The price of LED street lights on the market is not uniform, so many of them are self-priced, resulting in uneven prices. What are the factors that affect the price of LED street lights?
1. Cost: For adjustable LED street light manufacturers, the cost is an important factor affecting the price. The sum of the price of the components included in an LED street light is the cost of the LED street light. The quality of each part will affect the final price of the LED street light. In addition, transportation costs and labor costs will also cause fluctuations in the price of LED street lights.
2. Product performance: Product performance will not only affect the price of LED street lights but also related to the development of the entire enterprise. If the configuration of the LED street light is relatively high, then its price is certainly not low.
3. Product materials: The materials used by each LED manufacturer are completely different, so it looks like the same product. In fact, the internal product quality is very different. The cost of different quality products is naturally different, so the price difference is also obvious.
4. Market demand: Demand has a great impact on prices. If the demand in the market is too high, the price of LED street lights will rise rapidly, and consumers will need to spend more money to purchase. Conversely, if the demand is reduced, manufacturers must lower the price of corrosion resistant LED street light so that they will not backlog inventory.
Betterled invite you to MATELEC 2018, Madrid, Spain
Date: Nov. 13-16, 2018
Booth No.: 2.1 2C152
Welcome to Poland Light 2019
Date: March 13-15, 2019
Our booth No.: m24