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by webmobdev 1767 days ago
> hardware is hard. More than that: it's expensive.

Then you need to rethink your business segment / model - pivot into the fashion industry. There's a huge international market of mid-to-high net worth individuals who don't mind shelling out a huge amount for something "fashionable". The markup in retail fashion segments are insane. But people are willing to pay that "extra" because they believe they are also paying for something "artistic" too.

Apple understands this and that is why they have hired many from the fashion industry:

- Fashionably Apple: Who is Angela Ahrendts - and why is Apple hiring fashion execs? - https://www.pocket-lint.com/gadgets/news/apple/123992-fashio...

- Apple hires Paul Deneve of French fashion house YSL [u] - https://appleinsider.com/articles/13/07/02/apple-rumored-to-...

The whole "luxury-watch" segment (dominated by swiss watches) is another example of successfully making more by marketing something as a fashion accessory, than a tech product.

(If you are interested in consulting someone knowledgeable in this field, I know somebody who has 10+ years of experience in fashion retail and used to run and manage many popular western retail brands in the whole of middle-east. Please provide your contact details and I can refer them to you.)

1 comments

Thanks! We will definitely keep your offer in mind. Our issue, though, is not the market. There is a lot of demand! And we just got nominated for a design excellence award by the Accessories Council.
You have created something very neat and useful and I am not surprised there is a demand (though I would be interested to see if it sustains itself when you reveal your pricing, and whether you can be profitable with it). Congrats on the recognition (the award) - it seems well deserved. I hope the product and business are a big success.