Just How Good Were Holiday Sales At Retail?

by

The latest installment of TWICE’s Executive Retail Roundtable, in which we gather some of the best and the brightest in tech retail to address the state of the industry, revealed an optimism about 2017 and the prospects for such categories as Ultra HD TV, connected home and virtual and augmented reality systems. Join our deep dive into the challenges facing the retail business today:

TWICE: Let’s start with the holidays, and you in particular Laura, because Amazon described it as the best holiday season in the company’s history. How much of that can you take credit for?
Laura Orvidas, CE VP, Amazon: All of it — my own holiday shopping contributed. [Laughter.]

We had a great holiday season. A lot of our success was buoyed by Echo and the other Amazon devices. We saw a lot of customers come and interact on a variety of our products.

TWICE: “Millions sold” was Amazon’s official statement, but do you have any hard numbers on the Alexa devices?
Orvidas: Nine times our previous holiday season.

Mobile shopping was also very hot. Over 72 percent of Amazon customers worldwide shopped using their mobile devices, and on Cyber Monday alone customers purchased 46 electronic items per second on a mobile device.

Read the full article on TWICE.com

How Alexa And Home Networking Are Stirring Up The Smart Home (And Other Holiday Insights From Top Retail Execs)

by

It’s kinda startling how much ground can be covered in less than 90 minutes when you lock eight leading industry merchants (and one renowned CE analyst) inside a room and discourage the use of mobile phones.

[Read more…]

Get in the Game: An eSports Primer for CE Retailers

by

By Rob Stott

Quick! What comes to mind when you hear the word eSports?

If you’re like most of the “outsiders,” you likely paint a picture of someone sitting in bed (or his parents’ basement) munching on a bag of Doritos with a funny looking headset on, lights off, sitting inches away from his computer monitor.

That image would not be entirely false, but it’s a gross underrepresentation of an industry that is booming, has broad appeal, and could come to define the future of consumer electronics retailing.

Let’s forget about the retail side of things for a second, though, and focus only on the market itself. Who (or what?) is an eSports athlete? How much money is floating around in sponsorship dollars, prize pools, and more? Is the eSports industry really big enough for you, the retailer, to care about?

A good place to start is getting a solid understanding around what eSports actually is.

“Esports (electronic sports) is professional computer gaming,” the World eSports Association (WESA) said in an interview with Dealerscope. “Athletes from around the world participate in online and offline tournaments against each other. The games are broadcast and streamed in numerous languages, allowing fans all over the globe to follow the action live on a regular basis.”

Click here to read the full article on dealerscope.com

New Age: ‘Show Me’ Millennials, Female Buyers Will Still Rule in 2017

by

By New Age Electronics President Fred Towns’ account, 2017, for the foreseeable future, is going to be about meeting growing “show me” expectations of both Millennials and female buyers – two demographics that are “more powerful than ever,” and that helped holiday sales to move forward and spike, after a slightly “slowed down” start fueled by concerns in the run-up to the 2016 election.

 

Read the full article on Dealerscope.com

New Age Electronics Names BJ’s, Purchasing Power Retailers Of The Year

by

New Age Electronics Names BJ’s, Purchasing Power Retailers Of The Year

National tech distributor New Age Electronics bestowed its annual Retailer of the Year award to BJ’s Wholesale Club in the brick-and-mortar category and Purchasing Power in the e-commerce channel.

Read the full article on TWICE.com

New Age Electronics Announces 2016 Retailers of the Year at the 2017 International Consumer Electronics Show

by

New Age Electronics Announces 2016 Retailers of the Year at the 2017 International Consumer Electronics Show (NYSE:SNX)

Distributor selects BJ’s Wholesale Club as Brick and Mortar Retailer of the Year and Purchasing Power as E-commerce Retailer of the Year

 

LAS VEGAS, Jan. 5, 2017 /PRNewswire/ — (from 2017 International Consumer Electronics Show) — New Age Electronics, a leading distributor of consumer electronics and gaming products and services and a division of SYNNEX Corporation (NYSE: SNX), announced that it has selected BJ’s Wholesale Club as Brick and Mortar Retailer of the Year and Purchasing Power as E-commerce Retailer of the Year at its customer appreciation event during the 2017 International Consumer Electronics Show (CES) in Las Vegas.

 

[Read more…]

Keeping Up with Emerging Technology and the Consumers Who Use It

by

The Consumer Electronics industry is seeing futuristic-type products that were mere concepts just a few years ago quickly permeating everyday life. And while traditional product categories are still driving much of CE, adding in the latest emerging technologies is what sets retailers apart in today’s marketplace. In addition to looking into the latest options in emerging tech, retailers should be examining the various groups of consumers who buy them. In a new video produced by New Age Electronics, they take a look at many of the hottest products helping various groups of consumers stay connected, while sharing some powerful stats on the state of the industry.

New Age Takes the Omni-Market Experience Up a Notch

by

The 2016 New Age Electronics Retail Dealer Summit kicked off July 20 at Hollywood, Calif.’s Loews Hollywood Hotel with promises from the distributor’s top New Age and SYNNEX executives that the roughly 100 retailers represented here would leave the meeting armed with the tools to enhance what Fred Towns, New Age Electronics’ president, termed as the “omni-market” experience, across the board, for several of their key customer demographics.

[Read more…]