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Knowledge Base Articles

  • Wholesale Business - What Are All the Significant Functions of Wholesalers?

    Wholesalers are the middlemen between the manufacturers and retailers. They mediate between other wholesalers and retailers as well. They buy products from producers and sell them to retailers. In most of the cases they avoid dealing directly with end users. Their functions include negotiating prices with manufacturers, promoting the business, handling the products, processing inventory and data, pricing, budgeting and financing and assisting the clients in marketing. Though the wholesalers can be eliminated, their functions must be taken care of by some other body like producer or the customer or another mediator. Very few manufacturers will have time to concentrate on such marketing activities and they cannot sell piece by piece according to the end user's requirement. Eventually the consumers will not require products in bulk as well. There must be someone to purchase in bulk from the manufacturers and sell them piece by piece to the end use   
  • Doing Business in Guangzhou China - Things You Should Know

    Guangzhou is China's third largest city; it sits in Guangdong province and is only a two hour train journey from Hong Kong. It's also less than an hour away from Shenzhen and thus offers convenient access to most of the manufacturing heart of the mainland. It is officially a "mega city" with a population in excess of 10 million people, making it more populous than quite a few countries and it can take a while to get used to the size and sprawl of the city. Guangzhou is extremely popular for foreign companies looking to get a hold in South China, it's location is extremely useful as a transport hub and it can be more cost effective than opening a base in nearby Shenzhen which is closer to Hong Kong and thus is more expensive for property as it serves as an overflow to the island's Special Economic Zone status. Setting Up a Business As with all cities in China there are only three vehicles for a foreign company looking to open a   
  • Wholesale Drop Ship - Benefits of Drop Shipping

    There are pros and cons for every business. Drop shipping also has a negative side to it. But it has more positive factors than negative ones. Here are some of the reasons why you should start drop shipping: o Minimal Cash Investments You do not loads of cash to start your own drop shipping. Of course, you will spend some but only very minimal investments. You have to pay domains, promotional methods, and other selling software. o No Need for Inventory In drop shipping you do need to buy in bulk. So, there is no need for storage area or inventories. You will have more time to concentrate on how to promote your product and increase your sales. o You can Sell Anything It is true, that in drop shipping you can sell various products in your website. You will be able to sell any product that is currently in demand right now. It could be the latest perfume, the hottest selling book, the newest video   
  • Metal Water Bottles - The Perfect Water Bottle!

    When someone usually thinks of a water bottle the first thing that pops to mind is one of those cheap plastic bottles that used to flood the market a few years back. Do you remember what drinks used to taste like when you drank from a plastic container? Are you aware of the health risks associated with those old plastic bottles? In this day and age a new range of containers are taking the globe by storm, and unlike plastic variations they eliminate the funny taste that comes part and parcel with plastic types, have no health risks and are environmentally friendly too. What type of bottles am I talking about? Metal bottles of course! You see, whether you need a bottle for camping trips, for your bike or any other general use, metal water bottles are built to last and with prices being rather affordable there is no excuse not to have one. In fact, even doting parent are using them to store their babies milk or kids favourite drink, the p   
  • Learn the Secrets of How to Start a Successful Wholesale Business

    Learn the secrets of one of the oldest and most profitable business in the world, Wholesale Business. It has been in place since the start of civilization. It is responsible for creating wealth and a new class, the rich class. This class created wealth and did not inherited it from kings or queens. How did they do it? Using trade, finding products, and wholesaling them. Now most business trade in some way or another, they trade products, services, something. Now it is easier then ever before to trade products, we have many more sales and distribution channels than ever before, we have many new tools to our disposal and information is easy to get and to transfer. These days you can use the internet, drop shipping, telephone, email, bank wire transfers and many other resources to expedite business transactions and make it much more interesting for wholesale businesses. There are many types of businesses you can start, run,