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Knowledge Base Articles
How to Buy WholesaleThere are opportunities to buy almost anything at wholesale prices, whether you want to buy everyday items or specific products for resale. Once you begin your search, you will see that opportunities to find wholesale buys exist almost everywhere. The process to get started is easy and your contact list of wholesalers will grow quickly. Steps 1 Get your necessary tax documents and licenses in order. In most states, you'll need to obtain a tax ID and/or license because the wholesale products you are buying are often not yet taxed. Before you begin looking for the best wholesale deal, try to get the following so you can quit worrying about legal and get serious about making money: Obtain a federal employee ID number from the IRS. The application form is available online at the irs.gov website. You are eligible to get this permit as a sole proprietor of a business. Get a federal and state tax ID numbe
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
How Much to Spend on Promotional GiftsPromotional gifts come in all shapes and sizes. They also come with all sorts of price tags attached. Although you don't want to break the budget with the money you spend on promotional gifts, it is also extremely important to keep in mind that your promotional gifts are important and that you do have to fork over some cash for them. How do you determine how much to spend on promotional gifts? Here are a few things to keep in mind when you're setting that budget: How large is your company? The larger your company, the more you'll have to spend on promotional gifts, especially if the goal of the promotional gifts is to help your company grow. Of course, your budget overall will be much larger with a larger company than with a mom-and-pop shop. In general, think in terms of percentage of the overall budget instead of in terms of dollar amounts. Who will receive the promotional products? Promotion gifts that you give away at a state fair will be much le
The Most Reliable China Dropshipping Companies I've Tried and Tested MyselfThese days, most of the items are sold over eBay. Most of these wholesalers and selling items are from China. The common question which arises is how to find reliable and trustworthy China dropshipping companies. This article would provide you some information on how to search China dropshipping companies. The very first question which comes in mind for most of the people is why would they use drop shipping company versus buying products at wholesale? Answer to this question is quite easy and straightforward - I would relate one of my personal experiences. When I first started using eBay for sale of products, I found couple of items on eBay from all around the house items to sell. I found there were couple of things which I didn't want however there was some kind return profit termed with these things to sell. Finally I ranout of products to sell and then I started searching for wholesale supplier of items where I could sell on eBay. I
How To Use Packaging To Promote Your BusinessWhat's the use of having a great product, price, advertising campaign, and other elements of a marketing mix that work wonders for a marketer but that lacks good packaging and aesthetic appeal? Packaging is as important an element of the promotional mix as pricing, features, etc. Packaging in itself consists of various factors that can help a marketer sell the product. In fact, many marketers understand the importance of packaging as it directly influences interest in the mind of a buyer and induces him or her to try out the product outside his or her normal buying pattern. The packaging of a product can work wonders for the business by promoting the product through word of mouth, visual display of product, shelf promotion, etc. Proper planning of packaging gives the product an aesthetic appeal, use of colors makes it attractive and shape may give it a curiosity factor. Safety and security of the product are concerns as well.