Textiles and Apparel Blog : June 2008

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Relative Cost

Posted by tforcucci Jun 19, 2008

Hey factories >>> What does it cost you to get a new client? How long does it take? How do you get a new client? Up until recently most factories get business through word of mouth (which is always nice) , by getting on a plane and flying to visit a customer, by setting up a booth at a trade show, or some other costly way of knowing about the business that is out there (such as paying typical 10% commissions to agents to bring them the business). This is expensive stuff regardless if your factory is in Latin America, Asia, Eastern Europe, or Downtown Los Angeles.

Do you know that for less than the cost of a single business class ticket to most of the long haul destinations you would go to to find a client, you can have access to MFG.com Textile marketplace of buyers who have posted RFQs for products they need produced now. A business class ticket from Atlanta to Shanghai today is selling for $13,000 and that gets you one roundtrip. Textile and Apparel factories can have access to the MFG.com textiles marketplace for half that and the access to the buyers lasts you 365 days. Think about the relative costs of acquiring new client relationships and you will see that MFG.com is the best deal out there for factories that want to keep the machines running. 747.jpg

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