Jakarta, Indonesia - Mobile accessories and devices sales have skyrocketed in the last couple of years as technology has also been advancing. The increasing demand for smartphones have also driven manufacturers of mobile gadgets to increase their stocks and double their efforts to innovate depending on the needs of the consumers. But as the technology is fast changing, so are trends and preferences. With dozens of new models and units, one item can be hot in the first couple of months and be totally forgotten on the following days. It is already a cycle in the modern world and distributors have accepted the risk and challenge to deliver the products fast and be constantly updated on the latest releases.
One sector, the wearable, is yet to have that worry since we are still presently at the time when wearable devices are slowly being appreciated. It may not have reached its own peak of success yet but soon, its popularity is set to surpass that of monopods. In their review of the total adoption of people on wearable gadgets, the Peterson Group, distributor of mobile phone accessories and laptop peripherals in Taiwan observes that “this category will have a long and profitable tail. In fact, key products released this year have given wearables a healthy bump in terms of market expansion and popularity”, says Ian Peterson, CEO.
To the average consumer, these wearable refers to the Apple Watches. While it is true that Apple has contributed to the mainstream appreciation of the device, it is not the only brand and product to drive this category into its slow but steady success. As a matter of fact, fitness bands are skyrocketing with high average selling price opportunities. Authorities even found fraud fitness bands on black markets which are being flocked by health cautious customers.
See, as technology advances, consumers are willing to pay for more sophisticated products. If you haven’t experienced these sales in your store there’s a reason for that too: less than 5% of fitness band purchases were made at a wireless carrier store. That means there’s a tremendous opportunity to take advantage of this growing segment.
Retail stores often disregard these products and instead focus on the sales of headsets, chargers and other most in-demand devices to avoid the risk of investing. It is, however, highly advisable to include these products in your line of products albeit limit its quantity. Furthermore, it is also important to have sufficient knowledge on the background of this particular category to sell it well.