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Kalalloo is an Online Marketplace (B2B, B2C & C2C), where visitors can shop for all types of consumer products and services i.e. find a job, buy real estate, insurance, get a loan, money transfer, buy groceries, jewelry, clothes, books, car, book an airline ticket/hotel/car rental, buy music CDs, DVDs, auction buying and bringing buyers and sellers together.  In addition to the Internet Kalalloo is also an Online Network is comprise of TV and Radio live streaming 24/7, bring breaking/latest news, weather, sports and movies.

Tune into The Marketplace every Wednesday's at 7:30pm (EST), during the MoneyTalk broadcast starting at 6:30pm (EST). Click the blue and white media player below to listen, or click here for more information

Kalalloo Marketplace Business/Product of the week: The B.V.I. Investment Club was formed in 1992 for the purpose of investing in the economic future of the British Virgin Islands (BVI). The Club's primary objective is to develop and facilitate oppurtunities for the economic and social benefit of the wider BVI Community.

"Fulfilling the Vision of Economic Empowerment" is the Club's motto.

The Club's membership is made up of community leaders and business persons who are committed to ensuring that the British Virgin Islanders and belongers share in the economic development of the BVI. Membership currently stands at sisty two persons. The Club is keen to encourage the development of other investment clubs and create greater public participation in its activities.

As a major provider for (8) Caribbean High Volume Retail-Wholesale Groups in 15 Islands, T&T has selected products from U.S. Manufacturers / Distributors / Wholesalers / Agent Reps., and included these "U.S. quality products" into the T&T SALES ORDER CYCLES for our Caribbean customers, and have produced, on average for each qualified new product, the following SALES ORDER PRODUCTION: Between 4 to 6 FCL 1x20' , at $35,000/container by the 2nd Quarter of First Contract Year, and by the 3rd Quarter of the 2nd Contract Year, between 5 to 8 FCL 1x40', at $45,000/ctnr.

Tune into The Marketplace every Wednesday's at 7:30pm (EST), during the MoneyTalk broadcast starting at 6:30pm (EST). Click the blue and white media player below to listen, or click here for more information

Kalalloo interactive and engaging platforms seamlessly integrates with leading social networks such as Facebook, Twitter and other social networks, providing an opportunity for leading brands to reach and engage consumers, delivering measurable results for businesses.  In addition, Kalalloo live video streaming provides a real time experience for consumers on their desktop, laptop and mobile wireless devises during regular and major event programming.

Online to Grow as 26% of Small Businesses Up Ad Spending

97% of US small business owners are concerned about the economy, but 26% nonetheless plan to spend more on advertising — especially online.

Another 60% plan to spend about the same as in 2008, according to a report from Ad-ology Research (via MarketingCharts).

Ad-ology's "Small Business Marketing Outlook" survey found that while 25% of small business owners — with less than 100 employees — are "fearful" about the economy (58% are merely "concerned"), they are also cautiously optimistic. 83% expect 2009 sales to be up or about the same as 2008.

In terms of 2009 spend on various media, over half of small business advertisers plan to spend the same or more on the following: Online advertising (69%), Yellow Pages (54%), newspapers (51%), and direct mail (51%).

The biggest factors for small-business owners in selecting specific advertising vehicles are rates (50%), proximity to business prospects (48%) and doing what the company has always done (41%).

52% of small business owners agree with the statement "you can gain market share by marketing while your competitors are cutting back."

74% feel their company must be one of the first two or three that come to a customer's mind when they need what the small business owner is selling.

Over half of respondents plan to spend the same or more time and money on their websites (53%), e-mail marketing to current clients (55%), and e-mail marketing to potential clients (51%). Use of and interest in more established online marketing methods continue to grow for small businesses.

"ENTREPRENEURS EMBODY THE PROMISE OF AMERICA: THE IDEA THAT IF YOU HAVE A GOOD IDEA AND ARE WILLING TO WORK HARD AND SEE IT THROUGH, YOU CAN SUCCEED IN THIS COUNTRY. AND IN FULFILLING THIS PROMISE, ENTREPRENEURS ALSO PLAY A CRITICAL ROLE IN EXPANDING OUR ECONOMY AND CREATING JOBS."
- PRESIDENT BARACK OBAMA, JANUARY 31, 2011

And The Winner Is — Virginia

The Old Dominion State is back on top, knocking out Texas and capturing first-place honors for the third time in five years.

Top Five

1. Virginia
2. Texas
3. North Carolina
4. Georgia
5. Colorado

Click here for overall ranking

Small Business Outlook Survey - April 2011

Click here for Key Findings

The small business climate has deteriorated. Small business owners almost universally agree—by a 73% to 17% margin—that the climate of the last two years has hindered their growth. Respondents were split in how they view the next two years, with 38% believing it will improve, 37% believing that it will worsen, and the remainder uncertain.
Uncertainty abounds with small businesses. They are worried about current regulations, but are even more concerned about what Washington will do next. 49% say they “really don’t know” if their business’ best days are ahead of them.

Small business continues to be hesitant to hire. 55% of respondents cited economic uncertainty as their greatest hiring obstacle and 35% said Washington uncertainty impacted growth, while 35% cited too little revenue as their greatest obstacle. 70% of respondents do not plan to hire new employees next year, and 9% will continue layoffs.
Two of the top issues of concern are America’s debt and the health care law. 80% said America’s debt and deficit have a negative impact on their business, and 72% of respondents say the health care law has made hiring more difficult.

Small businesses want Washington to get out of the way. In a commanding majority, 79% of small business owners say they want more certainty, and only 14% want more government assistance

Think regionally, act locally: Four steps to reaching the Asian consumer

The most successful global consumer enterprises are radically reshaping their organizations and business models to suit the region’s rapidly evolving high-growth markets.
Asia’s emerging economies are leading the world out of recession, and the region’s consumers are taking the baton from their overextended counterparts in developed countries. Are the largest global consumer enterprises ready for this momentous shift?

McKinsey’s experience suggests that even the most sophisticated multinationals must change significantly to realize Asia’s growth potential. The region is as diverse as it is vast. Its markets come in a bewildering assortment of sizes and development stages, and its customers hail from a multitude of ethnic and cultural backgrounds. Their tastes and preferences evolve constantly. The speed and scale of change in Asian consumer markets can surprise even experienced executives. To meet the challenge, global companies will have to organize themselves regionally to coordinate strategy and use resources in the most efficient way while at the same time targeting the tastes of consumers on a very local level.

In Asia’s high-growth markets, these companies face intense competition from low-cost local players; customers with modest incomes, disparate preferences, and minimal brand loyalties; and fragmented distribution channels. Some of the problems will recede as the region’s economies mature. For now, though, the savviest players are trading their old management practices—including largely independent country operations and centralized administrative structures—for leaner, faster, more flexible, and regionally collaborative ones. They are strengthening their in-country operations while creating small, fast, and entrepreneurial regional leadership teams, which at their most successful adeptly allocate resources across markets, leverage scarce executive talent, drive innovations from one market to another, and relentlessly cut costs.

Asian consumer spending seen at $32 trln by 2030 - ADB

(Reuters) - Consumer spending in Asia is likely to reach $32 trillion by 2030, powered by the emergence of a rising middle class in the fast growing economies of China and India, the Asian Development Bank said on Thursday.

Contributing 43 percent of worldwide consumption in the next 20 years, Asia will assume the traditional role of the U.S. and European middle classes, the Manila-based bank said in a report released in New Delhi.

It estimated Asian consumers spent about $4.3 trillion, or about a third of OECD consumption expenditure in 2008.

"Developing Asia's middle class is rapidly increasing its size and purchasing power, and will be an increasingly important force in global economic rebalancing," Chief Economist Jong-Wha Lee said in the ADB's 2010 report on key regional indicators.

Nearly 56 percent of the population, or about 1.9 billion people, have pulled themselves into the ranks of those earning $2 to $20 per day in 2008, the ADB said, with the number growing by around 205 million in India from 1990 to 2008, second only to China.

But it cautioned that more than 75 percent of India's middle class remain in straitened circumstances, and at risk of falling back into poverty if hit by a major economic shock such as the global financial crisis.

Economic growth in China added 800 million people to the middle class between 1990 and 2008, when spending in Asia rose almost three-fold versus marginal increases in other regions, it said.

The rise of the middle class in Asia could sharpen environmental and health concerns that until recently were more typical of wealthier parts of Asia and the world.

Asian Consumer Trends

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