How the Chinese New Year will Affect your FBA Business! Tips to Succeed!
Late production, back to back holidays, and tons on our plate; I think we can all agree that 4th quarter is insane.
Everyone is trying to maximize sales during the holiday, that they lose sight of upcoming dates that are unrelated, but equally important. The Chinese New Year is going to sneak up on a lot of sellers this season, so I want all my readers to be well informed and well prepared. If you aren’t familiar with the Chinese New Year, it is a holiday universally celebrated in China were all Chinese citizens shut down the business, school, activities for a month and celebrate their holiday. China is the world’s largest manufacturer and exporter of goods; therefore, this holiday affects trade and production of goods all around the world. It is important to stay on top of inventory levels and production lead time if you’re sourcing your product from China. Today I’m going to share with you some information about the holiday’s traditional, a suggested timeline of dates to get certain tasks done, and how to decide what inventory levels you will need during this time by using Egrow’s Live Product Scanner.