Project report for Mobile shop & service

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India is one of the most popular destinations for smartphone companies with as many mobile users as the entire population of the United States. The number of smartphone users in India is estimated to increase to about 442.5 million in 2022. India is the world’s second-largest market for smartphones after China. About 144 million smartphones were sold across India in the year 2021.

India ranks second in the average time spent on mobile web by smartphone users across the Asia Pacific. India has witnessed a huge spurt in mobile phone sales in the past 5 years and this has necessitated the growth of authorized repair centers as part of the standard after-sales support for most brands. However, many devices also require repairs or servicing after the warranty period expires. 

In most cases, the cost turns out to be prohibitive because of the limited inventory of spares carried by most service centers. We, therefore, turn to third-party repair facilities for our mobile device servicing needs. This industry has been largely unorganized so far, with small independent operators that may not have standardized systems, processes, and pricing. The increasing number of users helps to increase the sales of mobile as a gadget and at the same time, the possibility of repairing the phone is also getting very high.

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Product / Services & process

We offer smartphones and feature phones of leading brands with maximum offers in place at the same time we have a team of good and charming technicians, who can service & repair damaged smartphones.

Market potential & Strategy

In an era where technology is evolving incessantly, the Mobile phone industry is advancing rapidly to keep up with the fast-paced evolution. Since they first came into existence over 30 years ago, mobile phones, or smartphones as they are now referred to, have assisted in accelerating progress and improving communication between multiple parties over the years. 

Owing to its contributions, it is hard to envisage a world without mobile devices, as it is now an integral requisite of our day-to-day life. People now have access to smartphones, which are portable devices with mobile as well as computing integration, through which they can keep in touch with their social circle as well as explore the World Wide Web with just a touch or click of a button. 

The mobile handset market has progressed over the years due to constant demand for new and technologically advanced devices. Aiding this growing need and demand for mobile phones is another booming sector, the Mobile Repairing Industry. These are the third-party players supporting the smartphone market through its post-sales services and expanding their reach manifold over the past few years. More and more individuals can now afford smartphones and with that comes a greater need for mobile repair shops. Since company-specific cell phone retail and service centers are sometimes unable to provide adequate post-sales support, many customers opt for local solutions to save time and money. 

In addition to that, the newer models in the market help people to buy new smartphones which are now available at EMI options too, so the future of the business is so viable. Along with that, the firm can start a presence in e-commerce sites to make sure the sales are increasing double-fold.

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