Industry Analysis & Industry Trends
The Online Camera and Camcorder Sales industry is expected to trend higher as falling unemployment, rising per capita disposable income and increasing consumer sentiment have helped bolster revenue growth. Additionally, consumers will be more likely to purchase items online as a result of more secure payment methods. However, the increasing quality of photos taken via a digital camera built into a smartphone will likely hurt the industry over the next five years.... purchase to read more
Industry Report - Starting a New Business Chapter
The Online Camera and Camcorder Sales industry has low barriers to entry and initial capital investment is relatively low. Moreover, in light of internet services that provide potential entrants with web design templates, the skill level to successfully compete is also low. Industry operators do not require a license and there is no certification process for entry into the industry. Nevertheless, entrants face a number of challenges, including established reputations, name brands, marketing power, and the high level of price-based competition.
One of the greatest barriers to entry is being able to compete with large competitors... purchase to read more