Yiwu Market: Why is Yiwu Market Cheap?

In this article we are going to share the important reason why Chinese market is cheap.


Why should you buy in a Chinese Market?


1. Chinese market has a huge, cheap supplier base


Yiwu with its neighborhoods forms the leading private/family owned factory base in China. After 20 years of running their machines day and night, they already fished off numerous factories in Europe and America.


Now they are the most competent manufactures in the world and they’re not only the largest, but also the cheapest.


2. Scale Effect

As so numerous factories gathering, including many big ones, the scale effect shows its power. Logistics cost, marketing cost lessen. Parts, accessories, materials, even production lines prices all reduced considerably. The more factories rise, the lower prices there will be. 

 

3. Vast Battleground


Yiwu market became the world largest wholesale Chinese market for daily using items. As it rises, more and more factories, not only factories from nearby areas, but also other Chinese markets, are putting their products on this market, to fight for a bigger share.

4. Sturdy Government Support


While all China perceived free market as an evil character of capitalism, Yiwu already opened its free market in 1982, which is one of the earliest free markets in whole China.


In the last 30 years, Yiwu government put almost all their money and energy to build Chinese markets. Then rent shops to venders at very cheap rentals. Private companies are not permitted to get into Chinese market building business. All Chinese markets in Yiwu are built by government and run by a government selected company.


In this way, Yiwu draws more and more vendors from all over China by its cheap shop rentals. As a result, factories from cities like Wenzhou, Ningbo, Shantou, even Guangzhou, where tons and tons of products were manufactured each day for exporting, came to Yiwu market in groups to sell their products.


With these strong backup from government, Yiwu market kept prices at tremendously low level for three decades in the past. And there shows no indications that this situation will change soon. 

 

5. “One-Cent-Profit” Making Money


Businessmen of Yiwu and its nearby areas are famous for hard-working and alertness. They’re intense on every “one-cent-profit” businesses opportunity.


For example, the income of one sewing needle is just about 1/10 cent RMB, the income of one straw is just 1 cent RBM. But if you can sell containers of them in one month, you can still get a decent profit.


As long as there is a profit, whether if its big or small, these so called “ants’ businessmen” would desperately go for it.

Do you want to know more about Chinese market? Chat with us now!

About the Author:

6 Comments

  1. WalterVak December 13, 2018 at 10:12 pm - Reply

    anastasiadate login – anastasiadate search, anastasia date.com

  2. EdwardBup December 14, 2018 at 6:57 am - Reply

    мониторинг обменников – мониторинг обменников, выгодный обмен биткоин

  3. Stevequies December 14, 2018 at 7:33 am - Reply

    Hello. Allow me introduce the writer. Her title is Janell but she doesn’t like when persons use her total identify. Louisiana is the only area I’ve been residing in and my moms and dads reside close by. One of my favored hobbies is dominoes but I haven’t produced a dime with it. Invoicing is how he supports his relatives and he’s undertaking pretty fantastic financially. See what’s new on her web page here: cheap woman shoes

  4. HowardSmowl December 14, 2018 at 7:53 am - Reply

    best android cpm advertising network – best mobile ad platform, android advertising network

  5. Stevequies December 15, 2018 at 12:45 pm - Reply

    Hello. Allow me introduce the author. Her identify is Janell but she doesn’t like when men and women use her total title. Louisiana is the only place I’ve been residing in and my mother and father reside close by. One of my preferred hobbies is dominoes but I haven’t produced a dime with it. Invoicing is how he supports his family members and he’s doing very great financially. See what’s new on her website right here: heels discount

  6. buffvuviava December 16, 2018 at 3:38 am - Reply

    Доброго времени суток!

    Забудьте о нехватке денег – гарантированный заработок!
    Цените ли вы личное время? К сожалению, подавляющее большинство тратят его впустую, и вкалывают за копейки. Хотя могли бы за какие-то час в сутки, получить заработок свыше 100 тысяч рублей каждый месяц. Время золото и получать это золото вы сможете вместе с нами. Мои действия абсолютно прозрачны, я всегда открыт к диалогу. В любой социальной сети. Дело в том, что я разработал гарантированный метод заработать и мне незачем прятаться и стесняться. Ближе к делу!
    Отзывы курсов заработка.>>> Пошаговый план действий тут <<<.

Leave A Comment