Friday, July 4, 2014

LED strip lights, downlights; What affects the price and cost of it?

As a major wholesaler on LED strip lights and downlights; we put together some pointers that influence the cost and pricing of LED lightings.

1. LED chipset brand   - (Elektra uses original 5730 Epistar chipset)
2. Quality of driver - (Reliability influences the price greatly)
3. Testing reports and certificates - (The more tests and certification, the more costs)
4. Warranty terms - (The longer the better; also more costly then)
5. Misc expenses - (Delivery, insurance, installation all adds to price of lights)

You might want to ask; ARE you dealing with LED lighting manufacturer, OEM/ODM specialist or retail lighting shop?

A manufacturer usually cannot cater for high quality LED lighting with low order quantity. They cannot even cover their costs with your 10 - 20pcs! So i'm assuming they satisfy your order by getting from some other suppliers unknown to you. It would mean that you are not really getting the lights from whom you think you are getting from.

We are an OEM/ODM specialist. It means we have many factories supporting us by customising to ourLED lighting designs and specification. Through this, we ensure strong level of quality control from purchasing of raw materials to production. We can work with efficient factories easily. This advantage help us lower costs of production to an acceptable level, while value adding in assurance of quality LED lighting products.

For retail lighting shops, please understand they have their daily operational costs to consider. To make ends meet, one solution is to reduce quality to lower cost price of LED lighting and raising the selling price to you.

All the above is just my personal opinion and present only a subset of ideas possible. There can also be manufacturers whom are willing to supply above average quality lighting at low quantity; and honest lighting shops whom insist on selling high quality LED lights at a lower price. But, honestly is that even sustainable or a realistic business model going forward? Doubt so.

Let us know if you have any questions on LED lightings, we will be glad to assist. We have the strength/capacity to supply both end users and commercial/industrial corporate clients! 

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