- About product and suppliers:
During the research period (Dec 2016 to Nov 2018), major trends on sales, online shipping, product and requirements data were anlysised for Umbrella, Fold Umbrella, Straight Umbrella, Golf Umbrella, Promotional Umbrellas, Gift Umbrella, Ome Umbrella, Mini Umbrella, Poe Umbrella and Inverted Umbrella etc. And the result was as the following.
Global Market Demand trends: Long-term Umbrella Cost index growth to 888 the top high in Nov 2018 with 14 months.
Alibaba.com Sourcing trends: Along with 7 months consecutive growth, the Long-term Umbrella Cost Index steadily rise to 70 a new high in Nov 2018.
Online Sales trends: Along with 7 months consecutive falling, the Long-term Umbrella Cost Index normally drop to 25 a new low in Nov 2018.
According to the trends of the three indices, The consultant suggested that the Umbrella Cost is still a product with market potential, but it needs to be carefully study how to decrease your cost and focus on the new products and hot products supplied by partners from Alibaba.com.