what's sad is that his T-shirt is an imitation too.
i see so many copycat hollister/abercrombie shirts in east asia.
and those brands were 'trendy' 6+ years ago!
Actually, Hollister and A&F recently opened their flagship Asia stores in HK (which is a 45min train ride to Shenzhen), with obviously a lot of marketing push. From a biz perspective, Asia is the next gold mine, and with A&F/Hollister failing in the states, it makes sense...from a client perspective- OOOooo shiny and new....
you only sound ignorant when you write (with incorrect assertiveness) that his "t-shirt is an imitation too"
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Apple hasn't started selling iPhones online and they do a lottery to pick spots so when you reserve two (nobody only reserves one) for in-store pick up you have about 10% chance of actually getting a spot since a lot more people register than there are iPhones available. Yesterday in the street many scalpers were paying people to register their name on the lottery.
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The prices are higher than what Mr. Lo predicted and you can easily go to his shop and sell your iPhones for $300 profit so anyone who won that lottery makes easy $600 (which is why so few actual customers get one; not reselling it is basically missing out on easy money). If you have the balls to cross the Chinese border and sell them on the other side you can make way more but you better not get caught.
The reservation makes sense in a place like HK, where a large percent of the population have maids. For any major lineup- ppl will hire maids to sit in line (since labor is dirt cheap still) for the week, and snatch up all items...then resell in China.
I say kudos to guys like the reseller, who's able to put together an international logistical nightmare to get new iphones to his shop in such little time, and taking advantage of 'hustle'.
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As the article notes, "he has prepared "secret" couriers in U.S.." Works, something like this. He has a few Chinese goons in major markets like NY and LA go to their local Chinatowns and round up locals wanting to make a quick 50 bucks or so. Stuffs the price of whatever the local 'max' number is for iPhone purchases and sends hundreds of these idiots to stand in line when the local Apple Stores open. You'll see them.....irritating as hell....tens of dozens of Chinese grabbing up iPhones. They then turn them over to his 'secret couriers' (crooks) for quick flight to Hong Kong. Customs at the airport is also 'on the take' and in comes hundreds of shiny new iPhone 5's. Who suffers? Why the American citizen customer in America who wants an iPhone but finds, 'sorry we are out of inventory' thanks to these scumbags.
LMAO. instead of blaming those that take advantage of loopholes, why not blame apple for not creating enough supply to quench global demand...they have the capacity to...but they don't. why? because lack of supply can enhance demand...
And before you argue about blaming someone for taking advantage of loopholes- here's another example. Credit card companies- they offer large airline mile bonuses for those who sign up. There are ppl out there who a)actively search, and b) will sign up, use it just to get miles, and then get rid of card, or cycle to get the additional bonuses. This is generally accepted by the majority of people out there as ok...but the effect of more ppl having airline miles= harder to get reward seating for those ppl that got airline miles from actual travel....