Home ›› 25 Feb 2022 ›› Corporate
Walton brand television has been registering rapid and successful market expansion in Croatia by the huge response from the customers toward the Bangladeshi electronics giant made television.
Walton TV’s state-of-the-art technology, features, high standard, and sustainability are luring the Croatian customers. In this regard, Walton TV’s modern marketing strategy has been also playing a significant role, the company said in a statement.
The Bangladeshi brand started TV export to Croatia in 2020 as the OEM (Original Equipment Manufacturer) system. From 2021, it has been exporting television with its brand logo in the Croatian market. Being Walton TV’s distributor, Croatia’s renowned electronics brand ‘Smartphone I Tablet Service D.O.O.’ are conducting sales and marketing activities in the Croatian market.
Walton’s Croatia market concern Aminul Islam said that Walton’s TV market in the European country has been extending rapidly. As of nearly $2.5 million worth of Walton TVs has been exported to Croatia. This year, Walton is hoping of bagging $3 million worth of earnings from its TV export to Croatia. Walton TVs are being displayed and sold in supermarkets across Croatia, such as Interspar and Kaufland, along with extensive advertisements being aired on local TV channels and other media outlets, added the statement.
Walton TV’s Chief Business Officer Engineer Mostafa Nahid Hossain said, “Walton TV registered a 264 per cent export growth in the fiscal year 2020-21. Now, Europe is the major export market of Walton brand TV. As of now, Walton expanded its TV exports to 14 European countries, including Germany, Greece, Ireland, Poland, Spain, Italy, Romania, and the Netherlands. This year, Walton is moving ahead to create new export markets in Europe, America, and Asia. Our goal is to build a brighter image of Bangladesh abroad by marketing ‘Made in Bangladesh’ labeled TVs worldwide.”
It is mentionable that Walton has been exporting TVs to different countries since 2010 and then positioned itself as the country’s top television exporter. Now, Walton-made televisions are being exported to over 35 countries. The domestic brand is now moving ahead with a mission of becoming one of the top five television exporters in the global market.