Having a business selling technology products like mobile phones, gadgets, or other types of devices have for having a great demand of consumers who are willing to spend their money in the “last” of the market. But then new devices that can make changing consumer buying patterns appear. One of these new trends are wearable items, we refer to smatwatches and smart bracelets.
New items are appearing in the technology market: Drones, smartwatches, smart bracelets, etc. Almost all large companies are getting in fashion these devices, an example is Apple with its Apple Watch.
Watch the Apple product is the example you have to create a company if or if, as previously Sony, Samsung or LG had opted for smartwatches, and they could not stay out of the market. It seems that your bet has not gone as well as they wanted, for different reasons, but there are more than 1 million Apple Watch those that have been sold (and only you can make online purchases, and in certain countries).
Another example of this are the smart bracelets, big brands like Nike, Microsoft or Xiaomi already have a SmartBand in the market to have happy users who demand this type of technology products.
What should make the Technology Trades?
The truth is that the answers are not simple. For 2015, experts expect an increase of 700% over sales of wearable items, over the previous year; still no data of any studies that may corroborate this information. With the emergence of Apple Watch or the new Pebble watch surely these details are correct. But e-commerce should overturn the sale of these devices…?
In my opinion it is still a little mature market with great potential for success but also great potential for failure. Perhaps it would be best to wait the next year and see the evolution of the market for these devices, but if you like the risk can be a good starting point.
The future will mark if wearable devices have to be a product tour of majority, or not consumption; for now, all is uncertainty regarding these items.