Business

Walter White / February 17,2020

7 Tips for Getting a Product on Shark Tank

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Growing up in San Diego, California, I was unprepared for how mosquitos would impact my family’s quality of life when we relocated to South Florida. My young daughter and I were constantly suffering from mosquito bites and none of the post-bite treatments available on the market were effective.
Determined to find a solution, I spent time investigating how other countries were combating insect bites and I discovered a product that uses suction to eliminate the irritant rather than applying creams or harsh chemicals. I was amazed to find that the product not only worked, but it also offered instant relief for me and my daughter.
Knowing that the product was life-changing for my family, I became a “mom on a mission” to make the product readily available for other families. After testing the market and receiving positive feedback from customers, I knew I had a winning product.

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Walter White / January 20,2020

Global Smartphone Market to Grow by 64 mn Units in 2020-24

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Global Smartphone Market to Grow by 64 mn Units in 2020-24

Riding on the Artificial Intelligence (AI)-enabled features, the global smartphone market is expected to grow by 64.05 million units during 2020-2024, a new report said on Wednesday.
According to London-based market research firm Technavio, the consumer’s shift to online purchases will have a positive impact on the market and contribute to its growth significantly over the forecast period.
“Online smartphone sales contributed to around 50 per cent of the total sales in India as of April 2019 because many major e-commerce vendors such as Amazon and Flipkart are promoting multiple brands of smartphones,” said the report.
In addition, online distribution channel requires limited investments and eliminates additional costs for the seller as well when compared to the offline channel.
The online sales volume of smartphones is increasing due to factors such as wide assortment of products, convenience, and the availability of products at special prices and discounts.
Global Smartphone Market to Grow by 64 mn Units in 2020-24As an industry leader in innovation, OPPO has invested heavily in the development and research of 5G smartphones. Wikimedia Commons
“This is expected to further increase the variety and number of products available over the online channel. All these factors are expected to showcase a positive outlook for the market over the forecast period,” the report added.
AI is gaining traction in the smartphone industry as it has transformed the way consumers interact with technology.

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