In the third quarter of 2023, we launched a new series of bathroom racks. These products not only incorporate modern fashion elements in their designs, but also use environmentally friendly materials, and are committed to providing customers with better bathroom solutions. The new products are highly anticipated by the market, especially B2B customers in the European, American and Asian markets.
Our marketing strategy covers precise market research, product positioning and pricing strategies. Through in-depth research in key markets, we learned that consumers have a growing demand for environmentally friendly, high-quality and multifunctional bathroom products. Based on these insights, we developed a competitive pricing strategy for the new bathroom rack series and promoted it through multiple channels online and offline.
For example, in the European and American markets, we increased brand exposure by cooperating with well-known local B2B platforms; in the Asian market, we strengthened cooperation with local agents to further expand our market share.
Recently, the company has achieved a series of important achievements:
These achievements are inseparable from the joint efforts of our team and the support of our customers. In the future, the company will continue to focus on innovation and quality improvement to further consolidate its leading position in the home and garden industry.