Keeping Retailers on Board

Published: 17 October 1999 y., Sunday
In an effort to "capitalize on the emerging Internet economy and electronic commerce," Thomson Consumer Electronics, Inc. announced that it is putting its RCA brand consumer electronics products on sale on the Internet and will ship orders directly from its warehouses to consumers. RCA, one of the top U.S. consumer electronics companies, paved the way for its full-scale online store by introducing its LYRA personal audio player last week. The new device, used to play digital audio tracks downloaded from the Internet, is for sale on the RCA-operated LyraZone.com Web site. Although LyraZone.com has its own site with product information and links to digital download sites, the "buy" button on the site links to RCA.com, where Lyra is now one of more than 100 RCA products that can be purchased directly from the manufacturer. Since consumer electronics products are already among the most popular online purchase items, Thomson Senior Vice President Mike O_Hara said, it makes sense for RCA to add direct sales to its current-tiered approach. In an effort to avoid undercutting its dealer network completely, RCA has reserved its digital satellite systems for sale only through authorized retailers. In addition, each online listing of other consumer electronics products includes both an "order" button for online purchasing and a link to a list of authorized dealers that also sell the product. Thomson also operates the Thomson Dealer Network, a business-to-business commerce site with full-time availability of product information, ordering and invoice status, claims filing and marketing promotions. More than 1,300 Thomson dealers in the United States use the Thomson Dealer Network, which will be expanded to Canada and Europe next year. To operate its new online sales business, Thomson formed a new subsidiary, Thomson Direct, Inc. Products available online include television sets, DVD players, VCRs, camcorders, audio/video accessories, digital cable modems and audio products, and the company plans to expand its current online offerings over time.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD funds strategic motorway in Serbia

The EBRD is supporting the modernisation of transport infrastructure in Serbia with a €150 million sovereign loan to finalise the construction of a new motorway section along the strategic Corridor X. more »

IMF Completes First Review Under Stand-By Arrangement with Romania

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Romania’s economic performance under a program supported by a 24-month Stand-By Arrangement (SBA). more »

IMF Executive Board Approves US$21.5 Million PRGF Arrangement for the Union of the Comoros

The Executive Board of the International Monetary Fund (IMF) today approved a three-year, SDR 13.57 million (about US$21.5 million) arrangement under the Poverty Reduction and Growth Facility (PRGF) for the Union of the Comoros. more »

IMF Executive Board Completes Second Review Under Stand-By Arrangement with Mongolia

The Executive Board of the International Monetary Fund (IMF) today completed the second review of Mongolia's economic performance under a program supported by an 18-month Stand-By Arrangement (SBA). more »

Parex banka establishes subsidiary for real estate management

Parex banka has established a subsidiary, SIA NIF (“Nekustamo īpašumu fonds”, or “Real Estate Fund”), which will professionally manage assets that are not related to the Bank’s core business. more »

Prime Minister Andrius Kubilius: a more intensive dialogue between the EU and Belarus is a chance for all of us

In his address at the Lithuanian-Belarusian Business Forum “Belarus and Baltic States: new prospects for cooperation”, Prime Minister Andrius Kubilius has pointed out that Lithuania sees Belarus as creating its future in Europe... more »

Verizon Business SMB Solutions Team Advances Collaboration Capabilities for Juvenile Diabetes Research Foundation

JDRF Employs VoIP and Web-Based Video Collaboration Enabled by Cisco for More Effective Teamwork Among Employees and Constituents. more »

AB Bank SNORAS group acquired “Finasta” group

On 16 September 2009, AB Bank SNORAS group finished the transaction during which it purchased from AB “Invalda” with its own funds 100 per cent of the shares of AB “Finasta įmonių finansai”, managing AB Bank “Finasta”. more »

Bernanke: recession likely over

Federal Reserve Chairman Ben Bernanke that the worst U.S. recession since the Great Depression was probably over, but the recovery will take time. more »

European economy recovering sooner than expected

Growth expected to return in the second half of 2009. Forecasts are still uncertain but fears of a severe, prolonged recession are fading. more »