China made the necessary conditions for going to sea.
In addition to the original way of foreign trade orders, the most direct way for China manufacturing to go to sea is cross-border e-commerce, which directly sells products to end users on overseas e-commerce platforms. The advantage is that the payment is guaranteed, the retail profit is earned, and it is not affected by the reduction of foreign trade orders.
The risks are product quality control problems, inaccurate product selection and unsalable inventory. Panex WD International Group strives to solve three important conditions in cooperation with suppliers: professional manufacturing; The uniqueness of professional design; Professional warehouse transportation and cross-border product selection marketing.
Cross-border retail cooperation framework model
The three important conditions for China’s manufacturing to go to sea also correspond to the structure of product partners. Since 2023, Panex WD International Group’s export supply chain has tapped the potential of pet products to go to sea.
On December 30, 2024, it reached in-depth cooperation with Hugua Technology and Xiaohan Technology in product joint development. Hugua Technology has a team of industrial designers to participate in and be responsible for product design; Xiaohan technology has deep experience and excellent technology in pet product structure landing and finished product manufacturing; Panex WD International Group is responsible for product selection and ordering, logistics overseas warehouse configuration, and overseas multi-regional and multi-e-commerce platform marketing.
Excellent products and brand long-term doctrine
In 2024, the global economy is under downward pressure, and weak consumption has appeared in North America and Europe. The development of cross-border e-commerce has also come to a historical node, and adapting to market trends has become a difficult problem that must be faced. Price reduction is not the only way, and high profit is no longer a goal that can be achieved casually. Cost-effectiveness is particularly important. A product with high cost-effectiveness can seize the middle-level consumers with purchasing power and reduce profits in exchange for sales and market share, which is the good medicine in the weak consumption stage.
The long-term model of excellent products and brands can fit in with the cost-effective operation method. The three partners of the pet products project have reached a consensus, joined forces, and used the excellent design, excellent product quality and supply chain advantages of transportation and distribution to create cost-effective products and gain more market share.