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Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Curry's Leads High Street and Online with Early Sales Big LED 4K TV's Discounts

ConsumerWatch / Shopping Dec 26, 2017 - 04:20 PM GMT

By: N_Walayat

ConsumerWatch

Sales for most of Britain's big retailers started Christmas Eve, however the giant household electrical's retailer Curry's / PC World got off to an early start to the holiday sales season by promoting deep discounts across its range of its household electrical goods such as Big Screen 4k LED TV's. Though many if not most had been cut in price earlier in the year for instance for Black Friday 26th November, following which prices reverted higher to once more be cut on the 23rd of December.


Also shoppers eager to capitalise on their online browsing intent on viewing and buying the goods in store need to ensure that they check that their local store actually stocks the products and preferably reserve before visiting so as to avoid disappointment.

For instance none of the products on my list of wants was stocked at my local store such as an LG 75 Inch LED TV that had been cut in price from £2,218 to £1,699, a £519 discount, though it had been on sale for £1999 earlier in the year before reverting to a higher price.

In fact, at the local store it was not even possible to compare the size of a 75 inch against other TV's because the maximum size of any brand in the store was just 65 inch, so a wasted trip, as was the case for any of the other products also not being in stock.

So do double check store stock levels before venturing out.

Whilst this years sales big driver to upgrade your big tv's has been driven by OLED and QLED displays, QLED being the cheaper option OLED though still adding a chunky £1k+ to a for instance 65 inch screen's price tag over an LED 4k Screen TV

In terms of the difference observed between the newer and older technologies then it comes down to contrast levels, the QLED and OLED visibly show better contrast than the LED TV's.

In terms of level of customer interest then given the lack of shoppers observed across many stores on Boxing day then the sales of 2017 looks likely to be significantly worse than those of last year both as a consequence of the rising significance of Black Friday and as the internet continues to erode market share of bricks and mortar retailers many of whom have been in severe distress all year, literally being driven to the brink of collapse as was the case with Toys R Us which only a week ago was teetering on the edge, only to be given a last minute reprieve as it continues to struggle with its huge debt mountain as covered in my following video -

SALES Tips

  • Compare prices on your internet smartphone before buying.
  • The biggest reductions come towards the end of the sales season, i.e. Christmas stock can go from 33% off to 50% off to 70% off to 80% off over the week after Christmas.
  • Use a cash back credit cards such as AmEx to earn cash back.
  • Make a list of items that you really need to prevent buying of junk.
  • Look for discount vouchers in newspapers.
  • Look for discounts vouchers online for which there are many sites and app's.
  • Set yourself a budget and don't go over it.
  • Don't get into debt, there is no point saving 25% in the sales then paying 25% and beyond interest on purchases during 2018!
  • And the best discounts can be found on Ebay during January as people offload unwanted gifts and purchases to pay down Christmas debt.

A Merry Christmas and Happy New Year to All!

Magical Christmas Lights Helium Balloons

Ensure you are subscribed to my always free newsletter for my in-depth analysis and concluding detailed trend forecasts for 2018.

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2017 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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