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 LED lighting manufacturers which major in manufacturing all kinds of light fixtures like LED flood light have started a price war recently. The price of lights wholesale is lower and lower mainly because the rapid development of lighting technology. The LED lighting technology is so advanced that value-added of LED light fixtures such as LED flood light is reduced. As a result, the price of gu10 LED lamp manufacturers reached a lowest point. How to win in the price war? Here are some tips on how to respond to the price war:

1. Face the war actively. Companies with deep pockets will naturally and directly participate in the price war in order to maintain their market share which has already been acquired. In the T8 tube light price war, it seems that companies have formed the head posture.

2. Improve the quality. Price war includes quality and performance war. If lighting manufacturers develop more new products and provide a higher quality of the light effect, more humanized and more innovative lighting solutions, consumers will still be willing to pay more money on some additional features of light fixtures. For example, if the wholesale LED street light have additional advantages, it is sure to be loved by people.

3. Strategic transfer and opening up new markets are the best ways to win in the price war. Strategic shift includes the transfer of market channels and industry expansion. Small and medium-sized LED enterprises often do not have power to fight with the companies with deep pockets. Therefore, they can avoid the prickles. In different products and regions, the price war has different intensity. Niche product market planning makes enterprises survive the price war.

From my point of view, it is useful to seek new developing areas, such as agriculture, township market of LED light fixtures and export market. Seeking new developing areas can yet be regarded as a good way for the breakthrough price war. LED panel light manufacturer can not only be used outside and LED tube light can not only be used at underground parking lots. Companies manufacturing LED lights should be good at digging LED flood light features and other light features to produce more advanced LED lights.

Leiqiong is a company which fully understands LED flood light features and other information of LED lighting technology. If you are interested in wholesale LED tube lights, LED panel light and LED flood lights, you can visit LED lamp manufacturer. We are sure to provide good products and service for you.  

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