The consumer electronics industry grosses in excess of $200 billion a year in the U.S., with a seemingly unending profusion of technological advancements, evolution and choices. So vast is the onslaught of information and variety that even the most enthusiastic and engaged consumer is usually overwhelmed with confusion. The pace by which brands and models proliferate and are constantly updated and replaced by newer versions makes it nearly impossible for any manufacturer or retailer to adequately explain and demonstrate products features, and provide meaningful customer service.
While it is essential for growth, competitiveness and profitability for these companies to develop new technologies and new offerings, it has created a serious gap in what is available and what can be communicated clearly and comprehensively to consumers. This consumer/technology gap could conceivable impinge on a significant percentage of that $2B in potential sales and revenue, and RKS saw the need to address the growing problem.
