LumEfficient’s President Gives Controversial Lecture in Hong Kong About Respecting Existing Channels of Distribution

LumEfficient’s Randy Reid warns Chinese audience not to bypass distribution and sell direct.

Hong Kong, China, October 31, 2017 –(PR.com)– LumEfficient President Randy Reid spoke at the 19th Hong Kong International Lighting Fair. The discussion was controversial because Reid encouraged the audience, mainly Chinese manufacturers wanting to sell in the US, to respect the existing channels of distribution. “When I speak to Chinese companies about their marketing plans in the U.S.,” Reid said, “They explain how they are going to sell direct to the end user and bypass our distribution channels – as if that is some sort of secret plan.”

Reid explained that Chinese lighting companies who sell through Amazon or online are competing against over 100 other companies and only able to sell on price. They miss the opportunity to capitalize on features and benefits, and therefore miss higher margins, that come with working through the existing rep-distributor channel.

In the presentation, Reid discussed those different channels and the value of each one.

In addition, he also discussed the need for manufacturers to create products that have unique features and benefits and how flooding the market with cheap commodity products, at low margins, does not serve anyone well.

About LumEfficient
LumEfficient, located in Nashville, began their business in 2010 selling LUXIM’s Light Emitting Plasma lights. As LED technology continued to improve in efficiency and reliability, LumEfficient gradually began replacing their entire LUXIM brand of LEP luminaires with the Resilient brand of LED luminaires. Although LumEfficient’s products are designed for heavy industrial use, most are sold in the general lighting market because of their competitive price points. LumEfficient has products installed throughout the U.S. as well as India, Russia, Taiwan, Germany and the UK.

For more information contact: Angie Hullfish, 615-371-0961, [email protected], www.LumEfficient.com

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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