Fireworks price war in Shaoxing: high rents,make money hard
Posted on Jan-05-2009 · by china investor ( china investor had published 8862 articles)
Spring Festival is coming, fireworks sales have become a good sale. But several days ago, an auction of fireworks sale right was held in Shaoxing,but 53 stalls fail to auction out of 64 stalls. Why did we all do not dare to bid? This year, Shaoxing fireworks sale right auction starting price is from 5,000 yuan to 8,000 yuan range. However, many participate feel that starting price too high. Ultimately, only 11 sale places are sold . It is understood that this is the first time for Shaoxing to implement the right to operate the auction fireworks sale right. However, participate in the auction said if the bid price is 8,000 yuan, the daily net profit must reach at least 500-600 RMB. In accordance with the present market, it is hard for them not to lose money.
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