The hardware industry has the following advantages over other industries:
1. The hardware is a necessity for family life and unit operations. It has a wide market demand and ample supply of customers. This ensures that the sales growth after the start of business is stable; if anyone has experienced the purchase of plugs, light bulbs, plugs, taps, any family , offices, workshops, construction sites, all walks of life all need hardware, are potential customers, so the customer volume is particularly large.
2. There are no seasonal restrictions on hardware, and business failures such as shelf life and product preservation loss are almost negligible. Business accidents and commodity losses are the lowest in all industries; most of the commodities are still new in a few years and do not affect sales and goods loss industry. The lowest. After the product is sold, the use of hidden dangers is low, and the accident rate is low.
3. The full range of hardware products, in addition to the needs of thousands of households, the real estate, architectural decoration, building halls, factories and enterprises have a large number of goods to the channel.
4. The relatively high price increase rate in the hardware industry is also one of the important reasons why many entrepreneurs are keen to choose dry hardware.
For example, if you buy a bolt for a dollar, a lamp for a dollar, a plug for a dollar, and so on, the selling price is normal. The purchase price is only 2 to 3 cents; 4 to 5 cents. The rate of increase is sometimes as high as 100% to 200%, and the average is also 30% to 40%. It is difficult for other industries to achieve this rate of profit.
1. The hardware is a necessity for family life and unit operations. It has a wide market demand and ample supply of customers. This ensures that the sales growth after the start of business is stable; if anyone has experienced the purchase of plugs, light bulbs, plugs, taps, any family , offices, workshops, construction sites, all walks of life all need hardware, are potential customers, so the customer volume is particularly large.
2. There are no seasonal restrictions on hardware, and business failures such as shelf life and product preservation loss are almost negligible. Business accidents and commodity losses are the lowest in all industries; most of the commodities are still new in a few years and do not affect sales and goods loss industry. The lowest. After the product is sold, the use of hidden dangers is low, and the accident rate is low.
3. The full range of hardware products, in addition to the needs of thousands of households, the real estate, architectural decoration, building halls, factories and enterprises have a large number of goods to the channel.
4. The relatively high price increase rate in the hardware industry is also one of the important reasons why many entrepreneurs are keen to choose dry hardware.
For example, if you buy a bolt for a dollar, a lamp for a dollar, a plug for a dollar, and so on, the selling price is normal. The purchase price is only 2 to 3 cents; 4 to 5 cents. The rate of increase is sometimes as high as 100% to 200%, and the average is also 30% to 40%. It is difficult for other industries to achieve this rate of profit.
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