Tuesday, November 20, 2007

Price is King

This morning, my friend handed over a newspaper to me and I read one article saying " Chinese Goods Traders facing dificulties and many of them strive for a new way out as most of the foreign buyers go for factories directly."
Why this caught my eyes is becasue I am a trader and even a newcomer for trading business. Babiken was "given birth" by me last year. Maybe it was really born in a wrong time. But fortunately I had saw the down-turn trend of trading business when I came up with Babiken business.
I knew that a trader will face tougher and tougher situation as information age goes. With things like internet, TV and handphones, it is too easy for information to spread, which makes almost everthing apparant on this planet. Nearly anything you want, you can find on the internet and then compare the prices and then buy at lowest prices. It is often impossible for an ordinary trader to have lowest prices. So I have to say that information age will make a lot of traders go out of business. As I said on my website, supply chains will be shorter and shorter in future and the business model will change revolutionarily.

I knew this but why I started Babiken trading business?
Personally I had no choice. Firstly I just fed up with working for others on something not realling interesting me. Secondly, I had a belief when something dies, it must leave a seed tangiable or intangiable for new a new born. I think by doing the trading, I might come accross new things during the course. Thirdly, I predict trading business will still exit in a forseeable future though it is harder and harder and I know I have to utilize thise period; otherwise it might be too late to catch up. Finally, everyone knows that trading is the best business for those who lacks of fund as relatively it demands not much financial investment to start up. I was not born with wealth but I think I could start from here and make myself with wealth and then I could help those needy.

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