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The Magic of Diasporas[Immigrants]

The Magic Of Diasporas The following views are based on this Harvard Article: https://hbr.org/2013/10/diaspora-marketing Immigrant networks are a rare bright spark in the world economy. Rich countries should welcome them. Diasporas are groups living away from their birth countries such as first-generation immigrants. The idea is to market your brand to a group that is familiar with and has an affinity for offerings that come from their home country. When that group provides a sales base, it gradually expands to people connected to the diaspora and finally to a broader market. This strategy avoids the often unfeasible attempt to build a brand on foreign shores from zero. This is not a good time to be foreign considering the growing economic importance of diasporas, and the contribution they can make to a country's economic growth. – The Economist Old networks, new communications Diaspora networks have always been a potent economic force, but the cheapness and...

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