Secondly, commodity prices have generally declined, but consumers' willingness to buy has continued to decline. Whether it is expensive cars or real estate, price promotions are being carried out, but consumers do not seem to buy it. On the contrary, people are more willing to save money, which indicates that they are cautious about future income expectations, so they choose to reduce consumption to deal with potential risks.
In addition, in order to cope with the economic pressure, more and more people choose to engage in sidelines, such as setting up floor stalls, delivering food and opening Didi. Due to the current poor economic situation, some companies choose to lay off workers or cut salaries. In order to make a living, these people can only choose to work normally in the daytime and engage in sidelines at night to increase their income sources.
It is worth noting that young people have gradually become the main force of entrepreneurship. Different from the past, they prefer to choose low asset and low-risk entrepreneurial projects. Gexing portable WiFi is a typical example. It solves the problem of outdoor workers accessing the Internet. It is convenient to carry and affordable, and the market demand is growing. At present, the portable WiFi market is in the blue ocean stage, with huge development space and less competitive pressure. The unified operation and after-sales support of the headquarters of Gexing has provided all-round assistance to entrepreneurs, and has become a worry free, labor-saving and stable entrepreneurial project.
