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The Strategies of Bargaining in China - Tips for Successful BusinessA popular saying goes around in China, "Everything in China is negotiable." Shopping, selling and buying seem like games that are played between buyers and sellers on the street stores, vendors or in the wholesale markets. However, as a rule of thumb, don't bargain at large department stores, corporate chains as the prices are fixed, and the sales persons don't have the right to modify them. In the market, everyone is out there to make money, and you have to learn the rules so as not to get something that would throw you into deep regret. 1. Opening with some basic Chinese sentences. Don't worry that it would throw you into a headache Chinese conversation. A few opening up sentences like Ni hao(Hello), Duo shao qian(How much) can put a smile on the face of the sales person and cultivate the relationship. 2. Bring a calculator with you if your Chinese is not effluent enough to carry out a conversation. Do not always think that you can c
An Efficient Way of Choosing a Wholesale ProductAn online wholesale business is just one of the great business opportunities in the global market since this business does not require you to invest a large amount of money for a start. Therefore if you are still undecided of what kind of business you will be into, wholesale business can serve as a best trial for you. This is not to imply that this business is pretty easy, of course it is hard managing a business, and the good thing is that it could be very exciting and rewarding to the point that you could no longer feel exhaustion in managing it once you experience the excitement being into this business at the same time as possessing your first profit. However, there are several various things that you should do first before you have a wholesale business and one of such is choosing a particular product that you will have for your business. There are several products that you can have for wholesale business such as electronic devices, clothin
Promotional Coffee Mugs - A Cost Effective Means of AdvertisingAs a business owner, it's important to understand the importance of marketing and know all the options out there that are available to you. Outsourcing your main means of advertising is a simple way to take care of business and can be extremely cost effective. The simple rules of promotional products are just this: let the ends justify the means, utilize the uniqueness available in the current market, and always trust in first impressions and statistics. Advertising can be a very tricky business, but with the right methods, the right information, and the right promotional item it doesn't have to be a painful process. Personalized coffee mugs are perhaps something everyone keeps in their home. A large portion of populations everywhere rely on coffee to get them going in the morning. As for all of the others, hot chocolate comes in a sweet second and mugs are saved for that same purpose. So, wouldn't it make sense to invest in imprinted coffee mu
Doing Business in Guangzhou China - Things You Should KnowGuangzhou 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
Custom Water Bottles for Your Team or BusinessHave you considered starting up a rewards or incentives plan for your employees? Have you been considering different ways to advertise your company and get more exposure? If you are like most company owners, you are aware that rewards or incentive plans are a great way to motivate your staff to strive to work harder at their job as well as enhancing overall the mood in the work environment. Now there is a way not only to make your employees happier but also to get your company more exposure at the same time. Rewarding your employees Finding ways to boost productivity and let your employees know that they are appreciated can be done in multiple ways. There are those company owners that have implemented incentive programs to let employees know their work makes a difference, that their loyalty matters. Other employers implement rewards to motivate their employees to achieve specific company goals. Regardless of the reasoning behind it, wh