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Summit Networks Inc.  (SNTW)
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    Sector  Basic Materials    Industry Miscellaneous Fabricated Products
 

Summit Networks Inc's

Competitiveness


 

SNTW Sales vs. its Competitors Q1 2018



Comparing the results to its competitors, Summit Networks Inc reported Total Revenue decrease in the 1 quarter 2018 year on year by 0 %, slower than combine decrease of company's competitors by 0 %, recorded in the same quarter.

List of SNTW Competitors




   
       
 

Revenue Growth Comparisons
   
     
       
 
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Net Income Comparison


Summit Networks Inc. recorded net loss , as well as most of its competitors.

<<  More on SNTW Income Comparisons
   
     


Summit Networks Inc's Comment on Competitors and Industry Peers


There are many well-established manufacturing, distribution and retail sales companies selling glass craft products, such as HOBBY LOBBY (http://shop.hobbylobby.com/crafts-hobbies-and-fabric-crafts/glass-crafts/), JO ANN STORE (http://www.joann.com/crafts/basics/craft-supplies/glass-art/), D&L ART GLASS SUPPLY (http://www.dlartglass.com/), and DELPHI GLASS (http://www.delphiglass.com/more-crafts/), to name a few of the larger competitors.

We expect to face medium to high level of resistance in the market, where it will be up to our marketing efforts and negotiation skills to acquire new customers. Substantially all of our competitors have greater financial resources and may be able to withstand sales or price decreases better than we can. We also expect to continue to face competition from new market entrants. We may be unable to continue to compete effectively with these existing or new competitors, which could have a material adverse effect on our financial condition and results of operations.

Our competition varies by product line, customer classification and geographic market. The principal competitive factors in our industry are quality of product, pricing, service and delivery capabilities and availability of product. We compete with many local, regional and national glass craft products distributors and dealers. In addition, some glass craft products suppliers might sell and distribute their products directly to our customers, and the volume of such direct sales could increase in the future. Additionally, distributors of products similar to those distributed by us, such as distributors of Chinese made glass craft products, may elect to sell and distribute to our customers in the future or enter into exclusive supplier arrangements with other distributors.

Glass craft products are distributed by many companies as well as numerous stores and websites in the USA. To compete with other companies, we plan to use helpful customer service and offer a wide assortment of glass craft products at competitive prices. We will take significant efforts to promote our product using marketing and internet tools.



<<  See the full list of SNTW competitors



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SNTW's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Summit Networks Inc. SNTW 8 0 0 1
SUBTOTAL 8 0 0 1
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