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Starting a Business in Shenzhen, China - 5 Reasons to Do SoShenzhen, China is the centre of the country's economic miracle. In just over 30 years Shenzhen has been transformed from a tiny little fishing village to the most prosperous "Special Economic Zone" in China. Because of this many companies look to open their first Chinese office in the city and there are certainly many good reasons to do so. So here are five of the best to get you started. Proximity to Hong Kong Hong Kong is only a few miles away and there are multiple easy to access crossing points dotted around the city. The busiest border point is Lohou where tens of thousands of people sally back and forth every day. For expats this means it's both convenient and cheap to get into Hong Kong with a round trip journey on the island's MTR system costing around 100 HKD (around $13 USD), and station hopping between points after crossing the border is good value too (usually no more than 10 HKD). For businesses that mea
How to Find Trusted and Reliable Wholesalers for Online Auction Sale ItemsFinding a decent and trustworthy wholesale or bargain supplies for online sale items can be done safely following these steps. Steps 1 Start off with a list of 5-10 different ideas. Check completed listings searches on eBay or similar online auction sites to see what the item generally sells for and the sell-through rate for each one. Thorough market research is the foundation for success. 2 Calculate the real cost of your item to accurately discover the true profit potential on an item. Add the shipping cost and insurance, eBay fees (or equivalent for other advertising), Paypal and/or credit card fees (these can be a real profit killer), packaging costs and labor involved packaging, and any storage costs to the cost of your item. 3 Verify all suppliers found on the Internet. If you are searching for suppliers off your own bat (rather than usin
How to Buy Wholesale from ChinaWhatever type of business you are in, there will always be competitors. As a business owner, you’ll definitely be happier when your business is on top of others. But you’re also worried when others are getting their way up to your position. Competitors employ different strategies in business. When you notice a competitor selling the same items at prices less expensive than yours, your competitor will definitely be on top of every customer’s list. This has been made possible because your competitor has obtained a good wholesale price. Through this, both of the competitor’s sales and profits will increase. If you’re a new seller, making massive orders may not seem like an advantage at your end. Large investments are needed which might make you hesitant. However, if you can do it, then give it a try. Doing so will really increase your sales since taking on massive orders is actually cheaper. This should be your goal. When you say massive orders, you will usu
Wholesale Electronic Products - Reasons to Buy From ChinaChina is now being considered as one of the biggest giants in producing electronics items in reasonable price range. Therefore, those in trading business of imported electronic items may find it convenient to have electronics goods buy from China. Even international locations like USA and some European traders are importing electronics items from China at regular basis. Consistent supply, good quality, and reasonable price are three pillars of electronics export market of China. If a business unit wants to buy from China at wholesale rate, it has to follow some easy methods of import. Because of the flexible import policies, business with China is easy and hardly needs any special effort to run the business under smooth spell. The electronics goods from China are of good quality and highly affordable thus proves cost-efficient for trading. The market trend of China has reached at its full pace due its wide array of goods, especially of electron
Benefits of Promotional UmbrellasAdvertising with promotional products like pens, caps, mugs, umbrellas, and many more may not be a ground breaking concept for you. For your company, this strategy can prove be a giant leap. You are bombarded with choices and products when you are searching for promotional items. Among all promotional items, if you are catering to a niche and valuable audience, promotional umbrellas can be a better choice compared to other promotional items such as pens, mugs, caps, keyrings, and many more. Promotional umbrellas are regularly used each time there's rain or on a bright, sunny day. These promotional umbrellas make a powerful impact on dozens of potential customers each time they're used. Many companies look at promotional umbrellas as a generous and thoughtful corporate gift. Promotional printed umbrellas are definitely a "step up" from the usual promotional items, and are well appreciated by loyal clients, especially, when they are caught in an unexpected thunderstorm. Wh