Monoprice Introduces
New Product Line Designed to Make a House a Home
Leading E-tailer
Expands into Houseware Category to Meet Growing Needs of Customers
Rancho Cucamonga, CA (July 24, 2018)—Capitalizing on a time
when consumers are becoming more interested in creating stylish and trendy home
environments, Monoprice, a leading online
retailer of high-quality, affordable consumer electronics, today announced its first-ever foray into the flourishing
home décor category with the launch of the Carbon Collection. Now available for purchase, the Carbon Collection features sophisticated
home décor products including furniture, kitchen and barware, rugs and throw
pillows.
While shoppers have been slow to embrace the
purchasing of furniture and home goods online, U.S. retail ecommerce sales of both
categories are expected to hit $50.32 billion in 2018, according to The
eMarketer Ecommerce Report. Monoprice, which has gained a cult following in the technology
space for its cost-effective versions of the hottest items in technology,
released the Carbon Collection to challenge high-price markup and cost margins
found in category lifestyle leaders. Furthermore, the line specifically targets
an audience often overlooked by category competitors: males.
“Over the
last few years, we realized that our customers—and particularly males—have an
appetite for creating a living space that’s both tech-forward and aesthetically
pleasing. To fulfill that desire, we designed a home goods line that is contemporary,
refined and, most importantly, affordable,” said Bernard Luthi, CEO at
Monoprice. “This category expansion gives our customers—from first-time home
owners and apartment renters to interior designers—the items they need to make
their house a home without having to sacrifice style.”
Monoprice
has experienced tremendous success in category disruption. The e-tailer has
been revitalizing the consumer electronics and accessories categories since its
inception in 2002—when it first sold basic tech gear, such as HDMI cables. From
there, Monoprice grew to become the leader in 3D printing and also started
offering USB-C monitors/workstations, high-grade audio and more. Most recently,
the brand successfully expanded into the home appliance category with its Strata Home line, as well as the outdoor and
cycling sector with its Pure Outdoor suite of products. Now, Monoprice is
making its mark in the interiors space, a rapidly growing market that is
estimated to garner $664 billion by 2020, according to information released by Allied
Analytics, LLP.
Through
the unveiling of its newest product line, Monoprice intends to position itself
as the premier retailer for consumers seeking the latest and
competitively-priced home décor items without making a dent in their wallets. Initial
products in the Carbon Collection include:
Curacao Bar Cart ($149.99) – 20s vintage-inspired bar
cart features
tempered smoked glass shelves and a chocolate chrome frame outfitted with a
stemware rack and bottle holder Eastwood Winged Accent Chair ($329.99) –
a stately accent chair with sleek track arms with antiqued nail head trimming, and
a high back with a slight winged side for comfort
For more
information about Monoprice and all of its category offerings, please visit www.Monoprice.com.
About Monoprice, Inc. (DBA Monoprice.com)
Located
in Rancho Cucamonga, Calif., Monoprice, Inc. is an e-commerce leader
specializing in providing more than 7,500 high-quality yet affordable
electronics and tech products. As an industry innovator, Monoprice fills a void
in the consumer technology market by delivering exceptional products that are
on par with the best known national brands at prices far below the retail
average with incomparable speed and service. Maintaining a business philosophy
that focuses on the needs of its customers, the company strives to bring
simplicity, fairness and confidence to consumers and businesses shopping for
big-ticket electronics and tech accessories. For more information about
Monoprice, follow us on Facebook, Twitter, LinkedIn, Google+, and YouTube.
# # #
Media Contact
Havas Formula
[email protected]
312-229-0605
|