20 C
Dubai
Wednesday, January 29, 2025
spot_img

UAE TV sales double ahead of tournament

[ad_1]

With the FIFA World Cup looming in Qatar, TV sales in the UAE have doubled, with most of the big brands cashing in on the success of the mega-event.

Millions of people will flock to Qatar and Dubai in the coming weeks to watch the world’s biggest football event. Millions of football fans in the UAE will watch the World Cup on television at home and on big screens in different football areas, hotels and F&B outlets in Dubai and the UAE.

“Millions of customers are starting their World Cup preparations, which includes putting together their match-ready setups. As a result, Noon’s TV sales and demand have more than doubled,” Neha, Noon.com Growth and Digital Strategy Choudhary said.

Top brands such as Samsung, LG, Hisense, Xiaomi and Nikai have seen a surge in demand and popularity on the platform in recent weeks, Choudhary added.

“Thanks to our recent 11.11 sale and Noon’s upcoming biggest Yellow Friday sale yet, customers will have even more opportunities to improve their game-ready setup at incredible prices, with cashback rewards and more ,” she added.

In addition to digital stores, brick-and-mortar stores also reported good TV sales driven by the FIFA World Cup.

According to Redseer Strategy Consultants, around 5 billion eyes are expected to be watching the World Cup in Qatar, an increase of more than 43% over the viewership expected during the World Cup in Russia.

“Covid has driven digital penetration, giving fans multiple ways to engage with football. Fans’ habits are evolving, and so is the way they experience football. Their interest is not just in the 90 minutes, but behind the scenes; Not just for established tournaments, but for esports competitions,” said Sandeep Ganediwalla, Partner, Redseer Strategy Consultants.

“Historically, consumer spending increases during the winter festivals. Big shopping events like Black Friday drive shopping growth, coupled with the World Cup will lead to higher spending. People get hooked on the World Cup, interestingly, 83% of football fans use their smartphones while watching games on TV. We estimate an increase in customer spending across online channels across industries,” he added.

[ad_2]

Source link

Related Articles

A Leap of Faith: The Journey of Avanti Poredi and Associates

A Leap of Faith: The Journey of Avanti Poredi and Associates In a world where time is money, Avanti Poredi has carved out a niche...

GCC Market Potential: Key Cultural Events in 2025 Offer Prime Opportunities for Luxury Brands

GCC Market: Key 2025 Cultural Events Offer Prime Opportunities for Luxury Brands A recent guide detailing key cultural events in the Arab calendar for 2025...

UAE’s Economic Surge: 2025 GDP Growth Forecast at 4.5% as Non-Oil Sectors Thrive

UAE is set to achieve a remarkable economic milestone in 2025, with analysts projecting a 4.5% growth in GDP. This optimistic forecast reflects the nation’s...

India-UAE Forge Stronger Bonds: Pioneering Trade Growth in Renewable Energy and Technology

India and the UAE have further strengthened their trade relations with discussions held on the sidelines of India's Republic Day celebrations, where officials from...

UAE Pioneers Economic Progress with 15% Minimum Tax on Multinational Giants

UAE will introduce a 15% minimum top-up tax on large multinational corporations operating within its borders. This decision aligns with the OECD's global minimum corporate...

Latest Articles