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electrical tools

Like many in China accelerate development of the world top 500 companies, the German visitors in the group chose early 2006 in the Chinese market continue to "greater strength," the group under the Ministry of expensive electric tools overall purchasing cooperative marketing partners for many years, most Western companies US 200 sales team began its "back" in China, and have paid the huge "break up fees".

Department of visitors electrical tools Wuweila Gary recently declared in an interview : "China will soon become the world's largest consumer of electric tools. You know, we made a detailed calculation, if we can complete the planned annual increase of 1% market share in China. then equivalent to 15% increase sales performance. "For the vast China market is expected to move visitors, and other multinational groups, marketing networks to be re-formed their own hands.

China too has room for imagination of the market

Reporter : Are you saying that 1% and 15% wanted to tell us that China's enormous market?

Ukraine : It is no doubt that China's market has room for imagination too. China's GDP has remained high in recent years, nearly 10% growth in the manufacturing and construction growth even close to 20%. 2004, the Chinese architectural industry has reached one trillion yuan in GDP. 2008 Beijing Olympics, 2010 World Expo in Shanghai and Guangzhou Asian Games will convene architectural market demand continued to grow, reaching unprecedented levels.

Reporter : immediate situation?

Ukraine : We now electric tools market share in China is 17% of all international trade is the famous leader. But look around the world, the results do not allow us satisfaction. 2005, the global portable electric tools market demand as much as 18 billion euros total, 70 billion euros of European market capacity, the United States six billion euros, the Asia-Pacific region market 4 billion euros, while in Japan behind China, ranked the top in the Asia-Pacific region.

Reporter : sounds, the Chinese market is not as great now?

Ukraine : not the case. If you know the global electric tools market growth is 3%, only 1% of Japan ranked first in Asia, once again, that China's growth rate is 8% and you will understand that our calculation.

To more significant investment in China

Reporter : So you will be purchasing level dealers, most Western companies US sales network and operational readiness of their pro-edge marketing and sales, and service business?

Ukraine : We buy most of the US foreign firm is to integrate the sales through their own hope in the most perfect manner close to the terminal markets and optimize our products. But we do not wish to purchase the US most Western companies reduce costs, but to a more significant investment in China. We factories in Hangzhou is the most important business world factories, many products are sold abroad, and like some DIY tools (family style with their own work) is the vast majority sold in Europe and the United States, which reflect the importance of China to our.

Reporter : visitors to the United States and most Western companies, "break up fees" is not really?

Ukraine : "break up fees" is definitely yes, but I am not saying that the specific figures, and can tell you is that this is a huge sum of money to allow the us, Western companies are the most satisfied.

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