Tee wrote on 18
th Apr, 2011 at 9:22pm:
I am sorry that did not respond for a while...I have been away on for short trip....to Melbourne city.
Firstly, I am grateful for Oldman valuable input. I would put every thing into account with setting up this kind of business...how ever, I do have a few things that still worry me.
1, The cost of sending product
2, The consistent of the product ( I did have bad experience in the past,The consistent workmanship of the product did change after a few shipment)
3, The Tax and Duty of sending good.
4,Sending this type of product some countries will not be allow,because of custom regulation. you do need a special licence. the cost of the licence is high and that mean the product will have to be high too....
I would hope you don't think of those 4 points as 'worries' - rather they are just things you have to take into account. Down the line, you will have
real worries that will make you wonder why on earth you ever considered those 4 items as 'worries'.
If you are serious about his kind of business, you would be wise not to jump straight in with a large investment. Just take baby steps and test out the market, the supply/demand situation and the logistical considerations (cost and methods of sending the products, tax, duty, etc.)
For example, you could spend a little time in Laos, go around the handicraft shops and workshops to choose maybe 20 bamboo items that you like personally and are satisfied with the quality of. Then, advertise the items on ebay.
Very quickly, you will know which kinds of item are in most demand and what people are prepared to pay for them. You can then set up your own website and start setting up contacts with wholesalers, etc.
Further down the line, you can set up a company, think about economies of scale on delivering items (a share in a shipping container consignment, etc.) with local import/export companies (there are dozens of these in Vientiane) and consolidating working relationships with trusted producers and maybe setting up your own production facilities with your own craft workers, allowing you to manage quality control on the spot.
Anyway, just take a few baby steps first.
Old Man