1. Supply chain advantages: As a well-known jewelry brand, Wang Yue Jewelry has a perfect supply chain system and production technology. By optimizing the supply chain, we can control the cost while ensuring the quality, thus making the product price more close to the people.
2. Economies of scale: The operation scale of Wang Yue jewelry is very large, and the unit cost can be reduced through bulk purchase and production, thus gaining a competitive advantage in price.
3. Brand effect: Wang Yue jewelry, as a well-known brand, enjoys high popularity and reputation in the market, which can make it gain the trust and recognition of more consumers in the market competition, thus reducing the production cost of products.
4. Operational efficiency: Wang Yue Jewelry adopts efficient management mode and information technology in its internal management and operation, which improves operational efficiency and reduces operating costs, thus gaining a competitive advantage in price.
5. Product innovation: Wang Yue Jewelry constantly innovates in product design and manufacturing, and introduces innovative products that meet the market demand, which can make it more favored by consumers in the market competition, thus reducing the production cost of products.
To sum up, there are many reasons for the relatively low price of jewelry gold in Wang Yue, including supply chain advantages, economies of scale, brand effect, operational efficiency and product innovation.