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Monday, November 01, 2004

Mobile phone sales growth is set to plunge in 2005

Now they say it is on its way down - sales of mobile phones are forecast to plunge from 30% in 2004 to 8% in 2005 - still impressive but a warning sign.

No longer can fast growth be assumed as was said just in the beginning of this year.

Companies in the sector need to prepare themselves for a totally different game, with different strategies and a different managerial mindset. Getting closer to your customer, develop mobile phones that are in demand and trying to better understand their needs. And much, much more.

(by Asia Business Consulting)