Where is Luohu Commercial City, Need a guide?

After the Canton Fair in Guangzhou, many foreigners want to visit Shenzhen, where exactly in Shenzhen do they want to have a look, what markets will interest them?

There are 2 big shopping areas that you might want to visit:

Huaqiang Bei electronics marketplaces: There are over 20 buildings where you can find all different kinds of electronics parts, components, accessories for mobile phones, tablets, computer and industrial devices.

Dongmen Shopping Area: Here you will meet a lot of young girls who come from all over Shenzhen for cloth and shoe shopping.

The most interesting place for foreigners is Luohu Commercial City.

If you have problem finding this place, you can send a text message to +86-15915484313, we will send the building name in Chinese to you so that you can show it to a Taxi driver, when you arrive and you still can’t find it where exactly it is, we will have someone to guide you to this place.

Luohu Commercial City is a building with 7 floors where you can buy sunglasses, watches, clothes, leather belts, wallets, handbags, suitcases, jewelry

Where is this Luohu Shopping Mall so interesting to the foreigners?

1. Foreigners also call it Copy Place or Copy Building, it means that you can see a lot of big brands that many people can’t afford to buy in their daily life, but here most of the people can afford it because the prices here are so reasonable (relatively reasonable but you can still negotiate down to the prices you like), the quality is not as good as original, but if you can find a good copy, the quality is not bad too, it is totally worth the money you spend.

2. Many sellers here speak more or little English, communication is not a problem here. However, some of the sellers might not speak very good English and you need better communication, or you just want to negotiate down to the prices you like, or you can want to make sure that you are getting some good quality items. In any of the cases a local guide here will help you a lot.

It is not easy and not cheap to come all the way from your country to Shenzhen and you want to make it worth for your trip, you will need to come to Luohu Commercial City and find something for family and your friends as gifts, they will like it but please be honest to them that they are not original, they are just good copies, and you still like the quality.

In case you don’t search my post, you can also try to reach us by Lowo Shopping Mall, Lowo Copy.

International Trade Agents

Many people believe that they can make a lot of money when they do some international trading business, however, international trade business is not as easy as you think, and international trade is probably not as profitable as you expect.

1. International trade is more complicated because it involved with import and export, international shipping, language and culture barrier, international payment. There is import or export duty that you need to check, some items are easy to import and export, some of them are not. You need good packaging when you do an international shipment, and it takes longer and costs more than domestic shipping, if you don’t speak your trade partner’s language or your trade partner’s language, you might need a translator’s help. International payment transferring might cost you some fees as well, and there is limit to transfer the payment crossing the borders, for example, Paypal charge you 3.9% + fixed amount per transaction, Western Union charges you with a fixed amount which is quite high, and there is a limit for cross-border transaction.

2. International Trade is not as profitable as it used to be because of the Information Technology, it is much easier nowadays to find leads, easy to find your international trade partners. There can be less or no middle man in between you and your trade partners because of websites. Many suppliers from China can easily set up an account on Alibaba, and there are so many competitors on Alibaba, they have to lower their profit, so some prices that you see on the website are actually too low, sometimes they are even lower than the local prices, because they want to attract the customers to send them inquiry. And eventually you will find out that the lowest prices always have some problems.

3. Many people have a wrong consumption that if you go direct to the manufacturers of product, they can get a better deal, well, this is a wrong idea, with the Information Technology, there is no difficulty for the manufacturers to post their information online, and you will have no problem to find them, however, some manufacturers don’t want to deal with every customer, they just want to deal with a few big distributors or trading companies, because they don’t have much time or they don’t want to focus on customer services and international trade, it is much easier to sell to a few big distributors and pass the customer leads to their distributors, when they receive a new customer inquiry, they just give it to their distributors. If you are new in international business, it is better for you to start dealing with those “middle men” because they give you better customer services and they are willing to sell to you in a small quantity, when you are set up with your sales channels and you can handle in big volumes you can start to talk to the manufacturers.

To avoid the middle men and still want to get the services provided usually by the middle men, you need to have an international trade agent who can provide you services like import and export documents, international shipping, translation, and cross-border payment handling, then you can deal directly with the manufacturers if your MOQ meet their requirements.