Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Gitex Shopper 2014: Phones tablets to lead  Join our daily free Newsletter

MENAFN - Khaleej Times - 26/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Devices are ?future? of electronics; emax sees 25% sales jump

emax electronics expects a 25 per cent growth in sales at gitex shopper compared to the first spring edition last year and said smartphones along with tablets will drive sales as these are the future of electronics chief executive officer neelesh bhatnagar told khaleej times in an interview.

talking about expansion plans bhatnagar said at least six new stores will be opened this year in the uae in new and existing malls.

gitex shopper is continuing its legacy of attracting a large number of consumers finding the best deals. — kt photos by shihab

gitex shopper is not very different from others he said adding: “but i think the attraction of this gitex shopper from the previous one are newly-launched mobile phones.”

a lot of new mobile phone models were launched recently especially by sony samsung htc lenovo and nokia he said adding that all of new models are available with good offers at gitex. “it’s a very good show this time” he emphasised. “the samsung s5 htc m8 and lg g2 mini will play a crucial role in driving traffic to emax’s stand.”

he believes that the smartphone category will record a 50 per cent growth in sales over the last shopper. “that’s the one category which is doing extremely well.”

“we are expecting 20 to 25 per cent growth [in sales] compared to the previous one in april 2013. whereas i think smartphone alone will be on top in sales growth.” a majority of sales come from mid-range products anywhere from dh699 to dh1500 he added.

tablets are also doing extremely well like smartphones he said adding that there is no much difference between both. sizes of smartphones are increasing and tablets sizes are decreasing. so these products are doing very well as these are the future of electronics such as smartphones tablets and wearable devices he explained.

he said that there is no future of unbranded products in the markets and it’s better people should buy genuine and branded products with authorised retailers. he also advised gitex shopper visitors “don’t wait until the last day and come and do the shopping as soon as possible as there is no guarantee of stocks specially for latest products at the event.”

gitex shopper is all about offers bundles and free gifts on purchases. emax is offering plenty of offers and promotions on various categories of consumer electronics including some of their current best-sellers.

“we have dh10 million worth of giveaways this year” he said adding: “this edition of shopper will play a major role in exposing the latest products to our customers in the emirates not only dubai. customers to emax electronics’ stand have a variety of options in smartphones tablets laptops gaming tvs and cameras. we are dedicating a huge number of trained staff in addition to special experts from each brand. our staff is always there to help customers make the right choice and answer questions. we are offering huge discounts on select products with attractive bundles and freebies on almost all the products showcased during shopper.”

expansion plan

emax recently inaugurated its 55th store in the region and 21st in the uae. “we will have at least six new stores coming up this year. first one in dubai festival city then yas mall in abu dhabi towards the end of the year. another in ibn batuta mall and al wahda mall in abu dhabi again” he said.

“apart from the uae we also have big expansion plans for saudi arabia and qatar. qatar is a very big market and some new malls are coming up there” he said. outside the uae emax has 34 stores and the company will continue to expand in the region he explained.

— abdulbasit?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Nov 26 2014 - Emirates Airlines adds new flight to Maldives routeMENAFN
(MENAFN) Dubai's Emirates Airline announced it has added a third daily service to Mal", the capital of the Maldives, which will begin servicing passengers on December 1, Arabian Business reported.The ...

 Nov 26 2014 - Abu Dhabi Int'l passenger traffic up 17 percent in OctoberMENAFN
(MENAFN) Abu Dhabi International Airport announced that it registered an increase by 17 percent in its passenger in October, Arabian Business reported.The airport said that it has registered a total ...

 Nov 26 2014 - Oman's Rolls-Royce sales grow 46 percent in Jan.-Oct.MENAFN
(MENAFN) Rolls-Royce Motors announced it has registered an increase in its sales in Oman by 46 percent during the January-October period, compared to the same period last year, Times of Oman ...

 Nov 26 2014 - GCC petrochemical industry to decline on falling oil pricesMENAFN
(MENAFN) Gulf countries' petrochemical industry is expected to begin facing challenges due to the falling of oil prices, US shale gas and China's polyethylene, Khaleej Times reported.These factors ...

 Nov 26 2014 - Syrian economy decline 40 percentMENAFN
(MENAFN) According to the Undersecretary General for Humanitarian Affairs and Emergency Relief Coordinator, Syria's economy has declined by almost 40 percent since 2011, due to the effects of the ...

 Nov 26 2014 - Qatar to invest USD43.62b on railways infrastructureMENAFN
Qatar's Ministry of Transportation announced it is currently working on the development of advanced transport infrastructure in the country, with several projects currently in the planning stages or ...

 Nov 26 2014 - Dubai's Kcal to expand to EgyptMENAFN
(MENAFN) Kcal, the Dubai-based restaurant chain announced it is planning to expand its business in the MENA region with its first store slated to open in Egypt by December this year, followed by 14 ...

 Nov 26 2014 - MENA's value of M&A deals hit USD9.3b in Q3MENAFN
(MENAFN) The Middle East and North Africa's (MENA) merger and acquisition activity increased by 17 percent during the July-September period of this year, with 109 deals announced compared with 93 ...

 Nov 26 2014 - UAE's Al Futtaim to invest USD700m in EgyptMENAFN
(MENAFN) Al Futtaim Group, the Dubai-based Corporation, announced it is planning to invest USD700 million in Egypt in a three-year period as well as pay the government USD30.5 million as part of a ...

 Nov 26 2014 - Banta, Pangatungan Defeat Kuwait SteelArab Times
(MENAFN - Arab Times) Banta Furniture survived Kuwait Steel's last ditch rally to finish with a pulsating 69- 66 victory in game five on Friday at the PBLK intercompany and 5'8" basketball ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help