For Shoppers For Business Customer Login Retailer Login 5 top products for Golden Quarter 2021 – Consumer Electronics The Golden Quarter is upon us with consumers getting set for the first post-Covid Christmas with no lockdowns in sight. Online retailers should be looking at this quarter’s latest trends to provide the top products people want to help maximise profits. Consumer electronics are always popular purchases during the Black Friday / Cyber Monday (BFCM) weekend, and all the way up to Christmas too. Globally, revenues in the market are set to reach £10.9bn by the end of this year. By 2030 it is expected that 43% of that figure will be generated via online sales, so capturing a target audience this year can set you up for success as you retain their loyalty for future years to come. Using data from Google, and industry-leading experts, we’ve looked into which consumer electronics products you should be stocking to get shoppers checking out your website. Premium televisions and accessories Global sales in the TV market (excluding the US) reached $33bn in the first half of 2021, up 18% on the same period last year. New technologies are creating new must-haves. With 8k resolution, built-in AI assistants, and state-of-the-art screen lighting, new product releases are coming thick and fast. These advances do not come cheap. For example, Samsung’s 8k smart 85” TV is priced at £5,999. Even without new technology, the price of televisions is rising. Due to a shortage of parts and issues with supply, the price of an average 55” television is now last year based on global sales data. A perfect product to stock ready for buyers looking for a new device to enjoy the festive TV schedule. Fitness tech Interest in fitness devices typically peaks in January as consumers attempt to adopt a healthier lifestyle post-Christmas indulgence. But this year, Google Trends data shows numerous peaks and interest is currently rising. Take advantage of this by offering a choice of technology. From wearables such as the best-selling Fitbit Charge series, to smart exercise equipment like the Kickr Bike which starts at £2,999. Other items also becoming popular include ‘smart’ treadmills, rowing machines, and cross-trainers. Capturing the attention of buyers in this sector now will also set you up for more success when new year’s resolutions kick-in at the start of January. Home AI Among the many eye-catching products at this year’s Consumer Electronics Show, it was noticeable just how widespread Artificial Intelligence, or AI, in the home is becoming. Starting with simple voice assistants such as Apple’s HomePod with Siri or Amazon’s Alexa, trends suggest that by 2024 the number of assistants in use will reach 8.4 billion. That’s more than Earth’s population! While these devices can be helpful, it is nothing compared to what is coming. New innovations to enter the market include LG’s Signature InstaView Door-in-Door refrigerator which connects to Wi-Fi, responds to voice commands and even opens the door for you. This piece of innovative home technology starts at a price point of £1,729 rising to £5,699. Other smaller home AI products that are increasing in popularity include smart lights, home security kits, and robot vacuum cleaners. Games consoles With eSports being aired live and online streaming opening the world to a wider audience, video games are now mainstream, and consoles are in high demand. So high in fact, that there is still a general shortage of many next-generation consoles from Sony and Microsoft, despite selling over 15 million units combined this year. As Nintendo launch their new iteration of the popular Switch model, and Christmas lists are being written, we will see a spike in interest for these consoles very soon. The prices of the three leading consoles continue to hold steady, from the lower-end options such as an Xbox Series S and Nintendo Switch priced at £249 and £259 respectively to the higher-end, premium options of the PlayStation 5 and Xbox Series X both sold at £449 at retail. The scarcity means any stock you can sell will be in high demand. Mobile phones The one device in consumer electronics that year-on-year sees renewed growth courtesy of the latest releases. Stocking and selling sim-free mobile phones is an especially good choice right now as global smartphone sales reached 328.8 million in Q2 this year. While you may initially think of Apple as the leading brand, a YouGov survey discovered that Samsung is actually the UK’s most popular brand in consumer electronics. Looking only at brands that produce phones, Sony came in second, with Apple third, and Nokia fourth. You may also want to consider stocking devices from Xiaomi and Oppo which ranked second and fourth for number of sales in Q2 this year as alternative manufacturers enter the market. Increase conversions on your online store Shoppers spend a lot of money during the Golden Quarter, and this year’s run up to Christmas is set to be a big one. With higher value items, such as consumer electronics, on your eCommerce site, providing an interest-free credit option could turn a browser into a buyer. Giving customers the option to spread the cost of purchases can help in securing those sales. DivideBuy’s interest-free credit option integrates seamlessly with your eCommerce website and enables customers to pay for their purchases over several months – with no hidden fees to worry about. For more information about how interest-free credit options could work with your website, contact the team at DivideBuy today. We’re specialists in point-of-sale finance that helps your customers spread the cost of their purchases – and gives them another reason to come back to your website. Share Page last updated: 09 November 2021 Get Started Automotive Broker Catalogue Shopping Electronics Entertainment & Leisure Fashion Health & Beauty Home & Garden Parent & Child Pets & Livestock Service Specialist Equipment Supported Living Tools, Materials & DIY Wedding We collect and handle your personal data in accordance with our Privacy Policy Request Demo 9th November 2021 Go Back to Article Recent News Six reasons to offer your customers an interest free credit solution at checkout The UK eCommerce sector is estimated to be worth around £185 billion in 2021, this was buoyed by huge growth since the start of the COVID-19 pandemic, when many brick and mortar stores were closed during lockdowns and online shopping was the only option for many consumers. In such a competitive sector, giving customers multiple […] Read More 24th November 2021 Top 5 products for Golden Quarter 2021 – Home & Interiors Maximising profits during Q4’s Golden Quarter is a primary focus for many eCommerce brands. This year’s Golden Quarter is more important than ever for many UK retailers, with an estimated £22 billion having been lost during the UK’s three pandemic lockdowns during 2020 and early 2021. The good news for the home and interiors sector […] Read More 16th November 2021 The power of flexible payment terms – how eCommerce businesses can make the most of seasonal spending Throughout the year, there are times when consumers are more likely to make a purchase from an eCommerce retailer or a brick-and-mortar store. Valentine’s Day, Spring Bank Holiday and Halloween are just a few of the obvious ones, driving an uplift in sales for businesses across lots of different sectors. Then there’s the Golden Quarter […] Read More 2nd November 2021 Subscribe & Follow Retailer Newsletter Sign up to receive news, hints and tips and helpful articles for your business. Submit Categories All Art Spotlight Industry Topics Trends Technology DivideBuy Insights For Shoppers Go Shopping How it Works Blog FAQs Help Complaints For Businesses Demostore Get in Touch Retailer Resources Retailer FAQs Retailer Articles Success Stories DivideBuy About Us Careers News Site Map Log In Shoppers Retailers Follow Us LinkedIn Facebook Instagram YouTube Twitter Privacy Policy Cookies Security Terms and Conditions Modern Slavery Act Statement DivideBuy is the trading name of Rematch Credit Limited. Rematch Credit Limited registered and trading at First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. Company number 08097204. Rematch Credit Limited is authorised by the Financial Conduct Authority, (the FCA). 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