can find in 200sqm.  but immediate neighbours are wiped out.  That's the role of business and 'creative destruction'.  I would put the apple website and the fact apple retails directly on partner websites against themselves using amazon, ebay, etc etc and no one complains about any of this as a case of proof that the point you are attempting to raise is simply not an issue in macro economics; certainly it would be better as a mom and pop store if you didn't have a big competitor with competitive price point advantage competing against you directly, as you could rook your clients...but if HP isnt' doing it and Canon or some other brands are then HP would be the net loser.

In the case of HP, you may think their job is to sell printers to mom and pop stores.  I doubt very much if HP consider this as their job; I believe the distributor's goal would be to get an increasingly large share of an increasingly large printing and periferals including ink industry, and the management of the value chain downstream is to balance large direct sales vs. mom and pops.

The distributor would be gauged on how well they do this, I doubt (but I can check for you) if HP would care that they are setting up price competitive print houses as well to compete against the other ink/printer companies.  The industry has several tiers, from what I can see there is a tier of business to business which I already told you a mom and pop store is not going to get a look in (such as printing all the skins at the airport for JCD); then there is the tier of business to consumer where pricing is quite standardised, and this second area is where i understood you would do business (stickers on cars, stickers for company signs, smaller scale billboard printing, etc).

I just asked and now know that a large print firm we use with turnover of (my estimate) somewhere between 100 - 200m baht per year has no connection other than being a large customer of some of the suppliers that you name; if it was an issue, they would have raised it, as this end of the market, they are not paying what you are paying, they are buying directly at the lowest possible ink price.

There are numerous reasons why you would and should pay a higher price than a volume buyer, and numerous reasons and examples in almost every single industry I can think of where the manufacturer sells direct and also sells via middle men.  How do travel agents work?  How do hotel bookings work?  How can Amazon exist?  How can Apple, Macro, CP, HP, (insert virtually countless consumer brand in the world here) do business selling directly and also selling via other distribution networks?

If it was such an issue, you would have almost no mom and pop printing shops.  Which any search of any village throughout Thailand will assure you is not the case at all, they are all over the place.

What can you use from this?  Well first you can identify that brand of the materials matters, and I could tell you that; people will pay a different price for China no grade skins or 3M UV resistant skins etc and inks also the same applies.  You could create a point of difference by offering exclusivity in specific inks or print techniques, or offer a wider range than someone else (choose between brands).

I don't mean you would be unique in either of these, but I know print houses that specialise in both these USPs in their respective territories; I do still believe printing to be a territorial business (due to the tyranny of distance in delivery and meeting clients) but your experience in the industry may differ.

Quick Navigation   View New Content Site search: