Today on the 11th November 2017 (11/11/17), at 1111 hrs, I am going to share a news on Singapore’s first-ever completely cashless electronics showroom in Singapore, as well as a new launch promotion starting today for 10 days from 11th November to 20th November 2017. Visit and check out Audio House for a Happy 1111 shopping!
Ladies and Gentlemen, let me introduce Audio House:
- A homegrown electronics chain that has been in business for over 20 years. They were the first to offer “7 day Money-back guarantee” in 2004.
- In year 2017, Audio House had made a bold move and they are the first in the market, to challenge the market (both online and offline competitors) with this new concept – to offer electronics at up to 20% lower than the lowest prices in Singapore.
- In a short summary – Audio House promises a price match with any competitor’s price and an additional extra $20 cash back with every $100 spent storewide.
- Audio House is also the first in Singapore to go completely cashless, they will also revamp their entire showroom and payment system to bring forth a whole new shopping experience to their customers with a completely cashless payment concept.
- In August 2016, Audio House downsized to just one outlet at Bendemeer Road, closing down their 50,000 sq ft store at Liang Court. With a lower operating cost and a revamped business model, converting its only flagship store at Bendemeer into a showroom offering 100% cashless payment solutions, customers of Audio House stand to benefit.
- With these moves, Audio House is expecting to lower its operating costs significantly, in turn passing these savings on to its customers. Thus allowing Audio House to offer electronics at up to 20% lower than the lowest prices in Singapore.
New Launch Promotion
For 10 days from 11 to 20 November 2017, Audio House will be giving out free $100 vouchers to all new members who sign up at Audiohouse.com.sg. These vouchers will be given in $20 denominations, where these new members can offset each $20 voucher with every $100 spent. This $100 voucher is as good as cash as most items are easily a few hundred dollars. Audio House is looking forward to allow new customers to understand and experience the new cashless concept at Audio House.
100% Cashless Payment System
Customers can visit Audio House’s showroom to check out the latest home electronics, touch and feel them, as well as speak to the sales promoters about the specifications and more. After deciding on their purchases, customers can then make purchases via Audio House’s e-commerce platform, with arrangements of delivery and payments also completely done online.
High Efficiency with Newly Revamped Automated POS System
Audio House has invested around $500K over 3 years to create a whole new e-commerce platform that provides information on sales promotions, stock availability, delivery and more, with information feedback from its back-end system. With this platform newly launched, Audio House expects to increase staff efficiency and productivity as stocks management are more efficiently done, syncing both online, back-end as well as delivery service directly. Customers looking to shop online can also expect a more efficient and accurate experience, as stock availability, prices and promotions are reflected in real time.
Audio House challenges the market + offers up to 20% rebate
If a customer finds the same product cheaper elsewhere (be it online or offline in Singapore), they can bring the photo proof to Audio House showroom where Audio House will match that price immediately. On top of matching the lowest prices, customers are given up to 20% rebate. Check out the examples below.
Example 1: PHILIPS 49PUT5801 49” 4K UHD SLIM LED TV (Usual Price $1,099)
Audio House price (lowest in the market, else the lowest price will be matched): $698 On top of that, customers will receive $120 cash vouchers rebate after their purchase. These $120 cash vouchers are given in $20 denominations, and they offset $20 with every $100 spent in their next purchase.
Example 2: Dyson AM07 Tower Fan (Usual Price $779)
Audio House price (lowest in the market, else the lowest price will be matched): $485. If customers already have vouchers in their account e-wallet, they can directly offset $80 cash vouchers with this purchase, and pay only $405 for this product.
Audio House Information
Location: Audio House @ Bendemeer Road, 72 Bendemeer Road, Luzerne Building, #01-20/21/22, Singapore 339941
New Opening Hours: 12:30pm to 9:00pm
Website: www.audiohouse.com.sg
* Information and details courtesy of Audio House and Brand Cellar *
[…] the launch of its membership program along with its cashless payment system in November 2017, Audio House has successfully built a base of more than 113,000 members within one and a half […]