Huaizhong Health Group Inc's Customers have recorded an advance in their cost of revenue by 6.03 % in the 1 quarter 2022 year on year, sequentially costs of revenue grew by 12.45 %, for the same period Huaizhong Health Group Inc
Huaizhong Health Group Inc's Comment on Sales, Marketing and Customers
We have already identified major distributors of neck, head, donut, lumbar, decorative,
throw and orthopedic pillows in the USA and intend to market directly to these
distributors upon completion of our Public Offering. The initial list of distributors
we obtained using internet. Future distributors we are planning to obtain via
expo and trade shows. It is our goal to do business in the U.S., Russia and the
European Union. We are planning to focus our business plan on those markets for
next year to establish relationship with major distribution companies, after that,
if we are successful in the U.S. market, we may expand to Canada and Mexico using
the same strategy.
Our main clients are distributors but in some areas there are no distributors
so we will sell directly to the public. Most of the revenue will be received from
distributors as they are our main target market. We do not currently have any
agreements or contracts with distributors. The sales to date have been made by
our independent sales representatives. In the future as we grow and have the ability
to fulfill large orders and negotiate pricing we may enter into agreements or
contracts with distributors if it is in the best interests of the company.
Huaizhong Health Group Inc’s Comment on Sales, Marketing and Customers
We have already identified major distributors of neck, head, donut, lumbar, decorative,
throw and orthopedic pillows in the USA and intend to market directly to these
distributors upon completion of our Public Offering. The initial list of distributors
we obtained using internet. Future distributors we are planning to obtain via
expo and trade shows. It is our goal to do business in the U.S., Russia and the
European Union. We are planning to focus our business plan on those markets for
next year to establish relationship with major distribution companies, after that,
if we are successful in the U.S. market, we may expand to Canada and Mexico using
the same strategy.
Our main clients are distributors but in some areas there are no distributors
so we will sell directly to the public. Most of the revenue will be received from
distributors as they are our main target market. We do not currently have any
agreements or contracts with distributors. The sales to date have been made by
our independent sales representatives. In the future as we grow and have the ability
to fulfill large orders and negotiate pricing we may enter into agreements or
contracts with distributors if it is in the best interests of the company.
Sources:
Huaizhong Health Group Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Huaizhong Health Group Inc’s corporate clients.
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