Read more.Quote:
Macroeconomic factors and increasing retail polarisation will make 2008 a challenging year for the channel.
Printable View
Read more.Quote:
Macroeconomic factors and increasing retail polarisation will make 2008 a challenging year for the channel.
What I want to know is, whenever we go for a mortgage the bank holds the deeds, if you default the bank owns the house, so whilst they may be down on a percentage of the deal they now own lots of property , how come they are writing Billions off and in the end the more liquid customers and new mortgagees are now paying for it ????
as soon as i saw
'Macroeconomic factors and increasing retail polarisation will make 2008 a challenging year for the channel. '
the first thing that popped into my head was 'what a load of bull****'.
why spin it out like that ?
why not write 'due to people not having much money, not much stuff will be sold this year.
much simpler and less execuspeak nonsense.
Aard, you realise HEXUS.channel is for the technology channel - retailers, vendors, manufacturers and so forth, right?
Thanks for the translation, I wondered what was meant with "retail polarisation". I figured another AMD vs. Intel sort of debate was coming up, not understanding how that could be bad for business. :embarrassed:Quote:
Originally Posted by Aard
And the channel, isn't that the one with the tunnel between UK and Belgium/France? :confused:
Because it's never quite as simple as that, the houses they repossess take time, effort and money to be made resellable, not so easy if the person who lives there refuses to move out, or was a slob. To a bank, this is a headache because whilst they have an asset on paper means the bank can secure lending from other banks normally, the fact they've ended up being the one holding the houses, means the other banks are less likely to trust them.Quote:
Originally Posted by pumpman
All in all, this neatly exposes quite how made up our money really is, very little of what we spend is actually tied back to real assets (which generally equate to energy in some form)
Thanks Lucio, that's more or less what I was going to say.
Aard, it's not as simple as people not having much money; the key issue right now is the unavailability of credit, which is different. Furthermore, the credit crunch also affects the channel (see below) as many resellers, system integrators (SIs), etc rely on generous and freely available lines of credit to be able to create the economies of scale and forward planning that enable them to compete with larger organisations. Also, even if you can reduce a matter to concise statement such as yours, it's sometimes interesting to explore the reasons behind it don't you think?
I should have explained what I meant by retail polarisation more clearly. I referred to it in my penultimate paragraph in which I described the desire of mega supermarkets to own the PC market. If they succeed then consumers could ultimately be forced to choose between two extremes: a £300 PC from Tesco or a bespoke build from an independent. Hence retail polarisation.
The channel describes the process by which a PC ends up in the hands of a consumer or business and the commercial interests therein. For example a GPU may be manufactured in one factory and then taken by a board partner (vendor) who turns it into a graphics card.
In order to make its product available to a given market, this vendor will enter into a commercial arrangement with a distributor. This distributor effectively acts as a proxy representative of the vendor and makes the product available to its client resellers, SIs and so on. They in turn either sell the product on to the end user or build it into a system and sell that.
This interdependent chain from manufacturer to vendor to distributor to reseller to end user is what I call the channel and is the audience HEXUS.channel is designed to cater for.
Cheers, Scott.
yeah its just stuff like that activates my brains bull**** trigger and makes me go temporarily insane :)