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What You Should Know When Looking For Wholesale Tool Distributors From ChinaImporting from wholesale tool distributors in China promises cheap buys and higher profit margin but is not without pitfalls. There are a few things sellers need to be aware when working with suppliers from China in order to establish lasting business relationship and trust. Payment The first thing sellers need to know is that most Chinese wholesale tool distributors only accept Western union and wired transfer as mode of payment. It is unsecured and hardly traceable. In the event of a dispute, most of the time, buyer will end up at the losing end. So why do these suppliers use Western union and wired transfer? This is because for majority of retailers in China, these are the only mode of payment they can use as it is not easy and straight forward to obtain credit cards in the country. Hence, majority of suppliers only accept these modes of payment. What can retailers from other countries do? Well, you can minimize th
Hottest Promotional MerchandiseCoffee mugs are very hot promotional merchandise. Eco-conscious businesses are replacing the use of environmentally unfriendly Styrofoam cups with ceramic, glass, and metal coffee mugs for use at work. Promotional coffee mugs also make for excellent employee bonus gifts that can be used at work or at home. Travel mugs are another hot promotional merchandise item, for on the go transport of hot coffee that will not spill and cause a serious burn or ruin suitclothes. Travel mugs keep coffee hot from home to the office, to the conference room, or to a meeting across town. You can give travel mugs with your business boldly printed on the side to employees, business contacts, and friends. Remember to reserve one for yourself as these are really handy coffee transporters as you go about your busy day. Pens, plastic, wood, and metal in ballpoint and felt tip styles are among the hottest promotional merchandise available today. We all use pens every day, at work, at home, on the
Made-in-China Medicine Testing the World MarketMany pharmaceutical companies in China are hoping to pass major international certifications, such as certifications from the WHO, EU and Australia. "It is likely that 20 pharmaceutical companies can obtain international certifications this year," said Mr Yu Mingde, a vice-director of China Pharmaceutical Enterprises Management Association. Temptation from the outside 2007 was another record year for China's western medicine export value, up 56% to US$784 million. However, most medicines that went to big markets such as Japan, Korea and Australia were products from foreign companies in China, mainly in the form of export processing trades. Products made by domestic Chinese companies were exported to low end markets such as Nigeria and Pakistan. As Chinese pharmaceutical companies are still weak at proprietary R&D, most of their products are generic copycat drugs. Yu revealed that "the big three markets of EU, US and Japan
Wholesale Drop Ship - Benefits of Drop ShippingThere 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
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