Becoming a distributor

triplefire

Strongly considering becoming a sole distributor for a particular health device.

Atm, it is not popular due to the high retail price, and lack of long term research for the device. Only a few hospitals in Europe have started to use this device, and has reported great success treating a certain disease.

I am located in Asia, Hong Kong, and I would like to start becoming a sole distributor.

My concerns;
1. High retail price
2. High wholesale price for distributors.
3. Lack of market response for brand new treatment device. (I believe if its well known then there would be more than 3 distributors in Hong Kong)
4. Need big space to store such a big medical device.
5. Competitors provide a similar device, but with much less technology involved, and the design is much outdated.

I believe it is a risk to take. No risk no gain is my belief.

My goal is to become the sole distributor in South Pacific region, renting serviced offices across major cities.

I plan to hire multiple engineers from different major cities to learn this device, in case of repairs for the South East Asia market.

Any suggestions would be greatly appreciated.

Cheers

edwardmason

Its a good idea. About your concerns, you can look for investors that you think might be interested on this start up. Start meeting possible investor and present your business plan, convince them why it is worth the investment - the advantages of offering a high-end health device. Create a good presentation, prepare really good business cards and other printed materials prior to these meetings. Seriously, business is about taking risk.

edward222

Just take the road of risk, because every business owners that walk in road of risk are already reach the road of success. Honestly you have a good business just dont be afraid.

Chingchi

I am located in Asia, Hong Kong as well. Have you made the decision on the distribution? Maybe we can share some thoughts.

triplefire

Hello members, thanks for the input. I have followed my gut feelings, and started the business.

"If we want to get somewhere we have never been, we must do something we have never tried."

Cheers

Chingchi drop me an email [email protected]

Wallis

Hello, I am in Shenzhen.China. If your health device need agent in china, you can consider me.

triplefire

I don't think the device could be imported into China because it may need registration.