Philips TVs have been around for decades and have established themselves as one of the most popular brands in the market. They offer a wide range of products, including budget-friendly TVs.
While many people may assume that a low price tag means low quality, that is not always the case. So, why are Philips TVs so cheap?
1) Well-Established Brand
The company has been around for a long time. They have had ample time to streamline their manufacturing processes and reduce production costs.
Additionally, they have a well-established supply chain, which allows them to negotiate better prices for their components and raw materials. This means that they can produce TVs at a lower cost than some of their competitors.
2) Features As Per The Price Range
Another reason why Philips TVs are cheap is that they offer fewer features than some of the more expensive models.
For example, their budget-friendly TVs may not have the latest smart TV capabilities, advanced picture quality, or HDR support. While these features may be important to some consumers, others may not require them, and would rather save money on a TV that meets their basic needs.
3) Different Materials
Furthermore, Philips may choose to use less expensive materials in the construction of their budget-friendly TVs.
This could include using plastic instead of metal for the TV stand or housing, or using lower-quality speakers. While this may affect the overall build quality and sound performance of the some of the models of TV from Philips, it can help reduce the overall cost.
4) Budget Friendly TVs In Small Sizes
Another way that Philips keeps their prices low is by offering their budget-friendly TVs in smaller sizes. A smaller TV requires fewer materials and components, which reduces production costs.
Additionally, smaller TVs are generally less expensive than larger ones, which allows Philips to offer them at a more affordable price point.
Despite their lower price point, Philips TVs still offer many of the basic features that consumers look for in a TV. They typically have high-resolution displays, multiple HDMI ports, and built-in tuners for over-the-air. You can grab the different types of TV in different price ranges at Philips.
Therefore, talking about the cheaper models, Philips doesn’t compromise with its quality promise to the customers.