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Distributors

Snap One Opens Six New Warehouses; Will Host 400 Trainings in 2023

September 28, 2023 by Ted Leave a Comment

New Snap One warehouse location

Barely out of CEDIA Expo 2023, Snap One announced this week that it has launched six new warehouse locations they call local partner stores, further filling out its national distribution footprint. The company also said it will finish 2023 having hosted no fewer than 400 events – a prodigious effort at connecting with its customers, the local integrators.

See more on this latest muscle flex by Snap One

[Read more…] about Snap One Opens Six New Warehouses; Will Host 400 Trainings in 2023

Filed Under: Distributors, Manufacturers, Strategy Tagged With: Snap One, warehouse stores

Multiple Reports: Next Level Distribution to Shut Down Operations

September 28, 2023 by Ted 1 Comment

Next Level Distribution website

Next Level Distribution is reportedly planning to shut down operations after it completes the liquidation of its existing inventory, according to multiple reports. The multi-location distributor/fulfillment house of major brands of automotive and residential electronics was founded in 1993, first under the name of Audio America. In 2020 it changed its name to Next Level Distribution.

See more on the closing of Next Level Distribution

[Read more…] about Multiple Reports: Next Level Distribution to Shut Down Operations

Filed Under: Buying Groups, Distributors, Financial Tagged With: Audio America, Dennis Holzer, Next Level Distribution, Powerhouse Alliance

Italian High-End Audio Maker Gold Note Selects Fidelity Imports as U.S. Distributor

March 23, 2023 by Ted 1 Comment

Photo of a Gold Note turntable

Firenze, Italy-based high-end audio manufacturer Gold Note announced this week that it has selected Fidelity Imports as its exclusive U.S. importer and distributor. According to Gold Note’s announcement, the appointment will take effect starting April 1, 2023.

See more on Gold Note and Fidelity Imports

[Read more…] about Italian High-End Audio Maker Gold Note Selects Fidelity Imports as U.S. Distributor

Filed Under: Brands, Distributors, Manufacturers, News, Products, Specialty Tagged With: Fidelity Imports, Gold Note

Russound Says ISE 2023 was a Blast

February 15, 2023 by Ted Leave a Comment

Charlie Porritt/Russound (L), Mike Blackman/ISE (C), and Pete Baker/Russound Rep (R)

Russound released a statement today from CEO Charlie Porritt who summed up their experience at the recent ISE 2023 event in Barcelona. According to Porritt, the show was “one of the most productive, well-run, and enjoyable trade events to date.” It doesn’t get much better than that…

See more on Russound’s experience at ISE 2023

[Read more…] about Russound Says ISE 2023 was a Blast

Filed Under: Brands, Dealers, Distributors, Integrators, Management, Manufacturers, News, Products, Residential, Shows & Events Tagged With: Charlie Porritt, ISE, Mike Blackman, multichannel amplifiers, Pete Baker, Russound

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

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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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