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How to find buyers in the Global Financial Crisis ?
Post 1 of 21
coco71820
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29 Oct 2008 18:23
Post 2 of 21

No matter how bad the economy is people will still buy most products.

So you just need to become more competitive to attract those customers that are in the market. As money is tight customers are going to want more from your factory and if you try to do things the way that you have always done things then you may find that other factories that are more dynamic attract your customers away from you.

Dont make the mistake of blaming the economy and thinking the situation is hopeless.

If you are not busy with customer orders then use that time to find ways to provide more value to your products so that when customers do contact you you have more chance of turning their enquiry into an order.

29 Oct 2008 20:10
Post 3 of 21
In fact, the financial crisis is a huge chance for companies. Some of your competitors will fall back, while the customers are more frugal with their money and are willing to look for new suppliers who are more competitive than their former, familiar suppliers they would not have wanted to replace in a normal situation. So if you have a good idea now, you can improve your service, or have better conditions, you could gather more buyers now than normally, with only a little extra effort. You must only activize yourself.


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31 Oct 2008 04:25
Post 4 of 21
Quoting from [coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to be so difficulty for us , less and less inquiry from the buyer ?

 



Hi Friend,

I was saw many of your comments from here, anyway, I found your comments above is very helpful for me to comfort this economy crisis, you are a very good poster. thank you.

02 Nov 2008 07:18
Post 5 of 21
Quoting from [coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to be so difficulty for us , less and less inquiry from the buyer ?

 



In trouble times there is always opportunties. Most people mae money in the bad times not in the good time. The key is to determine and assess the value and quality of the product you are selling. While luxury items may be cut back, the essentials are always needed regardless of what happens in the wold market. People still need to eat, drink, smoke, use toilet paper...well you get the point:)

It also mean re-assessing your products and your offering. It's sometime is better to sell at a lower price and reducing your margin slightly, it may work out better and balanced out because you will sell more.

It is also a good time to look into your marketing strategy, as they may be outdated and no longer suitable for the current market environment.

Good Luck!

 

02 Nov 2008 17:39
Post 6 of 21
Mike W Liu
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Quoting from [coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to be so difficulty for us , less and less inquiry from the buyer ?

 

Just do it! Hope everything will be better in the future.
02 Nov 2008 17:50
Post 7 of 21
Quoting from[coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to beso difficulty for us , less and less inquiry from the buyer ?

 



do what you need do...forget the fu.... financial crisis, even if it is global, there is still consumption...so ...
02 Nov 2008 18:48
Post 8 of 21
Quoting from [coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to be so difficulty for us , less and less inquiry from the buyer ?

 




Hi Coco,

All of us are facing the same problem. I think now is a very good chance to attract new buyers, also it's very to loss your exsiting customers, as many factories or trading companies are quoting better prices, offer better services, work even harder etc..

So, ask what your customers what they want, better terms of payment, etc.. But after all, you would need to watch out the risks during your trascations. One order might take away of what you earn in a year!

Hoepfully the situation will improves soon and good luck to all of the people here.

02 Nov 2008 19:35
Post 9 of 21
Quoting from [coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to be so difficulty for us , less and less inquiry from the buyer ?

 

No matter how serious is the Financial Crisis is, people also have to buy somthing to meet their basic lifestyle need. But as people are hard up for money at this time, they will choose the best products to meet their need.So the manufacturer don't just complaining the circumstance, you must adapt method to the circumstances. How can your products to serve your customers better at this special period?
02 Nov 2008 19:54
Post 10 of 21

I agree with your opinion

02 Nov 2008 22:06
Post 11 of 21
Daisy zheng
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Quoting from [coco71820]:

How to Find Buyers in the Global Financial Crisis ?

Everything Seems to be so difficulty for us , less and less inquiry from the buyer ?

 

yes , good questions,  we get little inquiry from the buyer? 

have  a nice day!

02 Nov 2008 23:03
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