Dentsu is taking data from Sharp appliances to harvest consumer insights and tailor digital advertising. Connected devices with sensors have the ability to report back on what they sense but don’t have full potential yet. This type of data is still in the very early stages for marketing. Do connected devices with sensors that report back on what they sense…
Home automation technology is expected to increase significantly this year and through the decade according to New York advisory firm ABI Research. Their new research projected smart appliance and consumer robotics sector will see an increase of 40% and generate $80 billion in revenue in 2021. Consumers increasingly investing in their homes the second half of last 2020 due to…
Demand combined with COVID-19-related supply issues, is causing significant shortages and price increases for products used in residential remodeling and construction. The rising cost of materials is tied to supply chain issues impacting the kitchen and bath market. Home builders are limiting new-home sales in an effort to manage supply, while some kitchen design firms are seeking alternative sources. That’s…
The Bay Area is experiencing an increase in demand to purchase new home appliances but they are experiencing major shortage in supply. It’s not just one issue causing the backlog of orders, but multiple problems. The turnaround time on a typical order Pre-COVID, was one to two weeks but now the wait is over six months. Most appliance stores in…
According to Whirlpool (WHR) which despite the inflationary profit headwind, the appliance maker reports to be significantly profitable and sees a long runway for further profit growth. Whirlpool is crediting it to continuing to fine tune their supply chain and also taking 5% to 12% price increases earlier this year. “We have raised prices across the globe and we feel…
