Accessories Make More Money

Nokia%20Acessory.jpgIn a recent prediction that has been made mobile phone accessories will make over US$32 billion in revenues in 2007 which is more than the US$28 billion expected from the Smartphones in the market. The number of mobile phone accessory products in the market are increasing with new products driven by technology along with customer preferences in fashion and personalization. With this, handset vendors and mobile operators are showing greater interest as accessories provide high margins and also opportunities to promote their brand in the market. Handset vendors now realize that in order to increase sales of their high-end mobile phones and smartphones, they need to provide accessories that allow users to fully enjoy and use those handsets.

In the days to come, the market for mobile phone accessories is expected to grow steadily and will generate over $80 billion in revenues in 2012. No wonder hand set giant Nokia has already entered the handset accessory market with a distinctive approach of "Mobile Enhancement" products wiht others following soon. Something new is about to begin.
Source

Digg it | Slash it | Add to Del.Ico.Us

Reader Comments

Leave a Comment




Search