Amazon Gets Aggressive with TV
And then there’s Amazon, which is now the second largest player in consumer-electronics sales behind Best Buy, according to Media Post, which points out that it, too, may soon be overtaken by the e-commerce powerhouse.
Not that Best Buy is resting on its laurels. The electronics giant posted strong revenues last quarter and is testing a new in-home consulting service aimed at helping consumers get the most from the technology they buy.
Perhaps most telling in all of this is how aggressively Amazon can operate in the electronics space. A 24/7WallSt.com report notes how Amazon has shown it “will drop prices on popular items to extraordinarily low levels” and points to LG’s 65-inch 65UF8600 4K Ultra HDTV, a 2015 model it’s offering for $1,300 with free shipping (the price you get only when you add the TV to your shopping cart).
Yes, it is last year’s model and yes they’re looking to clear inventory but the price on lg.com is $2,200. Discounter B&H Photo displays a ridiculously inflated list price of $3,698 with an “instant savings” of $1,500 in a roundabout way of getting to $2,198, also with free shipping.
Have you bought, or would you buy, a TV from Amazon? And does the LG 65UF8600 qualify as a “trailing edge” technology worth going for? Leave a comment.