Industry Analysis & Industry Trends
The Online Computer and Tablet Sales industry has grown by leaps and bounds over the past five years. Rapid technological change and the surge in online connections have supported demand for computing products. The proliferation of online shopping has also spurred industry demand, with online purchases of computer products seen as a cost-effective and convenient alternative to bricks-and-mortar shopping. These favourable trends have helped the industry weather the global financial crisis and outperform its bricks-and-mortar counterparts. Over the five years through 2014-15, revenue from the Online Computer and Tablet Sales industry has grown at a phenomenal annualised 27.5% to total $1.1 billion. Industry revenue is expected to grow by 13.5% in 2014-15... purchase to read more
Industry Report - Starting a New Business Chapter
The Online Computer and Tablet Sales industry has minimal barriers to entry. Smaller, niche operators can enter the industry with little capital investment. The initial cost of establishing an online business is low compared with other industries. Operators entering the industry need to purchase a website and domain name in addition to establishing solid relationships with suppliers in order to guarantee a consistent and reliable supply of products. Continual improvements in technology have resulted in a constant change in industry products. New entrants must be prepared to update their inventory frequently in response to consumer demand.
While competition in the industry is high, the skill level required to operate an online store is relatively low... purchase to read more