WHAT ARE THE FUTURE PROSPECTS OF SHARED CHARGING CABLE

The shared charging cable is still much safer than the above investment, and the market space is larger. With the rise of the sharing economy, more and more products have appeared. Such as shared bicycles, shared power banks and shared charging cable Many people are skeptical about this product. What are the future prospects? Is it worth the investment?

The main reasons are as follows:

1.The demand for charging is large：

the emergence of 5G networks also means that smart phones will have more smart applications available, and more apps will increase the power consumption of mobile phones. This also proves that the charging market has ushered in a new space for development.

2.The power bank market is basically saturated：

Since the launch of shared power banks in 2018, it has ushered in many competitors. After the market is occupied by big-name power banks, the profits obtained are limited.

3.The market for shared charging cables is more accurate:

Most people think that charging cables do not have a market, but in fact, the market accuracy of shared charging cables is stronger than that of shared charging treasures. In life, people often forget the charging cable when checking into a hotel. Therefore some data lines will be placed at the front desk of the hotel, but the smart phones used by each user are different, Then he plugs of the data lines used are also different.

In this case, it is difficult for the hotel to achieve uniformity in the supply of data lines. The user’s use brings inconvenience. The main places where shared charging lines are put in are closed areas such as hotels, inns, and cafes. Their emergence can not only solve the problem of inconsistent data line interfaces, but also help hotels improve the consumer experience of users.

4.Low input cost：Compared with a single machine of a shared power bank of nearly 1,000 yuan, a shared charging cable is less than 30 yuan each, and the charging model is similar to that of a shared power bank. The same investment product has a larger scale, higher revenue, and faster recovery of costs.