It's not even Christmas, yet everyone in this industry is already gearing up for the 2009 International CES in Las Vegas. You're weeding through hundreds of e-mail product pitches and meeting requests. Setting up booth tours and plotting out a daily plan that allows you to cover as much ground as possible, and meet as many clients (and potential clients) as a day and evening will permit. Are you attending, and have you created a schedule yet?
Judging from e-mails requesting that I come see a nifty new gadget, or advising that on-site interviews can be set up with key manufacturer executives, it's clear that there will be plenty to see at the show. The most puzzling e-mail request I received, however, originated from an exhibitor at the Adult Expo, which runs concurrent to CES, inviting me to register, and visit their booth at that show. Two things initially crossed my mind. First: where do they see a tie-in between my industry and theirs? And second: how on earth did this person gain access to my e-mail address since the two expos have nothing to do with one another other than sharing the same city as their venue?
The person was pitching an iPhone application that optimizes adult films for viewing on the portable device's screen. Ahhh, now I get it. There is a clear tie in. Still: would traditional CE journalists cover this?
In many ways, when you think about it, the adult industry is a huge part of the consumer electronics industry. A few years ago, people were even predicting that X-rated films could very well be the deciding factor between which format won the high-definition DVD war - Blu-ray or HD DVD. In fact, this particular firm claims to have been filming in HD for the past 5 years! There are lucrative opportunities there, that's for certain. But you're walking a fine line if you consider covering this side.
With that said, while the Adult Expo won't be on my radar during CES (as if we don't have enough ground to cover already!), it'll be interesting to see how that area of business could eventually become further entwined with CE; especially with HDTVs, the Internet, and downloadable content making waves as the way of the future for content of pretty much every kind. Yes, including the adult kind.
As for CES, many still wonder whether attendance at the show will be down. It probably will be, but I doubt to very noticeable proportions. Exhibitors will have booked their booth space a year in advance, which means there will be just as much product on the show floor. From an attendee perspective, we'll most definitely see fewer feet roaming the aisles. But it will still be a packed show floor. And if some of those people decide to take the Adult Expo up on their offer and mosy on over to those exhibits at the Sands Convention Centre, so be it. But rest assured that the only scantily clad "booth babes" you'll see in the mainstream media will be holding a gadget of some sort, or standing nearby a line of flat-panel TVs.
Showing posts with label consumer technology. Show all posts
Showing posts with label consumer technology. Show all posts
Monday, December 22, 2008
Monday, November 17, 2008
Can Vegas Sustain Another CES?
Trade shows, especially in the technology industry, often gravitate to the grand city of Las Vegas. Why? The location is always upbeat, the space accommodating, and the area fairly central to most. But anyone that's traveled to an event there over the past few years knows that the costs are also exponential, and only getting larger. If you go to Vegas for a show like CES, you're liable to pay upwards of $300/night for a hotel room that would normally run for half that. A good meal is tough to find for a reasonable price (although plenty of fantastic meals are to be had if you're willing to fork over the dough for them!) And drinks? You're lucky to find anything, and I mean anything with even just a drop of alcohol for less than $10. But with the economy in the state that it's currently in, will Vegas be able to keep up its perceived price gouging of trade show-goers?
The next massive show to arrive in Sin City is indeed CES this January. At this year's CEDIA EXPO, which took place in Denver, CO, many were rumbling that CES would be jumping ship to another city once its contract was up. The reason? Pricing was getting ridiculous in that great city known as Lost Wages. Some claimed that this wasn't entirely true: the CEA was just bluffing in an effort to get Vegas to wake up to the incredible loss the city would experience if events companies started moving their business elsewhere. Neither of these rumours have ever been substantiated, but we have seen evidence that Las Vegas definitely needs to, and might already be, waking up to the effects economic uncertainty can have.
Visit the official CES Website (http://www.cesweb.org/), for instance, and you'll see a ton of hotels highlighted in bright yellow, signifying that they're offering reduced rates for show attendees. The most dramatic is the Excalibur, where a room that was $219 has now been reduced to just $141.
Aside from the show, the downturn the city is suffering from is becoming quite apparent. According to the Las Vegas Meetings and Travel Website from the Conventions and Visitors Authority, the number of visitors during the month of September was down 10.1% when compared to September 2007. In August, visitors were down 4.3%. The number of attendees at conferences was down 10% in Sept. and a whopping 22.3% in August; while the number of conferences actually held during those months was down 17.9% and 7.2%, respectively when compared to the prior year. Airline passengers arriving to or leaving from Vegas was also down: 9.9% in August and 13.2% in September. On average, all of the aforementioned figures were down at least 4% throughout the entire year of 2008 when compared to '07.
Meanwhile, even the gamblers are pinching their pennies. A recent Reuters report indicates that Vegas gambling is down for the ninth month in a row, while the take for casinos has dropped US$58 million from one year ago to an astonishing US$1 billion! Company shares on the stock market are also plummeting: Las Vegas Sands Corp. dropped from US$122 to just US$6; MGM Mirage from US$93 to US$11; and Wynn Resorts Ltd. from US$139 to under US$44.
While you won't see relevant companies opting out of attending CES this year altogether, you will see a cut back in the number of employees going down to the show. This means fewer flights, fewer dollars acquired from hotel room bookings, fewer dollars spent gambling, and fewer food and drink sales. Booths at the show will likely remain as big and flashy as they always are, but it's very possible that companies will be scaling back on even booth space as they consider bookings for next year's show.
What does this mean? The city of Las Vegas should really be pro-active in addressing all of these concerns, for both visitors and potential business partners that are looking to hold their conventions, events, and parties there. CES isn't moving to another location just yet, and has never announced that it is looking to do so either. But everything could tumble like a deck of cards if Vegas doesn't start proving itself a worthy, and reasonably-priced, home for convention-holders and goers to spend their money.
[Photo: Las Vegas News Bureau (LVCVA)].
The next massive show to arrive in Sin City is indeed CES this January. At this year's CEDIA EXPO, which took place in Denver, CO, many were rumbling that CES would be jumping ship to another city once its contract was up. The reason? Pricing was getting ridiculous in that great city known as Lost Wages. Some claimed that this wasn't entirely true: the CEA was just bluffing in an effort to get Vegas to wake up to the incredible loss the city would experience if events companies started moving their business elsewhere. Neither of these rumours have ever been substantiated, but we have seen evidence that Las Vegas definitely needs to, and might already be, waking up to the effects economic uncertainty can have.
Visit the official CES Website (http://www.cesweb.org/), for instance, and you'll see a ton of hotels highlighted in bright yellow, signifying that they're offering reduced rates for show attendees. The most dramatic is the Excalibur, where a room that was $219 has now been reduced to just $141.
Aside from the show, the downturn the city is suffering from is becoming quite apparent. According to the Las Vegas Meetings and Travel Website from the Conventions and Visitors Authority, the number of visitors during the month of September was down 10.1% when compared to September 2007. In August, visitors were down 4.3%. The number of attendees at conferences was down 10% in Sept. and a whopping 22.3% in August; while the number of conferences actually held during those months was down 17.9% and 7.2%, respectively when compared to the prior year. Airline passengers arriving to or leaving from Vegas was also down: 9.9% in August and 13.2% in September. On average, all of the aforementioned figures were down at least 4% throughout the entire year of 2008 when compared to '07.
Meanwhile, even the gamblers are pinching their pennies. A recent Reuters report indicates that Vegas gambling is down for the ninth month in a row, while the take for casinos has dropped US$58 million from one year ago to an astonishing US$1 billion! Company shares on the stock market are also plummeting: Las Vegas Sands Corp. dropped from US$122 to just US$6; MGM Mirage from US$93 to US$11; and Wynn Resorts Ltd. from US$139 to under US$44.
While you won't see relevant companies opting out of attending CES this year altogether, you will see a cut back in the number of employees going down to the show. This means fewer flights, fewer dollars acquired from hotel room bookings, fewer dollars spent gambling, and fewer food and drink sales. Booths at the show will likely remain as big and flashy as they always are, but it's very possible that companies will be scaling back on even booth space as they consider bookings for next year's show.
What does this mean? The city of Las Vegas should really be pro-active in addressing all of these concerns, for both visitors and potential business partners that are looking to hold their conventions, events, and parties there. CES isn't moving to another location just yet, and has never announced that it is looking to do so either. But everything could tumble like a deck of cards if Vegas doesn't start proving itself a worthy, and reasonably-priced, home for convention-holders and goers to spend their money.
[Photo: Las Vegas News Bureau (LVCVA)].
Wednesday, November 12, 2008
CES: Huge Leaps or Status Quo?
As anyone in the CE industry knows, CES, North America's largest technology trade show, is fast approaching. Returning to Las Vegas this January, the show will feature everything from the latest in consumer electronics, computing, wireless technology and other portable gadgets, digital imaging, and entertainment. You name it: if it's a really influential, really cool, and attention-getting device or technology, it'll be at CES. But just as quickly as all the facets of the technology industry are coming together in harmony, so, too are they branching off in various directions. Because of this, does CES still have the same clout that it used to?When you think about it, the show, despite its massive magnitude, is surrounded by several other smaller, more focused events. In September, CEDIA EXPO is where the custom A/V companies congregate, while PMA EXPO, held in March, is the show for the photo industry. If you're looking at wireless, whether we're talking handsets, software, apps, or business systems, April's CTIA WIRELESS event is a must-attend. Do you work on the commercial side of things? Then InfoComm is the show for you! So where does this leave CES?
Sure, CES gets the most media attention, and the most visitors, especially internationally. Because of this, many companies hold out for the iconic show to make major announcements. But what if you don't have that much happening in a year? If you're a flat-panel TV maker, for example, you can't hold back the following year's big items until January. Then what will you show at CEDIA? Hey, here's my old stuff. Thanks for coming. See you at CES! (?) Likewise, a camera maker might wait until March to make its big announcements at PMA, but then what do they show at CES? Do you divy up the line-up, showing off some teasers at CES followed by the grand reveal at PMA? Granted, it makes absolutely perfect sense to display the same products at CES that you did at CEDIA or PMA or whatever show floats your boat, because the smaller-scale events certainly don't target the same, massively mainstream audience that CES does. But if your dealers, partners, and specifically targeted media members were already at that other show, is CES worth it for the remaining exposure you're going to get?
The answer to this, of course, depends on a number of factors. How much does the rest of the exposure mean to you? What percentage of your dealers attend CES but don't attend the other targeted show(s), whether that be CEDIA, PMA, or what have you? How important is your message to both targeted and mainstream audiences? And finally, how major is the new product or technology that you're featuring this year? Even if it isn't a "revolutionary" breakthrough as so many companies claim the smallest adjustment to represent, the more exposure your company gets, the better. Exposure is everything. As they say, people might not notice you were there, but they'll certainly notice that you weren't.
The answer to this, of course, depends on a number of factors. How much does the rest of the exposure mean to you? What percentage of your dealers attend CES but don't attend the other targeted show(s), whether that be CEDIA, PMA, or what have you? How important is your message to both targeted and mainstream audiences? And finally, how major is the new product or technology that you're featuring this year? Even if it isn't a "revolutionary" breakthrough as so many companies claim the smallest adjustment to represent, the more exposure your company gets, the better. Exposure is everything. As they say, people might not notice you were there, but they'll certainly notice that you weren't.
With that said, while the 2009 CES might very well be a "status quo" year where we don't see any mind-blowing technologies introduced like we might have in previous years (Blu-ray and HD DVD, flat-panels TVs and 1080p, digital photo frames, and satellite radio, to name a few), it still remains a worthy event to attend if you're in the industry.
**Speaking of those in the industry, I'd love to know your favourite spots in Vegas to take dealers/clients, hang out for a drink or two, or relax during down time. If you send your top recommendation(s) to me via e-mail at cpersaud@marketnews.ca, we'll compile a "top spots" list to publish in the mag and/or online that you can peruse and get some ideas. Because hey, just as much as the show is about learning about products, it's also about wining and dining your dealers, potential dealers, and American/overseas affiliates. Here are a few of my recommendations to get you started:
Japonais in the Mirage Hotel: it serves a fusion of Japanese and French food, and has sushi dishes that are absolutely amazing. The ambience is great, and service is impeccable.
Cirque de Soleil’s LOVE at the Mirage: It’s an exciting, captivating show that’s worth experiencing at least once, especially if you’re a Beatles fan.
The Shadow Bar in Caesar’s Palace: Having stayed in that hotel for the past three years, it’s almost become like my “local bar” a few times every year. It can, in many ways, be considered the new Bugsy’s Bar because it often ends up being a meeting place for Canucks. You’re sure to run into some Canadian industry members there.
And of course who can forget Canada Night at Caesar’s Palace: It’s the event for the Canadian consumer electronics industry. No invitation is required, and all are welcome. We’ll see you there on Friday, January 9, 2009 at 6 p.m.! Click Here for more details.
The deadline to send me your suggestion(s) is November 20, 2008.
The deadline to send me your suggestion(s) is November 20, 2008.
Monday, November 3, 2008
Plotting Out a Year's Worth of Topics
Anyone who works for a magazine knows that this is the time when everyone puts their heads together to formulate a list of topics, features, and interviews that will appear in the following calendar year's issues. It's called an editorial calendar, and we're now in the final stages of putting together ours for both Marketnews and here's how! magazines. While the fast-paced nature of this business is always on our minds, you never really comprehend it fully until you sit down to perform such a task as this. It's difficult to try and slot applicable topics into various months of the year! How do you truly look to the future of consumer technology, where things can change literally from one minute to the next? It's almost impossible! Nevertheless, we do our best based on projections, expectations, and good ol' intuition.
There are seasons and holidays that dictate high selling times for particular products, for example. Back-to-school is logically during the July/August timeframe, while the holiday shopping season is November/December. Flat-panel sales often spike during the SuperBowl (February) and Black Friday (end of November after the U.S. Thanksgiving). Photo products do well during or just prior to the summer time, since people are either looking to buy digital cameras to take on their vacations, or printing photos like wildfire having just returned from a trip. As for the camera manufacturers; they typically save their major official product announcements for February/March (during the PMA trade show) and October, which is when they all hit like wildfire. Yes, there are enough new digital cameras coming to fruition to result in two major launch times per year! And Boxing Day? Ahh, every retailer of every gadget loves Boxing Day...that is if you're not working a 12-hour shift on the sales floor!
When it comes to highly-anticipated technologies for next year, we can attempt to predict when a few might hit it big. New cell phone carriers, for example, all anticipate having their services up and running by Q3. So it's safe to assume that a lot of attention will be placed on this space come that time; which is also when we can expect to see a flood of Google Android devices hit the market. CES, North America's largest technology trade show, takes place in early January, and naturally, every manufacturer will be making major announcements at that time. Ditto when it comes to the custom audio/video industry and CEDIA; the September-held trade show dedicated to that part of the technology space.
Then there are other "up-in-the-air" items that need to be considered. Will LED become a fierce competitor in the flat-panel arena next year? Can Blu-ray make it for the long-haul? Is Android going to take over the cellular world? Will WiMAX and NFC technology become commonplace? Can digital downloading overtake physical video media? We can speculate all we like, but the truth is that topics have to be reworked throughout the year to best accomodate what's happening. And let's face it: something always happens to shake things up.
In a way, this is a good thing. There is never a time where we have nothing to write about in the technology industry; and never a slowdown in product development. While TV manufacturing might slow down, cell phone manufacturing picks up. As cell phones slow down, PCs and digital content take off. There's always something. The other day, I saw a demonstration on TV of a head-worn device hooked up to a computer that could analyze brain waves and dictate letters of the alphabet that the person was thinking. Entire words would be spelled out on screen, letter by letter, until a full sentence was formulated. The point? It was being used by a man with ALS in order to help him communicate. Now that is truly amazing: there's so much more to technology than we could ever imagine.
What do you predict will be the big topics of '09?
There are seasons and holidays that dictate high selling times for particular products, for example. Back-to-school is logically during the July/August timeframe, while the holiday shopping season is November/December. Flat-panel sales often spike during the SuperBowl (February) and Black Friday (end of November after the U.S. Thanksgiving). Photo products do well during or just prior to the summer time, since people are either looking to buy digital cameras to take on their vacations, or printing photos like wildfire having just returned from a trip. As for the camera manufacturers; they typically save their major official product announcements for February/March (during the PMA trade show) and October, which is when they all hit like wildfire. Yes, there are enough new digital cameras coming to fruition to result in two major launch times per year! And Boxing Day? Ahh, every retailer of every gadget loves Boxing Day...that is if you're not working a 12-hour shift on the sales floor!
When it comes to highly-anticipated technologies for next year, we can attempt to predict when a few might hit it big. New cell phone carriers, for example, all anticipate having their services up and running by Q3. So it's safe to assume that a lot of attention will be placed on this space come that time; which is also when we can expect to see a flood of Google Android devices hit the market. CES, North America's largest technology trade show, takes place in early January, and naturally, every manufacturer will be making major announcements at that time. Ditto when it comes to the custom audio/video industry and CEDIA; the September-held trade show dedicated to that part of the technology space.
Then there are other "up-in-the-air" items that need to be considered. Will LED become a fierce competitor in the flat-panel arena next year? Can Blu-ray make it for the long-haul? Is Android going to take over the cellular world? Will WiMAX and NFC technology become commonplace? Can digital downloading overtake physical video media? We can speculate all we like, but the truth is that topics have to be reworked throughout the year to best accomodate what's happening. And let's face it: something always happens to shake things up.
In a way, this is a good thing. There is never a time where we have nothing to write about in the technology industry; and never a slowdown in product development. While TV manufacturing might slow down, cell phone manufacturing picks up. As cell phones slow down, PCs and digital content take off. There's always something. The other day, I saw a demonstration on TV of a head-worn device hooked up to a computer that could analyze brain waves and dictate letters of the alphabet that the person was thinking. Entire words would be spelled out on screen, letter by letter, until a full sentence was formulated. The point? It was being used by a man with ALS in order to help him communicate. Now that is truly amazing: there's so much more to technology than we could ever imagine.
What do you predict will be the big topics of '09?
Thursday, October 30, 2008
VCR And The End Of An Era
By Lee Distad
JVC announced this week that it has ceased production of VCRs. Once existing global inventory is sold through, that’s it.
This is especially newsworthy not only because VHS was such an enduring and successful format, having sold over 900 million units since 1976, but also because I (and I’m sure lots of other people) thought that the company had stopped making them long ago! Granted, it’s not a complete extinction. JVC will continue to make DVD/VCR combos for the near term.
At the risk of sounding overly sentimental, like many other lifers in the CE business, I have warm memories associated with VCRs. The first piece of electronics I ever sold was a Sony VHS VCR. Back in those days, you could make a tidy living just on the commissions from VCR sales. Tapes, too. I still remember pitching the advantages of higher grade and thus more expensive VHS tapes when selling them by the case.
For that matter, as late as the year 1999, I was still selling as many as 100 Betamax cassettes a week, believe it or not. I had four long-time clients in my client binder who were die-hard Betamax owners, and every time my store got a delivery of tapes, I would call each of them up. Whichever of them got to the store first would buy up the lot! They knew each other and all knew the score. It was like a little game between them.
A lot of years have passed since then, and we’ve seen so much technological progress in CE in even the last five years alone. It makes me wonder what technology I’m going to get all sentimental about 20 years from now.
JVC announced this week that it has ceased production of VCRs. Once existing global inventory is sold through, that’s it.
This is especially newsworthy not only because VHS was such an enduring and successful format, having sold over 900 million units since 1976, but also because I (and I’m sure lots of other people) thought that the company had stopped making them long ago! Granted, it’s not a complete extinction. JVC will continue to make DVD/VCR combos for the near term.
At the risk of sounding overly sentimental, like many other lifers in the CE business, I have warm memories associated with VCRs. The first piece of electronics I ever sold was a Sony VHS VCR. Back in those days, you could make a tidy living just on the commissions from VCR sales. Tapes, too. I still remember pitching the advantages of higher grade and thus more expensive VHS tapes when selling them by the case.
For that matter, as late as the year 1999, I was still selling as many as 100 Betamax cassettes a week, believe it or not. I had four long-time clients in my client binder who were die-hard Betamax owners, and every time my store got a delivery of tapes, I would call each of them up. Whichever of them got to the store first would buy up the lot! They knew each other and all knew the score. It was like a little game between them.
A lot of years have passed since then, and we’ve seen so much technological progress in CE in even the last five years alone. It makes me wonder what technology I’m going to get all sentimental about 20 years from now.
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