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VISHAL MEWANI
EMI purchases on cards go up with consumers buying even low priced items on financeTightening liquidity have made consumers avoid cash purchases due to stress in income across households.- India's largest brands plan to resume advertisingSome early shoots of revival are already visible, marketers said. For fast moving consumer goods companies, the spending will be on categor...
- Laptops in demand with WFH, online classesComputer manufacturers say since many shops in non-hotspot areas started functioning earlier this month, sales have surged compared with Ja...
- China-made phones off speed dial as supply chains disrupted amid coronavirus outbreakSupplies of the locally manufactured iPhone XR and 7 are not impacted, they said TCL and Xiaomi televisions too are in short supply and Xia...
- Consumer durables' sales grow 9-12% this festive seasonRetail chains and brands say consumer electronics' sales has grown by 9-12% this Diwali.
- This festive season, shopping offline to get as cheap as onlineBrands like OnePlus, Xiaomi and Kodak and apparel retailers plan offers to beat the slump.
- To avoid sinking amidst weak deamnd, TV prices take a diveTop brands cut prices by up to 30% this festive season amid rising competition and weak demand.
- Festive season: Consumer electronics, phone companies giving retailers record margins to boost salesBrands usually pass on 2-3 percentage points of extra margin in the period between Navratri and Diwali. This year it’s been raised to 4-6 p...
- The big picture: TVs watch from the stands as ACs post mammoth totalFor the first time, TV sales have not shown the usual spike during a World Cup, following the rise in spending on ACs.
- Delayed summer keeps appliance companies like LG, Samsung in coldGodrej Appliances business head Kamal Nandi said there is price aggression among brands because of depressed demand.
- Meet the new generation of retailers who are taking the battle to Amazon and Flipkart’s denThe ‘fab five’ of Indian electronics carved a niche for themselves, which their children are now trying to master.
- Idiot box becomes smart, corners over half of TV marketSmart TVs can connect directly to the Internet, run apps and support streaming or over-the-top (OTT) media services such as Netflix, Amazon...
- Custom duty hike on appliances to boost 'Make in India'The government has doubled custom duties on refrigerators, washing machines up to 10 kg capacity and air-conditioners to 20%.
- Samsung cuts prices of top-selling TVs by up to 15%The price reduction ranges from about 5% (Rs 1,000 to Rs 2,500) in the 32 to 43 inch screen size segment to 15% (Rs 45,000) for the 75-inch...
- Samsung slashes TV prices by up to 20% for keeping dragon at bayXiaomi, in particular, has redefined television pricing with its India launch in February, selling a 43-inch model at Rs 22,999 and 55-inch...
- Top TV makers closely tracking Xiaomi forayIn less than a month of its foray into televisions, Xiaomi has launched 32-inch, 43-inch and 55-inch models — sizes that together account f...
- Pre-GST offers ensure leading consumer electronic retail chains rake in the moolahReliance Digital, Vijay Sales and Viveks said their shelves are almost empty now with some of them boasting of sales more than doubling thi...
- GST brings Diwali early as retailers offer upto 40 per cent discountThe usual discount offered by the retailers is around 10-15 per cent on maximum retail price (MRP) and it will now significantly go up -abo...
- Ecommerce firms invite physical stores to sell big brands on their sitesEcommerce companies are in advanced discussions with Croma, Reliance Digital, PlanetM Retail, Vijay Sales and others.
- Next, Vijay Sales and other retailers go slow on Samsung after margin cutSamsung has initiated talks with several retail chains to resolve the issue, but says the development will not impact its sales.
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