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04-16-2017 05:25 PM
I read somewhere that tjmax and stores like it have increased their sales .They think it is due to the quick shelf turnovers.People get excited for new products and keep shopping regularly.
04-16-2017 05:38 PM
@millieshops Unless you count buying Walmart in the 1960s, retail has never been a place to make a killing in the stock market. You should have readjusted your portfolio long before now. Many great opportunities in other industries have arrived and already sailed.
04-16-2017 06:04 PM
I agree. I also think the shopping channel that rhymes with Divine may be inching in on their territory in the kitchen area with their Cooks Companion brand of cookware. They offer a lot of cast aluminum and ceramic interiors that are PTFE and PFOA free.
They seem to have some innovative items that QVC doesn't have.
I also think Jewelry Television has hurt their jewelry sales. They don't offer Diamonique nearly as much as they used to and JTV's prices are much better on all their items. They also have well known guests who design beautiful jewelry and do not have "Judith Ripka's" high prices. I think they need to listen to their viewers a little more. I think they need to pay more attention to what the viewers are requesting and offer better prices on some items. Just my opinion as a long time QVC shopper when the "Q" in their name really meant something.
04-16-2017 06:22 PM
@Kachina624It's been years since I owned retail in my own portfoloio although I did belong to an investment club for a while and we did well with Tiffany and also Bed, bath, and Beyond. That was long ago and far away though.
BTW - no idea what age you are, but I have a far different portfolio than I did when I was younger - age has all kinds of effects on us!
04-16-2017 06:23 PM
@skuggles wrote:This article seems almost like paid advertisement. Just an attempt to generate buzz where there really is none at the prsent time.
That's my take as well and there have been several such articles recently... Sort of smacks of spin doctoring...
04-16-2017 06:28 PM
@dex wrote:I read somewhere that tjmax and stores like it have increased their sales .They think it is due to the quick shelf turnovers.People get excited for new products and keep shopping regularly.
Exactly... and when an entity keeps pushing the same brands and in some cases the exact same items hour after hour, day after day, for the better part of a decade, well, customers become saturated and products and brands grow stale...
04-16-2017 08:07 PM
@WORKING GAL I agree that Evine might be nipping at the Q's heels in some areas. Jewelry for sure and maybe cookware but in clothing they've got a long way to go until they're ready for prime time.
04-16-2017 08:53 PM
@silver fox wrote:If they asked me what the biggest problems are I'ed say, for me anyway, it's the sizing, it used to be they had their own sizing and when you figured out what it was you were golden. Now the clothing venders don't have to comply to their specifications so sizing is all over the place and three quarters of the time when you follow the size charts, that they give you, there wrong. It's a royal pain and also SO exspensive. After a while you just say forget it, I just can't take the chance. They need to go back and follow what was done when they first started, with the clothing line anyway. It needs to be more consistent ! As far as the host go stop with all the foolish fooling around and the "I'm your girl friend routines", they arent and it's not cute - it's just plain silly.
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And a such a huge turn off!! With the ridiculous host behaviors during presentations; sizing issues; expensive return price; repetitive products...is there any question as to why their sales are off this year??
04-16-2017 11:50 PM
Interesting indeed. It all fits in with my reality, I rarely watch Qvc Tv anymore but I shop with Qvc several times a week and I check out merchandise and my favorite vendors several times a day....online. I'm like the idea that perhaps someday, we'll be able to digitally try clothes. How cool would that be! As it is now 90% of everything I buy for my body and my home comes from Qvc and Amazon. I'm a little addicted to Amazon's Prime Now which delivers in 2hrs or less. The article touched on how huge Qvc is. I think some people on this board don't really understand that everything that is said and done on Qvc is part of a plan, nothing just happens and they don't take many risks.
04-17-2017 07:20 AM
I thought it was an interesting article. I'm sure they know how much value they get for every minute they air every product and nothing happens without a reason for it. I would like them to use their TV time more for innovative new products just hitting the market to get customers on board. There's some really neat newer tech products out there that seem to take forever to reach QVC, if they ever do.
For their Christmas in July, I'd love to see them feature the new Nintendo Switch video game console. They'd sell that by the ton if they had them available and demonstrated them on live TV. Add in an easy pay and they'd likely move a hundred thousand consoles over that CIJ event and probably double or triple that in game cartridges. It's someting that's nearly ideally suited to demonstrate on a home shopping type channel. The way it transitions from a console to a portable is unique in the industry but easily demonstrated on TV.
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