Categories
Contact Us

Address: No.1 Dongsan RD, Xinlian Industrial Area, Lishui Town, Nanhai District, Foshan City, Guangdong Province, China
Mob: +86-13826111091
Tel: +86-757-85619957
Fax: +86-757-85619955

Email: hyh5@china-hyh.com


News
Home > News > Content
Choosing The Right Business Model, Lock Companies Gain Growth In Adversity
Oct 18, 2018

Choosing The Right Business Model, Lock Companies Gain Growth In Adversity

       In just a few years, the Internet has developed rapidly, and it has injected new vitality into the 

traditional industry while impacting traditional industries. The combination of home building materials 

industry and the Internet is getting deeper and deeper. Using the Internet to upgrade services and 

expand channels has become a new way and a new starting point for many lock companies. 

Nowadays, the economic situation is getting more and more serious, and the market environment is 

becoming more and more complicated. Lock companies choose their own business model and will be 

able to harvest and grow in the face of adversity. 


Use O2O entities, virtual combination

       As we all know, in the past two years, the concept of "Internet +" has been rampant. Since the term 

"Internet +" has been spread, more and more lock companies have "electric shock", and O2O has 

become a hot development model. Some of the powerful lock companies, for the development trend 

of O2O, have also taken active actions to fully utilize O2O to help consumers conduct online selection 

and offline experience. This model fully respects the special category of locks, which is from the online 

to the offline, and uses the high-quality, comprehensive style products of the experience store to 

conquer the consumers with professional and considerate services, thus gaining good reputation and 

good. Sales.


        It can be seen that although the lock industry is a traditional manufacturing industry, it can also use 

virtual networks to bring benefits to enterprises in a timely manner. As the saying goes, only by 

combining the real economy and the virtual economy effectively can we plan and win thousands of 

miles away.


Light stock breaks the unspeakable

       Inventory can be said to be the unspeakable pain of traditional lock companies. In order to break 

this situation, lock companies should strive to build a light inventory model from the entire industry 

chain, and win more time and cost for design, research and development, production capacity, market 

operations and other aspects. A strong lock brand can establish a production base in large areas of 

the country. In this way, the lock company can have rapid response capability and good autonomy in 

the entire upstream production process, so that the focus is on design R&D and market operation.


        Guided by a strong design team and a keen market sense of scent, lock companies can effectively 

shorten the time interval between new products and the first order, thus effectively reducing inventory 

and obtaining faster turnover, which means more cash. Flow, the less stress and risk. The light 

inventory model can help enterprises actively respond to consumers according to the response of the 

season, and adjust the product line according to the needs of consumers. Don't worry about the 

pressure of inventory, let the products reach the consumers faster.


        In 2018, there are still many difficulties to be overcome in the lock industry. Lock companies should 

not blindly follow the trend in the choice of business model, and take the road that suits them to 

create a new world.


  • Newsletter
  • Categories
  • Contact Us

    Address: No.1 Dongsan RD, Xinlian Industrial Area, Lishui Town, Nanhai District, Foshan City, Guangdong Province, China
    Mob: +86-13826111091
    Tel: +86-757-85619957
    Fax: +86-757-85619955

    Email: hyh5@china-hyh.com


  • QR Code
  • Copyright © Guangdong HYH Hardware Industrial Co.,Ltd All Rights Reserved.