Living in NZ poses several problems or challenges. Among the biggest challenges are:
1. The high cost of products - clearly price mark-ups are very high because retailers are unable to get adequate returns, but more likely its a case of inadequate competition. Thus the company with the best distribution-sales model wins the bulk of the market.
2. The small range of products - there is a small amount of product to choose from.
3. The low currency - the NZ dollar has weaken considerably over the last 50 years. NZ used to attract premium prices for its exports. Today, its terms of trade are far worse.
If one chooses to NZ there are few opportunities to overcome these unfavourable challenges, but there are several common approaches:
1. Second hand goods: There is the opportunity to buy products online at sites like TradeMe, or from garage sales.
2. Buy online: There are opportunities to buy products online direct from the manufacturer. The attraction of this strategy is that you are buying direct from the manufacturer, or near-so, you are avoiding a huge mark-up by the distributor and retailer, and you have a far greater range of product to choose from. Living in Australia & NZ I am accustomed to a lack of product choice. Online the choice is wide-ranging. There is a trust issue finding a credible manufacturer, so you need to search for a credible supplier online. My GF does the marketing for Modern Tailor, but you can find others online. They sell tailor-made business shirts online.
There are of course a great deal of products which can be bought online. There are however logistical, order size, risk and other issues buying online from some suppliers, so its nice when there is a business who offers an online presence which offers all the convenience you could want.
1. The high cost of products - clearly price mark-ups are very high because retailers are unable to get adequate returns, but more likely its a case of inadequate competition. Thus the company with the best distribution-sales model wins the bulk of the market.
2. The small range of products - there is a small amount of product to choose from.
3. The low currency - the NZ dollar has weaken considerably over the last 50 years. NZ used to attract premium prices for its exports. Today, its terms of trade are far worse.
If one chooses to NZ there are few opportunities to overcome these unfavourable challenges, but there are several common approaches:
1. Second hand goods: There is the opportunity to buy products online at sites like TradeMe, or from garage sales.
2. Buy online: There are opportunities to buy products online direct from the manufacturer. The attraction of this strategy is that you are buying direct from the manufacturer, or near-so, you are avoiding a huge mark-up by the distributor and retailer, and you have a far greater range of product to choose from. Living in Australia & NZ I am accustomed to a lack of product choice. Online the choice is wide-ranging. There is a trust issue finding a credible manufacturer, so you need to search for a credible supplier online. My GF does the marketing for Modern Tailor, but you can find others online. They sell tailor-made business shirts online.
There are of course a great deal of products which can be bought online. There are however logistical, order size, risk and other issues buying online from some suppliers, so its nice when there is a business who offers an online presence which offers all the convenience you could want.
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