Good-Guy
VIP Contributor
The field of electronic is a kind of field that is not only lucrative, but I must say that electronic products and this industry is actually work trillions of dollars in the market. There are many popular electronic brands in the market such as SamSung, LG, Phillips, Toshiba, etc. these are some of the multinational brands that are in use by many people around the world and some of them took many years to become popular. However, the popularity of certain brands would rise and decline and I think that it all depends on the marketing and advertisement of such kind brands. What many people must realize that the brands could also fall in popularity, too.
For example, around 15 years ago, Nokia was one of the most popular brands in the market, but now the market conditions of Nokia is not so good. Nokia has declines badly. I think this obviously proves that even many popular brands could decline at some point. So this is why I believe that brand's consistency matters a lot if the company wants to stay in the businesses. What are some of the business ideas to stay in the market and avoid getting your decline in the market?
For example, around 15 years ago, Nokia was one of the most popular brands in the market, but now the market conditions of Nokia is not so good. Nokia has declines badly. I think this obviously proves that even many popular brands could decline at some point. So this is why I believe that brand's consistency matters a lot if the company wants to stay in the businesses. What are some of the business ideas to stay in the market and avoid getting your decline in the market?
