Today our specialists answer our questions about how the coronavirus epidemic will affect the American market of household appliances
Zigmund & Shtain:
Product DirectorIlya Komartsov
Evgeniy Vasko, the head of MBT department
Will the unplanned āChinese vacationsā affect up to 10.02.2020 for the supply of equipment in America?
Ilya: We took out all our February orders before the vacations in China. Now we work as usual and quietly expect the resumption of production in March.
Evgeniy: Weāll run out of goods only for those who didnāt order it in time. Everyone is trying to get more goods out of the factories before the Chinese New Year to avoid shortages.
And if the factories and 11.02.2020 will not begin to work? Will the prices of finished products rise because of this??
Ilya: I donāt think there will be a deficit of equipment and an increase in product prices.
The competition in our segment of the market is very high. Manufacturers would rather incur additional costs to restore the situation with production and supplies than the potential prospect of losing customers.
Evgeniy: There will be some expenses for the suppliers. But they have nowhere to go to keep production volumes and customers. So it is unlikely that the prices will change in the near future.
Of course, everything will depend on the situation with coronavirus. If there will be further problems, there may be a deficit.
What is your prognosis for the situation development?
Ilya: The outbreak of coronavirus in China will affect the market of household appliances, but in a different direction.
In April 2020, as you know, the annual import and export exhibition in Guangzhou is planned. And, judging by all appearances, not many people will dare to go to China.
Accordingly, companies may have a delay in updating model ranges in the second half of 2020.
Those who still will risk their health and visit the exhibition, will receive additional benefits ā a new product matrix for their companies and a āvacationā of 14 days quarantine period for themselves at the state expense in Tyumen on their return from China.
Letās live with the same positive attitude as Ilya and Eugene!
And in the meantime, check out what a great
aero-fryer-multi-oven
i
multicooker
Zigmund & Shtain is available to buy now.
Cheers!
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Talking about coronavirus and home appliances.
Itās great to hear that the forecast for the coronavirus is optimistic! With that in mind, how does the virus impact home appliances? Are there any specific precautionary measures or cleaning techniques we should consider for the appliances we frequently use at home?