Neon Supply & Demand
- Juan
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[vc_row][vc_column][vc_column_text]Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy.
So if you have a product that has a big demand and the supply is low then the price of your product goes up.
And if you have a low demand and a large supply then the price of your product will go down sometimes making it worthless.
So at the moment the demand of neon is large and the supply is low so guess where the price is going.
Back when LEDs didn’t exist and neon was king of channel letters there were still expose neon to be made and also repair of the neon already installed, so now all the channel letters are being illuminated with LEDs but the exposed neon is still neon country and a lot of people do not want to retrofit their channel letters with LEDs and still want to repair their neon on their existing channel letters,but for thousands of neon shops that only relied on channel letters well that was the end of them, but their is still a lot of demand for neon and at the moment it feels like i am the only glass bender this side of the mississippi, and on the other side to. And what has been happening is that when a product like neon gets to be a little scarce by comparison to the demand then people consider it a unique product, so at this moment it is being considered a cool product to have.
Conclusion ; Neon has surfaced with a new look and a new direction, it is now a star in the world of light. ,[/vc_column_text][/vc_column][/vc_row]