Industry Analysis & Industry Trends
Since TVs are considered big-ticket discretionary purchases, demand for online TV sales is heavily dependent on per capita disposable income and other macroeconomic factors that drive consumer spending. Today, prominent online TV retailers include electronics specialists (Best Buy), manufacturers (SonyStyle) and mass merchandisers.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Television Sales industry is currently in the growth phase of its life cycle. Over the 10 years to 2017, industry value added, which measures the industry's contribution to the US economy, is expected to increase at an annualized rate of 8.2%, while US GDP is forecast to rise at an average annual rate of 1.9% during the same period. These disparate rates indicate that the industry is growing as a share of the US economy. A continued move by consumers toward online retail channels combined with rising industry participation, new products and increasing customer acceptance indicate a growing industry.
As revenue has continued to rise at a fast pace, many retailers have entered the market, indicative of a growing industry... purchase to read more