The market for televisions is made up of very competitive players, which have driven innovation. However, the recession has meant that those willing to pay a premium for the latest technology are harder to come by – replaced by shoppers who are increasingly fixated on price.
This has provided an opportunity for supermarkets to make inroads into the market with their low-cost own-label products. It’s therefore more important than ever for premium brands in the market to communicate and therefore attach greater value to their products.
The market for televisions is made up of very competitive players, which have driven innovation. However, the recession has meant that those willing to pay a premium for the latest technology are harder to come by – replaced by shoppers who are increasingly fixated on price.
This has provided an opportunity for supermarkets to make inroads into the market with their low-cost own-label products. It’s therefore more important than ever for premium brands in the market to communicate and therefore attach greater value to their products.
Main issues
How has the recession impacted on sales and market values?
What are the underlying trends in the market that could help TV sales?
How are big screen televisions faring against sales of smaller screens?
Where do consumers buy new TVs? Is the high street really losing out to online?
Who is still prepared to buy the latest TV equipment, regardless of the cost?
Who makes the TV buying decisions in the household?
What functionality do buyers look for in a new set? What motivates buyers?
Why is LCD technology doing so much better against Plasma?
What will be the impact of OLED technology? When will it go mass market?
“Personal data is the new currency, and retailers need to consider investing in free wi-fi connections for shoppers in exchange for permission to better understand their customers’ shopping habits and behaviour.”
– Cecilia Liao, Senior Technology Analyst
Some questions answered in this report include:
What can be done about the negative perception of salespeople selling technology products?
The news that Samsung is to launch a range of 3D TVs this week, which will be on sale in the UK by the end of this month, adds an interesting new dimension to the home entertainment market.
How the PC peripheral market is trying to add value in the downturn
How the PC peripheral market is trying to add value in the downturn
Monitors: Taking tips from the TV sector
Will 3D technology be the winning hand for Sky in the digital TV war?
Will 3D technology be the winning hand for Sky in the digital TV war?
UK consumers are now closer to receiving commercial 3D broadcasts than they think