Major electronic dealers have reported a rise in demand for household products with the onset of the wedding season. Traders said that sales have gone up by 35 to 40 percent compared to normal days. Demand for items like LCD and LED televisions, refrigerators, air conditioners and digital cameras has surged in recent days, they said.
The period from mid-April to mid-July is the peak season for electronic items, traders said. Besides purchasing these items for their own use, people buy them to give as gifts.
Him Electronics, the sole authorised distributor of Samsung in Nepal, said that the market which was going through a continuous slump has revived with sales getting better by the day. “As this is the peak season, sales of electronic items move up. We expect this growth to last for at least two months,” said Binay Tripathi, deputy general manager of Him Electronics.
Apart from the wedding season, the recent hot spell, New Year schemes and a cut in load-shedding hours have led to a significant rise in demand for consumer electronics, Tripathi said. “There has been a massive growth in refrigerator sales. Be it Kathmandu or the Tarai, the craze for cooling devices is the same all over the country,” he said. Tripathi added that demand for LCD and LED televisions was high in urban and semi-urban markets where people were keen to replace their CRT televisions with new models.
“Sales of electronic items have improved compared to the past few months,” said Purshotam Bhandari, sales manager, LG division at CG Electronics, the authorised importer of LG consumer electronics in Nepal. According him, more than 60 percent of the people visiting their showrooms are making purchases. “Footfall too has gone up. People are inquiring about products even though they plan to buy them after a couple of months,” Bhandari said.
Tripathi of Him Electronics too said that most of the footfall at their store was being converted into sales. A rise in awareness among consumers about brands and the products they want has helped sales to rise, he said. “The only thing customers need now is a reason to get something new. They are sure about what they want, and this has helped to convert footfall into sales,” Tripathi said.
Another major reason behind the rise in sales, according to Bhandari, is introduction of New Year schemes. People who have been saving and planning to buy something new are thronging the market attracted by holiday offers,” he said. CG Electronic has launched a scheme entitled “LG Hataima Sureprize, Prize Ma Surprise” for LG products while Him Electronics has unveiled its “Mad about each other” offer.(Source:ekantipur)
Sales of consumer electronics, which had remained on the slower side since the end of the Dashain and Tihar festivals, have started regaining momentum. Major electronics dealers have reported that sales have started improving with the onset o ...
With less than 10 days remaining for the opening of Euro Cup 2012, demand for LCD and LED television sets in the domestic market has gone up significantly. Major electronic dealers across the country have reported a 25 percent jump in demand ...
Demand for electronics items such as televisions, air conditioners and refrigerators has risen notably in the domestic market, largely due to rising mercury and the ongoing Euro Cup 2012. Major electronics dealers such as LG, Samsung, Tosh ...
Sales of high-end television sets, especially smart TVs and 3D TVs, have been soaring in the domestic market. Dealers of prominent electronics brands like LG, Sony, Samsung, Toshiba and Sharp, among others, said that sales were growing 20-25 ...
Sales of budget automobiles like cars, jeeps and vans have increased of late with dealers attributing the rise to the festive seson and taxes remaining unchanged in the absence of a full-fledged budget. Brands such as Maruti Suzuki, Hyunda ...
Scooters are emerging as a major component of Nepal’s two-wheeler market and they account for a significant share of annual sales. Enthused by the market response, distributors of various motorcycle brands have rolled out a number of scooters ...
The third day of the ICT electronics branding expo, ICT Info-Trade Fair 2013, continued to see good footfall. Visitors were found queuing up in front of stalls featuring cell phones to have a look at handsets of the latest technologies and se ...
Him Electronics has brought Himstar CFL bulbs that consume less electricity and it is environment-friendly also. With the use of Himstar CFL, a remarkable step can be taken to save earth from global warming, claimed the company. “That i ...
The import of mobile handsets has witnessed a steady growth over the last three years with the rise in the number of mobile users in the country. Imports of mobile sets during the first 10 months of this fiscal year have surpassed imports ...
LG Electronics (LG), the market leader in consumer electronics (CE), home appliances (HA), information technology (IT) and GSM products, is celebrating 23 years of partner excellence in Nepal. LG launched a range of premium products includ ...
CG Electronics, a part of the Chaudhary Group, has introduced a new range products including CG LCD TV in the market. Issuing a press release, the company said the products have been launched as demand for electronics products is significa ...
Most of the five-star hotels in Kathmandu have been planning to hike their tariffs by up to 20 percent with the peak tourist season starting from September. Some of them have already upped the rates encouraged by increased bookings. Hoteli ...
To address the growing demand for 3D technology, Him Electronics Pvt Ltd, the authorized distributor of Samsung Consumer Electronics has unveiled 3D, LED 7000 televisions in the market. The Samsung 3D LED televisions are available in the scre ...
Sales of motor vehicles, especially two-wheelers, have been growing faster in rural areas than in the towns, said traders and government officials. According to the Department of Transport Management, 170,034 vehicles including 145,135 motorc ...
SEOUL, South Korea – Samsung Electronics Co. said Monday that global sales of its Galaxy S smartphones surpassed 100 million units since the first model in the series was released less than three years ago. Samsung said it has sold more t ...
Tablet PC Prices in Nepal
Mobile Phone Prices in Nepal
LCD LED TV Prices in Nepal
Laptops Prices in Nepal
Bikes Prices in Nepal
New Loadshedding Timetable
List of Commercial Banks in Nepal