Leather handbags from Cotacachi Ecuador.
Handbags is just one type of export from Ecuador but opportunity for Ecuador handbags is growing.
Here is why:
Newswire.com stated in a 2010 Handbag Retail Report: Over the last few years, handbags market has witnessed a sea change which has resulted in the entire shift in its value chain with handbags production being shifted to low-cost countries like India, China and at the same time new channels of distribution emerging like online retailing. Also, change in the consumer preferences like growing demand for eco-friendly handbags has forced the companies to change and adapt their strategies according to the changing consumer preferences. The key trends witnessed both in the US and EU handbag market is the growing demand for branded handbags from China and India as per capita income is rising in these markets fueled by high economic growth rates. Another trend witnessed is the growing importance of eco-fashion, resulting in the shift in consumer preferences. This has resulted in a shift in manufacturing process, as some handbags now being made from old wrappers, cartons and other waste materials.
Ecuador is the perfect place to create high end eco friendly handbags such as Chigras, the bags made from plant fiber.
Here is an Ecuador craftsman scrapping leaves of the Aguave plant to create…
fiber to make Shigra bags like this… green… hand made for the wearer. Maybe $30 retail and they could look better than the Fendi!
At International Living’s recent Ultimate Event, I share ideas about Ecuador exports with 375 delegates.
We looked at ideas on exporting Ecuador roses.
I showed delegates really inexpensive Ecuador hand man suits.
This is a brand new hand made suit for just $275. (The Panama hat was $9 extra).
The key to success in an export business is passion and many delegates met our friend Steeny Harvey who was selling exports at the IL Event. Her passion is a children’s school and she told us that she raised $746 for the school. Here is Steeny.
Here is a photo of our booth at IL’s Event and Bonnie Keogh who leads our Ecuador export tours. Bonnie gained great success selling exports at Cultural Fairs in New England.
The fact that modern technology allows small businesses to turn passions into profit is perfectly time because inflation is robbing the purchasing power of our currencies and Baby Boomers have started to retire.
Many of pensions and social security will be severely squeezed by inflation, leaving boomers with few options.
#1: Keep working at bad jobs
#2: Move to less expensive areas within the US
#3: Export their retirement
#4: Live in near poverty
#5: Invest in better ways
The best investment a person can make is in their own small business and the ability to earn wherever you live or go.
60 million boomers will retire over the next 20 years. We boomers are the most spoiled group of consumers as a demographic class that has ever existed on earth. We were promised the world. We were given the world. Now the magic is about to disappear.
Those who learn how to use modern technology have the best chance for truly enjoying the golden years as we enjoy the process of earning extra income. To help our readers earn extra income we have created three courses.
Learn more about them here. How to have an international business.
In the old era, people worked to earn so they could use the money to have some fulfillment and fun. Join many of our readers who are reversing their lifestyle… doing what they love and figuring out how to earn in the process.
Many people have a passion for handbags and fashion s here are some Ecuador handbags we viewed on our last…
Ecuador export tour.