topic Re: Why All the Electronic Shows? in Community Chat

Why All the Electronic Shows?

terrier3 — Sat, 28 Nov 2015 14:41:57 GMT

All of the shopping channels are overloaded with electronic shows this weekend...yet prices are far better at B&M stores or even on-line.

I read that electronics and jewelry weren't doing well on shopping channels.

Maybe they need to stop trying to compete in markets where they aren't competitive.

Jusr my opinion!

Re: Why All the Electronic Shows?

millieshops — Sat, 28 Nov 2015 14:58:32 GMT

I just think this time of year is huge for electronics - and I know if I were buying, I'd more than likely buy online because I could get delivery to my front door. When there's no one to carry the heavy or awkward purchases, you learn pretty fast that online works well even if it costs more. Seldom costs any where close to what you'd end up paying a neighbor or friend to go shop with you or for you.

Jewelry? I'm thinking that's in trouble many places although I did listen to an interview with the CEO of Tiffany Wednesday in which he said their revenue in Japan is up 24% in 2015. It's that and other foreign sales holding that company together, not US sales right now.

Re: Why All the Electronic Shows?

brii — Sat, 28 Nov 2015 15:01:39 GMT

I'm surprised the OP doesn't realize that electronics are a big money maker. They have the highest mark ups.

Re: Why All the Electronic Shows?

Tinkrbl44 — Sat, 28 Nov 2015 15:23:33 GMT

Big ticket items are prominent everywhere this time of year.

Re: Why All the Electronic Shows?

terrier3 — Sat, 28 Nov 2015 15:26:58 GMT

@brii wrote:
I'm surprised the OP doesn't realize that electronics are a big money maker. They have the highest mark ups.

They are huge moneymakers...but other places have better sales and the newest gadgets.

QVC has stated in the past that electronics and jewelry aren't big moneymakers for them...and other shopping channels have said the same in their quarterly reports too.

Re: Why All the Electronic Shows?

kdgn — Sat, 28 Nov 2015 15:30:15 GMT

@terrier3 wrote:
All of the shopping channels are overloaded with electronic shows this weekend...yet prices are far better at B&M stores or even on-line.

I read that electronics and jewelry weren't doing well on shopping channels.

Maybe they need to stop trying to compete in markets where they aren't competitive.

Jusr my opinion!

Not everyone has easy access to B&M stores or wants the hassle of getting there early and fighting any crowds. There are also many who still will not use on-line shopping such as Amazon. They stick with what they know best-shopping channels. They know the ins and outs of home delivery, returns and possibly easy pay.

Re: Why All the Electronic Shows?

MarthaStewardess — Sat, 28 Nov 2015 16:12:08 GMT

Maybe they are what some people are looking for, but certainly not me. When I see the electronics on there, it makes me change the channel. I just wish they'd show more variety. I'd like to see some fine jewelry for a change. Yes, it's expensive, but so are electronics, but jewelry is a gift people will have for a lifetime. It doesn't have to be the super expensive once in a lifetime jewelry, maybe just some nice precious gemstone earrings set in gold, etc. There's too much cheap, costume looking jewelry, like the Honora colored pearls that look like a little girl's pop beads. Lol, at least there's no more drusy that they pushed and pushed two or three years back.

Re: Why All the Electronic Shows?

missy1 — Sat, 28 Nov 2015 16:15:57 GMT

People imo want electronics the most, for the holidays.

Easy pays.

The shopping channels make the most profit on electronics.

I am not sure if they are selling the most recent version of the item Cleaning out the old?

Some people can't get to stores, or have limited stores.

Re: Why All the Electronic Shows?

Lion — Sat, 28 Nov 2015 16:22:04 GMT

Maybe at this time of year with holiday shopping, Q has better luck with selling electronics.

I'm guessing most of their items sell better at this time of year.

Re: Why All the Electronic Shows?

nomless — Sat, 28 Nov 2015 16:27:18 GMT

High sales and good margin.

Re: Why All the Electronic Shows?

handygal2 — Sat, 28 Nov 2015 16:51:21 GMT

I would venture to guess that the electronics they're pushing the most are the oldest versions. Getting rid of these high-markup products, that have been taking up valuable space in the warehouses for the longest period of time, is a win-win for them.

Re: Why All the Electronic Shows?

DAD — Sat, 28 Nov 2015 18:27:06 GMT

I think 3 days of electronics is stupid. I wouldhave been buying gifts but will not watch until something else is on!

Re: Why All the Electronic Shows?

chickenbutt — Sat, 28 Nov 2015 18:38:17 GMT

I think they always do this, this time of year. As mentioned I'm sure it's a money-maker because they get nearly-obsolete computers for a small price and sell them for more than they're worth to people who don't realize you can get payments pretty much everywhere, including all the manufacturer websites, AND pay the same or less for much newer technology.

They convince people that it's the best and cheapest and I think that enough people just blindly believe them and jump in.

If that weren't enough, we'll start seeing all the complaints, in a couple of weeks, from people who were assured a certain delivery date and it's not even shipped yet, etc etc etc.

Re: Why All the Electronic Shows?

Silver Lining — Sat, 28 Nov 2015 19:50:06 GMT

@kdgn wrote:
@terrier3 wrote:
All of the shopping channels are overloaded with electronic shows this weekend...yet prices are far better at B&M stores or even on-line.

I read that electronics and jewelry weren't doing well on shopping channels.

Maybe they need to stop trying to compete in markets where they aren't competitive.

Jusr my opinion!

Not everyone has easy access to B&M stores or wants the hassle of getting there early and fighting any crowds. There are also many who still will not use on-line shopping such as Amazon. They stick with what they know best-shopping channels. They know the ins and outs of home delivery, returns and possibly easy pay.

EXACTLY! Why is it that some people can't grasp that concept?!

Re: Why All the Electronic Shows?

SaRina — Sat, 28 Nov 2015 21:58:22 GMT

I would sooner purchase electronics on-line from either Best Buy or Target. The pricing is better and I find that QVC puts in a lot of unneeded frills, jacking up the price, particularly with their computers.

Re: Why All the Electronic Shows?

Kachina624 — Sat, 28 Nov 2015 23:04:01 GMT

@brii wrote:
I'm surprised the OP doesn't realize that electronics are a big money maker. They have the highest mark ups.

As a previous post mentions, QVC did not do well with electronics and jewelry in their last quarter. No wonder as over-priced as most things are.

Re: Why All the Electronic Shows?

stevieb — Sun, 29 Nov 2015 01:07:55 GMT

Personally, I prefer selecting electronic and appliance items in person where I can 'test drive' the item and know exactly what I'm getting and what to expect. Sometimes, even doing things this way, the item has to ship, but sometimes I can carry it home with me or arrange local delivery...

More to the point, while many are assuming this tedium is programmed into oblivion because electronics are big sellers, there's a fair amount of data, some of it specific to QVC, to indicate electronics sales are rather flat... My guess is, as others have suggested, this is nothing more than an all-out effort to clear out the warehouses... Regardless, I'm not interested (just as I wasn't last year or the year before that and so on...), I find it boring, and there's no way I'm watching any of it. I'm not buying any of it either.

Re: Why All the Electronic Shows?

hckynutjohn — Sun, 29 Nov 2015 10:12:46 GMT

@terrier3 wrote:
All of the shopping channels are overloaded with electronic shows this weekend...yet prices are far better at B&M stores or even on-line.

I read that electronics and jewelry weren't doing well on shopping channels.

Maybe they need to stop trying to compete in markets where they aren't competitive.

Jusr my opinion!

terrier3,

1 thing I know for sure is that they are selling older models of many devices. I know the TV sets/some of their DVD players and some of their cell phones are not as up to date as those on the BIG online stores or some of the B and M stores.

When I buy electronics, most times I am willing to pay a little more for the newest models available, depending on what features or hardware has changed. Just my observance.

hckynut(john)