The Hi Fi has been going for years but it’s still a popular product that deserves a place on your shelf.
Electrical retailers all pver the country have been selling Hi Fi equipment for years. A variety of brands adorn retailers’ shelves including Panasonic, Sony, Samsung, Hitachi and Technics. The varying price tag of these products mean that they are popular with a variety of consumers.
Lower-end clearance items can be sold off for cheap yet there is still a demand for high-end, branded products. With the development of home cinema systems, more and more consumers are looking for high-tech Hi Fi systems to accompany their equipment.
The AV market in the UK (including Hi Fi, MP3 and home cinema) is worth over £6bn a year. Over £15m is spent on Hi Fi systems that cost between £500-£1000. With this product failing to decline in popularity it seems an obvious choice for your inventory if you are looking to start reselling electrical products.
Many electrical retailers see less customers as many consumers choose to shop online. This was the case for high street brand Comet who went into administration last year.
So for a boost in sales, using online sites like Amazon or Ebay cold capture you some new customers. The Wholesale Scout team have searched for some of the best Hi Fi wholesalers and have found a number of them offering competitive prices. Some of these wholesalers stock both brand new and clearance items.
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