Tuesday, 21 October 2008

Portable Esprossa Maker

Introduction of the product
Discover the products designed to offer you an outstanding espresso wherever you go, whenever you want. Premium quality espresso – anywhere! With Handpresso, coffee breaks are shared and enjoyed together. Actually, Handpresso has invented a new coffee ceremony for you. So, now, your espressos can be prepared with friends, guests or within the family, indoors as well as outdoors.
www.handpresso.fr
This is a nice product which can let you make coffee whenever and wherever you want. I think the U.S.P. of the product is very easy to use and carry. While we are having a picnic, make a nice cup of coffee. That's a really good idea. So in my opinion, this product will have a big market. Because it's a new idea, maybe it won't be have many competitors. If demand is very big, and they want to make the business larger very soon, cash flow is very improtant. How to sell this product is also very important, let customers know this product is the thing they need to do.

Saturday, 18 October 2008

BBC NEWS "China toy firm closure"

A Chinese toymaker which supplied firms including US giant Mattel has gone out of business with the loss of up to 7,000 jobs.
Rising raw material and labour costs and slowing US demand forced Smart Union to close its doors this week.
Workers have since been protesting outside the firm's factories and a government building in Guangdong province to demand their unpaid wages.
More than half of China's toy exporters have gone bust so far this year.
Hard times in Toytown
The Chinese news agency Xinhua said 52.7% of the country's 3,631 companies making toys for export went out of business in the first seven months of the year.
It blamed rising production costs, the stronger yuan and tightened toy safety standards.
Smart Union's shares were suspended on the Hong Kong exchange on Wednesday and provisional liquidators were appointed by the High Court in Hong Kong on Friday.
The company's financial difficulties were clear from the results it released last month - Smart Union made a pre-tax loss of 201m Hong Kong dollars ($26m; £15m) in the first half of the year. In the same period a year earlier it had lost HK $2.5m.
Pay withheld
Former staff protesting outside one of Smart Union's factories were met with a sign which read, "Because business is bad, we are unable to give you your salaries," the Reuters news agency reported.
"I feel very agitated now," said factory worker Huang Luo Hui.
"We need money to pay for our housing and food. We have been waiting for a few days now. The government said they will solve this problem in three days. Today [Friday] is the third day and we have had no reply from them."

Discussion:
Many companies put there factories in China, or let factories which are in China produce and supply produce products. Because in China labour and raw material are very cheap. So build factories in China can reduce costs. Maybe that’s why many products here are made in China. So the factories in China only get little money for producing products. Companies which are from other countries keep the most of profit.
But as the rising of raw material and labour costs, the owner of factories in China realize that only produce products can’t make a lot of profit. And also as the exchange rate of yuan going higher and raw material costs rising, producing products in China will be more expensive.
Many people said that many business in China just copy. That’s true. But nowadays we realize that copy is not a good idea because copy can only make a little profit, because most profit is given by companies which are have patent. So Chinese government begin to encourage independent innovation. And also Chinese government and bank of China will support small businesses. But in the short term, many factories in China will still keep copying. As the developing of China and more and more people join in independent innovation, the business in China will change a lot.

Thursday, 16 October 2008

about the word "factoring"

Chris could help me please. I try to translate to Chinese,but I'm not sure. For example there three groups of people bank, A, B. A owe B money. So bank give 80% value of invoiced sales to B as a cash advance. And then bank ask A 100% value of debt. So bank can keep 20% as profit. Is that right?

Monday, 13 October 2008

‘Affordable’ Recreational Submarine


A Dutch company now offers recreational submarines that have a top speed of 3.5 mph, can submerge to 50 metres and weigh around a ton – pricing is approximately $130000 per submarine.
http://www.uboatworx.com/
It’s a nice product which has good-looking and high speed. So people who like submerging will like it. But $130000 is a lot of money, only people who are very rich will buy it. Because of the high price, the market will be smaller.
So how to make the market larger is very important. I think they can rent submarine in the sea side to tourists. So the price will be much lower and many tourists will like to try it. So they can make more profit.

$10000 Car Wash For Celebrities

By offering a week-long, 61-step car wash with rare Brazilian wax called Zymol Royale wax. Witty Brit Paul Dalton has built a fiercely loyal celebrity following in Britain who are happy to have their exotic cars lovingly TL Ced by him. For $10000 per car wash. And he is about to put his prices up.
www.edmunds.com/insideline/do/News/articleld=114981
This is a new business idea. I think some celebrities do like this kind of service. They not only need to wash cars, for some good cars but also need to maintain cars. But celebrities only the some group of people, so the market is so small. I think they don’t need to celebrities, they separate the service level. They can focus on the people who have good cars not only celebrities. So they can have three prices and three different services. The price is higher the service is better.

Saturday, 11 October 2008

The Tweel Rubberless Wheel

Michelin have developed an "airless, intgrated tyre and wheel"(think a wheel without a tire, like a kind of small metal wagon wheel) that creates wheels far more durable than ever before and can be fitted to wheelchairs, Segues and eventually passenger cars.
So this kind of new product is quite new, there is no competitors. The U.S.P. is also clear and obvious. But while they solving one problem, it may bring other problems. Is it save when car drive very fast or drive on snow? When cars suddenly turn around what will happen? So if they can make sure these things are OK, I think it will be a really good product. And also the price is important as well. With the technology, maybe the price is very high, so reduce the cost is also necessary.
If all these problems are solved, it definitely will be a nice product which have a big macket.

Monday, 6 October 2008

Waterless Urinal


Waterless Urinal can keep urinal clean by itself. Usually after being used for a long period, it will become dirty and smelly.This product can solve this problem.

ZeroFlush’s totally unique and patented design achieves the ultimate in waterless urinal design. Requiring considerably less maintenance than other green solutions, ZeroFlush is highly attractive to those responsible for building services.
However, this product not only keep it clean, but also save money,time and water. So that's quite good product for public toilet. This is a new idea which with the technology. So it won't have a lot of competitors.