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The Art of Global Business
I purchase light bulbs all over the planet; the normal price is under 50 cents US.
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Fukuoka, Japan
Wednesday, October 1, 2008
Blog of Andy HoboTraveler.com --- Add a Hotel --- Travel Bag Design Survey --- Professional Traveler Bag
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I purchased this light bulb in a Family Mart Convenience store here in Fukuoka, Japan for 200 Yen, this is 1.88 US Dollars.
In my opinion the art of global business it to understand where on the planet they are making a product cheap and import /export the items to the country that sells the same product for much more.
This is why the world wishes for the USA economy to stabilize, they want their customer healthy.
China is invading Africa, setting up all sorts of trade deals, China is the king of the cheap product, they are making oodles of low quality cheap product and Africa is a good market for China.
Somehow, in my opinion, a person only needs to have a good eye for where there is some lacking of products, know where they make the product cheap and introduce the need to the supplier.
Traders, not a new business on the planet, one of the oldest.
The Art of Global Business
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Reader Submitted Comments | Deleted Comments (0)
CT_Bob said on Wednesday October 1st, 2008 06:10:00 AM
The real money makers create a market where there never was one. Especially if it is a useless piece of crap that no one should actually want. Kinda like Dr. Suess "Everyone needs a Thneed. A Thneed is a fine-something-that-all people need.” " in "The Lorax".Bob L
grahamstravelblog said on Wednesday October 1st, 2008 01:27:00 PM
I'm curious; what need does a hobo have for a lightbulb?
Andy HoboTraveler.com said on Wednesday October 1st, 2008 01:31:00 PM
I need a lightbulb, because I need a reading light in approximately 95 percent of the Hotels or Hostels. I carry a clip on light and normally clip is to the bed somewhere or on the curtain.There is a huge difference between a tourist who is trying to sightsee 24 hours a day and a person who lives in a country for a short time.Bottom line is reading in my room.
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