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The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’sconsumerelectronics sector has seen a sign of recovery.
“Right now, we’re seeing a once-in-a-generation shift that is opening the doors to a major new advertising opportunity for retailers and brands,” explains Troy Townsend, co-founder and chief innovation officer at The Pistol , a leader in marketing technologies and services.
Australian consumerelectronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. The group eventually decided to “double down” on the New Zealand market, and invest in building it up as the broader retail market recovered.
Hilco Streambank, a specialist in monetising intellectual property assets and distressed brands, said it had been retained to manage the sale, subject to bankruptcy court approval. As increasingly more newcomers enter the consumerelectronicsmarket, owning a brand as recognisable as Aiwa would be a tremendous competitive advantage.”
In the case of books, media, and gaming, 48 per cent of consumers say they are now unlikely to revert to the way they shopped pre-pandemic, up from 44 per cent six months ago. Shoppers in the consumerelectronics segment reported a similar sentiment. consumer-insights.
Almost a third of consumers report better online shopping and delivery experiences during the pandemic and more than 20 per cent report that in-store experiences improved. Consumer-facing businesses have built valuable goodwill among their customers. Consumers unevenly impacted.
Cyber Week gets bigger every year for retailers, particularly with consumers wanting to jump on discounted big-ticket items, like home appliances and consumerelectronics, ahead of the Christmas rush. Lovehoney Australasia director Rob Godwin: Toughest hiring market in 19 years. “We
On Friday, JB Hi-Fi Group CEO Richard Murray officially left the consumerelectronics company, where he has held various roles for the past 18 years, to lead Solomon Lew’s Premier Retail business; Terry Smart, previously managing director of The Good Guys and CEO of JB Hi-Fi, took over the top position.
India’s DTC retail landscape has been evolving rapidly, driven by factors like increasing internet penetration, a shift in consumer preferences towards online shopping, and the ascent of digital marketing. Industry experts predict significant further expansion in the DTC market in the years to come. What lies ahead?
Anchorage struck gold with the $20 million acquisition of the Dick Smith consumerelectronics chain from Woolworths Group in November 2012. Woolworths had written off more than $420 million restructuring the business, which was Australia’s largest consumerelectronics chain by store count. Myer merger in the offing? .
As the world’s largest cosmetics company, it continues to outperform the dynamic global beauty market. L’Oréal presented the Water Saver, a sustainable haircare system for the salon and at-home beauty routine, at the 2021 ConsumerElectronics Show, and that same year it was named in Time’s “100 Best Inventions of the Year”.
Korean consumerelectronics giant LG has launched a new online shopping experience for customers in Singapore, as it looks to tap into the region’s soaring e-commerce market. So, fraud is a major concern for businesses and consumers.
In the rapidly evolving and changing marketing world, staying ahead of the curve is not just an advantage—it’s a necessity. That’s where marketing trade shows come into play, serving as epicenters of innovation, networking, learning, and brand growth. Here are the top 10 Marketing Trade Shows you won’t want to miss.
The more brands can see, ‘When I put X in, Y happens’, the more they feel that they’re in control, the more they’re investing in this flywheel, because at some point, it’s proving to be a better use of their finite marketing resource than another platform or another investment,” Waecker said. Everything becomes ad hoc.
While consumer brands are gearing up for the holiday season, many are looking even further ahead to the consumer tech event of the year – the ConsumerElectronics Show (CES). In addition to more strategic marketing materials – dont forget to consider branded swag that can be handed out to any attendee.
Meanwhile, Robert Dyas, which opened at the end of August, occupies a 4,000 sq ft unit providing shoppers with a range of housewares, small electrical appliances, gardening products, kitchenware, DIY, and consumerelectronics. Five Guys, the iconic American burger chain, has also opened a 3,500 sq ft outlet on Braccan Walk.
Take consumerelectronics, where sales are softening concerningly. Shopping like the Germans Even in the good times, Australian consumers are value-driven, more so than in comparable markets like the US and UK. When multiple retail groups are bracing for impact publicly, we should take note.
Commonwealth Bank’s Executive Manager, Consumer and Diversified Industries, Jerry Macey, said proactive initiatives are a powerful way to create engagement and loyalty with consumers who expect circularity and prefer to shop with businesses that support it.
As consumersmanage cost of living pressures, it’s led to a pullback in spending across the retail landscape, particularly in non-discretionary categories. CommBank’s latest Consumer Insights Report shows that around one in four Australians have not enough, or just enough, to meet household expenses.
The ConsumerElectronics Show, better known as CES, is the ultimate playground for technology enthusiasts, product manufacturers, and innovators. Whether you’re interested in consumerelectronics, automotive advancements, or medical breakthroughs, CES 2025 will have something for everyone.
This month, we sat down with Aurelien Joly, the Founder and Managing Director at Unlock APAC to ask him the following questions. Unlock APAC is a market-entry consultancy agency that focuses on helping innovative brands launch and scale their presence across the Asia-Pacific (APAC) region. Tell us more about Unlock APAC?
Held annually in Las Vegas, Nevada, CES showcases the latest innovations and trends in consumerelectronics, including software services. Hosted by Adobe, this conference showcases the latest innovations in digital experience management, including content creation, data-driven marketing, and personalized customer experiences.
Beginning with idea generation and market research to identify market gaps, companies go through multiple stages of product development before launching the product. Research phase Before diving into ideation, it’s essential to grasp market demand.
One of the biggest and most innovative electronics trade shows in the world is the famous CES, known as the ConsumerElectronics Show. Here are the different types of electronic events: ConsumerElectronic Shows: These shows specifically focus on gadgets and technologies that we use every day.
Are you a small consumerelectronics product brand who’s trying to figure out how to sell to Best Buy? Best Buy is the largest brick-and-mortar retailer in the US for consumerelectronics, which is why thousands of brands attempt to get their products in the company’s stores every year.
To answer this question, here are some reasons why a particular company might have been rejected by the retailer: The company or the products didn’t have a track record of sales or lacked mass market appeal ( Buyers hate being a guinea pig for an untested company or product ). Determine the correct cost/pricing strategy.
Even before the pandemic, executives and upper management were questioning the cost of exhibiting and ROI. Large corporations that excel in online markets benefited from the lockdowns and travel restrictions. It depends on two things: Your industry and market level. The recent ConsumerElectronics Show (CES) is a good example.
Even before the pandemic, executives and upper management were questioning the cost of exhibiting and ROI. Large corporations that excel in online markets benefited from the lockdowns and travel restrictions. It depends on two things: Your industry and market level. The recent ConsumerElectronics Show (CES) is a good example.
Here’s a list of some of the largest shows along with the industry they represent: World of Concrete (building & manufacturing) ConsumerElectronics Show (consumer tech) National Auto Dealer’s Association (automotive) Black Hat USA (cybersecurity) Maintenance, Repair and Operations Americas (aerospace). ??
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