We are all aware of the fact that the world is in a recession and that the continuing economic crisis makes certain item demands at risk. That is why certain manufacturers have decided to do a price decrease just so they could create sales. One of the affected areas is Home Entertainment. As this is not a basic necessity in life, demands have decreased because of the continuing financial woes.
But then again, is the price decrease really because of the economic standing or just simply because of the growing competition among different manufacturers of home entertainment devices? Some established manufacturers have decided to do a little price reduction on their lcd tv sets. This seems to be a sign that now is the best time to acquire the latest lcd tv model.
From researches, the usual 40 and 42 inch lcd tv from Samsung sells at $1487 of October last year. But starting May of this year, the model goes a $1098 only indicating the 35 percent drop. Other lcd tv brands sold at $1037 before are now being slashed 27 percent making the price tag down to $819 only.
Now this creates another dilemma for consumers as they choose which set best fits their budget. With the various brands competing, it is noted that price drop differences between the least and most expensive models is between 48 to 66 percent. Surely getting a 40 or 60 percent off is a deal nobody can resist. The 40 percent discount is big enough for an incredible Samsung 55 inch High Definition LCD TV. Consider that the price cut is for recent LCD television models as well.
So is it really the best time to get a new LCD TV set? Probably it is. This is the time when it is good to take advantage of the current economic status because establishments are doing bargains and offering great deals just so they can maintain a market. But remember to only get what our money can afford. This time, the combination of competition among different brands and the recession problem makes consumers winners.
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