How Would LED High Bay be Lost without Innovation

Time:2016/6/2  keywords:led high bay

When LED Lights become normal products, the innovation part of led high bay will become competition point.

The enterprises need to stand out in the crowd in order to attract customers. Price strategy is often adopted. Some set the price as low as one buck and the other will soon decrease to 9 cent. Thus the manufacturers are left with no profit. When the market is turned into a competition market, manufacturers can no longer decide the prices. By that time, what will enterprises do and what new LED lights products can they make?

Looking back and the enterprises will find themselves being left with the few amount of money after paying tax, the second hand equipment, and the hundreds of employees. And these are rather successful enterprises, the situation for the enterprises that went bankruptcy are even worse. These enterprises are too focused on production rather than the research on LED Lighting technology. With no worthy new products and new technologies, they will certainly get lost.


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