Siras: 'Super Bowl' TVs
Unlikely To Be Returned
By TWICE Staff On Jan 30 2012 - 6:01am
REDMOND, WASH. — Siras reported that consumers
are no more likely to return TVs purchased
in the week leading up to the Super Bowl than they
are TVs purchased anytime in the 30 days before or
30 days after the big game.
In an exclusive report for TWICE, Siras said that
this dispels a popular notion that consumers are
more likely to purchase TVs prior to the Super Bowl
with the intent of returning them immediately after.
Siras provides product registration, return validation
and lifecycle tracking services for retailers and
manufacturers. Peter Junger, Siras president, said,
“There’s nothing in our data to suggest retailers
need a special return policy for TVs purchased in
the week or weeks leading up to the championship. While we looked at the 30-day window on either side
of the Super Bowl, the results are also consistent with
rates we see throughout the year.”
The new report, based on information from thousands
of retail outlets and covering hundreds of thousands
of TV purchases, compared the 90-day return
rate of TVs purchased within 30 days of the Super
Bowl in 2009, 2010 and 2011.
Siras did not disclose the actual percentages of
products returned, only the relative trends for each
year. According to Junger, the analysis shows that
return rates in each of the last three years remained
within the predictable range for TVs purchased at any
other time that year.
“Our data for the last three years do show a slight
year-over-year increase in 90-day return rates of TVs
among our participating retailers, but that reflects
an annual trend, not something related to a singular
event during the year,” said Junger. “We think the
increase stems from consumers paying closer attention
to retailers’ return policies and from a continuing
decline in TV prices, but we would need to do more
analysis before drawing any conclusions about that.
As far as the Super Bowl goes, though, there’s no
reason to change from doing business as usual.”