Sunday, January 26, 2025

Year of the Snake Seems like a Tough Sell


It's a tough sell to get customers to buy flowers for CNY

Although Chinese New Year is only days away, in Hong Kong, vendors selling flowers and potted plants at the flower market in Victoria Park are reporting sluggish sales.

While there are a lot of people checking out the fair, which has 395 stalls this year, flower sellers like Lee Siu-ming, owner of Chun Shing Flowers Trading, which specialises in orchids, are reporting business is down by 30 percent.

"People aren't willing to spend," he said. "I am negotiating prices with them till my gums bleed, but some of them still aren't convinced."

There are 395 stalls at Victoria Park this year
Lee said the reasons were because of the slow local economy and people going to Shenzhen and other places in China to shop.

However, stalls selling snaked-themed products seemed to do well, like snakes on cushions and stuffed toys. 

One stall vendor observed that while many mainlanders came to the fair, they were more curious about what was available and hesitant to buy anything. 

"They're more interested in sightseeing and taking pictures," said Terrence Lo, who was selling books.

"The language barrier and concerns about customs regulations deter them from buying books."

In addition, local customers aren't buying as much either.

"The older generation who are often our most loyal customers, are becoming more selective," Lo said. "They're looking for bargains and are less likely to make impulsive purchases."

Sounds like the Year of the Snake is going to be a tough one, much like the Dragon before it...

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Year of the Snake Seems like a Tough Sell

It's a tough sell to get customers to buy flowers for CNY Although Chinese New Year is only days away, in Hong Kong, vendors selling flo...