As consumption upgrades, will there be no market for cheap goods?

With the development of society, people's living standards continue to improve. When it comes to cheap goods, it will be accompanied by inferior products and tacky packaging, so people also look at it with disdain. So someone asked me, but I just sell it cheap. Is it true that goods must go against the trend and be eliminated by the times?
Of course not. A study on consumption upgrading in the United States found that in the process of upgrading the consumption of the American middle class, consumption in other categories has been downgraded (such as the rise of high-quality and low-priced supermarkets).
The same history is also happening in China. Although consumption is upgrading, it is not that bargains have no chance, but that consumers are becoming more and more smart and rational. Some places buy high-quality products, while others choose bargains.
Shichuang Youpin is a fashionable and leisure department store that combines high-quality products with excellent prices to bring practical, high-quality and low-price products to consumers. The leading casual fashion department store brand originating from Korea advocates creative, high-quality products at low prices under the guidance of the philosophy of natural, comfortable and healthy life. With a wide range of diversified procurement channels, Shichuang Youpin has provided consumers with ten series and tens of thousands of exquisite, practical, high-quality and low-price leisure department products, which are deeply loved by young consumers and have risen rapidly in just a few years. Become a brand trusted by consumers.
That is to say, in the era of consumption upgrading, cheap goods will be repositioned, designed and packaged to adapt to the mainstream, bringing a better consumption experience to consumers.