Too much competition
Posted: Mon Jan 20, 2025 3:50 am
However, China's advantage is that the upstream and downstream of the industrial chain are relatively mature. On the contrary, Southeast Asia's overall supporting facilities are not good. Taking advantage of this advantage, our customers have come up with some solutions that make us quite depressed: purchasing auxiliary materials in China in a unified manner, and then have us express them to their Southeast Asian suppliers for production.
At that time, we saw that the customer placed a small order with us, but sent a large amount of auxiliary materials to Southeast Asia. As you can imagine, he placed a large order in Southeast Asia.
Various factories have closed down, bosses have run away, and capital chains have broken.
The adverse situation has continued to hit the industry. As far as I can remember, there has been no particularly good news for the industry since 2011.
Various factories have closed down, bosses have run away, capital bangladesh telegram number database chains have broken and other incidents have occurred one after another, causing panic among the people. I am also very worried.
However, let's look forward and keep going. In this market, I still adhere to several principles: First, a 30% deposit is required. Second, the balance must be paid before shipment.
Such a strong payment method has always kept us safe and sound, and has also helped us maintain a good relationship with suppliers (after all, we pay them in cash!)
But I also know that with the changes in the external environment, this strong payment method will be difficult to sustain and customers may dislike it one day.
The industry is so competitive that business is difficult to do. Many peers have lowered their bottom lines, offering customers credit terms and even not collecting deposits for goods.
At that time, we saw that the customer placed a small order with us, but sent a large amount of auxiliary materials to Southeast Asia. As you can imagine, he placed a large order in Southeast Asia.
Various factories have closed down, bosses have run away, and capital chains have broken.
The adverse situation has continued to hit the industry. As far as I can remember, there has been no particularly good news for the industry since 2011.
Various factories have closed down, bosses have run away, capital bangladesh telegram number database chains have broken and other incidents have occurred one after another, causing panic among the people. I am also very worried.
However, let's look forward and keep going. In this market, I still adhere to several principles: First, a 30% deposit is required. Second, the balance must be paid before shipment.
Such a strong payment method has always kept us safe and sound, and has also helped us maintain a good relationship with suppliers (after all, we pay them in cash!)
But I also know that with the changes in the external environment, this strong payment method will be difficult to sustain and customers may dislike it one day.
The industry is so competitive that business is difficult to do. Many peers have lowered their bottom lines, offering customers credit terms and even not collecting deposits for goods.