As I’ve noted when discussing the e-reader market, Amazon and Barnes & Noble have an inherent advantage in garnering overall revenue given that they can call upon databases of millions of active book-buyers. When I wrote about the in-store Nook angle that Barnes & Noble was taking, I mentioned how electronics retailers could benefit from this level of integration. Last week, prior to the Google TV announcement, Best Buy announced it will offer its version of Sonic Solutions’ RoxioNow video program under its original CinemaNow brand, which Best Buy has acquired.
Read more »
On its earnings call last week amidst the backdrop of CTIA, Best Buy noted its intention to open 75 to 100 “small-format” stores, the lion’s share of which will be Best Buy Mobile stores. The retailer, which is a dominant seller of televisions and PCs, sees great potential in the “third screen” of the cell phone, even though it has limited control of device pricing (and even less control over subscription pricing). First, it believes that its impartiality, selection, and customer service can offer advantages that the carrier stores cannot. And handsets offer supplemental revenue streams of accessories, Geek Squad setup, and ongoing maintenance and data management services.
Read more »
Today is Black Friday, November 28, 2008 - the traditional start of the holiday shopping season - and for what seems like the 100th time (although it is only about 10 times) I awoke early and trudged off to the shopping malls and power centers of Northern Virginia to check on the health of the electronics business. While we won’t know how successful these sales were until December 8th, when NPD’s weekly data is released and we deliver our annual Black Friday shopping report later that week, as well as update everyone through our joint Black Friday webinar with DisplaySearch, I am here to tell you that, based on my shopping this morning, and other reports already trickling out, that our fears that Black Friday would fall flat are likely overblown.
The collapse of sales and consumers’ expectations over the last eight weeks (as well documented in NPD’s weekly tracking service data and the NPD Consumer Technology Holiday Snapshot Report) has been swift and scary. The key question for today is whether that decline can be arrested by the deep discounts and shopping excitement that Black Friday has traditionally brought.
Read more »
Hi everyone. It’s my pleasure to welcome you to NPD’s official blog with this inaugural post. As some readers may know, I’ve been blogging for a few years now and am delighted to see NPD proper join the conversation alongside our DisplaySearch colleagues.
My fellow analysts and I will use this forum to offer our perspective on issues affecting our dynamic industry. Our viewpoint is shaped by NPD’s unique point-of-sale and consumer information resources, which help our clients and us understand what is happening in the world of consumer technology and why. It seems appropriate to use Black Friday, the most disruptive day in electronics retailing, as the catalyst to launch our entry into this disruptive medium.
The Consumer Technology Holiday Spotlight Report, now going out to some NPD clients, included the results of a fourth-quarter survey that asked consumers about their holiday plans. Questions focused on popular holiday categories, including flat-panel TVs, notebook and desktop PCs, portable navigation devices, digital cameras, MP3 players and digital picture frames. NPD also asked consumers about what would most motivate them to shop for doorbuster specials or to shop later in the day on Black Friday.
NPD found that the largest segments of likely buyers said they definitely or probably would completely abstain from categories they intended to purchase due to the economy. I’ve already shared some thoughts on the results of this research in my most recent Tech on Deck column.
Read more »
Consumer Technology | Ross Rubin, Executive Director, Industry Analysis | 
May 24, 2010 2:59 pm | 
Comments (0) 
Subscribe
