MARKET STATUS OF CHINA’S SHARED POWER BANK INDUSTRY
Three categories of products focus on different scenarios
In the context of the rapid development of the sharing economy. New sharing projects are constantly emerging in the market to serve consumers. As a hot spot in the sharing economy, shared power banks have received strong attention. The shared power bank has three product forms: desktop fixed type, small cabinet mobile type and large cabinet mobile type.
Rental power bank station
The desktop-type shared charging treasure line machine is integrated, as a supplement to the business’s infrastructure. The small and medium-sized power bank stations placed in the restaurants, KTV, and cafes. The small cabinet type is mainly used in small and medium-sized scenes such as restaurants, cafes, and bars. A large cabinet type device can accommodate 20-80 power banks. Mainly for large-scale scenes, such as airports, railway stations, scenic spots, hospitals, large shopping malls, etc.
People can choose the suitable power bank stations according to their targeted market,
If you want to increase the income. You can try to choose a 20 or 30 ports stations to build a crowded place.
Easy charging at home, office, bar and restaurant.
Power banks have become a great item for sharing: startups place stations around a city and cash in on the anxiety everyone has when their battery starts dying in the middle of the day.
It is useful for travelers who need Google Maps. And workers who have to take care of tasks around the city and need to charge on the go.
power bank rental
Stations often come with their own software, but it generally needs to be tweaked. You should be ready to invest in software for your charging stations, as you’ll need to customize it for your target market. Software customization includes customizing the location, language, and other nuances.
WHAT IS POWER STATION AND HOW TO COLLECT MONEY AT HOME BY SHARING A POWER BANK?
The power station has 6/12/24/30/45/48 slots of different types, each power bank has 3 USB slots to charge three devices at the same time so life saver for three people at a time. Power Banks have become increasingly popular as the battery life of our beloved phones. Tablets and portable media players is outstripped by the amount of time we spend using them each day. By keeping a battery backup close by, you can top-up your devices while far from a wall outlet.
Its basically very useful for traveling and when there is power cut in your area. Or when you need your phone the most and battery is dying. Power cut in your area, or when you need your phone the most and battery is dying.
By placing them in crowded places such as shopping malls, restaurants and public places, when people urgently need to recharge, they can solve the situation of no battery in their mobile phones.
You can control the income of each site through the background and realize the dream of collecting money at home.
Power consumption will increase rapidly. According to data, the power consumption of 5G will be more than twice that of 4G. At the same time, with large-scale applications such as AR and VR, as well as the high-intensity demand for short videos, high-speed movies, and high-intensity demand, power consumption has become a short-term advantage in the commercial popularization of 5G. board. When the current battery technology cannot solve this problem in a short time, it is an inevitable choice to ask for help sharing a power bank. Judging from the current layout and development of the shared power bank brand, it is not impossible to meet users’ mobile device endurance needs anytime and anywhere. Data shows that Times Power Technology has successfully landed in more than 300 cities across the country, covering various life scenes such as restaurants, shopping malls, KTVs, airports, high-speed railway stations, etc. “eating, drinking, playing, shopping and entertainment”, with dense network installations and convenient access to other places. Services, and continuously improve the consumer experience. Once the consumption habits are developed, repurchase behavior is stimulated, and user stickiness will become higher and higher. In 2019, the profitability advantages of shared power banks have already emerged. In 2020, Gansu shared charging equipment will attract investment to join the source manufacturers. With the major benefits of 5G, the shared charging treasure will completely walk out of the initial development barriers driven by capital.
Today, let’s take a look at how the shared power bank cooperates. As a merchant, if there are brands to put on the shared power bank, it will bring certain rental income to the merchant. Over time, the guests will know that the merchant can borrow the power bank and will also give Merchants bring a certain amount of traffic, and each brand’s APP or mini program will also locate which address can be borrowed and returned, which increases the exposure and degree of the merchant. Generally, merchants with customer flow will have many brands willing to put them on the market, and the merchants only need to get in touch with the corresponding brand. The premise is that the business must be clear about the operating rules of the brand.
Another way is that the merchant can buy out the shared power bank equipment by himself, and get all the benefits of using it. For example, when charging the shared power bank slowly, one device can be used as an agent, and the merchant manages the operation by itself. Of course, many businesses just for the convenience of customers, then you can apply for free placement, or get a certain percentage of shares. As a project of pipeline revenue, shared power bank can continue to make profits for the convenience of users, merchants and agents, and it will not benefit other people. Therefore, shared power bank can develop steadily and it is also a personal entrepreneurship. A good choice.
Following the sharing of power banks, a new shared charging method has emerged in the sharing economy-shared charging cables. It has become the new darling of the investment world. The station shared charging equipment is attracting investment to join the source manufacturer. How does this project survive? What is its future market prospects? From the perspective of market demand, the market for shared charging cables has a stable demand for users like shared charging treasures. Because with the continuous increase of smart phones and mobile phone applications, the power consumption of mobile phones has also increased. However, the shared charging market that allows users to charge anytime and anywhere is very popular with users.
As a cinema format, its mission goals are nothing more than two sources. One is to directly generate revenue, and the other is to support the flow of cinema. So can theater sharing products do it? For theaters, the focus of shared products is not profitability, but traffic introduction.
In China, from shared bicycles to shared cars, from shared KTVs to shared power banks… On the vent of the sharing economy, it seems that any object around you may become the next shared target. This also confirms the view of Kevin Kelly, a technology business predictor: In the future, having the “right to use” resources is more valuable than having “ownership”, and more things will be shared in the future. As for the cinema with a relatively concentrated population, it has naturally become one of the best places for the sharing economy to land.
Personally, the essence of cinema “sharing” is a new type of cinema format in the Internet era. Why do you say that? Let’s first take a look at the currently popular sharing economy products in the cinema market.
Shared massage chair
Generally placed in the theater hall, with multiple units neatly arranged side by side. In use, the massage chair does not need to download the APP, and the user can experience it by scanning the QR code to pay. Based on the data from various interviews, In addition to the massage function, some seats can also be equipped with a USB interface, which can scan the code to charge the mobile phone.
Shared power bank
The operation process of this device is similar to that of a shared bicycle. After scanning the QR code and paying a certain amount of deposit, the charging treasure can be taken out of the machine. There are three main charging models: charging is free, and the source of income depends on advertising. It can be used by users for free, but the corresponding APP must be downloaded when connecting. A series of advertisements will be pushed on the APP, and the company relies on this business model to make profits; the charging fee model. After the user scans the code and pays, it can be plug and play, one yuan an hour, no deposit is needed, and there is no mandatory advertisement push; the rental mode, charging is free for a limited time.
Sharing KTV
miniKTV, also known as “shared KTV”. When using, you need to log in with WeChat before you can record songs. The recorded songs will be saved under your WeChat account, such as Youshang, MiDa, and other accounts. It supports single or album creation to share with friends and share to Circle of friends.
This combination of offline karaoke mode and Internet sharing and entertainment is undoubtedly a factor in attracting users. The new generation of young people in the city can find a shared KTV when they are shopping, and sing as much as they want. They can also sing two songs to kill time during the time between watching a movie and waiting for the opening of the screening; and the whim of singing can also be used. Just pull a companion to scream.
In addition to the above-mentioned shared products, there are also shared gyms, shared umbrellas, shared sleeping bins, shared parking spaces, etc. on the market. Regardless of the form of sharing, they have several things in common: connect the product and the cloud with Internet technology to achieve Unattended and mobile payment; this kind of business model has low investment cost, low technical content, and is easy to be copied; effective integration and utilization of resources, more aspects of people’s lives. This also corresponds to what we said earlier that the essence of cinema “sharing” is a new type of cinema format in the Internet era. As a cinema format, its mission goals are nothing more than two sources. One is to directly generate revenue, and the other is to support the flow of cinema. So can theater sharing products do it? First of all, from the point of view of the profit model, shared products are paid by scanning codes to obtain profits, but the form of scanning codes involves personal privacy, so that the user’s information security cannot be guaranteed and may be resisted by everyone; plus public equipment damage The probability is high, and the cost of equipment maintenance is high. In this way, it is faced with the dilemma of unclear profit model.
For theaters, the focus of shared products is not profitability, but traffic introduction.
Wang Wenhao, Dean of the Optics Valley Branch of Pattern Business School, said that for any shared project to succeed, at least three conditions must be met: customer needs, market space, and frequent use.
Take the shared power bank as an example. First, the charging demand itself is just high frequency. Except for fixed places such as home/office, other mobile situations, emergency situations and other charging must use the power bank, plus the basic power of the smart phone. It is difficult to fully support a day’s power. The power bank itself does have a very large demand. The market is there, the users are mature, and the demand is large; second, the power bank itself is heavy and bulky, and it is not like a cosmetic bag or The wallet also has a certain degree of personalization and identity identification, and its practicality is more obvious, so it is more likely to be shared; third, the power bank itself is easier to manage and quality control than a bicycle, etc., damage, battery usage, etc. Easier to be detected. Because of this, shared products such as these are bound to be favored by the audience, which is undoubtedly an effective entry point for attracting traffic. With traffic, the box office is half done.
In the author’s opinion, the sharing format based on the Internet era is the future development trend of cinemas. If the theater fully explores the idle resources in some sub-sectors and the general needs of consumers, and treats them as a commercial format such as selling products, and bundles it with movie tickets, making it a kind of theater icon It’s not a bad idea to match it.
The current situation of the shared power bank market
In China, on December 13, 2017, the shared power bank was selected as one of the “Top Ten New Words in Media in 2017” released by the National Language Resources Monitoring and Research Center. In August 2014, Laidian Technology was established, and then there were successive entrants. Looking back on the development of shared power banks in the past few years, from being questioned, criticized, and shuffled last year. After the wolves broke out, the four hegemons of the world were formed: incoming calls, street electricity, small electricity, and monsters. As we all know, the shared power bank was born because the current mobile phone battery technology cannot keep up with the development of other mobile phone technologies. After several rounds of industry reshuffle, the current profit model of shared charging treasures is roughly the three types of deposits, leases, and advertisements. Among them, due to the widespread use of similar credit points such as Sesame Credit and the impact of the deposit incident of ofo shared bicycles, this income has been greatly reduced. With the advent of the 5G era, high-power network transmission directly challenges the endurance of smartphones. According to Professor Yao, a well-known scholar in the electrochemical field of a university in Shanghai, “The current lithium-ion battery technology research has been at a bottleneck stage for a long time, and the current lithium battery performance is very close to the theoretical value. In other words, the current lithium battery performance will slowly improve. However, a significant performance leap is currently impossible to achieve. At least in the next ten years, lithium batteries will still be the mainstream choice in the field of consumer electronics batteries. It can be seen that if you want to stand out in this industry and lay a solid foundation, you have to enhance product development and operation capabilities. Scan code to rent a shared power bank.
USA-Powerbox
Current status of the shared charging line market
With the advent of the 5G era, smart phones consume more and more power, and there is a great demand in the charging market. People’s demand for “fast charging” of shared charging devices is even more urgent. Shared power banks have formed four hegemons, and latecomers can hardly get a share of the pie. The shared charging cable just meets this demand of the shared charging market, and the shared charging cable that supports fast charging allows you to keep your mobile phone for a while while drinking a cup of coffee. The shared charging cable not only fills the gap in the shared charging market, but also extends the needs of the shared charging market. “Charge for five minutes and talk for two hours.” Instead of hanging around with the shared charging treasure for an hour or two, it is better to have a cup of coffee in a coffee shop and use the shared charging cable to quickly charge for a while. Shared charging cables are mostly used in some room-style scenarios: hotels, ktv, partying, massage…The investment and maintenance costs are low. Compared with shared charging treasures, the entry barrier is greatly reduced. The problem of patent proliferation and confusion in the shared charging market needs to be paid more attention to before entering the market. After all, there is a lesson from the past that there is a patent dispute over the street power of the shared charging treasure. Shared charging cable
Outlook for the shared charging market
With the development of mobile phone wireless charging, more mobile phones support wireless charging, so in the future shared charging market, wireless charging will become the next trend of shared charging. Beijing Wangfujing McDonald’s Future Smart Restaurant has installed shared wireless charging equipment. It is not difficult to see that the shared charging equipment is constantly updated and iterated. The iterative update of hardware is the core, so how to maintain this group of users and form a new profit model? It is undoubtedly a good idea to carry Saas software on shared charging devices (such as 16C shared chargers and 16C coupons). No matter what the platform and service, in an era when traffic is king, these invisible hands are playing quietly. Play his role. The attempts of multiple profit models and applications in various small scenarios need to be based on a huge user base. From the free use of 360 anti-virus software to platform advertising revenue; There are friends who want to do this, contact the editor, a variety of cooperation methods, whether acting as an agent or a platform, and many other options, look forward to your joining
A power bank helps you charge your smartphone on the go.
Mobile phones are extremely important to every single one of us. We are all users of smartphones and depend heavily on these gadgets for almost every single thing we do on a daily basis. we also order food online or reserve tables in restaurants; we book hotel rooms using our smartphones and get directions to places using our phones. There are way too many uses of smartphones to enlist. We often encounter low battery signals while on a bus or public transport where there is no charging point available. Also, at times, power cuts leave us with dead phones and no outlets to charge them in. It is thus, to this effect, that we need power banks.
A power bank can help you charge your smartphone, mp3 player, mp4 player and even laptop on the go as soon as you are about to run out of battery. The device is useful since it reduces your dependency on the availability of an electrical outlet to charge your phone and helps you stay connected at all points in time.
You must only buy a power bank that has at least as much capacity as does the battery of your phone or the device you intend to charge with it so that you don’t have to charge your power bank in between while you are still charging your device.
The power bank is the need of current era, as we all know that how fast the time is rotating and mobile phone is one of the basic needs these days, and charging it is one of the common problems we face every day. So power banks are the external battery or chargers for electronics devices, which helps us to charge our mobile phone when there is no electricity around. Few things we should keep in mind while buying a power bank. One common thing is mah, the higher mah of power bank is the long run it will charge your device. Do compare its weight, size, USB ports, brand and charge limit.
power bank station
2)Where is power bank made from?
Majority of the power banks in the market are actually made in China
3)How do I charge the power bank?
You can charge your power bank via the charger that came with your phone, computer usb port or using other power bank.
4 )How long do I need to charge the power bank?
It’s depending on the REAL CAPACITY of the power bank. The larger REAL CAPACITY, the longer charging time may required. Different charging methods may result different charging time as well. Charging with the original charger will be faster than charging with computer usb port.
An E-bicycle is a bike with Electric Motor to help you along. You ride it much like you ride an ordinary bike, however with less exertion.
Extensively, there are two sorts of e-bicycle.
‘Production line’ E-Bicycles are bicycles that planned from the beginning as e-bicycles: our range incorporates Mongoose, DiamondBack, Faraday and others.
We offer a Lekkie Motor unit, which we can fit on a considerable lot of the bicycles we stock, or even introduce alone bicycle.
Both of these kinds of e-bicycles can come in numerous styles, from worker bicycles to full-suspension Mountain bicycles, and everything in the middle. Our emphasis is on urban and freight bicycles, utilized for driving, transport, or delight. With that in mind, we stock bicycles that have an emphasis on quality, are lovely to take a gander at and will keep going quite a while.
An E-bicycle Motor works via consequently exchanging on the (tranquil) Motor when you pedal. There are two distinct sorts of Motor: Motors that are in the wheel center point, and Motors that are in the wrench. The two sorts have their upsides and downsides – everything relies upon the kind of riding you’re anticipating doing.
When in doubt, wrench Motors give an increasingly legitimate bike involvement. This is on the grounds that the Motor detects how much power you are putting into the pedals (utilizing a torque sensor). And reacts relatively (that is, the harder you pedal, the more the Motor encourages you).
This makes you have a feeling that you have extra solid legs! Wrench Motors will, in general, be more responsive than wheel center point Motors, and enable the bike to move all the more openly without the extra drag of a Motor in the center. We stock a few e-bicycle models with wrench Motors made by Bosch and the German-delivered Impulse. We additionally offer a wrench Motor pack: the Lekkie Summit.
Do you want to know what the best electric bike is?
I think you’ll agree with me when I say:
It’s REALLY hard choosing the best electric bike with all the available options.
Or is it?
Well, it turns out that after years and hundreds of hours of testing & reviewing. We have strong opinions about what makes the best electric bike (you can read my full review here).
That said, the first thing you should know about electric bicycles is that they’re here to stay. Electric bicycles are also known as e-bikes are bicycles with an integrated motor which can be used for propulsion. While many kinds of e-bikes are available worldwide all of them still retain the ability to be pedalled by the rider. A trait that differentiates them from electric motorcycles.
With the advent of e-bikes. One of the many questions that is often asked is what is the best electric bicycle?
There are many components that help determine the quality of an e-bike. Among them are motor power and weight capacity, battery life and capacity, maneuverability, comfortable rides, fit, safety and of course, the cost.
Electric Bikes
Cyrusher Mountain E-Bike has excelled in all of these features and many more. It is a fat tire e-bike that has drawn a lot of attention and many compliments.
• It comes with adjustable handlebar and seat post, suitable for rider height around 5’4″-6’7″. 4-inch wide fat tires have great tread providing great traction best for cruising over sandy or snowy terrains and enjoying the ultimate electric biking adventure.
• These e-bike is equipped with Cyrusher 500W motor and 48V lithium battery. You will reach maximum speed of 20mph, max distance up to 25miles.
• Cyrusher fat tire electric bike has 3 working modes, E-bike, Pedal Assisted & Normal Pedalled. You can do nothing and have power assist kick in every 10 or 15 seconds keeping you up to speed or set your throttle to a speed you like and pedal or not pedal as you like.
Can you explain the Chinese “sharing economy” phenomenon?
Real sharing economy companies like ride-hailing platform Didi Chuxing and Airbnb-like vacation rental platforms Xiaozhu and Tujia have been around for some time in China. Like their American counterparts, the sharing economy players that exist nowadays are, by and large, firmly established and either dominate the markets they are in or are locked in duopolistic competition with domestic or international rivals.
First, let me say that there’s two kinds of “sharing economy” in China: There’s the normal kind of sharing economy typified by pioneers like Uber and Airbnb who distribute shared goods and services but do not actually own them.
The latter is the kind that you hear about often in tech media: bike sharing, power bank rentals, basketballs, and sex dolls (yes, really). The list goes on and on, and a lot of money (to the tune of $247 million in Series A funding between April and May 2017)[1] has been spilled to capture value in this thriving new space.
And now, back to the pseudo-sharing economy, which is really where the action is at. While the normal sharing economy model in China is generally similar to that in the West (give or take some aspects like China’s high-competition dynamics), the pseudo model is uniquely Chinese in several ways. A good way to understand these distinctions is to compare this with the sharing economy outside of China.
sharing economy.
A. Competition 1
Competition is high for normal sharing economy players like Didi Chuxing and Tujia, but for the new class sharing economy startups. extremely high. Let’s take dockless bike sharing — a “last mile” solution where users can scan a QR code on bikes to unlock them.
And leave it anywhere in the city (it’s also one of China’s “four great new inventions” along with the high-speed rail and Alipay.)
In a recent count, there are 40 bike sharing companies operating in China, with ofo and Mobike as the leading players.
If you can imagine forty startups, many with venture funding in the tens of millions U.S. dollars. Battling to control key Chinese cities like Beijing or Shanghai in less than two years. Then that’s the kind of competition that exists for bike sharing and other similar sharing schemes. China’s formerly third-largest bike sharing startup that raised $90 million, shutting down.
Competition 2
One morning recently in Shanghai, I caught a glimpse of some suspicious behavior. I was walking down a tranquil, tree-lined street when a muscular man lumbered past carrying two orange-and-silver Mobikes. As he swept by, a wheel touched the ground and set off an alarm, causing him to heave the bikes even higher in the air. The man was not a bike enthusiast, but he wasn’t a thief, either. As I watched him slip down a side alley and emerge moments later empty-handed. I realized that he was a foot soldier in the bike-sharing wars, dumping competitors’ bikes in hard-to-find places. Rounding the corner, I saw the result of his handiwork: a sea of bikes in almost every hue. Yet not a single orange-and-silver Mobike was in sight.[4]
Given the winner-take-all nature of the sharing economy. Competition is definitely high for American startups in this space, doubly so in the case of Uber vs. Lyft. But outside key shared assets like cars and homes. Many of the sharing economy failures were due to lack of product-market fit rather than direct competition.[5]
Bike-sharing gone bad
power bank rental service
B. Backed by Tech Giants and the Government
Another unique characteristic of China’s pseudo-sharing economy is that it’s backed by two very powerful forces: Tech giants like Alibaba and Tencent and the government. China’s largest Internet companies will begin pouring money it. For example, ofo’s $700 million funding round led by Alibaba and Mobike’s $600 million round led by Tencent. Then there’s the government, which set a new policy framework to spur the growth of the sharing economy. Deemed important to the national economy.
For the American counterparts, venture capital funding rather than strategic investments from large tech companies has been the pattern (outside of Google Venture’s investment in Uber. Which is part of a long, complicated relationship than a strategic one.) And more than once government and municipal regulators have thrown a wrench in the plans of sharing economy companies.[8]While the Chinese sharing economy is blessed with the tailwinds of large big tech and government backing, those in the American sharing economy are often flying solo with themselves and their investors.
You probably won’t see this happening in China
C. Lack of Trust
Traditionally, the sharing economy works only if there’s trust, often enabled or enhanced through technology. Why would I take a ride in your car or sleep in your house if there’s even 0.1% of getting murdered, just like in the movies? American startups have circumvented this issue of stranger danger through technology. Such as a review system or careful background checks for sharing economy participants. Using Ben Thompson’s Aggregation Theory. These companies have commodified trust, while psuedo-sharing economy startups in China haven’t for the most part.
That’s why you see stories like a bike sharing company going bust after losing 90% of its bicycles or an umbrella-sharing company losing almost all of its 300,00 umbrellas. Or Bluegogo’s controversial shutdown without paying back the $15-$45 deposits back to its users. Both sides, the companies and the users. Suffer from a lack of trust, which would mean death for these companies without technological interventions. Mobike bicycles feature GPS location to prevent theft. The fact that you have to use a QR code to use “shared” goods and services allows companies to track user data and penalize bad users. Even to the extent of negatively affecting users’ social credit score and limiting their chances to apply for a loan,
In fact, I see China’s QR code revolution as largely responsible for allowing the pseudo sharing-economy startups to exist in the first place. Much like how the smartphone made ride-sharing possible from getting picked up thanks to accurate GPS location to trusting that the driver will get to your destination with the help of Google Maps
D:Achieve sharing economy
QR codes enabled Chinese users to get exactly what they want with low risk of being tricked. Whether it be a bike or an umbrella, simply by scanning a QR code. That you can put a QR code on literally anything means that many things will. And already have, become sharable goods. So while a lack of trust is a barrier in China’s pseudo-sharing economy. That doesn’t mean that certain Chinese innovations can’t address those concerns — and even create better conditions for sharing.
Last but not least, Chinese people like to share
In a survey, 94% of Chinese internet users said they would like to share with others over the Internet. Which is the highest rate among all countries. From cultural aspects such as sharing food with everyone at the dinner table to communal sharing during Mao’s China, sharing is at the heart of China’s social fabric. This deep-seated social practice combined with technology has created the sharing economy phenomenon in all its forms in China today. It’s not only an extremely large sector of China’s economy with $500 billion in transactions among 600 million Chinese. But it’s also a tremendously exciting trend that is probably already shaping the future of Chinese lifestyle.
