And it's working well for them.
But why doesn't it exist in many product categories ? Why it's so hard to find a list of similar Chinese brands for different product categories ?
[0] e.g. https://www.youtube.com/watch?v=AfyAjkPIYyc [1] https://www.youtube.com/channel/UCO8DQrSp5yEP937qNqTooOw [2] e.g. https://www.youtube.com/watch?v=NZh7VfxBmcw
Chinese manufacturers and retailers are moving up the value chain as fast as they can, but it's not an overnight process and no-brand goods aren't going away.
I observed a progression going like this in my hobby (firearms and accessories):
1. No Chinese goods. Expensive US and European brands dominate the market.
2. Chinese goods enter by extending their airsoft product lines, and quickly dominate the "cheap junk" market. But there's a huge gap in both price and quality between them and older brands. Older brands still retain a large part of the market, because the quality of that new stuff below "good enough" in most cases.
3. Small companies that don't have an established brand name and compete on prices start outsourcing to China and offering products at "made-in-China, QC'd-in-USA" prices, with warranty, tech support etc. The prices are now about 1/3 of established brands, unlike the junk before that was at 1/20. This creates a whole new market segment, which takes away a lot of customers from those brands, because it's past the "good enough" bar.
4. Large companies jump on the bandwagon to compete. You start seeing essentially the same design with minor cosmetic changes being rebranded and sold by various companies. Because this is fairly obvious in the age of the Internet, the value of the brands diminishes.
5. Chinese suppliers find their way to the American market, and start selling the same stuff directly, offering comparable warranties and customer support, but at even lower prices. New brands get established in this manner (e.g. Holosun).
6. Chinese brands start targeting the high-end market, and adding exclusive features for their own products, that are not available in generic product lines intended for rebranding (at least, not until sometime later).
The industry was around #1 up until mid-2000s or so, and it just got to #6 about a year ago. Anything that's not made in China is squeezed into narrower and narrower niche at the top of the market. Holosun got to the point where they are making $1K+ electronics that is competing against $2K+ equivalents by established brands - in other words, they're already contesting for the part of the market way above where most customers are.