Silicon valley can very well be considered the mecca of startups, and most companies aspire to migrate their businesses or establish a branch there. This decision, however, will bring them straight into a world of high competition for capital, talent and above all, quality sales leads.
Business to business companies should try to consider other locations that would offer them highly profitable business opportunities. One such strategic location is the Republic of Singapore.
B2b companies will have great opportunities awaiting them in the tiger country. The country has recently been distinguished as the leading Asian country in terms of economic competitiveness according to a study commissioned by Citigroup.
Setting up your business in Singapore is relatively easy, what with government funded subsidy grants and quick business registration processes. Business sales leads generation can be easily accomplished by hiring a lead generation service provider from BPO hubs Philippines or India.
Singapore’s proximity to other developing asian countries makes it a valuable and strategic business location, particularly the mobile industry which is gaining a strong foothold in Singapore and neighboring countries Philippines, Thailand and Vietnam.
While most startups prefer to establish their business in the silicon valley, for Bubble Motion CEO Tom Clayton, Singapore was the ideal choice for his thriving startup. The country’s business industry is world-class. However, the most appealing aspect about Singapore was its proximity to Bubble Motion’s market - Indonesia, India and China. Bubble Motion is a Twitter-like mobile app that allows voice messages to be sent out to one’s followers. His decision has given his startup the chance to connect with the largest mobile service providers available in Asia, including: Airtel, Reliance, Vodafone, KDDI and Telkomsel and required only five months of marketing to get the Indian market to embrace his product.