Starting off press day at CES 2015 with a bang, LG Electronics, Inc. seemed to us to convey a decidedly cool confidence. In the past, LG could be defensive…often struggling to emerge from the shadows of its larger rival – Samsung.
Marketing
Soon to be Resident on Russound Products – Spotify
In a conference call with the press last Thursday, Russound executives proudly announced that they have closed a deal to offer Spotify streaming music content in Russound products. Spotify, one of the two most popular music streaming services in the United States, has very high international demand, Russound says – noting that this new agreement will help stimulate global demand for Russound products.
See more on Russound’s deal with Spotify & why its significant… [Read more…] about Soon to be Resident on Russound Products – Spotify
Thiel Says It Will Introduce New TT1 Speaker System at CES
Thiel Audio announced this week that it will introduce a new loudspeaker system – the TT1 – at the upcoming Consumer Electronics Show (CES) in Las Vegas in January. Calling it an “ultimate performance three-way loudspeaker,” the announcement is the first major launch since the current management team was put in place earlier this year.
But, the TTI was not a total surprise… [Read more…] about Thiel Says It Will Introduce New TT1 Speaker System at CES
Here Are Affluents’ Holiday Shopping Plans
If you are like many of our readers, you are either a custom integrator or specialty AV retailer who serve the Affluent ($75,000 per year income and up) market. Two new pieces of market research provide colorful illumination of the holiday shopping plans of Affluents for this coming holiday season.
And the results of this research may give you pause… [Read more…] about Here Are Affluents’ Holiday Shopping Plans
Sennheiser Launches Its Own Retail Stores, At Least Temporarily
The Sennheiser Group, a well-known manufacturer of headphones, microphones and wireless transmission systems, launched two “pop-up” stores – one in New York and another in San Francisco – this past weekend. Their purpose? To showcase Sennheiser products and to highlight its “efforts to increase consumer awareness on the benefits of premium sound.”
See more on Sennheiser’s foray into retail this holiday season… [Read more…] about Sennheiser Launches Its Own Retail Stores, At Least Temporarily
SVS Hires Director of Global Sales
SVS, a brand that markets its line of speakers and subwoofers both direct-to-consumers and through retailers, announced today that it has hired Walter R. Schofield as its new Director of Global Sales. The company says the appointment is effective immediately.
See more on Schofield and SVS… [Read more…] about SVS Hires Director of Global Sales
Do You REALLY Know What Kind of Behavior Your Customers Expect of You?
A new survey from Cohn & Wolfe – and discussed on MarketingCharts.com – suggests a possible sea change in the expectations of your customers as to the behavior of your company. We’ve seen some other similar surveys…and if you haven’t gotten clued in to this yet – well read on, the results may surprise you…
Do you REALLY know what your customers expect of you? Check out the results below… [Read more…] about Do You REALLY Know What Kind of Behavior Your Customers Expect of You?
Dow Electronics to Sell Harmony Remote Nationwide
We have learned that DOW Electronics, a Florida-based satellite and electronics distributor, is adding Logitech’s Harmony remote control line to its expanding custom integration (CI) assortment. In addition, and perhaps more importantly, we are told that the company will be distributing the line on a national basis.
See more on this new new CI line for the expanding Dow… [Read more…] about Dow Electronics to Sell Harmony Remote Nationwide
Nortek Releases Q3 Results; Has AV Turned a Corner?
Nortek, Inc., a diversified manufacturer of commercial and residential products largely targeted towards the new construction business, announced on Monday the financial results of the third quarter of their current fiscal year. Overall, the results were mostly positive, although two of their business units saw revenues decline in the quarter. Surprise…surprise…neither of them were the newly designated AVC (Audio Video Control) segment, as you (and we) might have suspected.
AVC showed a sales increase. Does this mean AVC has turned a corner in results?… [Read more…] about Nortek Releases Q3 Results; Has AV Turned a Corner?
You Knew It Was Dying, But LG Makes It Official – Plasma is Dead
Yesterday in South Korea, LG Electronics made formal what we all knew was coming – they are ending production of all plasma display panel products. Even though we knew it was coming, somehow…it still hurts. We’ve had many an engineer tell us the plasma was the most accurate picture available – many saying they own it themselves. Certainly, they are sure to be ruing this day.
