With the rise of new business opportunities, many entrepreneurs are now able to tap into this growing market. For individual entrepreneurs or small teams, choosing the right partner is crucial. Since 2000, the ever-changing home industry has clearly shown how important partnership can be.
As the economy grew, people’s living standards improved, and their demand for basic needs like food, clothing, housing, and transportation increased. Furniture, an essential part of daily life, experienced a boom around 2000. The large market demand combined with low investment requirements attracted many entrepreneurs. You could see tricycles, small shops, and even some shopping malls popping up everywhere. As long as you worked hard, there was always a sense of high demand. It seemed that anyone in the furniture business could make good money. Many individuals became wealthy, driving luxury cars, owning villas, and enjoying a lavish lifestyle, becoming the envy of many.
This trend was partly influenced by the idea that being rich was acceptable. Entrepreneurs who made their first fortune in the furniture industry encouraged friends and family to join the sector. From 2006 to 2009, the furniture industry saw rapid growth, with furniture malls opening everywhere. However, as more players entered the market, competition intensified. To stand out, innovation became key. Many entrepreneurs began collaborating with marketing firms. For example, Shenzhen Wutian Marketing Planning Co., Ltd. introduced a "blasting marketing" strategy that led to incredible sales results. Some companies achieved sales of 1 million, 2 million, even 30 million within just a few months. According to the company’s representative, those who dared to take bold steps had a higher chance of success.
As more entrepreneurs joined the industry, competition became fiercer, leading to weaker relationships between business owners. After years of aggressive competition, many faced development challenges. To maximize profits, they started price wars and fought for talent. Between 2009 and 2012, planning companies and furniture entrepreneurs enjoyed a golden period. These companies played a critical role in helping furniture businesses embrace the internet and improve their marketing strategies. However, the reality was that planning companies were often understaffed, making it difficult for some furniture businesses to find reliable partners. As a result, many furniture bosses began recruiting from these companies.
Faced with job offers from furniture companies, many marketing professionals found themselves at a crossroads. Some moved to become store managers or team leaders, while others started their own agencies. While this seemed to meet the industry's needs, in reality, it was a short-term solution. The person in charge of Shenzhen Wutian Marketing Planning Co., Ltd. pointed out that many former employees only had limited skills, which weren’t enough for the evolving industry. In the long run, this practice could pose risks to furniture companies. Leaders should be cautious when selecting a planning partner.
A seasoned furniture industry veteran, Mr. Li, who has been in the business for 15 years, shared his experience. He has collaborated with Shenzhen Wutian since 2009. With their advanced marketing strategies and extensive market knowledge, his company has grown significantly, achieving annual turnover of over 100 million. He credits the company’s strong team and innovative approach for their success. Every plan they develop brings fresh ideas that boost sales performance. Mr. Li advises other furniture company leaders to set higher standards when choosing a planning firm, considering factors such as background, qualifications, track record, team capability, and innovation.
In the era of “Internet + Furniture,†entrepreneurs should not rely on trial and error but instead seek collaboration with professional marketing firms. Finding the right balance between furniture cities, manufacturers, agents, and planners can lead to a win-win outcome. For more insights into China’s furniture industry, visit the official website of Xianghe Furniture City.
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