Sunday, 30 October 2011

Will China See a Collapse in Business?


 

China losing as low-cost manufacturer base shifts


I have uncovered research to sugest China is losing its edge as the world's cheapest place to assemble goods and for this reason China will support developing nations to keep the Chinese economy afloat.

Indonesia, Sri Lanka and Bangladesh are benefiting most as rising costs in China force firms to switch production.


A serious drought has put pressure on crops for food and China is heading for boom & bust with an overheated property market.
As minimum wage levels in China are now four times greater than other places in South and South East Asia.


With Sri Lanka losing Generalised System (GSP +)  due to accusations of violations of human rights it might pave the way for China to strike some kind of internal deal as production of clothing and footwear is now more widely dispersed across Asia, with Indonesia and Vietnam specialising in the production of footwear and India developing a niche in hand-stitched fabrics and metalware.





However no overnight crash is expected as China can defend its position because of its productivity of goods such as consumer electronics and furniture.







According to KPMG estimates, Indonesia's footwear exports grew by 42% in 2010 to $2.1bn (£1.3bn), while Bangladesh saw textiles exports grow by 43% to more than $18bn in the year to July 2011.
China having ultra-low costs is a thing of the past just as we saw with other developing nations like Japan.
Rising inflation



China is suffering the highest rate of inflation in three years.
While much of China's manufacturing has begun to migrate westwards from the south and east of the country to cheaper provinces such as Sichuan, the report says the cost advantages from such moves inland may be short-lived.
China has a strange one-child policy which resulted in a shortage of labour that gives workers in both the richer coastal provinces and poorer areas inland the leverage to demand higher wages.


We act as manufacturers agents for mainly Western Companies but see a large Chinese product base coming through and can help in sourcing as well as selling products.


Rather than you wandering aimlessly around China do contact youronline@:gmail.com and we'll be pleased to source across South East Asia


With a single contact we can help to cover 15,000 suppliers in 40 countries as a sourcing and development company






Sunday, 6 March 2011

Spark of initiative or too much hot air Mr Cameron?

No money left in government coffers says Dave the Rave so the "only strategy" for growth is to get behind Britain's entrepreneurs at the Conservative Spring Forum at the Welsh Conference




The Conservative Party are combining the Spring Forum and Welsh Conservative Conferences in Cardiff right now



In a speech to his party's spring conference, the PM declared war on the "enemies of enterprise" - and said he was on the side of "go-getters".
And he vowed 23 March's Budget would be the "most pro-growth this country has seen for a generation".
With interest rates at a record low, and no money to spare, the prime minister said he wanted to champion the growth and ingenuity of the British people.

He said: "The spark of initiative. The courage to make your dream happen. The hard work to see it through.
I say "There's only one strategy for growth we can have now and that is rolling up our sleeves and doing everything possible to make it easier for businesses to grow, to invest, to take people on.
If this is all true http://www.nsandi.com/ the National Savings Bank would give those who deposit money 5% tax free and lend this fund to business owners at 12%
Result investors win great rates tax free, the business owner gets a loan at a rate relevant to the risk and the government would make a superb profit..

Saturday, 30 October 2010

Get Online and Get British Business Online as UK internet economy 'worth billions'

Whilst we look at 2010 as another year of tough times, business decline, reducing property values and wonder what next!


Think about all our challenges of being cyclical, the saying 'what goes up must come down'
Today we must also think about the reverse 'what comes down will go up' and with a few changes we should
get ready now!


The wild property investor courses have almost vanished when in truth we should be on them now as house prices spiral the buy to let market works as people starting out simply cannot afford to buy a home.


Whilst all the technology shares crashed we should also note that sales have not stopped altogether and the Internet is booming once again.




The internet is worth £100bn a year to the UK economy

This research, commissioned by Google, found Internet business accounts for 7.2% of the UK's gross domestic product (GDP).
If Internet is an economic sector it is the UK's fifth largest, says the team at Netbods www.netbods.co.uk
This makes the sector larger than the construction, transport and utilities industries.
 60% of the £100bn a year figure is made up from internet consumption 
Amounts we users spend on online shopping and on the cost of their connections and devices to access the web.
The rest comes from investment in the UK's internet infrastructure, government IT spending and net exports.
The report, The Connected Kingdom: How the internet is transforming the UK, says that the internet's contribution to GDP is set to grow by about 10% annually, reaching 10% of GDP by 2015.
The UK, according to the report, is the world's leading nation for e-commerce. For every £1 spent online to import goods, £2.80 is exported.
"This is the opposite of the trend seen in the offline economy, which exports 90p for every £1 imported," the report says.


An estimated 250,000 staff are employed by Internet companies 
The UK Internet businesses play a vital role in employment and this will expand.
For us as manufacturers agents we MUST emabrace the following ---- 'small businesses that actively use the Internet report sales growth more than four times greater than that of less active companies'.
The report also attempts to compare the UK to other countries in the Organisation for Economic Co-operation and Development (OECD).
Under its scoring system, the UK ranks sixth, above Germany, the US and France. The highest ranked country is Denmark.
"The internet is permeating positively in our UK economy today, more so than in most advanced countries," and this creates demand for local British companies to take the right advice and get online.

UK online shoppers 'spend most in Europe'


"Several industries - including media, travel, insurance and fashion - are being transformed by it."
Matt Brittin, managing director of Google UK, said: "The internet is a central pillar of the UK's economy.
"The sector has come of age, and with great prospects for further growth the UK internet economy will be vital to the UK's future prosperity," he added.


UK shoppers spent more online than anywhere else in Europe last year, accounting for almost a third of all European sales, research suggests.
UK consumers spent £38bn online in 2009, or an average of £1,102 per shopper, according to the Centre for Retail Research (CRR).
Online sales now account for almost 10% of total retail sales in the UK, the centre calculates.
It added that internet shopping would continue to grow sharply this year.
Bill Gates is still on top of the US Rich List and we are about to see new era of Internet millionaires and you could be on the list.
Keep think what can you bring to the Internet better service, higher quality, cheaper price, super delivery and by building a better British Internet business you will succeed.
For advice find an Internet business consultant who has moved with known brands online and get help or visit www.netbods.co.uk and keep in touch at http://manufacturersagent.blogspot.com/

Saturday, 2 October 2010

The Secret To Network Marketing is Here

Whilst many fake guru's get rich selling the secret to building a sales agency I feel the need to comment.


Those who can do and those who cannot teach others.


The video simply demonstrates all you need to do to build a highly successful MLM network or manufacturers agency business






Most trainers are are all theory merchants. They're old dinosaurs who were successful in multi-level marketing twenty years ago. How do I know? I was with them. The difference is they truly  didn't want to build an organisation so they decided to reap the rewards of their archaic knowledge and sell it to the MLM industry. Most of these people preach about mindset and beliefs. They leave out the most important part of the equation. WORK!

That video called THE SECRET is real example of BS! Yes you should visualise, if you think you can put your feet up and visualise your way to a six figure income then you are deluded and the word WORK never appears in the film/movie known THE SECRET and that is a flaw.

Make a list and phone ALL the people and ask them 'do you have the time to make more money?'
You simply must be prospecting. These veritable old dinosaurs never even talk about this! They might say pick up the phone and call, and you think... call who? And say what!
Prospecting is a daily occurrence. You must pick up the phone and call all the people you know, send them emails, connect to them over social networks and prepare that the odd one might even want to see you

 Marketing. Time to learn marketing! You are a manufactures agent and this means someone makes the product and then they appoint you to sell it and even build a team of sub-agents to help if you are lucky. It gets called all kind of names from pyramid, to person to person or even network MARKETER! The prospecting tip represents the networking part of your business, and the marketing will represent how you find the people to prospect and then we are all agents for our chosen manufactures. Now there are so many ways to market a network marketing business that it is hard to describe it all in just one little blog. There is cold calling, lifestyling, or the new methods that have arisen through the internet where you can generate your own leads. Generally we know enough people without spending money!That's right, no more buying leads.

By making a sales funnel with our prospecting and marketing we develop a pipeline that process our prospects and once we interact they begin to travel down our funnel into the pipleine. This pipeline at the end will be where they either become your happy customer, or your happy new distributor. It is important to know how to convert people in your opportunity, which I am sure you will soon pick up. I like three simple questions:
1) Do you like it?
2) Is the price/cost OK?
3) Shall we get the paperwork out of the way?

By making a list of everybody and asking 'do you have the time to make more money we have the right pipeline set-up

Our business can survive on a warm market alone perpetually and we should work with those who make a list of 100 people and then you call their list WITH them.
5 people means 500 names and that will bring you 25 new distributors creating 2500 names and that will find your team 125 new distributors. When they make a list of 12500 names you will get 625 people to join and they................... You start calling the names of those who join you and teach your team to copy you. All they ask is 'do you have the time to make more money?'

The other person always says what is it or how does it work and we say I will come and show you with (whoever gave the name) our mutual contact and some of these people will take the next step
 SIMPLES!
How do I know? Great question. I will have banked about $750,00- $1million since I last attended a business opportunity meeting and always like to keep it simple and know the phone is worth a fortune

Sunday, 29 August 2010

Join our success as an Internet Business Consultant

NETBODS will have 1000 Internet Business Consultants

Click the Netbods logo for more details

Whether you want to take a step towards a new career, increase your scope and experience or whether you want to understand the buzz words and know how to turn them into marketing strategies, the bottom line is you need to be informed about digital marketing and its tools.
Gaining an understanding of what digital marketing is and how to handle successful digital media campaigns will bring recognition and rewards to you and your company.

For those looking for a new career we are searching


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The candidate will undertake relationship management and contract negotiations for marketing online and website design, ensuring that the most cost-effective marketing services to meet business requirements globally are obtained.. The individual will need to maintain a good relationship with a wide group of external vendors, the business liaison team, procurement and internal stakeholders across designated business areas globally.

Additionally the incumbent will be trained to ensure that global market Internet best practices are maintained, addressing local anomalies where necessary and improving processes where appropriate.
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    Friday, 27 August 2010

    When you believe in your business the results will fly into your bank account

    "What do you lead with, the business opportunity or the product?"


    We are after all manufacturers agents and his should not be such a difficult question although it is a question I'm often asked. There are a number of different schools of thought about this. However, to my mind most of them miss the point. In fact, if you're following the typical well-meaning, but flawed, advice it's probably damaging your business.


    Do people also join someone else when you already showed your opportunity or even join and then quit?


    So often we blame, the people who do this, the company for which we represent and the products or services we offer.


    Sorry to say the only person to blame is you and if you take a good look in the mirror you are staring at the person most likely holding you back as a manufacturers agent.


    Whether you lead with the products or the opportunity it really is of minor comparison as to what you really think and what you really believe.


    If you show your business concept and you find the same person becomes an agent for the same company it is you to blame.


    I throw my hands up to some major blunders here by moaning to the (apologetic as I am today) senior management about how one person signed under another and frankly I was wrong.


    The person who did a 1-2-1 one meeting and the prospect joins another is simply saying you don't convince about your belief.


    When someone does join you and then they quit means they are probably feeding on your belief that this business will never work.


    Before selling others about the benefits of being a manufactures agent you must
    buy into the concept yourself!


    What really happens is that we have not joined a family, the path we chose was
    selling products and if our manufacturer permits we can also build our own sub-agents (in return for an override bonus).


    To fully understand what you are involved in take a look at the following website
    http://www.themaa.co.uk/


    The Manufacturers' Agents' Association was founded in 1909 and was incorporated in 1922 and the membership consists entirely of Commission Agents selling in all fields of business.


    This means our field of business has been recognised for over 100 years.


    What else might we look at when studying our kind of business?
    We may not be able to describe ourselves (thankfully) as the oldest profession in the world although we are involved in the oldest, most effective, least expensive form of marketing and promotion available.


    Word of mouth advertising is generally accepted as the greatest concept that when people familiar with a product, service, event, idea, talk with relatives, friends, or colleagues about their experience, this information is very often used and accepted.


    So we could reflect upon the MAA who has had members like you and I for over 100 years. This must mean that it is recognised as a good business model.
    Also we can logically look at word of mouth business or even compare this with traditional media and advertising and consider which the buying public trust the most.


    I suggest that 100 years of manufacturers agents and word of mouth beats what we see in the papers.


    This must mean you and I could take our business very seriously.
    Just going back to how the MAA see our business model



    What is it that all MAA Members have in common?
    They all sell on a commission basis. And that’s about it! Some are one-man businesses, some employ many people. Some are Sole Traders, some are Partnerships and some are Limited Companies. They sell to retailers, businesses, hospitals, wholesalers, TV Shopping Channels, and to international distributors. In fact - almost anywhere there’s something to be sold there’s an Agent! Some work only in a few counties, some straddle the globe. Some make a lot of money, some only a little; most make a comfortable living once established.

    So 100 years later and most make a comfortable living once established. I agree and with the help of sub-agents for some it will be an even better living.

    The keys to success are having a product range that people will remark on or as I like to say about a word of mouth business it should literally be remark-able.

    To ensure we make the most of our remarkable products and business is something I will cover in a later posting.

    Last night I went out from our home in Sri Lanka, situated about 10 mins from the lagoon, 20 mins from the airport and a flexible time into Colombo (30mins to an hour) depending on the traffic.

    Together with my wife Swarni, our travels took us into the centre of Colombo, to the home of Uncle Brad as Swarni calls him and what a great chap to talk with.

    I brought a selection of Aloe Vera products as my good fortune is being a manufacturers agent or as the company call us an independent distributor for the largest producer and distributor of Aloe Vera on the planet.

    Wandering around with this combination pack always gets some response and this visit was no different.

    We talked through the whole range, which he pretty much took from us and then he was intrigued to know the business model.

    If ever you get doubt about what you have I can only ask that you read the following and please try and remember it.

    This wise gentleman asked if I would like to contact the Island main health product distributor and I said no thanks as this goes against our company philosophy.

    On the other hand I said if you do come accross an ethical business individual who was
    a well educated person looking for an opportunity they should write to the head office in Phoenix and ask to set the business up in Sri Lanka now the internal conflicts (LTTE) are more at peace.

    Swarni and I were both enthused by his delight at the products and then we simply got blown away for his enthusiasm for the business opportunity.

    He found it hard to believe that a major distributor was not what the company wanted, in fact the company wants any person from any walk of life to run this business and all they do is the same as me and make remarks about remarkable products.

    Uncle Brad was intrigued, who are the people, is it one man he asked, I explained that it was indeed one man and Rex our founder had unusual principles and they worked.

    Is it expensive to get started? No I replied a couple of hundred pounds is the limit in the UK and you could land yourself in hot-water if you sell any-more than that to a new distributor.

    What kind of background should a person have and I said that our founder was more interested in where they wanted to be over what they do today or in the past.... Even the local three wheeler (tuc-tuc) rickshaw driver can join.

    In a country that still operates in a style reminiscent of 100 years ago, so you would never go for a pint with your servant (yes they have servants and are still called servants) let alone sit down for dinner at the same table as your driver Uncle Brad was amazed.

    He was so enthusiastic, was our founder old or young, which countries does it operate and so on. The concept of a micro business that anyone can operate and with little outlay amazed and delighted. This got me thinking are we overlooking a wonderful opportunity on our doorstep.

    We then went for dinner at Galle Face which is so close to the sea you can taste the salt on your lips as the wave crash on the rocks as we sat on the verandah.

    The strange thing was that people kept nudging each other and whispering. From the moment we got out of the car, whilst getting to the table and during dinner with one chap (unknown) coming over to say hello.

    After working our way around the menu (well I do have my figure to think of), settling into a refreshment, conversation returned back to the Aloe Vera business and how I got started (17 years ago)....

    I explained that my manufacturers agency got started after a pretty average job, escaping the family chicken farm, a friend/business consultant got me involved in perfume and diets (how did I ever become a diet salesman), that business over expanded.... going into recievership, leaving me with a great experience and nobody to represent. Several months later an American called Dusty was appointed as the UK managing director of our Aloe business. Dusty also followed in his fathers footsteps and knew this business will work.

    My intelligence level was not so sharp as to see what Uncle Brad saw, I liked the fact the company was a success, although my thoughts about Aloe were overruled by my appetite for beer (getting married seems to have dampened or should I say quenched that thirst) as the taste was better that Aloe Vear and my late parents press-ganged me into the Aloe business.

    IS IT PROFITABLE
    Well I suppose that this question had to come in the end and I squirmed in embarrassment.
    Much more comfortable explanation about getting started in May 93 my first bouns cheque was under $10 and the first years commission under $8,000

    Uncle Brad had obviously travelled, he joked that recruiting other agents must be hard in the UK as they could get bigger handouts from Social Services than my years works and I thought how right he was.

    Explaining I nearly quit with a cheque for $200 after months in the business and how the MD from the USA (Dusty) kept me in the business.

    Just going back to the very start of this posting I trusted Dusty's belief and simply my transference of his belief went onto to change the lives of countless others

    The harder part is going over the total commission's and bonuses as they could sound like bragging.

    Even by the time we (bringing Swarni in to talk through the larger amounts) got to my best year at almost $400,000 he understood that this was not to impress and more to impress upon others how good the business was.

    The concept of turning over about $500 personally and finding others who do the same and finding others to duplicate this was one he liked and picked up faster than I have seen in 17 years.

    Ending up with my explanation of the income being just over 50% of the peak, the fact we spend several months a year on this wonderful Indian Ocean Island and I have not been to a business meeting about this for years was astounding.

    Even more amazing was the fact you can Will this and my late Mother had done this 10 years ago (worth about $400,000 so far) to my Sister.

    When you talk about this in a country that lacks opportunity unless you are from the right college or a good family it is amazing.

    People still kept looking over and Swarni mentioned this.
    I asked about his background and travels to find that the bright ones do tend to pick things up quicker than idiots. He explained that he had spent quite some of his time in Michigan and later at Harvard.

    When asked about his visits to the UK he explained that he went to the same house twice and met the tenants.

    The house in questions was 10 Downing Street, firstly to take tea with Margaret Thatcher and the next visit was a meeting with Tony Blair.

    Uncle Brad was really called Bradman Weerakoon http://www.bradmanweerakoon.com
    He worked with a unique distinction of serving nine Sri Lankan heads of state as Secretary and Advisor in a career spanning half a century.

    In my mind this means he has probably been running the country but would be far to polite to say so.

    When you believe in your business and transfer this belief onwards the constant work will pay dividends and do not give in.

    Imagine if you lived in a country crying out for our kind of opportunity and it simply did not exist? Nightmares!

    I cannot wait for another chat with Mr Bradman Weerakoon or as Swarni says Uncle Brad and hope to have tea soon.

    See you at the top

    Richard
















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