2 1 Shi Ji Jing Ji Bao Dao·2025-09-25 11:41Core Insights - The demand for high-end liquor has been declining, leading to a significant drop in sales for many liquor retailers, particularly in the context of the upcoming Mid-Autumn Festival and National Day [1][3][6] - Recent weeks have shown a slight recovery in liquor sales, but overall prices for high-end and mid-range liquors remain lower than in previous years, with some retailers reporting a double-digit decline in orders compared to last year [1][3][6][14] Sales Trends - Liquor sales have seen a noticeable increase in the last two weeks, particularly for well-known brands like Moutai and Wuliangye, driven by gift-giving and social gatherings [1][3][4] - Despite the uptick in sales, the prices of high-end liquors have not significantly rebounded, with many products still priced lower than during the same period last year [1][3][6][14] Marketing Strategies - Liquor companies are focusing more on marketing for the Mid-Autumn Festival and National Day, with various promotional activities being launched both online and offline [6][7] - Major brands like Wuliangye and Moutai are collaborating with media events to enhance visibility and drive sales during the festive season [6][7] Pricing Dynamics - The pricing strategies among different brands have diverged, with some brands maintaining stable prices while others are offering discounts to stimulate sales [10][12] - The price gap between major brands has narrowed, particularly between Wuliangye and Guojiao 1573, indicating a shift in market dynamics [10][12] Inventory Management - Retailers are cautious about stocking high-end liquors due to fluctuating prices and uncertain demand, often limiting their inventory to a few cases [9][14] - The trend of purchasing smaller quantities has become prevalent, with customers opting to buy only what they need for immediate consumption rather than stocking up [9][14] Market Outlook - Despite recent improvements in sales, the overall sentiment in the market remains cautious, with expectations that this year's festive sales will not match last year's performance [14] - Increased competition from online platforms and promotional activities is further complicating the market landscape for traditional liquor retailers [14]