Buying Group Roundtable: The Impact of UHD 4K TV
The buying group executives we interviewed for this year’s annual roundtable don’t all agree on surefire strategies their dealer members can use to increase profitability. But they do agree the industry has turned a corner, and that better times are ahead.
Indicators of a recovery include stronger housing and remodeling markets; pricing stability and a slight increase of TV margin thanks to UPP; a resurgence in higher quality audio; decent appliance sales; and a rebounding luxury market.
Of course, all of that can’t offset the lingering maladies of the recession, including a sluggish economy, high unemployment, razor-thin TV margins, and low consumer confidence. But buying group directors aren’t sitting on the sidelines waiting for a miracle.