Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years. In doing so, Under Armour would focus on building up its direct-to-consumer business. Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.
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Wang to Visit Japan, South Korea Next Week
The Chinese Ministry of Foreign Affairs announced on Friday that, at the invitation of Japanese Foreign Minister Toshimitsu Motegi and South Korean Foreign Minister Kang Kyungwa, Chinese Foreign Minister Wang Yi will pay an official visit to Japan and South Korea from November 24 to 27.
Asia Forms World’s Largest Trading Bloc, Boris Enters Isolation
On Sunday, the Regional Comprehensive Economic Partnership (RCEP) was officially signed during the Association of Southeast Asian Nations (ASEAN) meeting. After eight years of negotiations, the free trade zone with the largest population, the most diverse membership structure, and the greatest development potential in the world was born.
China- 14 Countries in Asia and Pacific Sign World’s Biggest Trade Agreement
China and 14 countries in Asia and the Pacific have signed the world’s largest trade agreement. A treaty that declares war on Europe and the United States. It is the world’s largest free trade agreement, accounting for one-third of the world’s gross domestic product.
ASEAN Summit — RCEP Expected to be Signed Sunday
The 37th ASEAN Summit opened on Thursday, and the meeting was held through video. In addition to the immediate new coronavirus epidemic, the fifteen member states are also expected to sign the Regional Comprehensive Economic Partnership Agreement (RCEP) on Sunday to revive the economy hit by the epidemic.
Big News in the Wholesale PPE Market
Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.
Census Offers More Promising News for US Wholesalers
On Wednesday, the U.S. Census Bureau released a preliminary report on data pertaining to wholesale inventory for the month of September. Wholesale inventory in the United States was shown to have decreased by 0.1% in September. This is compared to a 0.3% increase in August, which itself was revised from 0.4%.
A Light at the End of the Tunnel for US Wholesale?
The Associated Press reported last week that US wholesale prices jumped 0.4% in September, continuing a three-month trend. This is in contrast to a Reuters report, also from last week, which showed a 0.8% drop in Japanese wholesale prices over the same month.
DOJ Hits Google with Antitrust Suit
According to reports, the US Department of Justice filed its long-awaited antitrust lawsuit against Google, and it could take a judge to spin the market-value of the search and advertisement giant worth $1 trillion. The big economies worldwide seem to be starting to take steps against Google, and the United States alone is not the problem.
Japan’s Wholesale Market Shrinks – A Global Solution on the Horizon?
Earlier this week, Reuters reported that Japanese wholesale prices fell by 0.8% in September, marking the seventh consecutive month of year-on-year declines. Prices also declined by 0.2% as compared to August, the first on-month decline in Japan in four months. Their data was courtesy of the Bank of Japan (BOJ).
Can India Accelerate Its Future Growth Utilizing Global Value Chains?
India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.
This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.
A New Opportunity for Skin Care Wholesalers
Many industries and sectors across the global economy have greatly suffered as a result of the coronavirus pandemic and the associated recession caused by the Great Lockdown. Demand for some goods and services has simply collapsed, while in other areas, the means of distributing them to retailers or consumers has been severed or greatly disrupted.
Indonesia Exports Need a Value Chain Push
Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.
Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years? Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty.
A New Solution for Wholesalers in the Pandemic Economy
The coronavirus pandemic, and the associated Great Lockdown designed to contain it, have wreaked havoc on the global economy throughout 2020. The global wholesale market is no exception. Forecasters believe this typically robust market will experience an industry-wide decline over the course of the year.
North Korea asks South Korea to Halt “Intrusions”
North Korea has warned the South Korean government against inflaming tensions by sending a flotilla of navy vessels on a search mission for a man who was reportedly spotted by North Korean naval forces. According to a statement issued by North Korea’s state news agency, KCNA, Seoul should stop the activities immediately.
Hyundai Unveiled the Future Electric Vehicle
The Korean automaker has unveiled what the interior of the futuristic Ioniq electric cars will look like. Hyundai in partnership with LG has developed the interior design of the future. LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
A New Global Wholesale Option for Buyers and Sellers is Here
Shop The Globe is a fast growing online wholesale option and we believe that if you’re a buyer or seller you need to start reviewing these very unique options for products. This is truly a better global wholesale platform.
Shop The Globe is already providing unique options on a truly global platform with interests from the countries of Vanuatu, Australia, Thailand and of course many here in America.
Xi Jinping and Yoshihide Suga Establish Talk
Japan’s new Prime Minister Yoshihide Suga spoke for the first time with Chinese President Xi Jinping on Friday. The leaders of the two countries agreed to “closely cooperate” on bilateral and international issues but did not discuss Xi Jinping’s plan for a state visit to Japan.
Kim Jong Un Apologizes for Killing of South Korean Man
A “disgraceful affair” that should not have happened is how North Korea’s leader, Kim Jong-un, has described the killing of a 47-year-old South Korean man in North Korean waters. In a letter to South Korean President Moon Jae-in, Kim Jong-un said that he is “very sorry” to have “disappointed” Moon and the South Korean people in general.
RangeMe – A Great Way to Connect? Or Buyer Beware?
RangeMe is a service that specializes in helping connect wholesalers to buyers. They offer their services with two different perspectives: sServices for the buyers, and services for the wholesalers.
Buyers are of course offered accounts for free. It’s a great way to browse products and find connections to new providers you may not have had dealings with before, all at your fingertips. The wholesaler side of the business is a bit darker though.
Global Manufacturing Storefront – Does Your Company Need One?
We are seeing a massive migration to the internet for our business needs. This has been one of the largest business migrations the world has ever seen, but many small manufacturing companies have not even updated their websites in years, not to mention expanded and leveraged a more efficient online capability.
Is it now time for small manufacturing to enter the world markets?
Does Every Wholesale Company Need a Global Storefront?
The internet and business landscape are changing at rates not seen before. With this incredible change occurring right in front of us, why hasn’t the online wholesale industry adapted and become more efficient? Instead, there seems to be very little change and increased efficiency over many years.
For example: We believe each wholesale company today should have their own global storefront.
One Stop Online Wholesale Shopping Soon Worldwide
Is the global free markets wholesale business the most inefficient market in the world?
With the exposition of the internet and online retail business, has the wholesale market kept up with its peers?
Not only has the wholesale market not kept up, but the industry’s failure to keep pace with Amazon is a key reason why Amazon has been so successful and the wholesale industry has done very poorly. Amazon reached out to the Chinese wholesale industry directly with many seminars in China, and Amazon even started their own shipping business to move goods from China to the US and then directly into their prime marketplace.
Online Global Wholesale that is Open to list Your Products
As a wholesaler, you can increase sales and global awareness if you know how to find the right platform.
There are three basic ways to sell your product:
- Sell directly to customers via your website.
- Sell to retail stores, which then sell to customers.
- Post at a wholesale distributor, which sells to retail stores.
In our small business we are involved with all three, but I would like to introduce you to wholesaling online, a newer global concept.
Real or Fake? DPRK Insists Kim Alive & Well
As per photos and news reported today by the official state Korean Central News Agency (KCNA), North Korean leader Kim Jong Un has publicly re-appeared, hence dispelling recent rumors that he is very sick and in a coma. Kim was shown in photos chairing a meeting of the ruling Workers’ Party of Korea (WPK).
Buy Wholesale Online for Your Retail Business
Buying wholesale online products and selling them at retail prices can be the foundation of a solid and vibrant business. The concept is very simple: find an outstanding product, one that hopefully is unique to your business, purchased at a low price. Then sell it at a higher price, and repeat.
Is Kim Jong-Un Dead (or in a Coma), Again?
North Korean dictator Kim Jong-un is rumored to be seriously ill, and is in a coma, according to a South Korean diplomat. The official, Chang Song-min, is well known in the Korean diplomatic circles, and he previously served as a personal assistant to the late South Korean President, Kim Dae-jung.
Become a Online Wholesale Merchant
Are you a merchant in a country or far away location and want to greatly improve your presence in the online wholesale world? If you believe your products should be shown in many online stores around the globe, it might be easy to solve this issue. Review Shop The Globe to improve and lower your cost while improving your access and ease of use.
Shop Wholesale Online – The Next Generation Online Wholesale for Buyers and Sellers
The problem with today’s internet is that the world’s wholesalers and distributors are still using their 1900’s model; there has been little if any significant change, even though we have seen incredibly robust change in the world that has created a new retail online category. Manufacturing also has seen gigantic leaps with micro companies. These companies are involved with the creative design and development of new products, but they hire out all their manufacturing. They have seen strong growth popping up all over the world.
Coronavirus — Korean Cases Climb in Clusters
According to a report from the South Korean Central Disaster and Safety Countermeasure Headquarters on the 15th, 166 new confirmed cases of the new coronavirus have been added to South Korea from midnight Friday to midnight Saturday, local time. It is the biggest daily increase since March.
Can an Online Wholesale Supplier Solve Your Online Store Needs?
One of the first ideas to consider before you open an online wholesale website is to better understand how the wholesale supplier system works, and better yet a system that can work for your online store.
The issue with online store shoppers:
Most wholesale systems are spotty at best; it’s an eclectic collection of very random unhelpful “register first” websites. Many are in the US but most are sprinkled everywhere in the world. Most of these sites are OK, many are great, but quite a few just waste your time with a long registration process and fees.
A Digital Marketing Strategies Guide for B2B Website
Businesses to business, or B2B companies, do require an all-around thought out and innovative marketing strategy. When you first consider B2B marketing systems, your brain may go directly to the immediate and outbound procedure. You might think about sending messages directly to forthcoming customers (your generated lead). It might work out that way sometimes; however, it’s not generally the ideal approach to get new customers. Hire services from a reliable digital marketing company.
Flooded South Korea Braces for Typhoon Jangmi
According to South Korea’s Central Disaster and Safety and Countermeasure Headquarters and the Ministry of Public Administration and Security on the 9th, the number of deaths due to torrential downpours from the rainy season, from June 24th to Sunday has been counted as 38.
Shop the Globe Will Be Opening Soon
We wanted to offer our global viewers more than just online services. Don’t get us wrong, we like online services, but we wanted to do more, so we will soon open Shop The Globe where hopefully you could make local products and sell them on a global platform. We want to give the little guy the opportunity to introduce their products to the world. The vendors will have no listing costs, and will only pay a fee if a sale is completed. Most small companies have limited global or even countrywide awareness, and we will be able to provide this type of service.
What You Should Look for in an Online Boutique Clothing Store
The popularity of fashion is never fading. Every year, a new trend of fashionable clothes, bags, shoes, and accessories are displayed in stores. However, there are times when walking around the mall looking for an outfit will be tiring. Sometimes, the malls can be overcrowded with people, and you have to wait in a long line to pay for what you want. If you are in a hurry, this might be an issue for you. An online boutique clothing store is perfect for individuals that do not have the patience and time to hit the mall and look for an outfit they want.
Heavy Rains Cause Flooding, Damage in South Korea
Between 80-100mm of rain per hour fell from the night of the 29th to the dawn of the 30th in Daejeon, Sejong, and Chungnam regions of South Korea. The rain caused damage such as flooding of houses and roads. Heavy rain warnings have been issued to Daejeon and Gyeryong, Geumsan, and Nonsan on the morning of the 30th.
What to Look for When Buying a Business Laptop?
A business laptop is a computer specially constructed to tolerate heavier workload and prolonged usage, making it particularly ideal for business work. They are built stronger, lighter, and are more efficient for rougher times and hectic situations. Some of them are also more secure and tougher than regular laptops for personal usage because a business laptop has more confidential files and cannot be afforded to be broken easily.
5 Tips for Buying Marine Parts Online
When the warmth of the summer sun hits your skin, it may get you itching to get out on the water. A boat is a great way to enjoy soaking up the sun, hanging out with family, and reeling in those trophy fish. To get your boat up and running, here are some tips you should follow when ordering your necessary boat parts online.
How to Attract Users to Your Online Shop in Today’s Digital Lifestyle?
Everything is possible with proper planning and tactics. Right now, the world is rapidly shifting towards online platforms and that is the reason, there is an increase in the competition. With so many options available on the search engines, how to prompt the user to visit your online shop? How to attract them to browse your catalogues? How to make them buy products from your website? Well, these are some of the very basic questions that most of the owners of online shops have in their minds. That is why we are here to help you in boosting your reach and traffic so that you can increase your sales in an effective way!
How to Shop for a Wedding Dress Online
Planning a wedding comes with loads of challenges, but nothing will top the difficulty of finding the perfect wedding dress. Ask any lady you know about the most stressful thing they had during their wedding season. You will most likely hear them talk about how long it took them to find the right dress. Truly, wedding dress shopping can be a pain, but only because you want everything to turn out perfectly. As such, many have considered turning to the Internet to buy their wedding dress.
A Handy Guide to Buying Coffee Beans Online
Coffee is a magical drink that wakes many of us up early in the morning and lets us stay alert through long shifts. You can fine-tune your brewing techniques as much as you want, but the coffee beans you are using will have the most significant impact on the taste. If you’re not getting the finest coffee beans you can, you’re missing out on a good, high-quality coffee.
Shopping Tips in Times of Coronavirus – No Need to Panic
Respiratory droplets are the main way of transmission of the Covid-19 virus. For now, there is no scientifically confirmed and convincing evidence that coronavirus can be transmitted through food or other unanimated objects. However, the danger of getting infected while shopping still remains.
The highest risk of shopping relates to being among potentially infected people. However, the Internet is bursting with numerous tips on disinfecting all surfaces and purchases, avoiding cash and opting for online shopping. Which of these tips really work?
5 Must Have Tech Gadgets in 2020
A gadget is a little apparatus; for example, a machine that has a specific capacity; however, it is regularly considered as a curiosity. Gadgets are electronically disentangled applications that make work simple. They assume a massive job in the regular man’s life, and we have become so accustomed to it that it turns out to be hard for us to consider day by day life tasks without machines.
Professional Tips for Selling Online
Whether you are making a new product or getting rid of something you no longer need, selling items online is a great way to make some extra money. Putting these items online exposes them to a large number of people in a very short time. While this makes it a lot easier to find the right buyer, there is still a lot more you need to do in order to close the sale. These are seven professional tips for selling items online.
5 Safety Tips for Using Your Credit Card Online
Using your credit card online to make purchases can be a fast and easy way to make shopping a breeze. However, there are many things that could go wrong, and lead to you having your credit card data stolen. This is a worst case scenario so you want to make sure that you know how to avoid putting yourself into risky situations. Let’s take a look at five tips you should know for using your credit card online safely.
6 Tips for Shopping Online
The online shopping experience is a profitable venture for businesses to make money. It’s equally profitable for users because they can discover the best deals without leaving home and get must-have items delivered to your door. While businesses will do their part to make online shopping fun and safe, users must rely on common sense to get the best deal without getting scammed. Six tricks will get users started on the path toward savvy shopping.
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