Thursday, March 17, 2011

For Immediate Release: Independent Appliance Dealers Have Surpassed Big Box Retailers in Market Share

Ventura TV Video Appliance Center
3619 E. Ventura Ave. | Fresno, CA 93702
(559) 265-4326 | (800) 286-5318

Media contact: Ara Catchatoorian, E-Commerce Manager, ara@venturatv.com

For Immediate Release
Independent Appliance Dealers Have Surpassed Big Box Retailers in Market Share
 
Fresno, CA (March 17, 2011) - Ventura TV Video Appliance Center celebrated its 60th Anniversary by heading to Las Vegas, NV to make some of their best purchases ever and attend the record-breaking, February 2011 PrimeTime! Buying Show presented by industry leading, Nationwide Marketing Group.
"My father started this company 60 years ago with one goal in mind – provide customers with America's favorite brands in home appliances and electronics at deeply discounted prices. Today, his vision still lives true. In celebration of our company's 60th Anniversary and thanks to our recent buying trip, we are running more sales and offering our deepest discounts on brand new appliances and electronics." stated Mark Shirin, President/CEO of Ventura TV.

Ventura TV Video Appliance Center is an iconic Central Valley retailer of home appliances and electronics that has been operating at their current location on Ventura Ave between First and Cedar Ave since 1951. Representing 30+ brand names in appliances and electronics, Ventura TV has served the needs of thousands of Central Valley customers for nearly three generations offering expert advice, excellent customer service, and extremely deep discounts every day.

The show, which took place at the Sands Convention Center at the Venetian/Palazzo Resorts, offered attendees an impressive 200,000 sq. ft. product-packed showroom floor and attracted nearly 4,000 attendees, including over 200 appliance, electronics, and furniture manufacturers.

Nationwide Marketing Group currently represents 3000+ Independent Appliance, Electronics, and Furniture Dealers with 10,000+ store fronts. Ventura TV, a 15+ year member of the group, and other attendees were given the opportunity to take advantage of record-breaking discounts on products from leading manufacturers including, Whirlpool, Maytag, GE, Jenn-Air, Amana, Bosch, Frigidaire, KitchenAid, Samsung, LG, Sony, Toshiba, Mitsubishi and more.

"With over $12 Billion buying power, Nationwide offers independent dealers, like us, the opportunity to compete effectively in what was a market dominated by big box stores. I say 'was' because according to recent figures, independent appliance dealers have now surpassed big box retailers in terms of market share. " stated Shirin as he recalled a recent study by Traqline, an independent survey for the retail industry. According to the reports, Independent dealers are now in first position with 29.9% market share vs. Sears (29.4%), Lowes (19.8%), Home Depot (14.1%) and Best Buy (6.8%).

"The timing of this show couldn't be better, as we were able to make all of our great buys, prior to the major manufacturers' price increases." continued Shirin as he reflected upon recent industry reports stating that all major appliance manufacturers will raise wholesale prices to retailers as much as 10% effective April 1, 2011.

In addition to spectacular savings, the three day event, lasting from February 20-23, 2011, offered dealers a variety of educational courses and seminars presented by the country's leading presenters on topics ranging from in-store operations to online marketing and sales. "I was very impressed with the show's focus on the Internet and e-commerce for the retail industry." stated Ara Catchatoorian, Ventura TV's recently hired E-Commerce Manager. "With recent studies showing that as much as 80% of all consumers go online before going shopping, there's no doubt that this is the future of retail. It is truly wonderful to see a group, such as NMG, so committed to their member's success, both on-line and in-store." Catchatoorian continued.

Nationwide Marketing Group, the nation's largest marketing and buying group for independent dealers in United States, has a long tradition of setting themselves apart. For the past 40 years, they have built lasting relationships with independent dealers, vendors and service providers.  According to Robert Weisner, CEO of Nationwide Marketing Group, "despite the state of the economy, Nationwide has continued to grow with the addition of several hundred new stores, new dealers and new vendor partners over the past year alone."

To learn more about Nationwide Marketing Group, visit them online at http://www.nationwidemarketinggoup.org/.

To learn more about Ventura TV Video Appliance Center or find out about current and ongoing sales and promotions, please visit them online at http://www.venturatv.com/ or stop by their original and only location at 3619 E. Ventura Ave., Fresno, CA 93702 between First and Cedar Ave. Monday through Saturday from 9am-6pm.
 
###

Nearly 4000 attendees eagerly listen to keynote speaker, Ken Schmidt, former Harley Davidson Exec, is the keynote at the PrimeTime! Kickoff in Las Vegas.

Independent dealers learn about the latest energy saving appliances from industry leaders including Whirlpool, Frigidaire, and more.

0 comments:

Post a Comment