Industry News

Vending Machine Locks Opening a New Retail Model

In October 2016, Jack Ma said at Alibaba conference: In the next ten or twenty years, there will be no e-commerce, only new retail. So what is the new retail model? Enterprise, based on the Internet, through the advanced technology, such as big data, artificial intelligence, reshapes the structure of the formats and the ecosystem, and upgrades the commodity production, circulation and sales process, deeply integrates online services, offline experience and modern logistics, that is, the combination...

MAKE® Lock Provides a High Security Storage Environment for You

In response to the demand of the broad masses for the "light pack" of shopping, fitness, leisure and other living conditions, enterprises rely on the high-tech strength, the self-service, the sharing, and the intelligent locker puts in the public unceasingly. In recent years, lockers with different functions and forms have appeared in office buildings, schools, airports, railway stations, gyms, saunas, swimming pools and supermarkets of different sizes. So, what...

Why cam lock can be invincible in such a competitive market?

The lock industry is booming and the competition is fierce. The smart lock factory has sprung up. The traditional mechanical lock factory has also opened up new markets and developed new products. In particular, in the exhibition in recent years, the smart locks have been splendid and eye-catching. Traditional mechanical locks such as cam locks are still on display, however, the attention has been reduced. To forge iron, you need a strong hammer. According to senior lock experts, the lock market...

Huge potential of China vending machine lock market

From 2011 to 2018, the annual growth rate of China's vending machine industry market had remained at an average of 25 - 30%. Vending machine locks are invisible "gatekeepers" to vending machines, and the demand is doubling. The domestic vending machine has now realized the development of multiple functions, far from the relatively early single function. The categories of products sold are quite different. Correspondingly, various vending machine locks have appeared on the market, including...

Consumers will pay more attention to smart lock brands

According to research data in the Consumer White Paper, more than 20% of consumers have not heard of smart locks, and only 15.5% of users are using or planning to switch to smart locks. However, consumers are reluctant to replace traditional mechanical locks with smart locks, mainly due to quality and price factors. Despite the small market share, smart locks began to explode in 2017, which led to various manufacturers entering the market to seize the opportunities. It is reported that in 2018,...

Are smart locks secure?

The results of intelligent technology in recent years have influenced the trajectory of urban development and gradually penetrated into our daily lives, along with related hot words like "IoT" (Internet of Things), "AI" (Artificial Intelligence), and "unmanned systems". While in the field of commercial and industrial locks, the transformation of traditional mechanical locks has also verified the impact of intelligentizing - The era of smart locks is coming. Smart electronic...

An analysis of smart lock industry (part two)

Cost analysis - Are smart locks actually worthy of your cost of 150+ or even thousands of dollars? According to several lock manufacturers and retailers in China, the manufacturing costs of an ordinary smart lock are above 500 yuan (70-ish dollars). The cost will rise with greater functionality and novelty, moreover, some big-brand smart locks are even priced over 1000 yuan. Eventually, the price will snowball into thousands of RMB on store shelves. Those greedy intermediate traders and retailers...

An analysis of smart lock industry (part one)

As the rapid development of the internet and IoT, smart home and living has become a ubiquitous idea. Of this, the prospect of smart lock is so promising that its price still seems pretty insane. So, what's wrong with those smart lock companies for making such a high price that chokes everyone? And how much does a smart lock actually cost? Let's take a look.   What is smart lock? Smart locks, including locks with RFID, password, or fingerprint sensor, have been through a lot of iterations....

How to choose a school locker’s lock?

I still remember that when I was a student, the school desk was filled with the schoolbag and other stuff. Therefore, textbooks can only be put on the table, making the small desktop more crowded. With the development of the times, the society pays more and more attention to students' learning and living environment. Since lockers enter schools, the problem of keeping books on the desk is solved. Lockers can be used for kindergartens, elementary schools, junior high schools, high schools, universities,...

How to Open a Drawer Lock?

In our daily life, drawers are very important storage space. The belongings in the drawer are personal. The drawer lock not only guarantees safety of the belongings in the drawer, but also is an important measure to protect privacy. How to install a drawer lock? Although drawer locks have a great variety, their installation processes are basically the same. The installation processes are as the following. Preparation before installing a drawer lock First, identify whether the lock is a drawer lock...