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More - Sean Wargo Quotes

Both the wholesale and retail environment for consumer electronics is very tough, ... This is a brutal, competitive, low-margin business. Industry sales are struggling to grow because it's a saturated market with too many products. - Sean Wargo Quotes

Both the wholesale and retail environment for consumer electronics is very tough, ... This is a brutal, competitive, low-margin business. Industry sales are struggling to grow because it's a saturated market with too many products.

Getting a foothold on the DVD market really gives you leverage in the TV market, - Sean Wargo Quotes

Getting a foothold on the DVD market really gives you leverage in the TV market,

With the overall CE industry expanding 11 percent on a revenue basis in 2005, it is understandable that the household penetration of a handful of categories responsible for driving this double-digit revenue growth have gained momentum over the past year. - Sean Wargo Quotes

With the overall CE industry expanding 11 percent on a revenue basis in 2005, it is understandable that the household penetration of a handful of categories responsible for driving this double-digit revenue growth have gained momentum over the past year.

Even with digital cameras now in 49 percent of U.S. homes, consumers are purchasing higher mega-pixel digital cameras as upgrades to their original digital cameras, ... We're seeing a similar upgrade mentality with wireless communications handsets. Many consumers are opting for digital camera phones and smart phone devices as opposed to direct model replacement purchases. This demonstrates how established these products are in the lives of consumers. - Sean Wargo Quotes

Even with digital cameras now in 49 percent of U.S. homes, consumers are purchasing higher mega-pixel digital cameras as upgrades to their original digital cameras, ... We're seeing a similar upgrade mentality with wireless communications handsets. Many consumers are opting for digital camera phones and smart phone devices as opposed to direct model replacement purchases. This demonstrates how established these products are in the lives of consumers.

If they get a DVD player and like it, they'll say, 'Why don't I look at the TV as well?' And when little else is different, they'll go for price. The risk is justified in the savings. - Sean Wargo Quotes

If they get a DVD player and like it, they'll say, 'Why don't I look at the TV as well?' And when little else is different, they'll go for price. The risk is justified in the savings.

Risk

It was pretty much a hit right out of the box, ... The price fell rapidly, and it was a product that was compellingly different from VHS. The sound quality was better and the picture quality was better. - Sean Wargo Quotes

It was pretty much a hit right out of the box, ... The price fell rapidly, and it was a product that was compellingly different from VHS. The sound quality was better and the picture quality was better.

We are projecting an increase in sales of MP3 players to $4.5 billion in 2006, with 30 percent of all MP3 players sold having video playback capability. - Sean Wargo Quotes

We are projecting an increase in sales of MP3 players to $4.5 billion in 2006, with 30 percent of all MP3 players sold having video playback capability.

We have witnessed this year a phenomenal growth in MP3. - Sean Wargo Quotes

We have witnessed this year a phenomenal growth in MP3.

While price remains a purchase driver, the results of this study show that the audio buyer still places sound quality at the top of their list. The good news for retailers is that many consumers are leaving the door of opportunity cracked open through their willingness to interact with a sales person and to receive a demonstration of better audio equipment. - Sean Wargo Quotes

While price remains a purchase driver, the results of this study show that the audio buyer still places sound quality at the top of their list. The good news for retailers is that many consumers are leaving the door of opportunity cracked open through their willingness to interact with a sales person and to receive a demonstration of better audio equipment.

This represents a tremendous opportunity for retailers, who can cut through this lack of understanding by educating their sales staff and training them on how to conduct effective audio demonstrations. - Sean Wargo Quotes

This represents a tremendous opportunity for retailers, who can cut through this lack of understanding by educating their sales staff and training them on how to conduct effective audio demonstrations.

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