RETAILOBSERVER.COM JANUARY 2021
6
Moe Lastfogel
moe@retailobserver.com
Moe's Musings Views
Happy Retailing, and be safe-
H
appy 2021 to all of our readers and partners. 2020 was a different
kind of year to be sure.
I've been watching the current trends and this industry is
rocking, as long as the product is available that is. Appliances, electronics,
plumbing and furniture sales are up in all categories as consumers find
their current products don't meet their current needs. Looking at the state
of things with the Covid situation, new categories have opened for sales
although the products themselves have been around for a while.
In the appliance sector, companies like Liehberr, Summit, Frigidaire and
Danby all have medical low temp freezers available that can be sold to the
health care industry for vaccine storage. Laundry is also a category for
hygiene that many businesses outside of your current customers are
needing in order to handle PPE products (masks and cleaning materials. )
Plumbing Hygiene is another category that is taking off. Touchless
faucets featuring electromagnetic sensors with a hands-free design and
commercial foot pedal controls are starting to be specified more and
more. Bidets are also a great option as an add-on sale to address current
toilet paper issues.
Wellness, home security and outdoor dining are also great areas to
invest in new products for resale. UV sanitizers, video surveillance and
controls, gun safes and outdoor accessories like bar carts have all started
to show up in retail offerings.
No matter in which category you sell or specify, there are many new
revenue opportunities out there. You just have to find the correct clients
with those needs and assist them in getting the products that can fulfill
those niches. As we go into 2021, we will help facilitate you with news of
these new products as they come available.
PRODUCT IDEAS
FOR 2021
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