Category: News Briefs

Classic Stories That Never Go Out of Style:

All you have to do is widen the opening of the toothpaste tube so that more toothpaste comes out with each squeeze.

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Similarly, to drive consumer spending, many products are designed with planned obsolescence — they break down once they reach a certain lifespan, forcing you to buy a new one.

For further reading:

How can you save money on everyday personal care products?

In the end, Chinese people still prefer Chinese food. Running a food-related e-commerce business around Chinese cuisine (condiments, fresh produce) used to be a great opportunity. Of course, now JD.com and Taobao have their eyes on it.

However, dominating a smaller regional group-buying niche should still be a little blue ocean.

Hidden Large Business Overseas: Making Money from Chinese People, Copy from China

This article lists some key points, agreeing on whether and how to exit—especially the exit mechanisms under different business conditions (exiting while losing money can easily lead to arguments). Make sure to clearly divide up the money when exiting.

[Bookmark] Opening a store without turning friends into foes: how to draft exit clauses for partnerships | Store Opening Notes