10 Issues Electronics Retailers Will not Say

HUB Electronics (incorporating Protech Element Consultants) are worldwide distributors and in depth stockists of electro-mechanical products supporting an enormous range of market functions. A closer look at the numbers, nonetheless, exhibits that despite Amazon’s rocket-ship growth in client electronics, Greatest Buy’s little single-digit achieve truly represents a swing from at least four prior years’ price of negative yr-over-12 months gross sales declines.

Furthermore, the corporate continues to put money into its advertising actions and new product developments, which also additional consolidated its place inside electronics and appliance specialist retailers in direction of the top of the evaluation period.

After 9 years of running a blog on this platform, I’ve decided to maneuver to a brand new web site at This coincides with the impending launch of my e book, The Hungry Brain , on February 7, 2017, as well as my general desire to have a more professional-wanting public interface.

Even when a retailer is in solid form, executives ought to always be seeking to manage and capitalize on change, studies the Boston Consulting Group In a report revealed late final yr, they offer steerage on how retailers can stay ahead of the game, together with inspecting the whole lot from retailer dimension and format to the products offered – before they are dealing with excessive big problems.

Using crowdsourcing—as a substitute of conventional focus teams—to advance product development could enable customers to cocreate merchandise with retailers, offering one other level of differentiation and fostering deep loyalty and word-of-mouth advantages.