Shanghai, China -- (SBWIRE) -- 11/04/2010 -- Franklin Yao, CEO of SmithStreetSolutions, provided China market insights to Crain’s at Anne Fisher’s Executive Inbox Column. According to Mr. Yao, in the past couple of years, a much larger number of small U.S. companies have been trying to enter the Chinese market by selling consumer products. However, China is not one market, and it is important to spend the first year researching and building relationships, then developing a strategy and sales team--not the other way around. "China is so big, there's no avoiding it," says Mr. Yao, "even if you don't go to China, China will eventually come to you."
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SmithStreetSolutions is a Shanghai-based consulting and advisory company. Functioning as a business intelligence engine for China that collects, filters and analyzes information, SmithStreet provides the answers and solutions needed to create successful business and investment strategies for the China market. Since 2007, SmithStreet has provided its global clients with strategic consulting, market research, due diligence, and investment advisory services across a wide range of industries.
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