[Stationery schoolbag] 'toocheap' product fell out of favor at Canton Fair

by:Yourijiu     2021-08-16
The second phase of the Canton Fair closed yesterday. Exhibitors generally said that the popularity is good, better than the previous one. Customers rejected toocheap products. The second phase of the 106th Canton Fair has come to an end. According to preliminary statistics, the first and second phase of the Canton Fair for stationery schoolbags (excluding Guangzhou... The second phase of the Canton Fair closed yesterday. Exhibitors generally said that the popularity is good, better than the previous customer’s rejection of toocheap products. The second phase of the 106th Canton Fair has come to an end. According to preliminary statistics, the total turnover of the Guangdong trading group (excluding the Guangzhou and Shenzhen trading groups) of the stationery schoolbag 1st and 2nd phase enterprises is about 6.12 billion U.S. dollars, an increase of about 20%. Statistics from the Light Industry and Commerce Association show that the light industry products are sold this year. The total amount has increased over the same period of the previous year. As of October 25, the total transaction volume was 4.248 billion US dollars, an increase of 14.48% over the same period of the previous year, but it was still down 2.43% compared with the same period of the 104th year. Stationery school bags and exhibitors told reporters , The merchants are more generous, and they are far less sensitive to prices. High-end products are selling again. Ms. Zeng from Qingdao Guoqiao Company even said that some of the low-priced products they had previously prepared for the financial crisis were rejected by customers because toocheap( Too cheap), and high-end exquisite products with a price increase of 30 to 40% have become popular. The transaction has increased by more than 5 times. The second phase of the Canton Fair mainly exhibits daily consumer goods, gifts and home decorations, most of which belong to Light industrial products. Although the conference has not yet calculated the total turnover of the current period, the reporter learned from the Light Industry and Commerce Association that most of the products have increased in varying degrees compared with the same period last year. The products with the largest increase in the export transactions of stationery schoolbags are pearl products, Plastic toys and glass containers increased by 559.7%, 107.48%, and 92.59% respectively over the same period of the previous session. At the same time, the number of merchants increased from the previous session. As of October 26, there were 146,606 merchants attending the conference, an increase over the same period of the previous session. 10.58%, an increase of 5.81% over the same period of the 104th session. The transaction with Europe still ranks first. The total transaction with Europe is US$1.75 billion, accounting for 44.87% of the total transaction. The total transaction of stationery school bags to Asia is US$960 million, accounting for 24.7 of the total transaction. %. The export share to emerging markets such as the Middle East has increased slightly, while other traditional export markets such as Europe and the United States have decreased slightly. The customer said: It is so exquisite, of course it must be expensive! Our customers have increased three or four times compared with the previous one! Guangdong Ying Zhou Zongyou, general manager of Hao Company, said quite happily. Zhou Zongyou said that the final transaction volume is expected to increase by about 30%, which greatly exceeds expectations. There are still two months away from the traditional Christmas in the West, and the export of Christmas gifts is trending. Attention. According to data obtained by the stationery schoolbag reporter from the customs department, in the first three quarters of this year, Guangdong Province exported a total of US$640 million in Christmas products, a decrease of 14.4% from the same period last year. Ms. Zeng from Qingdao Guoqiao Company also introduced to reporters. Happy. The company's turnover at this session of the Canton Fair has fully doubled from the previous session. If the last session of the customer was still calculating with us for the price, this session seemed much more generous. We launched some stationery schoolbags. High-priced new products, there is still a little frustration when quoting customers, I am afraid they can't accept it, I didn't expect the customers to say that they are so exquisite, of course they have to sell this How expensive! We are all very happy. she says. There is no market for good things. To be honest, we have not been greatly affected by the international financial crisis. Tan Dezhong, general manager of Shenyang Xinsida Arts u0026 Crafts Co., Ltd. said that when peers generally feel that the situation is not good, the company's exports have remained stable; now that the situation has recovered, their business has improved. To put it bluntly, stationery schoolbags are better products. As long as we continue to innovate, good things will always have no market. But the recovery of the situation does not mean that everything will be well. Visionary companies are already considering their next strategic plans. Tan Dezhong said: After the reshuffle of this crisis, the market environment has changed. Although the cake is smaller, there used to be 20 people to divide it, and now it may become 10 people. This is a good thing and a bad thing. Because companies that can survive are bound to be stronger, the competition we face will also become more intense.
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