mytzen said:
I just read an article that stated that many TV's go on sale starting in April each year. It said that this is because most Japanese companies have their fiscal year ends in March and they like to bring out newer TV's at the beginning on each new fiscal year, so they signifcanlty reduce the price of older models.
Does anyone know if this is true?
The Japanese companies that I purchase from have end of March business years. But these companies are not making AV equipment, so I do not know if March is compulsiary or just the normal business year for some or all of the the Japanese companies.
The norm across all major manufacturing companies is to introduce products in conjunction with the beginning-end of their business year, or to intro products in cycles to coincide with the distribution/selling method of their products.
For many consumer products, 6 months has been traditionally allowed for marketing and distribution of the product prior to the peak selling season. Thus, if Oct-Dec is considered the peak selling season for the product, the new models should be introduced from March thru June.
So logic would dictate that April could be the start of the last year's model sell off. And possible price decreases could happen.
That does not mean BB and CC are about to dump their prices on last year's models. Inventory levels at the stores, plus inventory levels in the distribution system (both BB/CC distribution system and the manufacturer's distribution system) can have a greater impact on pricing than the manufacturer suddenly dumping off last year's models.
And price levels and design features of next year's models can also play a huge factor in the price of last year's models.
