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When it comes to purchasing a new TV, many consumers are drawn to the budget-friendly options available at large retailers like Walmart. Among the most affordable brands on the market is Onn, Walmart's exclusive line of televisions. Onn TVs, in particular, are often significantly cheaper than comparable models from other popular TV brands. For example, a 75-inch 4K Onn TV might be priced at just $500, which is hundreds of dollars less than what you'd pay for a similar-sized TV from brands like Samsung, LG, or Sony. But what’s behind the low price of Onn TVs? Why are they so cheap? In this article, we’ll explore the factors that contribute to the affordability of Onn TVs, as well as examine the broader trends in the TV industry that have led to a decrease in prices across the board. We’ll also touch on the potential disadvantages of budget TVs, and consider the future of TV pricing.
Why Are TV Prices Dropping?
The trend of falling TV prices can be attributed to several factors that have reshaped the consumer electronics industry over the past decade. First and foremost, the technology used in modern televisions has become much more affordable to produce. A few key technological advancements have played a role:
1. Panel Technology Advancements: LCD and LED panel technology have significantly improved over the years. As a result, manufacturing costs have decreased, and TVs with high-definition (HD), 4K, and even 8K resolutions are now more accessible. Onn TVs, for instance, use standard LED panels that are relatively inexpensive to produce in large quantities.
2. Competition Among Manufacturers: The TV market is flooded with manufacturers competing to offer the most attractive prices and features. This has led to price wars where budget-friendly brands, like Onn, focus on keeping costs low while still providing a product that satisfies the majority of consumers. Brands such as TCL, Hisense, and Vizio also participate in this price competition.
3. Large Scale Production: Walmart’s exclusive line, Onn, benefits from large-scale production, which reduces the per-unit manufacturing cost. These TVs are produced in high volumes and often with fewer bells and whistles, meaning less money is spent on features that may not be essential for a basic TV viewing experience.
4. Manufacturing Outsourcing: Many of the budget TV brands, including Onn, source their components and assemble their products in countries with lower labor and manufacturing costs, such as China. This keeps costs down while maintaining competitive pricing.
5. The Rise of Online Streaming: More people are relying on online streaming services like Netflix, Hulu, and Disney+, which has decreased the demand for high-end TV features like advanced tuners or complex audio systems. Budget brands like Onn provide the bare essentials—namely, a screen and access to streaming apps—at a low cost.
6. Declining Cost of Other Components: The cost of processing chips, memory, and other internal components that power modern TVs has also dropped over the years. Many budget TVs, including Onn models, use simplified processing systems, which reduces the cost of the overall unit.
Budget TVs: Disadvantages You Should Know About
While the affordability of Onn TVs and other budget models may seem appealing, there are several potential disadvantages to keep in mind before making a purchase. These drawbacks are especially important to consider for consumers who are accustomed to higher-end models or expect certain features that are typically found in premium TVs.
# 1. Picture Quality:
Onn TVs, while perfectly acceptable for everyday viewing, often fall short in terms of picture quality compared to premium brands. While many Onn TVs support 4K resolution, their overall image quality, contrast, and color accuracy might not be as sharp or vibrant as that of high-end models from brands like LG, Sony, or Samsung. Some budget TVs also lack the advanced color technologies, such as OLED or Quantum Dot, which can make a significant difference in viewing experience.
# 2. Sound Quality:
Another common issue with budget TVs is subpar audio performance. Onn TVs, like many other affordable models, tend to have weak built-in speakers. This is particularly noticeable in larger TVs, where the physical space for sound equipment is limited. While an external soundbar or speaker system can help alleviate this issue, it adds to the overall cost of setting up the TV.
# 3. Limited Smart Features:
Most Onn TVs come with built-in streaming services like Netflix, Hulu, and YouTube. However, their smart TV platforms are often limited in terms of functionality and ease of use. For example, Onn’s interface may not be as user-friendly or feature-rich as those found in Samsung’s Tizen OS or LG’s webOS.
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why are onn tvs so cheap - sansui tv reviews consumer reports