Yiwu commodity and Yiwu price

Yiwu commodity and Yiwu price

AmandaIEC reports:Not every goods in the world can purchase in Yiwu and not every commodity in Yiwu is the cheapest .
Yiwu does the business with 215 countries in the world. United Nations Statistics shows that all kinds of goods in the world is 500,000, here you can buy more than 300,000. Customs daily exports of standard containers breakthrough in 1000. Here is never ending "Canton Fair", each Yiwu people is a commercial textbook. On the Yiwu streets you can see the top quality car eyeful, Buick, Honda are the very least, Mercedes-Benz, BMW are normal and it is hardly to see Santana.
In Yiwu buy goods cheaper may scared you to death.
The past six months, the author help one of his relatives who do business in Australia buying goods. He went to Yiwu Commodity Market seven times in Zhejiang. The white cotton socks sell 10 yuan 3 pairs in Seven pave Road in Shanghai but only 0.7 yuan (0.1 USD) in Yiwu. 100 cotton signed with the double-headed sell 1.2 yuan in Shanghai Carrefour Market but only 0.19 yuan (0.03 USD) in Yiwu. Toothbrush, the latest health-care type, narrow head, hair brush with wave-shaped and 100 with a beautiful plastic bag only sell 15, each one 0.15 yuan (0.022 USD). There is a big advertise in the street that Baidy, the same shape of Bundy 100 pieces a box only 2.7 yuan, each piece 0.027 yuan (0.004 USD). A doll which in Shanghai sell more than 100 yuan but only 20 yuan (2.9 USD) in Yiwu. The toy gun which is more than 10 yuan in other places but only 3 yuan (0.44 USD) in Yiwu. As for all the beautiful jewelry and craftswhich which girls like, 50 yuan can buy a lot of.
Selling 100 toothpicks only earn one cent. Mr. Wang wholesale toothpicks 10 tons perday. Every day he sell about 100 million toothpicks and revenue 10,000 yuan steady. There is a stall to sell hand sewing needle both has thick, thin,long and short. One cent can buy two. This small trader also can earn 800,000 yuan per year.
Why the tiny toothpicks can earn so many profit? This is where astute businessmen in Yiwu–use an incredibly low-priced to seize the market. Commodity turnover is quickly and the sale become larger to make Yiwu become a Commodity national distribution centre. The more of this center, Yiwu will gradually become the country's distribution center and even the world's largest commodity wholesale market.

Friday, July 18th, 2008

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