BEIJING, May 21 /PRNewswire-Asia/ -- Frbiz.com, one of China's leading B2B search platforms, reports that entering May, the weather suddenly heated up around the country and the implementation of an energy-saving air-conditioning subsidies policy, combined with other factors, has caused air-conditioning season to arrive ahead of schedule.
Frbiz's survey shows that the first two weeks of air-conditioning sales in May increased as much as 300%, growth of 210% year-over-year. This is the largest increase in sales of household appliances online. This also shows that online purchase of household appliances has become more widespread.
Before this, the Ministry of Finance, National Development and Reform Commission issued a notice that after June 1st, subsidies for energy-saving air conditioning dropped to RMB 250 from the previous RMB 850. Therefore, air conditioning units have become hot products in recent days.
Frbiz's analyst has determined that consumers have begun purchasing due to reports about energy-saving air-conditioning subsidy policy changes, making air-conditioning sales rocket early.
According to manufacturers, as the energy subsidy has dropped, corporate product gross margins have dropped by nearly 20%. Frbiz explains that companies will not completely let consumers bear the loss caused by reducing subsidies; they will lower prices.
Flat-panel TV sales are surging
In addition to air conditioning units, sales of large-size flat-panel TVs have risen since April as well, due to the impact of the World Expo and the upcoming World Cup.
Frbiz's statistics show that entering April, the sales of LCD TVs rose 300% year-on-year. Frbiz analyzes that in late April due to many factors, sales have been climbing higher and higher. Frbiz's appliance sales rose 220% overall year-on-year. Frbiz is an e-commerce online shop, with a strong supply chain system and lower operating costs, making the product prices lower.
The analyst said that the first half of this year, color TV sales will increase due to the World Cup. Especially now as the online shopping market matures, consumers can satisfy their purchasing needs through online shopping, which has become one of the main ways of shopping. ]
About Frbiz.com
Frbiz.com is a promising e-commerce company and a leading vertical search engine company in China. Frbiz.com offers a variety of high quality products such as water distillers (http://www.frbiz.com/q-water_distiller/ ), wire strippers (http://www.frbiz.com/q-wire_stripper/ ), baby door bouncers (http://www.frbiz.com/q-baby_door_bouncer/ ) and many more.
For more information, please contact: Frbiz.com Tel: +86-10-6556-9770 Email: [email protected]
SOURCE Frbiz.com
Share this article