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"Many independent retailers are losing home
theater furniture business, simply because they have not
evolved their merchandising and marketing efforts to meet the
needs of today's consumer"
Mark Phanco, Vice President of Home
Furnishings for Eric Morgan
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Mason Hills Entertainment Center |
Two of the hottest
categories in consumer electronics are home theater and home
office. Two of the hottest categories in home furnishings are
home theater and home office, as well. Recent changes in
technology and configuration of televisions and computers have
created new opportunities for furniture retailers, as customers
seek to functionally house their new components while
beautifying their homes.
Bush
Furniture Industries and
Eric Morgan case goods are introducing one of
the largest collections of new furniture designs at this year's
electronics and furniture markets.
After studying the practices of conventional
furniture retailers, Bush Furniture Industries and Eric Morgan
case goods have discovered that most furniture retailers have
not updated their display and marketing of home theater and home
office furniture, which may limit their effectiveness with
consumers. For example, the typical armoire or double-pedestal
desk offering at most furniture retailers may not be the
state-of-the-art furniture answer to the state-of-the-art needs
of the consumer.
Bush and Eric Morgan have coordinated this
furniture with the most popular styles in their homes, like
mission oak, light wood contemporary, European modern, and new
metallic finishes that match their electronic components.
Said Jim Schmidt II, Vice President For
Marketing And Merchandising for Bush, "Although many consumers
have a vision of the slick, wire-free, component-free, flat
screen TV ads they've seen in upscale magazines, the truth is
that wires and components are still very much a part of the flat
screen experience." "Our furniture combines form and function,
allowing the consumer to beautify ones home while enjoying the
latest technology," he said.
To help retailers merchandise and sell more
effectively in these categories, Bush and Eric Morgan are
partnering with branding and marketing specialist,
Prescott/Levinson Advertising, of Huntingdon Valley,
Pennsylvania, to create a focused merchandising program,
including complete marketing resources, designed to brand a
store as the local home theater and SOHO (small office, home
office) authority.
According to Mark Phanco, Vice President of Home
Furnishings for Eric Morgan, "Many independent retailers are
losing SOHO and home theater furniture business, simply because
they have not evolved their merchandising and marketing efforts
to meet the needs of today's consumer. For example, consumers
are wondering how to accommodate the new flat-panel TV's. In
order to close the sale, furniture retailers must be ready with
the answers . . . and the furniture."
Noted Schmidt, "This is an optimal time to
capitalize on the potential in the home theater and SOHO
markets, and we are supplying the tools to do that. If a
retailer is serious about being in the business of home theater
or home office furniture, they should make plans to visit the
Bush and Eric Morgan showrooms and learn more about our
innovative program."
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