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Cell Phone Industry

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The prepaid cell phone industry is growing right now, but eventually demand will level out and the industry will start to mature. How would the maturation of the industry worldwide impact your business strategy?

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https://brainmass.com/business/business-management/cell-phone-industry-340354

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How would the maturation of the industry worldwide impact your business strategy?

The maturation of the industry worldwide would greatly impact my business strategy in a number of ways. As a business owner, I would incorporate the latest technologies as well as make sure that pre-paid cell phones are available for use, so that people can decide which will work best for them. The ringtones would become quite unique that stand out from the norms of other companies as well as would seek ways in which to reach customers who could become interested. In regards to marketing efforts, the cell phones can become a mass effort. They can advertise via the web through using Google adwords, their own site, social networking (Facebook, Twitter, etc.), and so forth. They are more likely to get college students actively involved in this effort, so they could ...

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This solution noted the maturation of the industry worldwide and impacted business strategy?

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