Friday, October 11, 2013

MOQ FOB is Huge Success

Which is funny, because it is nothing new.  It is clear we lost three generations of entrepreneurs to the banking, dotcom and real estate debacles of the last 40 years.  We'll spend at least the next 30 paying for those debacles, and one cost is re-educating people as to how to do business.

Read these testimonials from people who have discovered MOQ FOB, all in the three generations I mention.  And KUDOS to HKTDCC.Com for rediscovering and promoting this fundamental small business and new business discovery tactic.

Quotes:

‘’Our stores located in hotels and we only sell products that are unique and not common in our market’ said Ms Aliyeva. ‘I don’t mind to pay a bit higher on the unit cost. Instead, if the product is rare, it allows us to mark up higher for higher margin.’ 

“Small order quantity is specifically important with LED products because the technology itself is improving in great pace while the price is coming down very quickly. We don’t want to order in big lot and get stuck with old technology and high price. Buyers have to be more cautious with the economic situation nowadays so that their business won’t be exposed to high risk,” explained Mr. Zohs.

Feel free to forward this by email to three of your friends.


2 comments:

Anonymous said...

But most entrepreneurs still think that they have to get the huge orders and get their product into the big stores like Walmart to be successful.

John Wiley Spiers said...

Yes, that belief is such a challenge to overcome. We'd have so many more successful businesses if we could just get the message out that small business cannot compete on price.