Costs are part of the margin squeezing. We always try to offer the best effort, including price, for our customers and business partners. Simple offering, but it requires an excellent relationship with supplier/manufacturer as backward integration. As competition on price, the squeeze between manufacturer’s price into distribution channels and end-user’s ultimate buying price continues.
We also realize that pricing is not the only issues on distribution systems, but it has the most potential effect for our local market. Our competition is getting tougher every day, as the market is very attractive to any company to come in. In the end, the customers have a good bargaining position for price.
For our partners, we would like you to know that we really appreciate and thank you for your patronage in the past and we all know that our achievements would be impossible without you. It will be a pleasure to discuss the possibilities and ideas to make our partnership into advanced level and understanding, for mutual benefits.
Combining your superior products and our distribution network, you will enjoy a piece of cake for national market share. And for distributors, you will have our exclusive support for developing your market area. All parties should have a benefit for the cooperation, and that’s why we met.