Tim Hutchinson, UK divisional manager of appliance manufacturer Liebherr, has encouraged retailers to ‘seduce’ consumers into replacing their cooling appliances by improving the quality of their displays.
With new data from GfK showing refrigeration appliances sales have grown by eight per cent between January and September 2016 when compared with the previous year, Mr Hutchinson (pictured) argued that retailers are missing out on an opportunity to encourage early cooling appliance replacement purchases.
“There’s a big replacement market as appliances only have a certain lifespan and need replacing,” he said. “Unlike manufacturers of kitchen furniture and bathrooms, whose products are fitted and are changed much less frequently, many models are freestanding and sold through electrical retailers for consumers who don’t have a completely fitted kitchen or prefer a slot-in/slot-out fridge-freezer.”
According to the figures, the style of refrigerator with the highest value growth was the traditional fridge-freezer at 10 per cent (60 per cent value share). This was followed by single-door fridges at seven per cent value growth (18 per cent value share) and US-style and multi-door fridge-freezers at one per cent (22 per cent value share).
He concluded: “I would advise retailers to look at what cooling appliances they are currently showing. Are their showroom displays sexy enough to entice customers into replacing an appliance ahead of time? Are the design aesthetics current and especially give consideration to performance as ‘green’ remains important to consumers, especially when you indicate how some newer machines can make noticeable savings on electricity bills and will keep stored foods fresher for longer.
“Liebherr has launched a range of highly technical new models this year with ground-breaking innovations that will satisfy the aforementioned criteria and beyond, and I’m sure our competitors will have newer, better models too, so do have a good hard look at your cooling appliance offering and see if you need to make a change or two.”