In the future, hardware and electromechanical business will be further concentrated in the big market（1）

How to develop hardware and electromechanical products in the future is a matter of general concern in the industry. After interviewing and investigating the 300,000 square meters of hardware and electrical machinery and other markets in Zhengzhou South China City, the hardware channel reporter learned that due to the particularity of the industry and products, many small markets will be gradually eliminated in the future development. And focus on the larger hardware and mechanical wholesale market.

This is first determined by its industry attributes. Due to China’s large land area and many large urban agglomerations, it is destined to have one or two large professional markets such as hardware and electrical machinery, auto and auto parts exhibition trade transactions in or around each big city to meet the surrounding small markets and terminals Consumer needs. This makes it easy for manufacturers to centrally supply and put in products to form a clustering effect and advantages. The traditional hardware, mechanical and electrical small market is facing many problems, such as low management level, lack of integrity construction, low level of property hardware construction, lagging supporting services and transportation, and inaccurate market positioning.

It is also determined by its product attributes. Most of the hardware and mechanical products are large and heavy, which is not convenient for online shopping. At the same time, their quality and performance require on-site testing and evaluation, which is destined to face-to-face transactions. Moreover, generally buyers who go to wholesale or retail need to drive a car to check in, otherwise, such products are not easy to carry around. During the purchase, consumers hope to have multiple dealers to compare their choice of model, quality and price. Rather than a single hardware store along the road, or a limited number of small markets. Buyers also want convenient transportation and easy parking, and hope to have related supporting services and so on. The characteristics and consumer psychology of such products are destined to be more popular with buyers and consumers only in large markets such as hardware and electrical machinery.