X-SAFALA Custom Badge company

Hello, China's industry is currently entering a saturation period. Many factories rely on their previous customers and can only make a little money every year. They don't think about how to develop customers and how to help customers open up more markets. As a result, the lack of competitive prices and product quality has led to customers slowly losing their customers and eventually closing down. What is the core reason? According to the statistics of Douyin in China, most badge and medal customization factories are currently relying on a small number of customers to cooperate, which makes them very uncomfortable. Why? Why don't they lower the price for their customers? 1: China's competition is too fierce. If the price is lowered, their factories will not have enough profit to support their production line operations and pay workers. 2-If the price is lowered for customers, their customers will think that the factory has reduced the quality, and the factory itself does not have enough profit. In addition, China's prices are rising rapidly and there are many uncertainties, which make Chinese factories dare not easily lower prices. As mentioned at the beginning, this is why our factory received a total of more than 50 million orders from August last year to August this year, but only made a profit of 1 million. Why do our factories dare to lower prices? 1- Xsafala completed the factory transformation the year before last, and most of the production is automated. The factory was adjusted to a medium-sized factory, which can reduce unnecessary factory and worker expenses and is not so sensitive to product profits. 2- The boss has been in this industry for more than 15 years. Simply put, he has enough funds to compete with capitalists in the market. For example, this month Nintendo's 500,000 badges, we quoted them-each profit is only 0.03 USD. And our factory has Disney certification, BSCI certification and ISO9001 and other AAA-level quality-oriented enterprise