When we’re about to buy a new budget-friendly Smart TV, the first brand that comes to our mind is Hisense. The reason behind this is that it has registered as an affordable brand in the consumer’s mind. Hisense manufactures TVs with advanced features, and the built-in quality of the product is excellent. But have you wondered why Hisense TVs are so cheap? In this guide, we’ll uncover the secret behind their affordability.
Reasons Why Hisense TVs are Sold at Affordable Prices
Some major reasons for Hisense TV being cheaper are discussed below.
Entry of New Competitors
One promising factor for Hisense TVs being cheap is the increased competition in the market. Like a massive growth in population in the last few years, new players have entered the market, offering TVs at low costs.
As a result of this competition, Hisense decided to create goodwill in customer’s hearts by providing their TV at the best quality and reasonable price. This was warmly welcomed by customers, thus creating a brand identity.
Hisense TVs Simple Structure and Hardware Parts
Screen size and layout are vital aspects of Hisense Smart TVs. Nowadays, every TV comes with slim designs incorporated with extraordinary features. To overcome this, Hisense decided to marginalize TVs that use low processors. Another reason to sell the TV at affordable rates is that Hisense Smart TV uses mid-range hardware parts and bounces some of the latest features, unlike other brands.
Affordable Labor Cost
In the course of trying to expand its production, Hisense was able to construct 13 manufacturing units in China. This fact states that the cost of labor or manpower is relatively cheap in China. Making this opportunity favorable, Hisense continued manufacturing in China and became the largest TV manufacturer in the Chinese market.
The manufacturer of Hisense TV is Hisense Group (A Chinese Multinational Manufacturer).
“The more hands on work, the faster the manufacturing of products“. Thus, Hisense started to produce TVs at affordable rates, made huge profits from them, and registered consistent growth in the market.
Hisense TV Partnerships:
Hisense has acquired partnerships with various companies and holds licenses for several technologies. So, Hisense was able to manufacture TVs at a low cost by buying resources from its partnership companies. This is why most Hisense TVs are offered at a lower price range than its competitors.
List of Budget-Friendly Hisense Smart TVs
Among the numerous Hisense TV models, I have hand-picked a few models that are affordable at their lowest and listed them in the below section.
- Hisense 40A56E 40 inch, Full HD Smart LED TV
- Hisense 32A56E 32 inch, HD Smart LED TV
- Hisense 43A56E 43 inch, Full HD Smart LED TV
- Hisense 43A6H 43 inch, UHD Smart LED TV
- Hisense 32E4G 32 inch HD Smart LED TV
- Hisense 32A4G 32 inch HD Smart LED TV
The above-mentioned reasons made a major impact on buyers, and thus, Hisense is termed one of the cheapest TV brands.
