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The domestic traditional hardware and electromechanical market is facing transformation and upgrading

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Recently, in the "2013 Central City Market Relocation Work Plan" released by Zhengzhou City, the work plan for this year was clearly stated.

Recently, in the "2013 Central City Market Relocation Work Plan" released by Zhengzhou City, the work plan for this year was clearly stated. Among the seven market settlement locations announced for the first time, it was clarified that South China City is the site for the relocation of Zhengzhou Hardware and Electrical Wholesale Market.

That is to say, after the relocation of all hardware and electrical markets in Zhengzhou, there is only one place to settle in, which is Zhengzhou South China City. The person in charge of the Zhengzhou South China City project said.

This is undoubtedly a great advantage for South China City, which has a market volume of 300000 square meters for hardware and electrical products. In fact, currently, the investment promotion of hardware and electromechanical products in South China City is also going very smoothly.

According to a report by Henan Business Daily, in recent years, China's hardware and electrical industry has also achieved certain development with the tide of economic development. Its scale has continued to grow, the comprehensive strength of enterprises has been improved, and its international reputation has also been continuously enhanced. China has become the country with the largest production of hardware and electromechanical products in the world.

However, like hardware and electrical enterprises, our hardware and electrical market still faces the challenge of upgrading, especially in the central and western regions.

More than 80% of China's hardware and electrical enterprises are located in the Pearl River Delta and Yangtze River Delta regions. Similarly, from the distribution of over 100 relatively professional hardware and electromechanical markets across the country, Liaoning, Shandong, Jiangsu, Zhejiang and other regions account for more than 60%. An industry insider believes that, relatively speaking, the hardware and electromechanical market in the central and western regions is relatively small in scale and not of high quality.

In his view, the traditional hardware and electrical market faces many problems, such as low management level, lack of integrity construction, low construction level, lagging supporting services, and inaccurate market positioning.

At present, most managers in the hardware and electrical market follow traditional management concepts, with outdated management methods, uncoordinated management functions, lack of systematic modern scientific management knowledge, and unscientific business decisions, resulting in low management efficiency and even inability to meet the requirements of the market economy for the market. Moreover, due to the early construction time of traditional markets and the influence of financial strength, only the issue of returns is considered, and most of them are only simple constructions. In addition, the size, layout, space, and passage design of the market stalls are unreasonable and cannot meet the needs of the settled enterprises. The industry insider believes that due to insufficient funds and strength, as well as inadequate management and service awareness, many markets cannot provide good services to settled enterprises in areas such as information, warehousing, transportation, security, rights protection, catering, accommodation, etc., which cannot allow them to do business with peace of mind, let alone thrive.

The most important point is that the positioning of the traditional hardware and electromechanical market is inaccurate. Many markets are not accurately positioned, and the loose relationship between market managers, regulated individuals, and consumers cannot be organically unified, resulting in a disorderly and uneven distribution of the market, which cannot play its due role. The industry insider said that therefore, the traditional hardware and electrical market must be upgraded, otherwise it will not only be a problem for the hardware and electrical market, but may also affect the future development of this industry.

The existing hardware and electrical markets in Zhengzhou, such as those on Jiefang Road and Minggong Road, are relatively scattered and small in scale. If they do not develop and grow, they may be eaten up in the process of urban development. The person in charge of the Zhengzhou South China City project said that the hardware and electrical industry in Shenzhen has had such an experience, because small hardware and electrical stores affect the city's appearance and will gradually be pushed to the edge of the city.

It is understood that there are currently 23 hardware and electrical markets in Zhengzhou, with around 3000 operating merchants. Except for a few relatively professional markets, many hardware and electrical markets exist together with the building materials market as a supporting component of building materials. The project leader introduced that they had conducted a comprehensive investigation and understanding of the hardware and electromechanical market in Zhengzhou. Based on the feedback we received, business operators all hope that Zhengzhou can have a decent market, a market that is convenient for long-term operation and development of merchants.

The needs of merchants are only one aspect, the more important one is the market demand. Professor Liu She from Henan University of Economics and Law stated that Henan has a considerable market for hardware and electromechanical consumption, but the level is relatively low and lacks scale and climate. There is an urgent need to build a high-end, large-scale, and specialized hardware and electromechanical wholesale market in Zhengzhou.

A leading market can drive the development of an industry. The person in charge of the South China City project said that Henan, as a major industrial province, lacks a "leader" in hardware and electromechanical aspects We hope that the development and construction of the Zhengzhou South China City hardware and electrical market can play a leading role, thereby driving the development of the central hardware and electrical market.

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