2014-01-30
LED lighting over the next 3-5 years will experience rapid development. Whoever gains access to distribution channels will ultimately win the market as they are the key recourse for LED lighting application. Channels and brand name still remains as the main barrier for lighting applications. Brands with control over export markets will be in an active position. Lighting manufacturers employ different channel strategies depending on the market segments and client demands. High quality distribution channels are conducive towards manufactures that have a controlled accounts receivable turnover ratio and can avoid producing bad debts, as this can increase company revenue and profits.
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