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Price Increase Due To China’s Industrial Updating

October 15, 2021

Recently, in order to promote industrial upgrading, reduce energy consumption, reduce carbon emissions, and achieve carbon neutrality at the national level; at the same time, in order to avoid further harm to my country's national interests due to unlimited money printing by the United States, the country has adopted mandatory power restrictions. Production policy, many factories are forced to shorten the start-up time and reduce production capacity, causing labor costs and raw material costs to rise. According to authoritative sources, this situation will continue for a long time until the United States stops frantically printing money due to the improvement of the domestic economic and political situation such as the epidemic. Manufacturers or merchants that strategically engage in malicious competition will be eliminated, and only those with brand competitiveness and core technology will remain. Therefore, the situation of killing each other at low prices will be gone forever.

Based on the above background, in order to better serve our brand agents, distributors and OEM customers in various countries around the world, ICOLOR will do its best to do the following work in the coming time:

1. Do a good job of production management and quality control as always, and meet customer needs with the best quality and reasonable price;

2. Continuously develop new products and put them on the market as soon as possible, so that our customers can seize the opportunity;

3. Continue to do a good job in brand marketing, further enhance the awareness and reputation of independent brands, and bring more added value to customers;

4. Continuously optimize after-sales service to bring customers a better experience;

At the same time, ICOLOR will give our customers the following suggestions,

1. Do the necessary marketing and brand positioning so that more people will recognize your brand, instead of attracting customers by blindly relying on low prices;

2. Properly adjust the sales strategy, properly expand the sales team, sink sales channels to small and medium cities, and appropriately increase profits;

3. Strengthen the after-sales service and obtain more loyal customers;

We believe that after a period of adjustment, China's industrial upgrading will further break through the monopoly of European and American countries, and bring good news to the world with high-quality and reasonably-priced finished products. MADE IN CHINA will be synonymous with high quality! Believe me, this day will come soon.