Join our daily newsletter At The Bell to receive exclusive market insights
- MGM Wireless has teamed up with The Good Guys to sell its Spacetalk in Australia
- Spacetalk is a children’s smartwatch phone is controlled by the parent
- The Good Guys have agreed to sell Spacetalk in all its 105 national retail stores and online
- SPACETALK will be in Good Guys stores by the end of November
- MGM Wireless is up 4 per cent on the market, this afternoon and is trading at $3.38 apiece
MGM Wireless has teamed up with The Good Guys to sell its Spacetalk in Australia.
Spacetalk is a children’s smartwatch phone and has a GPS installed. The phone is controlled by the parent.
The device will only make phone calls to a list of contacts in which the parent chooses. Kids can reply with words, phrases or emojis that is parent-approved.
It has no social media, no apps and no camera, the company says this phone is best for kids aged 5-12 and belives this is the only phone children should have.
The phone has a GPS location on demand, so the parent knows where their children are at all times.
The Good Guys have agreed to sell Spacetalk in all its 105 national retail stores and online. The electronic store has a proven track record of building new product categories and introducing new brands.
MGM says Spacetalk will be displayed in high-traffic areas of retail stores and in prominent freestanding aisle displays.
MGM CEO Mark Fortunatow says this is an exciting new distribution deal.
“Mobile communications is an important growth area for The Good Guys, which has a friendly shopping environment also favoured by Spacetalk target demographic of women in the 30-55 age group,” Mark said.
“The Good Guys are known for great service and enjoy a high degree of loyalty and trust with customers. This is a terrific place for customers to find out about Spacetalk,” he added.
The smartwatch phone is expected to be sold at The Good Guys by the end of November, in time for the peak Black Friday, Christmas and Back-to-School sales period.
The total wearables market to increase to US$52 billion in 2020, up 27 per cent from 2019, with more users coming into the smartwatch market.
MGM Wireless is up 4 per cent on the market, this afternoon and is trading at $3.38 apiece at 1:42 pm AEDT.
