On New Year night, I spent the evening with a couple of friends who happen to be veteran wholesalers. There were other corporate people around and every body was talking about business and financial happening of year 2009. Some were hopeless for the years ahead; others were still sensing some lucrative opportunities. Whatever you think of the current situation, one thing is sure, year 2010 will see lots of new manufacturers, retailers, importers and wholesalers trading in all sorts of products, from hand bags and apparels to a wide range of electronics and furniture.
Several companies from UK, Canada, China and many other countries are going to hit US market this year. They will be planning hard to attract every individual customer with chic cuts and trendy styles in clothes, unique jewelry designs and matchless looks and quality in every electronic item. You can expect to see the leading malls displaying new denim trends, new range of fall handbags, scarves and pullovers.
If you are a business man, it’s the right time for you to invest more, pick out every trendy item to put in your retail store, jewelry shop or display center before it gets too late. Whatever your role is in this wholesale network, be ready for some tough competition ahead. Remember, “The ability to learn faster than your competitors can be the only sustainable competitive advantage.”
Over and out for now, see you people soon!
