Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
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Joygan
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by Joygan » Thu, 29 Dec 2005 4:06 pm
I'm toying on the idea to import theme partyware in Singapore. I was thinking of just doing it as a home based business but also evaluating other ways to sell the products. Any suggestion??
Q: Would Singapore parents willing to spend big bucks on their kids when preparing their kids birthday? Say average $5-$8 per kid for a party pack.
Your reply is most appreciated
Cheers,
Joy
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vandals
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by vandals » Thu, 29 Dec 2005 6:37 pm
nowadays kids are so pampered i don't see why they wont take out $5-$8 per kid for a birthday party. Lotsa kids today are studying at nurserys and kindergardens which cost $1000+++ per month.
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Joygan
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by Joygan » Thu, 29 Dec 2005 7:03 pm
Thanks dude for your reply
I hope I can hear more positive reply from more

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James**
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by James** » Thu, 29 Dec 2005 7:49 pm
Definitely, eevry parent spends to celebrate their kids birthdays..
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Joygan
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by Joygan » Fri, 30 Dec 2005 8:04 am
But I did some survey, some feedback from parents is that they won't pay additional for nice partyware and later just throw it away.
That's why I'm trying to do more survey and have feedbacks to evaluate.
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vandals
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by vandals » Sat, 31 Dec 2005 2:48 am
perhaps you didnt seek the survey of those parents who are loaded? heh

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Joygan
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by Joygan » Tue, 03 Jan 2006 8:41 am
So say if I decided to start the business in singapore, what would be the best way to "reach" the loaded parents then
If I can find half of that group and all of them buy, HUALA, BINGO

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hiccup
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by hiccup » Wed, 04 Jan 2006 1:46 am
Evaluating ways to sell is more important than anything else.
My friend and I tried to set up business but unfortunately, lucky lady is not waving at us. - Unsuccessful. Both of us are from Engineering background and we knew nothing about business. By the time, we knew it was so difficult to penetrate through local market, it was already late. Nevertheless, we (up till now) apologised to each other repeatedly.
Be prepared that money invested may not be recovered. This friend of mine still can smile from ear to ear even without single cent in return after a long try. Wah lau eh…, time lost is the most precious and nobody can recover time and energy lost.
No harm give it a try!
The members here will give you moral support!
Professionalism means consistency of quality. Frank Tyger
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Vaucluse
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by Vaucluse » Wed, 04 Jan 2006 11:28 am
hiccup is spot on - evaluate the market . . . and that takes you into spending a bit of money that may show you
a) lost your initial dollars, but potentially saved you lots more
b) this is a worthwhile project and you should pursue it
......................................................
'nuff said

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Joygan
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by Joygan » Thu, 26 Jan 2006 4:07 pm
Im in Singapore now and doing some market research and meeting some people (potential clients) I hope they will eventually la..
But to my surprise, there's lots of "pirated" staff specially kids items and very fast available in the market too.. for example: chicken little is everywhere!!!
I'm disappointed and being discourage about it now... Ofcourse I cant compete with pirated cheap goods and people I spoke to said that they will rather pay for a lower price being it a pirated or not, it doesnt really matter.

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prodigy
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by prodigy » Sat, 28 Jan 2006 12:08 am
Joygan wrote:Im in Singapore now and doing some market research and meeting some people (potential clients) I hope they will eventually la..
But to my surprise, there's lots of "pirated" staff specially kids items and very fast available in the market too.. for example: chicken little is everywhere!!!
I'm disappointed and being discourage about it now... Ofcourse I cant compete with pirated cheap goods and people I spoke to said that they will rather pay for a lower price being it a pirated or not, it doesnt really matter.

Nice partyware are readily available (and also very cheap) at Concourse shopping centre. Not many people actually bother paying a premium over something they would just use for 2-3 hours...
8)
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bright_wave
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by bright_wave » Sun, 30 Apr 2006 10:21 pm
prodigy wrote:Joygan wrote:Im in Singapore now and doing some market research and meeting some people (potential clients) I hope they will eventually la..
But to my surprise, there's lots of "pirated" staff specially kids items and very fast available in the market too.. for example: chicken little is everywhere!!!
I'm disappointed and being discourage about it now... Ofcourse I cant compete with pirated cheap goods and people I spoke to said that they will rather pay for a lower price being it a pirated or not, it doesnt really matter.

Nice partyware are readily available (and also very cheap) at Concourse shopping centre. Not many people actually bother paying a premium over something they would just use for 2-3 hours...
8)
Hi,
well, I do know that in the concourse shopping centre, there are 2 or 3 shops next to one another which sells partywares and foodstuffs such as chocolate, crackers etcetc. They are quite popular actually, lots of people and companies go there to buy stuff for festive decorations, and partywares. I suggest you go check out what they sell there to see who you are competing with. They have a good selection though.
good luck!

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