
"The price war has appeared in the past two years, and it is presently becoming more and more intense." According to Chen Tao, vice president of international households at Yitong, the price war has already begun. The main reason is that the concentration of bathroom brands is low, and many companies lack the core of their products. Competitiveness, and the similarity of products, imitation products emerge in an endless stream. Therefore, in the face of deterioration of the external environment and the intensification of market competition, prices have become an important or even the only means of competition for some companies seeking to seize market share and gain living space.
Some industry insiders believe that the current low-cost promotional competition in the home industry is not equivalent to the "price war." Price war refers to the same goods you sell fifty hair, I sell San Mao, below the cost of vicious competition, do not rule out the individual companies intending to delisting rely on price war to clean up inventory, but the real reputable brand does not "lose money earning ".
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