What is wrong with Made-in-China products?

We heard about this a lot either in mainstream media or on the alternative media like the internet.

My question is does all made in china products no good or substandard. In Malaysia there many reputable China companies are supplying good products to the industry but why in the U.S. the people are complaining. I think not all made in China products are substandard. Products like medicine and food, I without doubt the authority need to check the quality based on the recent reports.

Let’s ponder on this findings;

Tanya Williams hates to buy Chinese-manufactured goods.

But like many American parents, she believes she has little choice.

“It’s very hard to find American-made,” Williams, 36, of Aspinwall, said as she walked out of the Wal-Mart at Waterworks Mall with her three children. “You don’t know whether it’s lead-free. I’ve been looking at the labels, but they don’t say.”

Williams’ concerns are common and legitimate, consumer advocacy analysts said, particularly as global backlash mounts against China due to a surge of recalled, potentially toxic exports.

In recent months, high levels of chemicals and toxins were found in a range of Chinese exports, including toothpaste, seafood, pet food ingredients and toys. The U.S. Consumer Product Safety Commission this week recalled four more toy products made in China, including SpongeBob SquarePants address books and journals, spinning tops and charm bracelets. All might contain hazardous levels of lead.

The recalls have many Americans questioning goods stamped “Made in China,” said Rachel Weintraub, director of product safety at Consumer Federation of America.

Earlier this year, Swiss ingredient maker DSM Nutritional Products launched a “premium” Vitamin C. The marketing gambit: It comes from tidy Scotland instead of sprawling China, which provides 80% of the world’s supply. But it was a tough sell. “We were struggling to get the price we thought was justified by the quality,” says communications chief Alex Filz.

No more. Not after contaminated products from China ended up on supermarket shelves. Suddenly, “Not Made in China” has become a major selling point. DSM’s Quali-C brand is flying out of its Scottish factory at more than double the price for bulk Vitamin C. “It’s a tremendous business opportunity for us,” says Filz (see BusinessWeek.com, 7/13/07, “China: Due for a Reality Check?“).

It is reported also that China is the main source of risky products in Europe and toys are the item most commonly found to pose a risk to consumers. More than half of all dangerous products detected last year by EU authorities originated in China, with notifications for some 700 goods, according to the European Union’s executive arm.

With 80 percent of all toys sold in the EU made in China, toys were the product most often found to pose a serious risk, the commission said in an annual report on its so-called RAPEX system for detecting risky goods.

The commission put the poor safety record of Chinese goods down to the sheer number of imports from the country and the fact that European authorities have ramped up monitoring after waves of recalls of Chinese-made toys last year.

But I found this interesting video “Made-in-China” by James Fallows’s related story in the July/August 2007 via his website theAtlantic.com and James said “A look inside the world’s manufacturing center shows that America should welcome China’s rise—for now”.

There are people who are making an experiment themselves like Sara Bongiorni and her family attempted to live without goods made in China for a year, and found that it was no simple task. She has documented the project in a book called, A Year Without “Made in China”: One Family’s True Life Adventure in the Global Economy

Bongiorni said, “I wanted our story to be a friendly, nonjudgmental look at the ways ordinary people are connected to the global economy.” In the foreword, written by economist Joel Naroff, it’s said that 15 percent of the $1.7 trillion spent on imported goods the US imported in 2006 came from China. (What an awesome stats!).

View this video & the show: Visit the home of Sara Bongiorni, author of “A Year Without Made in China”

So to give a fair judgment to all made in china products, we need to study case by case. Not all products from China are substandard. But we as the consumers has the power to decide. To all made in China manufacturers my message is

“Do buck up and produce quality products or be prepared to be shipped out from any countries world wide”.

Offline product to online

Guys, I am quite busy this last few days. Not that busy working but busy wondering that the last 3 months effort have shown the result. I am getting 3 checks worth RM385,000 (approximately USD121,013). So it is a proven method where there is a good potential to bring your offline products online. See the result here. Click to see bigger picture. Double click to see the money! 🙂

So nothing is impossible! Don’t you think so?

While a lot of people are extremely being passionate about jump starting their careers on Internet and Online Business, a lot have been experiencing tragic failures and many are being traumatized after getting into this business type. There are, however, educational tactics that one can employ to better get prepared with doing business online. I have learned some of the practical tips and techniques that you could use to succeed, or at least be less stressed about getting started with your own businesses.

• Know what you are getting into. What is a better way to know what you are plunging into than immersing yourself with information about the business and the market of the business you are engaging with. Making an extensive research about the ins and outs of your business will help you eliminate the traumatizing failure of being a good online business. In short, do not engage on the business without properly preparing your mind, your resources, and your self about the nature of your business.

• Know your market. It is difficult to be getting involved on something especially on business without prior knowledge as to who your potential clients will be. At least, in a nutshell, make a thorough and intensive research about the niche of the product. This will better prepare you to combating the failure of not knowing what to deliver with your prospective clients.

• Know the right technique to boost your market status. This is the meat of your business. Knowing how to better make your presence visible is a relatively difficult one to do. Make sure that you properly market and advertise your product and services with proper equation of the marketing tools in hand.

Guys, if you want to know what are my offline products, here is the website: http://tpsmalaysia.com . . . opps . . . sorry guys . . . the website not yet finish, coz’ am busy in marketing! 🙂 But it does not matter, TPS Power is a new baby but I am in the market for more than 18 years now. So my conventional marketing skill is now starting to show some positive result online. Constantly learn new things and implement it, or like Nike “Just Do It!”. It will surely show you the way.

In today’s market, Price vs Quality, which is more important ?

An interesting topic to discuss, Price vs Quality, or Quality vs Price.

One of the interesting things about the market today is that despite relatively high valuations across asset classes globally, within the World market or the US market many of the biggest and the best companies are just not expensive relative to the rest of the market and relative to their own historical valuations.

Being an engineer by qualification myself I have a dilemma. I think many engineers also have the same dilemma. We, Engineers are constantly being asked to achieve two seemingly conflicting goals: assure the high quality of products while keeping costs low. While it may seem futile to try to resolve these two conflicting issues, a structured approach towards cost and quality can help, especially when it comes to passives, electromechanical devices, interconnects and connectors, many of which are commodity products.

According to a survey done in Germany, it says, Price is more important than quality for the majority of Europeans when it comes to grocery shopping. Germany, France and Poland are the most price conscious nations in Europe, while the Italians clearly place a higher value on quality. There are equally as many differences between Europeans when it comes to eating out as opposed to preparing a meal at home. These are some of the findings of GfK’s European Consumer Survey 2004. No doubt that this survey is for food products but the issue is the same which is Price vs Quality.

But as a human being, we certainly believe in this statement, “Is price important, yes it is…but no price is a good price if you don’t like the quality!

Overall it is all depends on what are you purchase. Some products we need really good quality and in some products price is more critical. But if price is chosen, you should never forgo quality completely. Again as I said earlier, it is all depends on the products that you need to buy.

Looking at today’s world market, price is most important. People are buying things based on price. People need to save money in this hard time. First and foremost is the question of price and consumer loyalty. The impression given by such a headline is not that most people are price sensitive (we don’t need research to tell us this), but that price is the MOST IMPORTANT factor when deciding which online store to buy from.

Personally, I find this nonsense. It is true that for some people price is the most important factor, but not ALL people. This is simply a matter of segmentation.

What do you think about this? Guys, need some feedback from you on this topic.

Economy downturn and the worst is yet to come

The US slowdown is even bigger than predicted by analysts. And it reinforces the view, recently put forward by the IMF, that the US economic slowdown will be longer and deeper than previously thought – and have a greater impact on the world economy. The IMF report suggested that even by the end of 2008, the US economy would still only be growing at a year-on-year rate of 0.8%.

This news I got from http://news.bbc.co.uk.

Certainly it is an alarming news. Are we prepared? Are we ready? Today I read in the local newspaper, they are saying “Most key regional markets failed to sustain momentum earlier in the day to end the morning trade in negative territory amid persisting fears of a recession in the US.”

There are reports that many Americans found out that their currency was not as valuable as they once thought. Those on holiday in Europe would have found their trip expensive. Despite regaining some ground in December 2007, the dollar still fell 8% against the euro for the year, leaving many wondering whether the greenback could maintain its position as the world’s most important currency.

Locally, The KL Composite Index had closed lower for the past two trading days. It opened sharply lower yesterday (March 3, 2008) and stayed in negative territory throughout and same goes today where they extended their losses for the second day this week, as investors continued to stay on the sidelines on nagging concerns about a weakening US economy and surging oil prices. See my earlier post this month, Oil Prices make history again.

So guys, friends, readers, let us share ideas here on how we as a layman could overcome this situation and keep surviving in this world. What we have to do to save our monies and also our family? We may be apart but this is a Global problem….it is a world economy downturn or a world recession.

Get all the latest news at cnn.com, news.bbc.co.uk, online.wsj.com, etc.

How to Rise in a Sinking Economy

Guys today I received an email from IMC Insider and they talked about The 5 Ways To Accelerate Your Earnings During An Economic Slowdown. Interesting right!

Let me ask you one question: Are you being effected by the economic slowdown? Here in Malaysia, the situation still manageable but the side effects already starting to surface like the rising of goods, cost of living getting higher, etc.

These days, the TV news shows are full of them….. “Doom and gloom” stories about the current economic slowdown, sparked by the mortgage mess in the U.S.

Now, I don’t mean to make light of a serious situation. I know that a lot of very big companies have been caught with their pants down, so to speak.

And I know that many good, honest folk have lost a lot of money — or even their jobs — as a result of the current crisis, through absolutely no fault of their own.

But that DOESN’T mean you should hide your head in the sand and wait for “the good times to roll” again before you embark on a new business venture!

The truth is, NOW is the best time to grow your business! by learning the business from Internet Millionaires Mastermind (if you are Malaysian) but if you are from the US get your learning process here.

Businesses that are launched in hard times are better equipped to survive than the ones that grow bloated and fat during times of surplus spending.

But in order to thrive during an economic slowdown, you need to know how to do things the smart way, and not waste money you don’t have on strategies that won’t work.

Today I’d like to share with you 5 cheap and easy ways to grow your business.

By implementing these strategies, you’ll be able to acquire new leads, strengthen your relationship with existing customers, AND add new streams of income to your business.

… And all that mean MORE money in your bank account!

Without further ado, here they are:

Business Turbo-charger #1:
Generate passive income with a niche site

If you’re looking for an extra source of income, this one’s for you!

A niche-centered Internet business is the best way to profit from a downturn… Because the cost of entry is lower than any other business and the upside is enormous.

On top of that, an Internet business is very forgiving. You never have to “bet the farm” on an Internet idea. If something isn’t working, you’ll find out right away and you can either fix it or move on to something better.

(Just be sure to take the time and do the necessary research to prove the niche is actually a profitable one!)

Business Turbo-charger #2:
Join affiliate programs that align with your current business model

This is the fastest and easiest way to add a new stream of income to your business, guaranteed.

Your existing customers are three times as likely to buy something from you as a stranger who has no experience with your products. So how do you get these people to buy from you again if you only have one product?

Simple — you offer them an affiliate product!

Next you need to find an affiliate program that offers such products, and add them to the “back end” of your site.

… Then simply email your list special offers for these products — and mention them on your site, in your newsletter, and your blog… and watch the extra orders come rushing in!

Business Turbo-charger #3:
Start a blog to strengthen your relationship with your customers

In turbulent times, the cream rises to the top.

… In other words, the ones who are truly successful will go the extra mile to build a strong relationship with their customers and prove that they’re a rock-solid business that always has their customers’ best interests in mind.

And starting a blog is a GREAT way to do this!

A blog helps you personalize your business, and allows your customers to get a glimpse of the people behind the website. This goes a LONG way to reassuring wary online shoppers that you’re someone they want to do business with!

Not only that… search engines absolutely LOVE the fresh and frequently updated content of a blog — which means you’ll get a great boost in the search engine rankings and drive more qualified visitors to your site!

Business Turbo-charger #4:
Widen your circle of potential partners by joining a social business network

If you’re searching for new income opportunities, a great place to look is a popular social business networking site, such as LinkedIn.

LinkedIn has more than 19 million registered members — all of whom are professional business people who are interested in meeting other people whose business interests are similar to their own.

… When it comes to looking for joint venture opportunities, new business partners, or people who are looking to buy your product or hire your services, LinkedIn is a virtual gold mine!

(Plus, it’s a great place to get professional feedback and free business advice!)

Business Turbo-charger #5:
Write helpful articles to boost your reputation and credibility

A great way to spread word about your business and boost your reputation as an “industry expert is to write free articles on topics related to your industry and then submit them to the ‘Net’s top article directories.

The benefits of doing this are twofold…

1) Your audience will become more familiar with your name, and will be far more likely to buy your products

2) The links you’ll get from the article directories pointing back to your site will give you a nice boost in your search engine rankings.

… The bottom line is, every little thing counts. In times like this, you have to do what you can to separate yourself from the pack and make yourself stand out from your competitors.

And you have to keep your eyes open for every opportunity to add a new stream of income to your business.

That’s ESPECIALLY important during an economic slowdown — because even if one of your income streams dries up, your business will continue to thrive.

With an Internet business, you never have to get locked into a losing proposition.

As long as you build your business on a solid niche, and are always looking for ways to diversify your income streams, you’ll always be able to keep your head afloat… even when others around you are drowning.

So keep your chin up — and don’t give up on your dreams!

Remember, optimism is the best antidote to any downturn.

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