To improve the market share of LED solar street lamps and achieve higher profits, we should take the initiative through solar street lamp technology innovation and new product development. Many enterprises only rely on one product variety to participate in the market competition in an all-round way, and wait until the market is saturated before they launch new varieties.
However, different consumers have different price sensitivity to different solar street lamp products. They often form their own personalized consumer demand. Relying on a single product, even if the price of solar street lamp is lower, it is not easy to attract consumers' interest. It is better to carefully evaluate and distinguish the price sensitivity of different customers in the market, Develop products suitable for different market segments.
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