H2 2019: Vape Export Market Reshuffle Leaves Small Players Struggling

The owner of an e-cigarette foreign trade company in Shenzhen said that the e-cigarette export market is gradually maturing and it is not as easy to make money as in previous years.With more and more players, more products, and greater competition, exporting countries are beginning to be picky about prices and reduce costs.

——Therefore, just being an intermediary is no longer feasible.Customers need to eliminate middlemen and work directly with factories to build cost advantages.

Last year, they experienced collusion between two factories and major customers.This time, they decided to learn from the pain. They held a 51% stake in the newly built factory. In fact, they had become a factory, and foreign trade was only one of the core functional departments.

the stronger the strong

AI artificial intelligence has become more and more mature.Shenzhen exhibitions have exhibited various artificial intelligence devices many times:The robotic arm hangs the sky;Intelligent production...

As the industry matures, big players make money and obtain high-quality big customers. They can invest heavily in smart devices and eliminate workers from cost and management. In this way, they have insurmountable advantages for small players.