The menacing epidemic of COVID-19 has left the streets of the country empty, and the delay in resumption of work has affected countless industries, and the impact on the manufacturing industry represented by LED displays is even more significant. The number of newly confirmed cases has far exceeded that of China, and none of the five continents has been spared, affecting 105 countries.
First of all, let’s find out what crisis the LED display companies are facing now.
Delay in return to work
It is also for better control of the epidemic. Gradually returning to work is also responsible to the employees of the company, but if the company does not return to work, it will indicate that the company cannot operate normally and there will be no production. There will be many problems. Expenditures for employees’ salaries, loans, etc. There is only outcome without income, and corporate expenses are increasingly everyday.Some factories apply to open business by preparing well about the medical products such as the face mask, forehead thermometer, protective cloth, gloves and so on.
The LED display rental industry is an asset-heavy, labor-intensive industry. During the new coronavirus epidemic, the stage lighting, sound, and LED display rental industry were all shut down. In addition to the cancellation of large-scale orders during the epidemic period, labor, rent, loan interest, and inventory pressure also impacted the cash flow of lighting and sound, LED display rental companies’ accounting books all the time, and once the company’s cash flow broke, for enterprises Will be fatal.
A comprehensive influence on the company’s marketing strategy
Due to the epidemic this year, the release of the LED display in Shenzhen has been cancelled. As a result, many companies’ touring exhibitions have gradually changed their overall marketing and marketing strategies and need to re-customize their marketing strategies. As a result, many companies have lost a promotion opportunity to show their face in the exhibition. They must change their marketing strategy throughout the year and increase exposure in another way to reduce the impact of the exhibition delay. For example, the LED display screen used the Internet to increase exposure. At the same time, many self-media platforms also supported the epidemic, so it was greatly helped in Internet promotion.
What opportunities does the current epidemic present for LED display companies.Emergency command and security supervision are relatively small affected in the near market.
In the business display market, the leasing market has been severely affected by the epidemic, and it is difficult to recover in a short time. The advertising market is already depressed, and the epidemic will only worsen. The conference market has limited growth. In our opinion, compared with other industries, only command centers and security monitoring are used. The special market is relatively small. Moreover, some medical and emergency command and dispatch centers may soon usher in a small boom after the epidemic. However, after all, the time for construction in 2020 is limited, and if the overall project implementation can be kept the same as last year, it is already a very optimistic estimate.
Although the epidemic made the already slow development of the LED display industry worse, the LED display industry is taking the lead in this crisis of indicator lights. It has played many roles in supporting disease resistance, protecting people’s livelihood, and coordinating production. Function It is the brain of a smart city, a window for scientific decision-making and command, and an accelerator to improve the efficiency of operations under the epidemic and anti-epidemic wartime system. In many areas, the command and control center system has become a critical moment for “outbreak control.”
Strict traffic control is also implemented throughout the country, such as suspending inter-provincial interval passenger transportation and comprehensively setting up cards in various passages across provincial boundaries. In addition to road closures and outages, the key to traffic control is to understand the status of the “traffic network” vehicle flow, people flow, and material flow in real time. At this time, the LED display screens of traffic command centers across the country became the key variable for information gathering and became the core window for real-time command.
The pneumonia epidemic of the COVID-19 infection in 2020 has indeed brought a “significant blow” to the LED display industry in the country, but there was also a “Noah’s Ark” in this flood, like a seed of hope In the bud, for the LED screen industry, the application mode of LED screens in the epidemic prevention command center continues to inject vitality into the industry’s front-line workers. Nowadays, applications in the field of indoor control such as command centers have gradually blossomed across the country. It is also very exciting to see how well screen companies will perform in this field in the future.For more information about Flinky LED display, please follow us on Twitter,Linkedin,Facebook,Instagram,Pinterest,Tumblr and so on!
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