5 Sizzling Handset Business Start-up Chances
Starting a handset or cell phone business is usually a lucrative business opportunity in a developing market place. In the Electronic Products Exhibit, Dr. Eli Harary said “the smartphone market is the mother of all growth markets.”
Smartphone Business Market – No Longer Luxury
How big is the smartphone wireless market place?
The growth in cellphone usage increases internationally including almost all income spectrums.
A cell phone is not any longer an expensive business luxury or symbol of status but a essential must for many of us.
Companies or organizations from all industries and markets are eager for a share of a large and ever growing smart phone pie including RIM, Apple, Ms and Google. With a flood of giant challengers, is there space to launch a cellphone firm?
Big corporation indicates large investments in technology and commercial infrastructure to additionally build out the firm. For the small player, the ability to start a cellular telephone venture is accessible on the edges or niche markets.
Mobile Enterprise Influenced by Smartphones
Fueling the advancement of the cell phone industry is the development from traditional cellular phones to smart phones capable of over a rather simple mobile call.
Smartphones on the market let consumers to visit the Web, receive GPS navigations, listen to songs, show pics and also other sorts of social networks, utilise email and use apps including games and even more.
Opening a retail smart phone store is a path to go into business. Nevertheless, retail is undoubtedly an pricy, reasonably competitive, very low margin game. Alternative business opportunities occur for the mobile business.
Five Hot Mobile Phone Business Opportunities – The coolest possibilities to start up a smart phone business include:
With massive handsets everywhere with higher infiltration than the PC, the prospective for advertising and marketing is huge.
In spite of the fact that the current cost on smart phone ads is a drop in the bucket of the $500 billion dollar ad market, the advantage seems good.
Third party mobile apps which range from business productivity to game downloads give you a feasible business opportunity. Simple apps similar to Ocarina allowing for iPhone users a approach to turn their handsets into a wind instrument is a top 99 cent download.
Apple, RIM along with other enterprises provide a third party application developers fund to fuel investment in the application development market.
Mobile Web Design:
It would seem most sites are mobile phone ready but mobile readiness is far away from business web development radar. The problem of matching webpages on small display screens for several products with straightforward navigation is a marketplace demand for a very long time coming.
Location Based Services:
Cameras in the cell phone were a killer application but currently utilizing GPS (Global Positioning Satellite) on the mobiles comes with a host of fresh business opportunities.
The combination of social networks and GPS offers enjoyable chances in allowing users to upgrade friends on one’s position and tag popular location.
Accessorize: From style conscious youngsters to savvy soccer moms, the necessity to customise, personalize and bling out your cellular phone is a solid market place. Phones Researchers, a network of cell phone e-commerce stores, developed from down below $500,000 in revenue to more than $16 million in Three short years.
Creating a smartphone business is a continuing market opportunity and with increasingly more shoppers wishing to upgrade from a cell phone to a smartphone, the future looks bright for this business.