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You are here: Home / Archives for News

News

Put a Little Bounce in Your Sales with Spring Deck

August 14, 2014 by Ted 6 Comments

SpringDeck iPad & logoImagine this – your sales team heads out to meet with prospective clients for your integration business somewhere in your service area. In a meeting, the client likes what they hear, but wants to see just exactly what the salesperson is referring to.

Like magic – presto changeo – your salesperson whips out an iPad and instantly pulls up a sharp, colorful image of the key components being proposed. What’s that you say, Mr. Prospect? You’d like to know how many HDMI inputs this unit has? Another click and a pdf of a manufacturer’s product cut-sheet opens up to detailed specifications – ah, there’s the answer.

Oh wait! – your salesperson exclaims – let me show you this short video made by the manufacturer that demonstrates a key feature that would be perfect for you. A colorful video plays instantly and smoothly, without any “buffering” hesitation.

Is this a pipe dream? No…its Spring Deck – an all-new central resource for your sales team.. [Read more…] about Put a Little Bounce in Your Sales with Spring Deck

Filed Under: Brands, Industry Trends, Marketing, News, Pivot Point, Specialty, Tech Trends Tagged With: Blue Speed AV, Kevin Tromp, Spring Deck, The Davinci Group

ProSource to Offer SVS Subwoofers

August 13, 2014 by Ted Leave a Comment

ProSource LogoProSource, a national retailer buying group, will add SVS subwoofers to its product line-up, the company announced on Tuesday. According to a published statement, “SVS is being tapped to energize subwoofer sales for independent retailers…”

See more on this interesting development… [Read more…] about ProSource to Offer SVS Subwoofers

Filed Under: Brands, Marketing, News, Pivot Point, Specialty Tagged With: Dave Workman, David Workman, Gary Yacoubian, ProSource, SVS

Needing Cash, Sharp Will Sell Land Under Major Factory

August 13, 2014 by Ted Leave a Comment

Photo of woman walking past Sharp sign

Sharp Corp. is said to be in the process of selling the land under one of its major factories in Osaka, Japan, in a bid to raise cash. The transaction, reported by the Nikkei, is said to be happening as early as the current fiscal year.

But that’s not all the company is selling… [Read more…] about Needing Cash, Sharp Will Sell Land Under Major Factory

Filed Under: Asian Connection, Financial, Industry Trends, Manufacturers, News, Strategy Tagged With: Sharp

Azione Unlimited Collides with Kaleidescape

August 6, 2014 by Ted Leave a Comment

Kaleidescape logoAzione Unlimited, the retail buying group, announced this week that they have added Kaleidescape to their roster of vendors supporting the organization. According to their vendor listing on the groups website, this now brings their roster to 40 vendors with direct relationships, as well as more available through distributor partnerships.

See more on this new development… [Read more…] about Azione Unlimited Collides with Kaleidescape

Filed Under: Brands, News, Retailers Tagged With: Azione Unlimited, Cheena Srinivasan, Kaleidescape, Richard Glikes

Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

August 6, 2014 by Ted Leave a Comment

Mid-Year construction title slideThe Associated Builders and Contractors, Inc., (ABC) a builders trade association, held their third annual Mid-Year Construction Forecast presentation this week…inviting economists from three industry-related associations to present their outlook on the construction industry. This year, the invited economists included Kermit Baker (American Institute of Architects, AIA), David Crowe (National Association of Home Builders, NAHB), and their own Anirban Basu (ABC).

The economists this year were, overall, cautiously optimistic – with a heavy emphasis on caution.

See more on the presentations from the construction industry economists… [Read more…] about Builders Group Holds Mid-Year Construction Forecast Meeting; Economists Cautiously Optimistic

Filed Under: Associations, Economic Trends, Marketing, News, Statistics Tagged With: ABC, AIA, Anirban Basu, construction, David Crowe, housing, housing starts, Kermit Baker, NAHB, nonresidential construction, residential construction

Dazed and Confused About Hi-Res Audio? Here’s Help…

August 6, 2014 by Ted 39 Comments

GUEST POST

Photo of Bob Ludwig's studio
Who is this man and what is he doing? Read on…
(PHOTO: Len Schneider)

 

Quick: What’s the most misused term in audio next to “subwoofer”?

You, yeah, you in the back there – did you say “hi-res”?

No more calls, folks, we have a winner!

 

[Read more…] about Dazed and Confused About Hi-Res Audio? Here’s Help…

Filed Under: Associations, Brands, Industry Trends, Marketing, News, Strategy Tagged With: Bob Ludwig, CEA, DEG, Gateway Mastering, hi res, High resolution audio, Len Schneider

Nortek’s Struggling AV Division Forces Company to Book a $46.2 Million Q2 Net Loss; Burke is Out

August 5, 2014 by Ted 9 Comments

Sean Burke, Head of Technology Solutions Group is Leaving Company

Nortek LogoNortek Inc. released yesterday the financial results for their fiscal second quarter and first half showing a solid overall sales gain of 13.9% to $718.6 million, up from $630.7 million in the same quarter last year. Sales increased at a more moderate pace for the first half, coming in at $1.266 billion or 10.1% higher than the $1.149 booked last year.

But in a bit of a surprise, the company chose to break out the results of their AV division separately – clearly exposing what many had suspected for  a couple of years now – this division is in serious trouble. Even more surprising, in a filing with the SEC, the company revealed that Sean Burke, Group President of the Technology Solutions Group is leaving the company “to pursue other interests.”

See more on just what Nortek’s latest financial results show… [Read more…] about Nortek’s Struggling AV Division Forces Company to Book a $46.2 Million Q2 Net Loss; Burke is Out

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Almon Hall, AV, Michael J. Clarke, Nortek, Sean Burke

Ingram Micro Set Q2 Sales Record, But Net Profits Get Slammed by Reorganization Costs

July 31, 2014 by Ted Leave a Comment

Ingram Micro logoIngram Micro, Inc. reported the results for their fiscal second quarter and first half last week and the report was generally positive. The company noted that worldwide revenues in the quarter increased $600 million or 6% to a new Q2 record of $10.9 billion which they attributed to, among other things, “new mobility wins, robust networking sales and solid systems revenue in North America…strengthening retail and consumer markets in Europe; and better demand in Latin America.”

Ingram Micro’s press released  barely mentioned that net income dropped during the quarter. But a closer look at its SEC filing showed a meaningful drop in net income of 27.4% for the quarter and 36.8% for the half.

If things are going so well, why the drop in net profits at Ingram Micro?… [Read more…] about Ingram Micro Set Q2 Sales Record, But Net Profits Get Slammed by Reorganization Costs

Filed Under: Distributors, Financial, News Tagged With: Ingram Micro

Thiel’s New CEO Says Company ‘Struck a Chord’ Compelling Him to Join

July 31, 2014 by Ted 10 Comments

Thiel CEO John Wittman

In a telephone interview today, new Thiel Audio CEO John Wittman told us that the company “struck a chord with me personally,” virtually compelling him to take over as CEO after the owners’ invited him to look at the company last winter. Over the course of an interview that went on for more than a hour, Wittman candidly shared his thoughts and perspectives in an enthusiastic and – to the degree he felt appropriate – open manner.

See what Wittman had to say about where Thiel is at…and where it’s going… [Read more…] about Thiel’s New CEO Says Company ‘Struck a Chord’ Compelling Him to Join

Filed Under: Brands, Industry Trends, Management, Manufacturers, News, Pivot Point, Specialty, Strategy Tagged With: Jim Thiel, John Wittman, Paul Fisher, Thiel

Good News: Sharp is Forecast to Lose 2 Billion Yen in Fiscal 1st Quarter

July 29, 2014 by Ted 1 Comment

Photo of Sharp solar panelReport Says Sharp Plans to Withdraw from Consumer Electronics & Solar Businesses in Europe

In a new report out of Japan, the Nikkei is forecasting that Sharp Corp. will book a net loss of around ¥2 billion ($19.6 million) for their fiscal first quarter (April – June) this year. The report further says that the company plans to exit both the consumer electronics and solar panel businesses in Europe in order to refocus their efforts on other markets.

Why is a ¥2 billion loss good news? See more below… [Read more…] about Good News: Sharp is Forecast to Lose 2 Billion Yen in Fiscal 1st Quarter

Filed Under: Asian Connection, Financial, Industry Trends, Manufacturers, News, Pivot Point, Strategy Tagged With: IGZO, Sharp

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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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