Business Plan of Cell Phones

Business Plan of Cell Phones

The Market

The market for cell phones is increasing at a rapid pace. Almost every week, new models of cell phones are being introduced in the market at competitive prices. The number of competitors is also increasing causing trouble for new competitors to enter the market. However, there is an easy way to enter the market that is to introduce an innovative product that is liked by the customers.

Current Situation

In the current scenario, mobile giants such as Nokia are being left behind by companies like Apple and Samsung. The introduction of touch screen phones ...