Buckle up, business enthusiasts and entrepreneurial aspirants! Ever wondered about the truth behind that “Made in China” tag? Paul Midler’s revealing book “Poorly Made in China” cracks the Chinese manufacturing industry’s black box open. But don’t fret – we’ve polished these insights into diamond business tips for you.
Understand the Playground: Navigating Business Culture
Cultural norms heavily influence business practices. In China, a “quality fade” strategy is often used, where product quality reduces over time to increase profits. We’re not suggesting you adopt this, but understanding cultural differences in business can save you from a game of loss in translation.
By the way, do you know what an Australian entrepreneur calls a stressful day? “A Kangaroo loose in the top paddock!”
Communication is Key: Keep Your Friends Close and Manufacturers Closer
Miscommunication can lead to costly errors in manufacturing. Maintaining a clear line of communication with your manufacturers is paramount to prevent your product from being the subsequent case of ‘lost in translation’. Transparency is key to quality control!
Flexibility: The Art of Business Kung-Fu
Changes are as constant in business as new versions of iPhones. The Chinese market’s unpredictability requires the flexibility of a kung-fu master! The same applies to all entrepreneurial ventures. Embrace change, and let your business agility be your competitive edge.
Speaking of iPhones, what do you call someone with too many Apple devices? An Apple-core-dict!
Beware of the Price Trap: Quality Over Cost
A lower price tag can be tempting, but remember, you get what you pay for! Don’t sacrifice your product’s quality for a few extra dollars of profit. Customers will always appreciate a product that lasts longer than their last diet.
Trust but Verify: The Golden Rule
Trust is vital in business, but blind faith can be catastrophic. Adopt the mantra ‘Trust, but verify’. Make sure your manufacturers are delivering what they’ve promised, just like how we double-check our coffee orders. After all, no one wants a decaf flat white when they order an espresso, right?
What’s next!
Ready to circumnavigate the world of eCommerce and emerge victorious? Contact us at Mzaash. We offer customized business strategies to propel your eCommerce business to heights. Let’s conquer the eCommerce space together!
About Author:
Zahid Anwer is Chief Merchant Success Officer at MZaash. With his extensive experience and expertise in ecommerce, Zahid joined MZaash in 2019 to lead the team towards merchant success. Known for his strategic insights and innovative approach, Zahid is passionate about helping ecommerce sellers thrive on platforms like Amazon.
For any one-on-one discussion, you may reach to him at: Zahid@MZaash.com
