New data from GfK’s annual FutureBuy survey of shoppers shows a dramatic turn in the effect of “showrooming” (shoppers looking at/picking items in stores, then buying them online) with a decided edge going to brick-and-mortar retailers. The survey tracks omni-channel shoppers – both those engaged in showrooming and those that conduct “webrooming” (shopping an item online, but then buying it in a retail store) – in 17 countries and across 15 product segments…including consumer electronics.
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Having Dumped Everything Else, Pioneer Makes Plans to Dominate Car Electronics
About the AV biz? Hoping Onkyo Keeps the Pioneer Name…
Pioneer Corporation
In a revealing interview with the Nikkei in Tokyo, Pioneer Corp. President Susumu Kotani said that Pioneer – after spending several months selling off all of its divisions other than automotive – is considering resorting to acquisitions in order to build a dominant position within its chosen market. A radical shift after months of divestiture, he makes clear that the company is preparing to move to offense, in order to build a new – and expanded – future.
See more on the company’s plans – including just what areas Pioneer is considering entering… [Read more…] about Having Dumped Everything Else, Pioneer Makes Plans to Dominate Car Electronics
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
Despite Revenue Decline, JVC Kenwood Cuts Losses as Restructuring Takes Hold
JVC Kenwood Corp., the troubled consolidation of two struggling Japanese brands, seems to have turned a corner despite reporting fiscal Q2 and first half revenue declines and continuing losses. The company, which in January surprised many by announcing its decision to withdraw from the consumer electronics business to focus on B-to-B business, announced with pride that – although still showing a loss – the company has seen solid improvement in profits with dramatically reduced losses.
See more on this huge company in a big transition… [Read more…] about Despite Revenue Decline, JVC Kenwood Cuts Losses as Restructuring Takes Hold
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
Mel Gross, Iconic Pacific NW Sales Rep, Passes Away
Multiple media outlets – including Strata-gee.com – last week published several stories about the passing of Crestron founder George Feldstein, someone who impacted the industry nationally. But we have learned about the passing of another iconic figure in electronics – if on a more regional basis. Mel Gross, one of the industry’s more colorful characters, and a leading sales representative in the Pacific Northwest territory, passed away at the end of last month.
See more on this story, including why we chose to highlight it… [Read more…] about Mel Gross, Iconic Pacific NW Sales Rep, Passes Away
Audio Control Puts You in Control of Long-Run HDMI Installations
Audio Control announced this week the availability of its new high performance HDBaseT extenders that allow installers and integrators the ability to safely and successfully run HDMI signals over long distances reliably. The company has been in the audio/video extender (baluns) business for some time now, with these new models – the HDBT-S1 and HDBT-R1 – pushing the performance edge.
Learn more about these interesting new models from systems specialist Audio Control… [Read more…] about Audio Control Puts You in Control of Long-Run HDMI Installations
Further Turmoil at Nortek – Nemchev is Out
BREAKING NEWS
Multiple sources are reporting – and we have confirmed – yet another management shake-up at Nortek, Inc…Denise Nemchev has abruptly left the company. Nemchev was brought in as Nortek’s Vice President of Business Transformation in April 2013. In August of this year, and in the wake of the dismissal of Sean Burke as head of the Technology Solutions Segment, Nemchev was promoted to President of the AV Tech segment.
Now, about 90-days later, she too is gone.
