“This festive season, sales will pick up only If companies give very attractive offers. For the time being, the market is subdued. It might pick up after Dussehra.
Among product categories, I expect TVs and home appliances to sell the most. Products made by LG, Panasonic, and Whirlpool will sell the best.
The market is challenging because of the competition from online retailers. They are affecting every brick-and-mortar retailer, big or small. Customers want us to match the prices they see online.
There should be a different model for brick-and-mortar retailers and online sellers.”
Brands Retailed: Panasonic, LG, and Samsung