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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
Entertainment Goes Online – A $5 Billion Opportunity
November, 2018
Dealers Speak
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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 -
There was a surprising rise in durables sales in July. As the lockdown opened up in phased manner and electronics stores too became operational, we started seeing some footfall in...Read More -
Sales from our counter have slowed down tremendously. Consumers in our region have held on to their purchase decisions as the scenario still remains uncertain. We have been receiving only...Read More -
The ongoing trade war with China may harm the consumer durables market in the immediate future. One of the major reasons being that India is still in the process of...Read More -
There was an upswing in sales of home appliances in 2019 from our counter with refrigerators being the largest contributor. There were several first-time buyers in our store as an...Read More