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Solar Street Lamps Should Resist Vicious Competition at Low Prices

In this chaotic solar street lamp market, only by ensuring the price can the quality be guaranteed. Only with appropriate profits can there be appropriate quality assurance. Manufacturers will not do business at a loss. Low prices must be the starting point to reduce the cost of products. In addition, low prices will also cause no response after sales, and consumers will face the dual pressure of quality and after-sales after buying inferior products. Standardize the market, customize reasonable prices in the market, and resist vicious competition at low prices.

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.

Solar Street Lamps Should Resist Vicious Competition at Low Prices 1

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