Independent Brisbane retailer, CameraPro, has plans to expand its operations and is on the hunt for specialist photo retailer acquisition opportunities.
Inside Imaging recently asked numerous Australian specialist retailers how they were coping with the current situation, amid reports the retail sector is experiencing immense difficulty. While the response was overwhelmingly optimistic, if there are struggling photo retailers out there who are considering tapping out, they are welcome to contact CameraPro.
‘We’ve been looking for opportunities for national growth and expansion for some time,’ said CameraPro founder, Jesse Hunter. ‘And with the significant decline in the camera industry, further consolidation in the market is inevitable.’
CameraPro, established in 2007, has two showrooms in Brisbane with one temporarily shut. In March it launched a Video Shopping Service, as a response to the Coronavirus-related restrictions on retailers. The shop connects with customers via video conferencing software, Gruveo, to provide an interactive online ‘in-store’ shopping experience.
Jesse claims his business has averaged a growth of 50 percent year-to-year for the past two years, thanks to its model of ‘service excellence’.
‘We feel we are now in one of the strongest positions in the market to bounce back as the photographic and camera industries re-emerge from Covid,’ he said. ‘Acquisition will be part of our strategy moving forward in a vastly changed retail marketplace.’
– Interested parties are encouraged to contact CameraPro at https://www.camerapro.com.au/contact