Fred Towns, New Age Electronics: In terms of challenges, there is still a lack of education around the home automation category as a whole. We are helping retailers bring their customers true plug-and-play products that are easy to understand, install and use long-term, which makes the category more approachable. Retailers have to keep it simple and demonstrate how products can enhance their customers’ lifestyles to see long-term success in home automation.
In case you haven’t noticed, there’s a tech revolution taking place that will make the flat-panel TV and mobile phone seem quaint by comparison.
Within the next few years, hundreds of millions of devices will be communicating with one another — and their owners — and the groundwork is being laid today.
CHICAGO-Kalorik has selected New Age Electronics, a distributor of consumer electronics and gaming products and services, as the primary distributor of its products to U.S. retailers.
New Age Electronics, a consumer electronics and gaming products and services distributor, has expanded its relationship with ASUS to distribute the company’s ZenFone 2 smartphone and related accessories in the U.S. retail channel.
New Age Electronics rang in the new year at CES 2016 with a gala customer appreciation event, a series of new-vendor-partnership announcements, and a renewed commitment to filling its product pipeline with emerging technologies as well as with more traditional categories that are profit avenues for the retailers it serves.
At the event, New Age announced its selection of HSN as its 2015 Interactive Multichannel Retailer of the Year, for year-over-year revenue growth and for its innovative selling and product-presentation methods, and its choice of Kohl’s as Brick and Mortar Retailer of the Year. Read the full article on Dealerscope.com
TWICE: Dave, you predicted last year that 4K TV would be the “King of the Holiday Season.” Did it live up to expectations?
David Workman, ProSource: It did not, I think, in total.
There was technology available with OLED that, had there been better supply, it would have probably carried an increase. Then again, if they had enough to supply everybody, would the demand have been as high for those who had it?
It was very much a situation of have-and-have-not, where you had those who could concentrate on a larger panel and higher-end technology. The unit velocity wasn’t there, but if you had the ability to take a consumer up into a larger panel, you might have done OK. It was kind of hit or miss. Clearly the overall unit velocity was not there, or at least not as much as everybody would have liked to have seen.
Stephen Baker, The NPD Group: Not to disagree with Dave, but we saw it a little bit differently. We tracked 4K TVs at 1.3 million units in the five holiday weeks. That was about 15 percent of all TVs. But if you looked at only 50-inch and above, 40 percent of the units and 60 percent of the dollars were in 4K. Read the full article on TWICE.com
The highlight of TWICE’s annual trip to Las Vegas for CES often comes in the first hour of the show. Because just as day 1 is kicking off, in a small boardroom in the depths of the Westgate Hotel an ever-changing lineup of top retailers, distributors and buying group execs gather for our annual TWICE Retail Roundtable… Read the full article on TWICE.com