🌍This was a household paper products exhibition targeting domestic distributors and enterprises. All exhibitors were Chinese companies. We encountered some lesser-known enterprises and competitive pricing here.
👉Through friendly exchanges with these companies and by understanding their products, we validated our insights into the market and products.
1. Excellent SMEs are in a phase of rapid development.
2. Products and packaging can be customized according to customer requirements.
3. Current focus is on second- and third-tier cities, avoiding direct competition with major brands in first-tier markets.
4. Strong desire to access international markets.
5. High product quality with flexibility to customize according to client specifications.
6. Products incorporate new technologies and plant-based fibers.
7. Encouraging client visits.
8. Seeking partnerships to understand international market demands for product upgrades and technological advancements.
👉When inquiring about exhibitions in tier-one cities, we observed consistent responses:
1. Established brands dominate tier-one markets, making it challenging for new brands to gain market share.
2. Rising incomes in tier-two and tier-three cities drive steady consumer demand growth, where regional brands capture market share through new technologies and high cost-effectiveness.
3. Quality-of-life expectations are rapidly increasing in tier-two and tier-three cities.
4. While brand recognition is low, quality and new technologies can achieve strong repurchase rates.
5. Flexible responses to customer requests can meet commercial needs—e.g., promotional gifts, souvenirs...
6. Exhibition costs in first-tier cities are high, with subsequent operational expenses also significant.
🤝We hope these insights spark your interest and would also like to explore viable strategies with you. In our next article, we will share further observations from another exhibition to present our perspectives.
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