Once upon a time Wholesale MLB Jerseys China , “low labor costs, low rental costs and low raw material costs” are ultimate tools of “Made in China”, and for a time, these three tools were widely popular all over the world. But there were hinder troubles under prosperity. After all, such “three lows” did not have technical contents, so they were easy to imitate and surpass. This sort of hinder danger Wholesale MLB Jerseys , at present, has turned out to come true. Adidas, Nike and these world famous brands began to close their factories in China and started to transform to Southeast Asia where was lower than China’s “three lows”. Big but not strong, no high technical content and no strong profitability these things have been factors that troubled “Made in China”. But in the past, we can also console ourselves with “quantity”, and once felt in flooded confidence.
Among Fortune Global 500 companies Wholesale Jerseys China Free Shipping , Shanghai Automotive Group ranked the first 130 among manufacturing enterprises. Its operating income was 67.254 billion dollars, the net profit was only 3.128 billion dollars, and the net profit margin was 4.65 percent. Lenovo Group, which was technology manufacturing enterprises’ model, ranked 370. The business revenue of it was 29.574 billion dollar, the net profit rate was 1.6 percent and its net profit was 473 million dollars.
For the automotive manufacturing companies Wholesale Cheap Jerseys , the Germany Volkswagen Enterprise who has strong research and development capabilities possessed the operating income of 221.55 billion dollars. About net profits, it was 214.25 billion dollars, in addition, its net profit margin was approximate ten percent. Samsung Electronics’ operating revenue was 148.944 billion dollars. With regard to net profit, Samsung Electronics’ was 120.59 billion dollars, what’s more Wholesale Authentic Jerseys , its net profit rate was eight percent. Apple Company, a representative of creation, its operating income was more exaggerated, which was 108.249 billion dollars. The net profit of Apple Enterprise was up to 259.22 billion dollars, and its net profit rate was very staging, which was twenty-four percent.
Have you ever noticed with most businesses that you aretaking the risk? Here's an example. The other day in asmall clothing store Wholesale Sports Jerseys , I saw the owner had a sign postedthat says, "Absolutely No Refunds After 7 Days." This is areally bad way to destroy goodwill. You don't have to statethings negatively.
They're thinking to themselves, "People are going to cometry to return something next week or the week after andwe're just not going to do it. We're not going to give themtheir money back." They put a sign up with that samenegative attitude and expect customers to feel at ease whenmaking a purchase.
They could easily have said, "We'll gladly give you arefund of your full purchase price within 7 days - NoQuestions Asked." This says it better and makes a hugedifference.
The first one tells the customer that "Hey, it's yourresponsibility, the risk is on you." The second one says Wholesale Jerseys Free Shipping ,"Hey, we'll take the risk and we'll do everything we canfor you if you're not satisfied."
See the difference? It's minor and probably won't hurt alot of sales, but why be so negative when you can turn themaround and state them with a big, bold, powerful guarantee?"Our prices are the lowest in town. We'll fund the lowestprice anywhere or we will refund the difference." You knowthose with large appliance chains? You can make big, boldpowerful statements like this simply by stating the tone inyour message.
Another example; If you sell magazine subscriptions Wholesale Jerseys From China , youcan guarantee their money back all the way up to the lastminute of the last day of the last month of theirsubscription and they can get a full refund. These are 100%no risk guarantees that will not hurt your business.
There are a lot of guarantees that can be stated and putthe risk on your shoulders where it belongs. If you have aquality product or service, then you're not asking them togo out on a limb.
If you perform, then you should do everything you can tosay that you do even if you get more returns or maybepeople asking for their money back. Maybe it's because youmade a mistake. Maybe it's because something is wrong ontheir end and they try to take advantage of your every move.
It will be inconsequential compared to all of the newbusiness you'll generate because of your big bold solidguarantee. Making such a statement in your everydaybusiness plan, helps make your customer feel morecomfortable doing business with you.
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Abe Cherian is the founder of Multiple Stream Media,a leading performance-based Internet advertising company dedicated in helping small businesses createonline presence Wholesale Jerseys China , brand recognition and online company web site:
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