Weathering the storm
January, 2021The pandemic has permanently altered consumer behavior and there is no going back to the pre-pandemic world for consumer brands. With a wider variety of options and the convenience of…Read More
Industry
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Daikin Airconditioning India Pvt. Ltd.
December, 2020The transformation of Daikin Airconditioning India Pvt. Ltd., continued tremendously during FY2019-20. Total revenue for the year ended March 31, 2020 stood at Rs.4046.10 crore as compared to Rs.3678.70 crore…Read More
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Inside the chaotic unraveling of Jack Ma’s USD 35 billion IPO
November, 2020The mid-level bureaucrats left China’s richest man waiting as they prepared for a meeting that would send shockwaves across the financial world. It was a recent Monday morning in Beijing,…Read More
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The Videocon saga
November, 2020The Videocon Group has made an offer of Rs.30,000 crores to a Committee of Creditors to clear outstanding dues partially and pull 13 of their group companies from the insolvency…Read More
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Lee Kun-hee the visionary who built Samsung is no more
November, 2020Lee Kun-hee, who built Samsung into a global giant of smartphones, televisions, and computer chips passed away on October 25 in Seoul, after spending 6 years in a coma. He…Read More
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Diwali brings huge relief albeit a temporary one
November, 2020It is still to be determined, whether the huge spike in e-commerce spending is coming at the expense of the brick-and-mortar stores or an increase in demand Festive season –…Read More
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Avoiding the cold crunch
November, 2020Great advances have been made in the efficiency and affordability of air conditioners, enabling large-scale adoption in countries around the world. At the same time, the actual efficiency of deployed…Read More
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Prioritizing energy efficient ACs
October, 2020Star labeling has succeeded in winning consumer trust. However, the high cost of high-efficiency appliances continues to be a barrier that has to be surmounted to push high efficiency ACs…Read More
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Leading to a seismic shift in consumer behavior
September, 2020Retail businesses have a unique opportunity to reset and rebuild for the longer term. How they help consumers navigate the pandemic will influence their future success. Consumer habits have changed—and…Read More
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Reimagining and reinventing are the buzzwords
September, 2020No industry has gone untouched as we grapple with the novel coronavirus pandemic. In their immediate response to the COVID-19 outbreak, electronics companies have been true to their purpose of…Read More
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Technology is back
September, 2020Every year, Germany’s massive Messe Berlin complex is taken over by the world’s leading technology companies, revealing their upcoming releases ready for Christmas and heading into next year, as well…Read More
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Post-COVID-19 discretionary spending in Asia
August, 2020A survey of consumers in China, India, and Indonesia shows how the COVID-19 outbreak has affected their plans for discretionary spending–and which shifts could be part of the next normal….Read More
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India heading to be a hub for mobile phones
August, 2020With the July 31 deadline for applications over, specific manufacturing plan from manufacturers is awaited. The government had in June started inviting applications for three schemes, PLI, Scheme for Promotion…Read More
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#ThinksLikeYou
January, 2020Livpure for the first time has associated with Flipkart, the world’s largest e-commerce platform for their digital campaign on Livpure Smart AC #ThinksLikeYou. The film targets the millennials of today…Read More
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Feel it to believe it
January, 2020In line with the launch of their new global brand look, Johnson Controls-Hitachi Air Conditioning India Pvt. Ltd. (JCH-IN) has released a series of short films to strengthen the bond…Read More
Dealers Speak
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The market has generally been slow be it televisions or home appliances. Dishwashers saw a spurt for a couple of months, but the boom seems to be over for that...Read More -
Kota is an educational town, with about 300,000 students residing here. As the pandemic spread, they have all gone to their respective home towns, and the city is absolutely dead....Read More -
Sales has been good for the last 3 months. In September 2020 we grew by 35 percent over September 2019, in October by 30 percent over October 2019, and expect...Read More -
We have no complaints this festive season. Sales has been good across most product lines, LED TVs, washing machines, dishwashers, et al. I understand, there is a shortage of panels,...Read More -
The market for the dealer fraternity is getting tougher by the day on the back of highly competitive environment. Despite all challenging factors, we are bullish on gaining back our...Read More -
The market has been on a decline for the last 3-4 years for small- and medium-sized dealers in the country because of the strong emergence of e-commerce and expanding range...Read More -
2020 has been the most difficult year since we started this business, as the pandemic struck right in the beginning of the year. We were already struggling to increase profitability...Read More -
Our current strategy for gaining profitability is to aggressively market product segments that have gained traction during the lockdown, including televisions, washing machines, and air conditioners. We have even expanded...Read More -
We have never seen such a drastic shift in the consumer trend. Even though the majority of our customers has shifted to online shopping, as the fear factor of contracting...Read More -
Since 2018, festive season sales have been lackluster and 2020 is not expected to be any different. We had pinned hopes on Onam, but the footfall turned out to be...Read More -
We are seeing 10 percent growth in the current quarter as against 2Q2020. Smart TV has become the fastest moving model on our counter. Work-from-home scenario has encouraged the consumers...Read More -
2020 has been the most challenging year in our 25 years of retail business. We have even survived the brunt of e-commerce, but the pandemic ensued with economic disruptions has...Read More -
Even though COVID-19 has deterred the growth expected for 2020, the pandemic has expedited the transformation process for every stakeholder in the CE, HA, and AC industry. It is not...Read More -
Home appliances saw a surge in demand in our region as consumers’ discretionary spending increased in 2019. NBFCs like Bajaj Finance provided an impetus to demand. Refrigerators and washing machines...Read More -
Refrigerators, washing machines, and water purifiers witnessed the highest growth in sales from our counter in 2019. Frost free refrigerator models gained traction as replacement buying saw an increase. Top-load...Read More