Internet Home Decoration Companies in China Will Be Reshuffled

Unqualified companies with no home decoration foundation has made big only with the assistance of capitals and have opened the big stores, advertised, given a discount and conducted the internal incentive crazily so they will certainly be out in the baptism of the market.

“Most home decoration companies in China are still in the age of agricultural civilization or only stay in the age of industrial civilization, with neither digitization nor comprehensive informatization,” mentioned by the President Chen Hui of Dongyi Risheng. Dongyi Risheng is a decoration design company founded in 1997 and listed in home decoration industry A share.

 

 

“Therefore, the home decoration companies must be equipped with the mobile Internet technology and move toward digitization, informatization and high technicalization if they want to stand out.”

Recently, various news has been frequently reported in China’s home decoration market; some small unqualified companies with no home decoration foundation has made big only with the assistance of capitals and have opened the big stores, advertised, given a discount and conducted the internal incentive crazily so they will certainly be out in the baptism of the market; and even the individual decoration enterprises in the certain scale have not been able to survive; Internet home decoration and some traditional home decoration enterprises will face reshuffle this year.

Depending on the continuous growth in the home decoration business and acquisition business, Dongyi Risheng achieved the gross revenues of RMB 3.647 billion in 2017, with the year-on-year growth of 21.6% compared to last year, and it achieved the operating profits of RMB 350 million, with the year-on-year growth of 39.89%.

Sumei Home Decoration has been the first Internet product promoted by Dongyi Risheng to cope with the field of Internet home decoration in this year, which starts from the new retail, emphasizes the client experience and perfects the standardizing customization.

 

 

 

(Source:JJGLE.COM)

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