Incredible, a piece of fabric has recently appeared in the market, and the profit of the machine can reach 300 yuan/machine. It is simply a big new thing in the market recently. You must know that since the start of construction, the market conditions have not been like in previous years, when we just started receiving orders. The hands are soft and the delivery is exhausted. It can be said that in recent years, there have been few fabrics with such high profits.
What kind of fabric can be so popular in the market during the epidemic?
Niche fabrics, higher profits
“Recently, a CEY waffle has been particularly popular. The market price is between 6.3 yuan and 6.9 yuan/meter. The supply is tight and the price will continue to rise in the future.” A textile boss in Shengze area said.
As you can tell from the name, this hot-selling fabric is a niche product. Generally speaking, the profit of niche products is very different from that of regular products. The market is growing through continuous innovation. Niche fabrics in the market are very popular among the public in a short period of time, and the profits are also very considerable. Last year, the market was not very good. Many fabrics even faced losses, and the profits of some niche fabrics were also low. There are only a few dozen, and the profit of a CEY waffle machine like this one can reach 300 yuan/day, which is almost zero. Nisi Fang, which has been selling well for nearly a year, is a hot seller but the profit is pitifully small. Sometimes it can be sixty or seventy yuan, and sometimes it can be only ten or twenty yuan.
This CEY waffle fabric is a stretch windbreaker fabric. This time period also happens to be the best-selling time for spring and summer fabrics. The cost of gray fabric is 5.8~6 yuan/meter. The market sold it at a high price of 6.9 yuan/meter two days ago. , the maximum profit can reach more than 1 yuan/meter. The key is that the supply of this fabric is tight. As long as it continues to sell well, there is still room for price increases in the later period.
Niche fabrics have advantages and disadvantages!
However, despite the high profits of niche fabrics, some aspects are naturally not as good as conventional products. First of all, mass production is not possible. Niche fabrics are usually placed in the form of orders. Textile bosses need to uniformly produce them after customers place orders, because the cost of niche fabrics is relatively high, and some processes are relatively complex, unlike the regular market. Varieties can be mass-produced when raw materials are cheap and stocked up, and then sold when the price of hot-selling gray fabrics increases. No textile boss in the market dares to stock up on niche fabrics. Assuming that the popularity has passed and the products are unsaleable, they are pushing themselves over the cliff. Even if the goods are sold at a low price, no one may take them.
Secondly, the “flowering period” of niche fabrics is very short. Usually, a niche fabric can be sold for up to one month at most, and it may be as short as one week. Last year, many niche fabrics were welcomed by the market, but some products are really only half the price. The hot sales period of several months may have just started selling well. Once the goods are produced and shipped, the popularity will pass, and some will be sold quietly. After all, niche products usually have strong seasonality. Unlike ordinary four-sided elastic products, they can be used all year round. Therefore, the short-lived hot-selling form also makes the presence of niche products in the market not very high.
Of course, short-term hot sales can bring huge profits and make textile bosses extremely enthusiastic about niche products. After all, the profits of niche products are difficult to reach for all conventional market varieties.
Generally speaking, the market must have both conventional products and niche products. Rarely high profits give textile bosses more motivation to develop new products. However, at the same time, they must avoid the danger of overcapacity and ensure that sellers control the market. Rather than the buyer having the final say.
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