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Is it Profitable to Sell Phones Online?

With a global sales value of 522bn USD and a net increase of around 4.5% in users every year, the industry seems to be flourishing. The smartphone market is so enormous that targeting a niche market can enable you to sell hundreds of thousands units over its life. The advanced technology or features when added to mobile phones increases their demand.

Features like cameras, access to the internet from phones, and GPS resulted in an enormous increase in their demand. Nowadays, social marketing concepts along with technology and innovation allow companies to create something that is higher than the demand and becomes a need. Moreover, additional features like mobility, and access to text messages which were not there in traditional telephones also led to an increase in demand for cell phones.