Business strategy: 7 must-knows about Canton Fair

Canton Fair is the largest trade show in China and the second largest trade show over the world. First held in 1957, the Canton Fair takes place twice a year each spring and autumn in Guangzhou, China.

With that kind of range, you are going to need to prepare yourself well in advance before attending. Here are the must-knows before your next trip to the Canton Fair.

1. Apply Online

Don’t even think about attempting to wait in a line to grab your registration form. Apply online with us beforehand and save yourself one day of queuing. Then use that extra day to brush up on your Mandarin, visit Baiyun Mountain or tour the Zhenhai Tower.

2. Dress Appropriately

There’s no need for a 3-piece suit, but look presentable. We recommend business casual at minimum. You’ll be taken more seriously, which will help you when negotiating with your potential suppliers. The last thing you’ll want is to be brushed aside because you couldn’t bother to throw on pants before leaving your hotel.

3. Negotiate 

Speaking of negotiating, NEGOTIATE. Very rarely is the first price you’re given the best price you can get. Say nothing, and you’ll risk spending more than you have to. But speak up, and you’ll save big in the long run.

4. BYOP

Bring your own pens, and notebooks. You’d think the largest trade show in China would have easier access to writing materials, but these items can be surprisingly difficult to locate. So bring your own materials and make sure you use them to take plenty of notes.

  

5. Bring Plenty of Business Cards

Ten to 15 years ago this tip would’ve been a no-brainer. But the digital age has irreversibly impacted the art of the business card, so I’m here to make sure you’re prepared. Many of the business owners you speak with at the Canton Fair won’t hand over so much as a napkin to blow your nose until you present them with your card. Bring twice as many as you think you’ll need, then double that number and multiply it by five.

6. Bring a Book Bag 

Now that you’re locked and loaded with enough business cards to make Patrick Bateman jealous, you’re going to want a convenient place to store the hundreds of catalogs, brochures, samples, etc. that you can now collect from the booths you visit. If book bags aren’t your style, opt for a rolling luggage piece instead. Either way, make sure you have a place to store all of that swag.

7. Join with a reliable trade service platform

There are so many business opportunities and how to judge and choose? It will be great if there is a professional platform to help you screen out the highest quality partners! Here, at eGTCP.com, we offer order matching and credit facilities for better business. Please visit www.egtcp.com for more offers.

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You can also contact eGTCP.com directly via mail or phone.

Email: service@egtcp.com Tel: +86 400-159-8448

                                                            

With or without eGTCP, trade sentiment from Canton Fair shows more or less (in pics)

It is well known that the Canton Fair is the comprehensive international trade event of longest history, highest level, largest scale, biggest selection of goods, most merchants, widest distribution of countries and regions, best transaction effect and best reputation. eGTCP.com, as a global trade credit platform, participates in this event as a credit model and every fair is a rewarding experience.  

By the end of April 27, 2017, at the booth of eGTCP.com (booth: T19-20) , hundreds of foreign customers are patronized every day. The eGTCP of the 121st China Import and Export Fair Complex has come to a successful conclusion. 

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eGTCP.com comes back with fruitful results from attending the Canton Fair every time. Besides orders, what is more important that we do exchange, communication and interaction with customers and understand the customer demands on our platform, the suggestions for platform improvement and the ever-changing market trend, which help us to respond to market change and achieve sustainable development with sustainable innovation.

The Canton Fair Phase 3 Also begin in a minute, it is for buyers dealers, suppliers and producers in the office supplies, cases & bags, and recreation products, medical devices and health products, food, shoes and textiles & garments. The Phase 3 will take place on 5 days from Monday, 1. May to Friday, 27. May 2017 in Guangzhou. Don’t miss our eGTCP booth: T19-20.

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We, eGTCP, welcome you to apply for GTCP(Great Tao credit purchasing card), you can get $10,000 immediately, buy more, pay later, let's get started! 

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You can also contact eGTCP.com directly via mail or phone.

Email: service@egtcp.com     Tel: +86 400-159-8448

                                                            

9 Smart Business Tips For Your Canton Fair and Business Success

Running a business means taking care of lots of little things. Becoming a successful is no easy feat. Sure, success depends on the big thing, such as your strategy, marketing and technology. Sometimes, starting with these 9 tips to help you and your company out of hot water.

9 useful business tips for success

image credit: internet

You can’t fire bad employees fast enough.

You just can’t. Just make sure you know they’re the problem, not you (see next tip).

The problem is probably you.

You need to know that 90 percent of all problems are management problems. When things aren’t going well, the first place to look for answers is in the mirror. 

Develop and practice your "elevator pitch”.

"Elevator pitch” is a brief sentence to describe what your business is all about. Use it when you introduce yourself to others, at business mixers, meeting with prospects. You're more likely to land a customer and get referrals if you can clearly describe what you do.

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Think of the long-term value of the customer.

It's almost always better to retain a happy customer than to make a big fuss over a small issue in dispute.

Take care of your stars.

This goes for every company, big and small. The cost of losing a star employee is enormous, yet business leaders rarely take the time to ensure their top performers are properly motivated, challenged, and compensated.

Learn to say "yes" and "no" a lot.

The two most important words business owners and founders have at their disposal are “yes” and “no.” Learn to say them a lot. And that means being decisive. The most important reason to focus – to be clear on what your company does – is to be clear on all the things it doesn’t do.

Build a database of your current and former customers or clients.

Get in the habit of tracking every customer interaction, not just orders, and their specific needs and concerns. Then you can personalize your offers, emails, and rewards. And be sure to remember their birthday.

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Run your business like a business.

Far too many entrepreneurs run their business like an extension of their personal finances. Bad idea. Construct the right business entity and keep it separate from your personal life.

Do everything with integrity.

Treat everyone fairly and honestly, including employees, customers, and vendors. Don't rationalize bad behavior by saying, "It's only business." Be someone worthy of respect.

Focus on:

We, eGTCP, welcome you to apply for GTCP(Great Tao credit purchasing card), you can get $10,000 immediately, buy more, pay later, let's get started! 

Follow us:

You can also contact eGTCP.com directly via mail or phone.

Email: service@egtcp.com     Tel: +86 400-159-8448