James Tiffany
Jiangmen City (CHN)
Role(s):
Founder/Owner/Principal
the Home Shop Ltd
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Startup
Location:
Jiangmen City
Industry:
Retail/Clothing
Year Founded:
2008
Number Employees:
1-10 people
Description:
The Home Shop Ltd. is a company currently in the concept stage, designed to function as direct selling platform for select USA manufacturers of personal care (URL removed)s is a direct selling company specifically developed for the China market and intended to share in the 550 million urban population base. Currently companies such as Amway and Avon are amoung the companies operating within this market segment. This market has enjoyed double digit growth every year since 1998 and total sales recorded in 2002 were 46 billion Yuan (over 6 billion dollars USA)(URL removed)t figure may be almost double by the current year. This company differs from the competition in that it doesn't use MLM (multi level marketing) unlike the above mentioned companies. The Home Shop Ltd approach is designed to function within the framework of government rules in China and does not need the level of investment usually required to obtain special licensing from the central government. I addition the company selects products from several leading manufacturers of certified all natural cosmetics and personal care products.