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Distributors

Why is Snap One Stock Dropping to New 52-Week Lows Recently?

December 2, 2022 by Ted Leave a Comment

slide from Snap One earnings report

Snap One (NASDAQ: SNPO), a major player in the custom integration/smart home channel, recently reported its fiscal 2022, third-quarter results last month, showing both revenue gains and reduced losses. The company says sales are slowing and they revised their forward-looking guidance for yearly performance downward.

Since this earnings report was released, the value of Snap One stock has really struggled, dropping 19% and setting several new 52-week lows.

See why Snap One stock struggles in the wake of their Q3 performance report

[Read more…] about Why is Snap One Stock Dropping to New 52-Week Lows Recently?

Filed Under: Brands, Distributors, Financial, Integrators, Management, Manufacturers, News Tagged With: John Heyman, quarterly earnings, Snap One

In Executive Team Expansion, Fidelity Imports Appoints Director of Finance and Operations

November 14, 2022 by Ted Leave a Comment

Fidelity Imports logo

Fidelity Imports, a U.S. importer and distributor of fine, upscale audio products, announced this month the appointment of Derek Kolterman as Director of Finance and Operations. The move is said to be the result of dramatic company growth driving the need for personnel expansion.

See more on Fidelity Imports and Derek Kolterman

[Read more…] about In Executive Team Expansion, Fidelity Imports Appoints Director of Finance and Operations

Filed Under: Distributors, Management, News, People Tagged With: Fidelity Imports, Steve Jain

Sonance Names National Sales Manager for Canada Biz Transition

November 10, 2022 by Ted Leave a Comment

Sonance logo with slogan

Sonance announced last week that it was transitioning its business model in Canada from one centered around a distribution model with an in-country partner responsible for all sales and servicing in the country to a new direct one where Sonance HQ will directly handle all sales and service of its products there. This week, we learn that the company has appointed a new National Sales Manager for Canada, responsible for implementing this new business model, building an all-new sales team, and managing their sales operations there.

That new executive is Toronto-based sales professional Brad Middleton.

Learn more about Sonance appointing Brad Middleton

[Read more…] about Sonance Names National Sales Manager for Canada Biz Transition

Filed Under: Dealers, Distributors, Integrators, Management, News, People, Residential, Sales, Sales Reps, Strategy Tagged With: Brad Middleton, iPort, James Loudspeaker, Sonance

Sonance Residential Biz In Canada to Go From Distributor to Company Direct

November 2, 2022 by Ted Leave a Comment

Sonance booth at CEDIA Expo 2022

Sonance announced this week that it is transitioning its residential business in Canada to a direct model, ending its distributor-led approach that has existed there for several years. Beginning on January 1, 2023, all sales and service of residential products from Sonance, James Loudspeaker, and IPORT will be handled directly by Sonance’s salesforce.

Learn more about this change by Sonance in Canada

[Read more…] about Sonance Residential Biz In Canada to Go From Distributor to Company Direct

Filed Under: Brands, Distributors, Integrators, Manufacturers, News, Residential, Sales, Strategy Tagged With: Canada, iPort, James Loudspeaker, Sonance

Acoustic Energy Loudspeakers Names Fidelity Imports as U.S. Business Partner

September 7, 2022 by Ted Leave a Comment

Acoustic Energy website with Fidelity Imports logo

London-based Acoustic Energy Loudspeakers Ltd., announced today it has appointed growing high-end specialty distributor Fidelity Imports as its “exclusive new business partner for the US market.” Fidelity will take over full responsibility for sales and support of its line throughout the U.S.

See more on Acoustic Energy’s appointment of Fidelity Imports

[Read more…] about Acoustic Energy Loudspeakers Names Fidelity Imports as U.S. Business Partner

Filed Under: Brands, Dealers, Distributors, News, Products, Specialty Tagged With: Acoustic Energy

If I Was an Integrator Specifying Savant, I’d Do This Immediately

June 29, 2022 by Ted Leave a Comment

more integrators are selling Savant smart energy solutions

Company’s Power Division Expands National Distribution

You may have seen the recent announcement from Savant that they have broadened the distribution of their new energy management solutions to a pair of new, strategically significant distribution partners. You may have ignored this news, perhaps not recognizing the distributors who are both better known in the electrical/renewable contracting communities.

But if you are an integrator who specifies Savant products in your proposals, you should be really paying attention to what this company is doing with its powerful (pun intended) energy management strategy. It’s big!

What I would do if I were an integrator selling Savant products…

[Read more…] about If I Was an Integrator Specifying Savant, I’d Do This Immediately

Filed Under: Distributors, Integrators, Manufacturers, News, Residential, Strategy Tagged With: energy, energy management, Savant, Savant Power

Russound Previews an Array of New Products at ISE 2022

May 26, 2022 by Ted 1 Comment

Russound app

Russound, a designer/developer/manufacturer of innovative audio products for the integration channel, launched an array of new products for 2022 at ISE (Integrated Systems Europe) 2022 earlier this month at the Gran Via in Barcelona, Spain. These interesting new products include a new series of landscape and rock speakers; a new, next-generation Bluetooth source kit; and a new “ultimate” Android touchscreen.

Learn all about the Russound ISE product launch preview

[Read more…] about Russound Previews an Array of New Products at ISE 2022

Filed Under: Brands, Distributors, Integrators, Manufacturers, News, Products, Shows & Events, Technology Tagged With: ISE, Russound

Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

May 19, 2022 by Ted 2 Comments

Snap One cover photo

At the end of last week, Snap One Holdings Corp. released the results of their fiscal 2022 first quarter, a period which ended April 1, 2022, with comparisons to the same quarter last year, which ended on March 26, 2021. The company showed good revenue growth in the quarter but is still dealing with a net loss – albeit less of one than in 2021.

See the details on the Snap One fiscal Q1 results

[Read more…] about Snap One Fiscal 1st Qtr Results Show Good Revenue Growth, But a Net Loss

Filed Under: Brands, Distributors, Financial, Integrators, Management, Manufacturers, News, Strategy Tagged With: earnings, John Heyman, Mike Carlet, Snap One

Tampa Integrators Angered as Supplier Becomes Competitor

April 28, 2022 by Ted 8 Comments

DOW Technologies logo

Owners of Distributor DOW Technologies Launch Integrator SMARTSolutions

For years, many Tampa, FL-area integrators relied upon distributor Dow Technologies as a valued supply partner for the technology solutions they needed to complete their system designs and installations. But not long ago, the owners of Dow Technologies acquired an integration business and merged it with their existing satellite installation business to create a new Tampa integrator they call SMARTSolutions – and now many of those same integrators say a partner…has become a competitor. And they are quite angry about it…

See more on Tampa integrators and Dow Technologies

[Read more…] about Tampa Integrators Angered as Supplier Becomes Competitor

Filed Under: Distributors, Integrators, Management, News, Strategy Tagged With: Chip Yodzis, conflict of interest, DOW Electronics, DOW Technologies, Jaret Nichols, John Yodzis, SMARTSolutions, Tampa Bay Electronic Systems

Future Ready Solutions Appoints Lawrence Davis as VP of Biz Dev

March 24, 2022 by Ted Leave a Comment

photo of Lawrence Davis

Future Ready Solutions (FRS), a distributor of cable and connectivity products, announced this week that it has appointed Lawrence Davis as Vice President of Business Development. Davis has a long career in tech, mostly in sales management for a wide range of prominent brands.

Learn more about Davis joining Future Ready Solutions

[Read more…] about Future Ready Solutions Appoints Lawrence Davis as VP of Biz Dev

Filed Under: Distributors, People Tagged With: Eric Bodley, Future Ready Solutions, Lawrence Davis

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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