By Patrick Avenell
SYDNEY, NSW: Despite all the reports about price erosion and retail saturation, the TV/AV category is tipped to reap the most profits in 2011, according to the results of Current.com.au’s latest poll. Coming in a close second to the TV market was cooking appliances.
Also scoring well on this poll, which asked ‘What category is going to be the most profitable in 2011?’ was small appliances, proving that the staples of this industry – kettles and toasters – are still big money spinners. Whitegoods also performed well, coming in fourth, whilst seasonal and floorcare polled poorly compared to other options.
What category is going to be the most profitable in 2011?
25% – TV/AV
23% – Cooking appliances
21% – Small appliances
16% – Whitegoods
8% – Seasonal
7% – Floorcare
Current.com.au now has a new poll up and running, this time concerning the digital imaging category. Our question: what brand provides the best retail support in the camera category? Readers can vote now by selecting their choice on the left hand side of this website.