Industry Analysis & Industry Trends
The Electronic and Computer Repair Services industry has declined during the past five years. The increasing affordability of electronics and computers has prompted consumers and businesses to purchase new products rather than replace their existing equipment, and businesses and consumers typically have opted to purchase more advanced products and scrap damaged or outdated goods. In the five years to 2019, the industry will grow marginally, as increasing complexity of consumer devices, computers and other precision instruments will lead to higher demand for repair services. However, the industry will continue to suffer from declining trends, such as falling prices for new electronic and computer equipment... purchase to read more
Industry Report - Starting a New Business Chapter
Operators within this industry need to develop an established reputation for providing services across a wide range of platforms in order to capture consumers' confidence. A good reputation also helps attract large outsourcing deals. In addition, it is necessary to negotiate favorable agreements with vendors or dealers of parts and equipment, which often necessitates a critical mass of ongoing orders that requires a steady stream of business to support.
New entrants need to have a strong knowledge of niche markets, technical expertise and financial resources to build a viable sales base. Furthermore, medium levels of startup costs are required for attracting employees with strong technical and marketing skills... purchase to read more