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The search for competitiveness is constant and many entrepreneurs want to know how to make their company stand out in the national and international market.
Thinking about helping the secondary sector, we have put toge Chinese Overseas Asia Number Data ther some tips in this article on how to compete with the Chinese market.
Check out the topics covered in our content:
Rise of the Chinese market
Learn to have a competitive advantage
Find out how to compete with China in the national market
The current scenario opens doors for those who want to compete with the Chinese market
Rise of the Chinese market
Decades ago, the expression Asian Tigers was created, referring to countries such as Japan, Hong Kong, South Korea, Singapore, Taiwan, among others.
This is because these nations began to produce goods with the technology that Japan had patiently perfected and established in the 50s and 60s.
Even with conflicting economic and political situations emerging and wars of various sizes, these countries invested a lot in infrastructure and education, creating a generation of productive people.
As a result, high quality products were manufactured, overcoming the distrust and xenophobia of the rest of the world.
This helped to establish goods from Asia for performance, durability and finish.
As if that weren't enough, one last tiger, China, ended up clinging on to the successful wave responsible for changing the world economy.
This is because the country appeals to the market with its abundant and low-cost labor force.
For these reasons, competing with the Chinese market has become a difficult mission for Brazilian industries.
In this way, China began an era of high productivity, reversing decades of economic stagnation and importing increasing volumes of commodities.
This event helped to generate annual surpluses that for years were close to double digits.
As a result, the growth of the Chinese market spread, making the country import and export to different regions of the planet!
Therefore, importing from China has become a global trend!
Learn to have a competitive advantage
Many companies closed their doors permanently in the last three years and those that did not close had to reduce their production pace.
In addition, many reduced their staff and created strategies to dispose of overstocked inventories.
This is because some companies reach the minimum level and adopt a subsistence economy.
These, slowly and patiently, wait for an improvement in the economy and can sell again in the Brazilian market and compete with the Chinese market.
Furthermore, each company that closes affects several other companies, and/or end consumers.
As a result, a demand bubble is formed!
It occurs when there is a relationship between consumption and supply that suffers a major discontinuity.
However, this situation can become an opportunity to start a business, as there is a range of needy customers looking for new suppliers.
Therefore, it is essential to pay attention to all opportunities, as one person's crisis can become another's opportunity.
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