Online Trading: A Viable Option for Asian Immigrants



In the recent decade, we have seen a gradually increasing ratio of people migrating from many Asian countries to the Canadian land for having a better future overall. This trend is getting momentum day by day and Canada, despite being seven seas afar from the Asian borders, seems to be a second most preferred place for our Asian fellows interestingly.

Starting from highly-qualified doctors to well-skilled engineers and computer professionals, the list of aspiring immigrants rushing to the Canadian region entails a number of those people who already rejoice a good social and economic status in their homeland at Asia. Immigrants from the Asian countries opt for well-developed countries like Canada as existing circumstances in many Asian regions are not socially and economically favourable.

This is mostly due to rather weaker socioeconomic conditions in Asia which have led its people to think upon leaving this land and try other places and countries to find available opportunities for meeting up essential necessities and livelihood requirements.

Even most of the people, belonging to reasonably educated middleclass sections of the urban societies, are now opting for being immigrants in their remaining lives because they mostly want to improve their entire social and economic status by increasing up their current income levels and gathering up more amenities which are supposed to be an essential element in modern and well-developed societies.

Though, hundreds of thousands of people from many Asian countries have successfully managed to migrate to Canada and now making the most of the employment opportunities available in many parts and regions of Canada. But, in actual fact, a majority of the migrated fellows remains underutilised as most of them are given manual jobs and employment opportunities.

Thus, considering it as a Hobson’s choice in a foreign land where any available opportunity is all welcomed by struggling immigrants, many well-skilled people and professional-degree holders prefer to perform manual jobs to making their very bread and butter.

No doubt, it’s better to be employed instead of being labelled as an unemployed jobless immigrant but, on the other hand, there are even many better options to earn quite well despite all limitations and restrictions offered by a strange economic environment of another country or region.

To establish a physical office at Canada wouldn’t be a feasible option for Asian traders but setting up a trading office virtually is always at hand, and, thanks to the World Wide Web, there are a number of useful resources on the internet (e.g. www.worldoftrade.com), which have already turned many small businesses and SME’s into a huge success by any means.

The journey from manual labouring to virtual trading is facilitated by numerous online resources where not only you can register as a buyer and supplier, but you can also make business within a very short span of time. The greater advantage Asian people have is the agriculture-based economic background of their country, which is quite appealing to such countries mostly relying upon industrial productions and manufacturing.

Canada is a huge market for agro-based commodities where immigrants from agro-based societies can make a fortune by exporting agro-commodities and finished products to Canadian region with desired quality standards. For this, Asian immigrants should know very well about ecommerce, especially how to trade via virtual means.

Though there is a huge demand for well-skilled workers in the Canadian region, but knowing nothing or less about ecommerce restricts the possibilities to easily start up your own business in the Canadian land. Many of the immigrants from Asia have a reasonable IT background but their overall awareness about ecommerce and online trading is, almost, bare minimum.

Ecommerce is neither a pure rocket science nor it’s as easy as ABC. Online commerce is so vibrant and agile beyond one’s simple calculations or expectations and it really takes a wise man to understand the scope offered by the electronic commerce. Awareness is the key but just knowing the phenomenon can’t bring exceptional results.

One should be so smart to apply ecommerce applications in a way that brings success. But for this, it requires exceptional level of attention and concentration as success doesn’t some so easily on the web as well. We need planning and strategies to utilize these web applications that widely support ecommerce activities.

And for this purpose, we should get maximum awareness about ecommerce and its numerous tools which help in building a perfect ecommerce infrastructure on the web while offering many offline ways to make a real difference.

Asian immigrants, living at or planning for Canada, should take online commerce seriously as a separate subject due to its importance and significance for personal economy. Just like making their huge investment on conventional business areas, they also need to allocate separate resources for ecommerce as well since this specialized field should not be taken as granted any further.

There are many leading business-to-business (B2B) portals on the Internet where businesses can be started just by investing a few dollars, and the overall return out of such petty investment is higher. These effective web resources offer exceptional sales and also taken as most secure business environment for SME’s, belonging to developing countries like Pakistan, India, Bangladesh, and Sri Lanka etc. Thousands of small and medium Chinese companies have already made a phenomenal progress via online trading. This shows the real potential of B2B trading by participating in these types of online business forums.

Thousands of international buyers and suppliers of the world now conduct their businesses online as this is the speedier and cost-effective medium, and has become a matured marketplace in this modern age. Traditional forms of online businesses are not obsolete but online trading, in many aspects, also transformed offline business channels to a great level.

Internet doesn’t require you to spend millions of dollar or rupees for just setting up your business. To show your presence worldwide, you just need to take it as a very specialized and separate domain where Asian immigrants may do wonder in a considerably less time span.

If Asian immigrants are able to carve a niche in the ecommerce and online trading, their entire future would be revolutionised in Canada.

About the Writer:

 

Writing as a fulltime writer for numerous English publications, Faizan Usmani is a Karachi-based writer. He usually writes articles and columns for various leading English newspapers e.g. The News, Daily Dawn, TBL (Triple Bottom Line) Magazine, Daily Express Tribune, The Frontier Post and The Financial Daily etc. The subjects related with finance & economics and other socio-political issues are his favourite topics. He is also linked with www.Go4ideas.com, has conducted many workshops and delivered lectures on business creativity, design and innovations and creative thinking.


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