Some of the inconvenient truths about the furniture industry:
· Always misses an opportunity to miss an opportunity · Fair, tough czar needed · Innovate or evaporate · Fragmentation kills, breeds mediocrity · Manufacturers only want to sell to retailers · Retailers know little about consumers · Too much retail and manufacturing duplication · China forces race to the bottom · Advertising lacks practicality, incisiveness · Honesty and truth builds and sustains relationships · Fear of mutual collaboration · Most executives are marketing challenged · Consumers are smarter than industry · People distrust furniture advertising · Celebrity licensing usually fails · Retail "clearance centers" erode sales of running line goods · Smart differentiation succeeds · Comfort, design and living better outsells price · Too many egos not enough wisdom · Manufacturers caught with their plants down · Marketing is antiquated, self destructive, misleading · Trade show (Market) model inadequate · Trade publications are witting enablers, pander to advertisers · All that’s Green isn’t gold · True analysis missing in industry news · Best practices need greater awareness · Trade associations lack progressive punch · Conscientious retailers prefer to work showrooms into the evening instead of attending costly market entertainment · One all encompassing association needed for progress · Warring High Point showrooms diminish market cohesion · Industry recycles failed leaders: Screw up move up · Most market seminars are self-aggrandizing fluff · Retailers are undisciplined · Regional Las Vegas Market siphons precious marketing funds · More professionally certified retail designers needed · Off shore manufacturing killed brand equity · Real merchants are in touch with consumer dreams, wishes and aspirations There are many more inconvenient truths. Please share them for the common good: ivan@insidefurniture.com




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