Medical device industry gross margin of sales decline over the previous quarter how to do

1. Firstly, reduce total costs by optimizing production processes, purchasing more cost-effective raw materials and components, or negotiating with suppliers for more favorable prices.

2. Ensure consistent product quality and performance to improve customer satisfaction, thereby reducing return rates and improving brand reputation and customer loyalty.

3. Then find new market channels, such as Internet sales and entering new regions or countries to increase sales and gross margins.

4. Finally, investigate the market demand and develop new products or improve existing products. According to the preferences of different customer groups, develop targeted products to maintain a competitive advantage.