Nationwide Marketing Group Touts Strong CE Growth
Buying group Nationwide Marketing Group adds 130 new Consumer Electronics members representing 358 storefronts and $500M in buying power in 2012.
The Consumer Electronics portion of the Nationwide Marketing Group buying group grew dramatically in 2012.
Calling the growth “much stronger than expected,” Nationwide added more than 130 new CE members and 358 storefronts, along with $500 million in buying power.
“With over 1,200 CE dealers, our presence in the industry is bigger than ever,” says Tom Hickman, senior vice president of electronics. “We are well on our way to meet our goal of doubling the CE business over the next 24 months.”
Says Dave Bilas, executive vice president, “Independents in the consumer electronics division can move much faster and keep up with the market changes better than the big-box stores. That’s the foundation Nationwide Marketing Group was built on, and we are thrilled to see continual expansion.”
Nationwide Marketing Group (NMG), headquartered in Winston-Salem, NC, is a buying and marketing organization for independent major appliance, consumer electronics, and home furnishings dealers. NMG has over 3,500 members with more than 10,000 storefronts and a combined $14 billion in annual sales.
Nationwide Marketing Group is the parent organization of RentDirect Nationwide and Specialty Electronics Nationwide.
Jason has covered low-voltage electronics as an editor since 1990. He joined EH Publishing in 2000, and before that served as publisher and editor of Security Sales, a leading magazine for the security industry. He served as chairman of the Security Industry Association’s Education Committee from 2000-2004 and sat on the board of that association from 1998-2002. He is also a former board member of the Alarm Industry Research and Educational Foundation. He is currently a member of the CEDIA Education Action Team for Electronic Systems Business. Jason graduated from the University of Southern California. Have a suggestion or a topic you want to read more about? Email Jason at [email protected]
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