Skip to main content

Season for Consumer Electronics Promos

Insight Media reports on the holiday selling season -- Electronics retailers ran scared this year, and - as it often does - running scared paid off. The result was a decent season that ended strong thanks to last-minute shoppers, a late Chanukah, and buoyant Internet sales.

Electronics retailers were justifiably worried about high gas prices, high consumer indebtedness, and aggressive selling and early promotions from Wal-Mart. They responded with earlier advertising, extended selling hours, and larger discounts -- and they promoted gift cards with a vengeance.

The consumer electronics industry helped with some genuinely hot products: flat-screen TVs, iPods and other MP3 players, and satellite radios. The result was pretty good sales volume, but all those promotions were costly. Margins were low; still, it was widely agreed that low prices were the key to decent sales. "A lot of the hot items are lower margin," said Scott Tilghman, an analyst at Soleil Securities. "It was an OK year, not a boom, not a bust," said Michael Niemira, chief economist at the International Council of Shopping Centers.

Popular posts from this blog

The Quantum Computing Hybrid Reality

The rise of quantum computing has been heralded as a game-changing technological leap, promising to solve complex problems far beyond the reach of traditional powerful computers. However, it's becoming clear that the future of high-performance computing lies not in quantum alone, but in a hybrid approach that combines the strengths of quantum and classic systems. According to the latest market study by Juniper Research , there are challenges facing pure quantum computing and solutions developed to bridge the gap between its potential and realistic applications. Quantum Computing Market Development Juniper Research forecasts that quantum technology commercial revenue will grow from $2.7 billion in 2024 to $9.4 billion by 2030. This growth trajectory underscores the interest and investment in quantum technologies across various industries. The path to widespread adoption is not without obstacles. One of the most significant challenges is quantum decoherence, where systems lose their