How gadget accessory-makers must battle for orders

by khrychev

There are a lot of different opportunities to make money even if you are not such a big company as Apple or Samsung. These “giants” operate in technological business and they do make a huge amount of profits. Most of the people of course know them, however, much less people know about such firms as Knomo, that produce accessories to, for example, Apple. Such firms are making money by producing goods for another goods. For example, iPhone protector to iPhone. I find it very interesting, how each big industry, such as mobile phone industry, has relatively smaller firms that make money by using the success and popularity of that bug industry.

Key components would be being fast to create accessories to the phones that just came out and being creative, so that people would like it. In order to succeed, a firm should pay attention to rumors about new products and collect information from all possible sources in order to be ready for new products.

 

(Image source)

Isn’t it amazing how firms are making money from other firms success and popularity?

See the article: http://www.bbc.co.uk/news/business-24276222