February 22, 2019
Headlines
- Air Conditioner Makers Expect A Cooler Summer
- Non-Appliance Revenues Soar For Consumer Durables Firms In Q3
- AC Companies Post Decent Revenue Growth In Q3
- IESA Vision Summit 2019 To Focus On Intelligent Electronics
- American Double Standards On India’s E-commerce FDI Rules
- Reliance vs Foreign E-commerce Giants
- Post FDI E-comm Rule Amazon Dials Down Commissions Charges
- Budget 2019
- RBI Rate Cut To Boost Growth, Make Loan Affordable
- Indian Consumers Say Big Hello To Voice-Based Devices
- Consumer, Retail Lenders Make 93 Percent Of FY19 Market Capitalization Gains
- Ambani To Invest USD 1.4 Billion In Indian State, Wil Help E-commerce Expansion
- Electroprenuer Park Invites Proposals From Electronics And Hardware Startups
- Budget 2019: Manufacturing Industry Outlook
- Interim Budget 2019 Reaction
- Evaluating Changes In FDI Rules To Avoid Unintended Consequences: Amazon
- E-shopping To Cost More, No Quick Deliveries
- Why Reliance Mukesh Ambani E-comm Move Is Nothing Like Past Experiments
- IESA Pushing Startup Innovation
- Startup That Turns Air Conditioner Into Purifier Gets Angel Funding For Growth
- Walmart Canada Provides Consumers Access To Indian Merchants
- Govt. Rule Change On E-commerce May Bring A Windfall For Reliance
- SoftBank’s India Kitty Set To Cross USD 10 Billion
- Snapdeal Backs India’s E-comm Curbs, Assures Compliance
- Increase Custom Duty On Imported Consumer Durables: CEAMA
- Budget 2019: ELCINA’s Key Suggestions For Finance Minister For Electronics Sector
- Reliance Can Be India’s Alibaba, Says Report
- The Alarming Rise Of India’s Trade Gap With China
- Will India’s New FDI E-commerce Policy Save The Brick-And-Mortar Retailers?
- TN GIM 2019: State Aims To Launch Electronics Manufacturing Policy In Feb
Perspective
Dealers Speak
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Brands Retailed: Daikin, Hitachi, Mitsubishi Electric, LG, and Whirlpool Annual Turnover (2017–2018): Rs 9 crore Projected Growth (2018–2019): 15 percent The marketing scenario in offline retail is transforming. In the earlier...Read More -
Brands Retailed: LG, Intex, and Panasonic Annual Turnover (2017–2018): Rs 7 crore Projected Growth (2018–2019): 15 percent Air conditioners witnessed highest growth on our counter with 20 percent rise in sales....Read More -
Brands Retailed: LG and Videocon Annual Turnover (2017–2018): Rs 18 crore Projected Growth (2018–2019): 25 percent 2018 has been an all-time low for our business. Post GST the market witnessed a...Read More -
Brands retailed: LG, Samsung, Haier, Godrej, Whirlpool, and Panasonic Annual turnover (2017–2018): Rs 17 crore Projected growth (2018–2019): 20 percent H1 2018 was not profitable for us. Fluctuating prices led to...Read More -
Brands retailed: LG and Voltas Annual turnover (2017–2018): Rs 45 crore Projected growth (2018–2019): 25 percent Rise in household penetration of air conditioners has catapulted the sales from our counter. We...Read More -
Brands retailed: Videocon Group Brands Annual turnover (2017–2018): Rs 3.7 crore Projected growth (2018–2019): 15 percent We have experienced flat growth in 2018. E-commerce has emerged as the biggest challenge for...Read More -
Brands retailed: LG, Panasonic, and Intex Annual turnover (2017-18): Rs. 4 crore Projected growth (2018-19): 20 percent FY18 has been the most difficult year mostly for the dealer fraternity. After-effects of...Read More -
Brands retailed: LG, Samsung, and Sony Annual turnover (2017-18): Rs. 5.5 crore Projected turnover (2018-19): Rs. 6 crore The market has been on decline for the last 2-3 years for small- and...Read More -
With e-commerce players mushrooming in the market, we anticipate slow growth. Though they market outdated stock with heavy discounts but it does not bother price sensitive consumers. Today’s consumer looks for convenience in shopping, which is why we are planning to expand our store in the next financial year and market more brands with the idea of providing a one-stop solution in order to gain back heavy footfall.