Appliances Offer Up 3% Profit Margin Own Brands Big
Appliances Offer Up 3% Profit Margin Own Brands Big
By the depreciation of the dollar, rising raw material prices, labor costs and other aspects, the enterprise is facing severe export situation. In order to resolve the operating pressure, Foshan exhibitors products generally offer up 3% to 5%.
Yesterday (April 15), No. 103 Session of Chinese Export Commodities Fair opened, Foshan, a total of 347 export enterprises attend. By the depreciation of the dollar, rising raw material prices, labor costs and other aspects, the enterprise is facing severe export situation. Reporters learned at the show site, in order to resolve the operating pressure, Foshan exhibitors products generally offer up 3% to 5%.
Liu Cheng Foshan Booth jumped more than last year
News from Foshan Foreign Trade Bureau, the city exported a total of 347 exhibitors and 104 buyers participated in imports, a substantial increase in the total number of exhibitors, a record high total of 986 enterprises Foshan standard booths, jump over last year Liu Cheng more.
Reporter found in the export exhibition, Foshan company's products offer a general increase over last year. Among them, small home appliances prices rose about 3%, building materials, furniture, hardware and other enterprise products offer up by about 5%, clothing, furniture, hardware and other products offer a unique Foshan rate increases of about 3% 5%.
Foshan Exhibition Building a site analysis that business executives, labor costs in the enterprise, recent times to the weak dollar, rising raw material prices generally under the influence of various factors, export production costs will be Jin Yicheng. "The export enterprises face great pressure to be profitable, if not simply raise prices, rising five percentage points is to let buyers and sellers to share production costs with the growth of the pressure."
Greater profit margin own brands Independent innovation of new products is the trade fair exhibitors Foshan, the biggest bright spot. Reporter at the scene, the Canton Fair booth area, Foshan enterprises are large, only the United States of a company's booth will have more than 650 square meters total area. Exhibition of products, such as new environmental protection energy-saving appliances, elegant furniture with independent property rights, the appearance of the most sophisticated products attract foreign attention, becoming the largest features of Foshan exhibitors.
It is understood that foreign investors own brand products not only greatly favored, and more profitable. Guangdong Import & Export Co., Ltd. Insight Manager Liao Yun children, last year the company exported products worth up to 120 million U.S. dollars, but are OEM for foreign household appliances, furniture, hardware, profit margin is very small, now costs, if prices are not may lose money, "out of the situation, household appliances and furniture have established its own brand group, corporate R & D team has also established its own innovation research, this way, the profits are relatively high, about 10% of the profits."
Fair on the first day: Ceramic case of cold appliances popular
As with the previous Fair, home appliances, building materials remains a key industry of Foshan exhibitors. The city a total of 76 appliances exhibitors, 297 booths of 87 companies building materials industry were 163 booths, the two industries accounted for nearly half of the total number of exhibitors.
However, the Canton Fair the first day of home appliances, building materials, the situation of two very different industries. As the impact of the subprime storm, most enterprises are expected to decrease in export orders, but yesterday at the Fair Foshan household electrical appliance enterprises have performed pretty well, did not show a reduction in interest transactions, relatively inexpensive high quality household appliances is still foreign Foshan popular favorite. U.S. company staff told reporters that a deal yesterday with the intention of the initial total amount of business close to 1 billion U.S. dollars, not less than last year.
Compared with household electrical appliances are still hot, building materials industry appear so has left out, especially the architectural ceramics business. Industry insiders, the reason why ceramic industry downturn, and the real estate subprime mortgage crisis triggered by the relative air temperature. Although the product costs increased almost 10%, but in order to attract more customers, Foshan ceramic enterprises do not offer a significant rise. "Our prices and last year, the tiles is about 5 dollars for one square meter," Ou Shennuo Ceramics Company, said the head of Miss Pang, yesterday reached a preliminary intention to 380,000 U.S. dollars, "Today is the first day, we can not judge this year the situation. "
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